Oil King Pepe (OILPEPE) is a newly launched meme coin on the Solana blockchain. It has the potential to become a mainstream coin like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Oil King Pepe made a profit of over 6,000%, turning a $130 investment into over $7,700. The investor made the purchase a few hours after OILPEPE began trading on Raydium and has not sold any of their tokens yet. The price of Oil King Pepe is expected to rise another 20,000% from its current price.
Most buyers of OILPEPE are holding onto their tokens and waiting for further gains in the coming days and weeks. OILPEPE will be listed on KuCoin, one of the largest centralized exchanges in the world, in July. This is a bullish development for the token as millions of new investors will be able to buy Oil King Pepe.
Oil King Pepe has rallied over 14,300% to reach a market cap of $16.6 million. It is expected to soon hit a $60 million market cap.
Currently, Oil King Pepe can only be purchased via Solana decentralized exchanges like Jupiter and Raydium. Early investors stand to make huge returns in the coming days.
To buy OILPEPE on these platforms, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Oil King Pepe by entering its contract address (GRUCh82C2aUXo2487mNWJx92s5K26pCtZp8HF47ZZAkc) in the receiving field.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK) before these meme coins went viral and exploded in price. If this happens, a new wave of meme coin millionaires could be created in a matter of weeks or potentially even sooner.