Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors. A cryptocurrency trader has reportedly turned a $27 investment in the Pepe memecoin into an extraordinary $52 million profit, according to blockchain analytics firm Lookonchain. An unknown Pepe trader bagged the life-changing profits, crypto intelligence firm Lookonchain revealed in a Dec. 14 X post.…
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Central issues: Many of the early buyers of PEPE own Milady NFT, and Dimethyltryptamine.eth cashed out more than $6 million while also owning PEPE tokens worth more than $9.7 million. Lookonchain found three SmartMoneys that bought $SHIB and $PEPE early on and made millions of dollars. Early PEPE tokens purchasers hold Milady NFT; Dimethyltryptamine.eth has…
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