Ahmet Bedirhan Arvas 
In the world of cryptocurrency, memecoin continue to offer extraordinary returns to investors. Particularly, investments in PEPE token have turned into remarkable profits. One investor spent around $3,000 on April 15, 2023, to purchase 4.91 trillion PEPE tokens. As the prices rose, the investor gradually sold off their holdings, making a total profit of $73 million.
Another investor, on December 6 and 7, 2023, invested $250,000 and acquired 160.62 billion PEPE tokens. This strategic purchase resulted in a profit of approximately $2.17 million.
These examples show that despite their high volatility, memecoins can offer significant profits to investors. However, it is important to remember that such investments carry high risks and should be approached with caution.
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Is the Rise of Memecoins the Reason for Altcoins’ Stagnation?
This intense interest in memecoins is reducing attention toward more established and infrastructure-focused cryptocurrencies. According to data from the analytics platform Santiment, interest in memecoins is decreasing, while focus on Bitcoin (BTC), Ethereum (ETH), and other Layer-1 (L1) protocols is increasing. This shift could signal a move toward a healthier and more sustainable market cycle.
Although memecoins have gained popularity due to the expectation of easy profits, experts emphasize that these assets have high volatility and limited technical foundations. Crypto expert Oytun Es points out that the excessive number of zeros and high supply of memecoins could mislead investors.
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