Traders reveal how to make nearly 500 million baht and make 1,503 times profit from the hottest meme coin PEPE!

Using certain strategies, traders were able to make huge profits from PEPE coins, increasing their profits by more than 1000 times, even though the value of PEPE tokens fell somewhat. But investors in this meme coin still managed to make millions. Meanwhile Major bookmakers continue to accumulate PEPE coins as the price begins to reverse upwards.

Meme coin traders make millions

Information from Lookonchain Revealed that James Wynn Meme coin traders made 1,503 times more profit on their PEPE investment, with Wynn purchasing the token in the early days. With just $8,524, you earned a total of 2.83 trillion PEPE tokens. When tokens became popular He sold more than half of his coins (1.81 trillion tokens) for $4.57 million.

Since then, the value of the PEPE meme coin has skyrocketed. This has greatly increased the unrealized profits of the remaining tokens in Wynn’s holdings. Wynn currently holds 1.02 trillion PEPE tokens spread across three wallets, with a total value of $8.25 million.

In total, Wynn’s total profits from PEPE trading were $12.8 million, but if he held all of his coins thus far, His profit would be more than $20 million.

According to data from the blockchain research platform, Wynn’s profits didn’t stop with PEPE, as he also made over $800,000 from trading other meme coins within the past week. He recently purchased 5 new coins, 2 of which are still profitable: BOBO and ANDY.

At the time this report was published The trader bought 273 billion tokens of BOBO for $138.263 and made a profit of $430,000. Similarly, he bought 4.711 billion tokens of ANDY for $115.493 and made a profit of $338,000.

However, Wynn’s trades were not all successful. According to the data, he was only 45% successful, making a total profit of over $13.7 million on nine memecoin trades, but only losing about $350,000 on his trades. Trade 11 coins including the Rug Pull coin.

Major bookmakers are still chasing PEPE.

As reported by NewsBTC, the latest data shows that the price of PEPE coin has decreased over the past month. As a result, the number of wallets that hold coins and make a profit decreases. But on the other hand, big bookmakers continue to collect this coin.

This week, major bookmakers accumulated a total of 211 billion PEPE tokens from Binance, Gateio, and Uniswap, buying them at an average price of $0.000007291, losing a total of $1.54 million, of which the purchase turned out to be profitable. Because only a few hours later The coin price also jumped 17%.

According to information from Spot On Chain The value of the coins in the collection jumped to $1.72 million, generating $173,000 in unrealized profits. Other reports also pointed out that Major bookmakers continue to accumulate and make profits from the PEPE coins they hold.

However, the coin’s trading volume dropped 22.1% over the past 24 hours.

Source: newsbtc