Coinpedia
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
News

Crypto Trader Scores $42M Profit in Just 1 Year with $PEPE, $ONDO & $BEAM

Mustafa Mulla24 May 20242 min read

The crypto world is one that just keeps on giving – if you know how to play your cards right.

Now, one trader has stolen the spotlight with an awe-inspiring tale of success, particularly in meme-based digital assets. Within just twelve months, this shrewd investor transformed a $23 million portfolio into an impressive $65 million, raking in a staggering $42 million along the way!

With the crypto market abuzz over Pepe coin, a beloved frog-themed cryptocurrency, the extraordinary gains of this trader have become the talk of the town. But the story doesn’t stop there. Alongside the Pepe frenzy, our trader also struck gold with ONDO, the governance token of Ondo DAO.

Smart Trading in Action

According to insights from Lookonchain, a leading blockchain analytics platform, our trader’s journey to riches was paved with meme coins, particularly Pepe Coin (PEPE). Between November 2, 2023, and February 1, 2024, the trader acquired a staggering 3.97 trillion PEPE tokens, investing 2,434 Ethereum (ETH) in the process.

Through astute timing and strategic selling maneuvers, our trader made the most of PEPE’s soaring prices. By selling 125 billion $PEPE tokens for 350 ETH, equivalent to a whopping $1.27 million, while retaining 3.84 trillion PEPE tokens valued at $56.43 million, the trader showcased an unparalleled knack for maximizing profits.

The Numbers Speak

Lookonchain’s meticulous analysis reveals that the trader’s profits from PEPE alone skyrocketed to $60 million, representing an astonishing 1203% return on investment (ROI).

ONDO DAO’s Triumph

Diversifying their portfolio beyond the realm of Pepe Coin, our trader also found success with ONDO, the governance token of Ondo DAO. Acquiring 7.55 million ONDO tokens for $1.9 million, the trader executed strategic sales, reaping a staggering $5.8 million in profits.

Lookonchain’s insights shed light on the trader’s remarkable ROI from ONDO, clocking in at an impressive 288%, further solidifying their reputation as a masterful trader.

A Tale of Two Coins

As of the latest market data, PEPE coin’s price has exhibited signs of a minor retreat, dipping 2.66% in the past 24 hours to $0.00001379. Despite this slight downturn, PEPE recently soared to a new all-time high (ATH), defying broader market trends and capturing the imagination of investors worldwide.

In stark contrast, ONDO’s price has surged to $1.10, reflecting an impressive 11.29% increase in the past 24 hours. With its trading volume skyrocketing by 120%, ONDO’s market cap now stands at a formidable $1.5 billion, signaling a bullish trajectory for this growing digital asset.

Also Check Out: Shytoshi Kusama Hints at Shiba Inu ETF After Ethereum’s Greenlight: Community Erupts!

Remember, crypto remains a volatile market. Invest responsibly!

#Meme Coins
Mustafa Mulla
Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

More in News

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can see a comeback in the next cycle. Here is CoinPedia’s Kava (KAVA) price prediction for 2026, 2027, and 2030. KAVA …

Qadir AK·10h ago3 min

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Kava Network positions itself as a hybrid Layer-1 blockchain combining the developer flexibility of Ethereum with the speed and interoperability of Cosmos. Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can …

Qadir AK·27 Aug 20261 min

News

XRP News Today: 44 Million Rakuten Pay Users Get Direct Access to XRP in Biggest Japan Rollout Yet

Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was one of the ecosystem’s most recognisable voices Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a …

Qadir AK·19 Jun 20262 min