A dealer just lately made headlines by promoting off a large stash of PEPE cash for a hefty revenue, and now the eye of crypto whales is popping to a brand new meme coin, WienerAI (WAI), which is in its ultimate phases of pre-sale.
Spectacular revenue from PEPE
Meme cash have a status for producing monumental returns in a brief time period, as evidenced by a latest high-profile transaction. The savvy dealer purchased 170.2 billion PEPE cash final October and offered them for $1.97 million on July 25, making a revenue of $1.77 million. This sale, made in two transactions, resulted in an 886% return on funding (ROI).
The primary transaction concerned swapping over 100 billion PEPE for $1.16 million in USDC, adopted by the conversion of the remaining tokens for $812,000. Whereas some market watchers applauded the timing of this selloff, others famous that the achieve may have been even greater had the dealer cashed in when the PEPE value peaked at 0.00001699 earlier within the 12 months.
One other meme coin millionaires
The latest PEPE transaction is one in every of a number of situations the place buyers have reaped vital rewards from meme cash. One other dealer turned an funding of two ET…
The publish PEPE Whale sells $1.7M price of PEPE: Whales at the moment are shifting capital to WienerAI as ICO ends in lower than a day! appeared first on Coin Version.
