{"id":20546,"date":"2024-05-15T22:30:05","date_gmt":"2024-05-15T22:30:05","guid":{"rendered":"https:\/\/coinengineer.io\/?p=20546"},"modified":"2024-05-15T14:43:46","modified_gmt":"2024-05-15T14:43:46","slug":"meme-coin-trader-who-made-14-million-from-pepe-starts-selling","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/meme-coin-trader-who-made-14-million-from-pepe-starts-selling\/","title":{"rendered":"Meme Coin Trader Who Made $14 Million from PEPE Starts Selling"},"content":{"rendered":"<p>A savvy meme coin investor has started selling PEPE, the popular meme coin of recent days, for profit.<\/p>\n<p>According to a post by blockchain analysis platform <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-wallet-dormant-for-11-years-wakes-up-transfers-30-4-million\/\">Lookonchain<\/a>, a trader bought a total of 1.4 trillion PEPE between December 1, 2023, and February 12, 2024. The investor&#8217;s total cost was approximately $1.49 million.<\/p>\n<p>PEPE has put on a remarkable performance with the return of Roaring Kitty, the legendary name of the 2021 GameStop craze, and the revival of the meme coin market. According to CoinGecko, the price of PEPE has risen by over 40% in the past week.<\/p>\n<p>According to Lookonchain&#8217;s transfer, the trader sold only 10% (140 billion) of his PEPE holdings for a total of $1.57 million in the past few days.<\/p>\n<p>The investor, who still has 1.26 trillion PEPE in his wallet, has a total profit of over $14 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A savvy meme coin investor has started selling PEPE, the popular meme coin of recent days, for profit. According to a post by blockchain analysis platform Lookonchain, a trader bought a total of 1.4 trillion PEPE between December 1, 2023, and February 12, 2024. The investor&#8217;s total cost was approximately $1.49 million. PEPE has put<\/p>\n","protected":false},"author":1,"featured_media":14769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[192,3116,2191,466,396],"class_list":["post-20546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blockchain","tag-investor","tag-meme-coin","tag-pepe","tag-profit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Meme Coin Trader Who Made $14 Million from PEPE Starts Selling - Coin Engineer<\/title>\n<meta name=\"description\" content=\"A savvy meme coin investor has started selling PEPE, the popular meme coin of recent days, for profit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/meme-coin-trader-who-made-14-million-from-pepe-starts-selling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meme Coin Trader Who Made $14 Million from PEPE Starts Selling - 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