An early PEPE crypto investor who purchased tokens for a paltry 0.035 Ethereum (ETH), or $70.4, for his initial purchase, deposited his remaining 189.4 billion PEPE, worth $4.15 billion, into Kraken exchange.
With a return of more than 100,000 times the initial outlay, this is a monumental return on investment since an initial $70.4 has returned over $7.06 million.
An early buyer who spent only 0.035 $ETH($70.4) to buy 2.61T $PEPE($57.3M currently) deposited the remaining 189.4B $PEPE($4.15M) to #Kraken 50 minutes ago.
Even though he sold most of his $PEPE early on, he turned $70.4 into $7.06M—a return of over 100,000x.… pic.twitter.com/VfzBTY0LcO
— Lookonchain (@lookonchain) December 5, 2024
Pepe Crypto Price Reaction Analysis
Over the past 24 hours, Pepe has seen some massive gains, with the price increasing by almost 6%. This rally is partly a broader meme coin trend where meme coins have recently dominated charts with notable gains.
However, as Kraken saw a l
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