The rise in profits following the achievement of maximum profitability for meme coin investors.

The value of PEPE Coin has doubled, reaching a new record high.

PEPE, the third most popular meme-based cryptocurrency, has been steadily increasing in value, with its price doubling in the current month. This impressive surge has resulted in the majority of PEPE holders making a profit. According to data from IntoTheBlock, over 96% of PEPE owners saw a gain in the past month due to the rise in value. In fact, PEPE’s value has risen by 115% this month, reaching a new all-time high of $0.000017256. This information is sourced from IntoTheBlock.

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PEPE’s profit from sales

PEPE’s record high at the start of the week was followed by a significant drop due to increased sales throughout the week. The value dropped to $0.00001388 in the first half of the day, but saw a slight recovery with purchases from the lower region after a 20% decrease from its peak. Despite daily losses of up to 3%, PEPE is currently being traded at $0.0000145.

E

A large holder of cryptocurrency moved almost one trillion PEPE tokens to the BinanceE platform.

Lookonchain, a platform that monitors blockchain activity, recently noted that a sizable sum of PEPE was moved from an unidentified crypto wallet to Binance. This transfer caused PEPE to experience a decline of over 10%, although it has since rebounded. An investor, who is a significant player in the crypto market, allegedly sold their PEPE holdings for about $9 million, resulting in a profit of 52%, which equates to almost $5 million. According to the analysis platform tracking the wallet, the investor was able to make this profit in less than a month.

However, during today’s decline, PEPE and other popular meme coins with high market capitalization were among the bottom 100 losing alternative coins. While PEPE quickly recovered, BONK/USD and FLOKI/USD remained at the top of the rankings for assets with the biggest losses today, dropping by approximately 10%.