The demand for Pepe Coin ROI is insatiable. 2.0 knockoffs have already racked up enormous gains in July. As Pepe 2.0 rallied through the roof on Ethereum during the last week in June, one trader made $175,000 in just a day of riveting profit-taking.
Due to the relative anonymity of Web 3.0 users, we don’t know who the mystery trader is. But they left their tracks all over the blockchain. The on-chain transaction data tells the entire story.
Using the popular decentralized exchange, Uniswap, the crypto trader locked in 8.3T Pepe 2.0 tokens on June 28 at 8 am for $900.
They got into Pepe 2.0 at the right time.
Pepe 2.0 Melt-up Earns Trader $175,000 in a Day
Just ten hours later, from June 28, 6 pm until 3 am the following morning, this hero began selling. The project heated up so fast that they were able to sell PEPE2 back to the market in cool 2ETH increments 43 times.
As Pepe 2.0 really started to melt up, this trader’s activity peaked in their final two hours of trading. From 1 am to 3 am early June 29, they sold the alt-right altcoin for 2ETH every three to seven minutes.
In total, this stunningly profitable caper earned a 19,400% ROI on a $900 investment in under 24 hours. That’ll put some pep in anyone’s portfolio if not their step.
A 100x altcoin gem hunter, Dami-Defi, remarked on this Pepe 2.0 trade:
“This might be the cleanest entry and exit I’ve seen a while!
This #crypto wallet got into #PEPE2 before anyone had heard about it.
Turning $900 to $176k in less than 24hrs!”
In a tweet thread, Dami-Defi offered some advice for when making these kinds of trades. “If you don’t have a strategy, greed won’t allow you to take profit, and you’ll most likely end up losing all your profit to the market,” they averred.
So what they do instead is wait for a new position to 2x – 3x, then pull out their principal sum to “get your money back.” After that, they take profits each time the asset posts another 100% gain.
Background on PEPE Coin
An ERC-20 PEPE token launched in April this year went parabolic the first week in May. By May 10, PEPE was “the number one cryptocurrency by means of overall market performance, acquiring a market capitalization upwards of $1 billion in less than three weeks.”
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