PEPE Price Rally: Smart Trader Nabs 1200% Profit Trading Pepe Coin

Against the backdrop of a bull run undertaken by Pepe Coin, a renowned frog-themed meme cryptocurrency, a smart trader has been recorded making huge profits. This phenomenon has gained significant traction across the global crypto community, underscoring meme-based investments' potential to offer investors gains.

Notably, Pepe Coin's price rallied exceptionally over the past few days, with the token hitting new ATHs multiple times. Here's a closer look into the smart trader's investment portfolio and PEPE's price movements.

Smart Trader Makes Profit Off PEPE, ONDO, & BEAM

According to the insights revealed by the on-chain tracking platform Lookonchain, a smart trader has increased his investment portfolio from $23M to $65M, earning $42M in just a year. Intriguingly, he traded PEPE, ONDO, & BEAM cryptos to make these profits.

• PEPE: The trader spent 2,434 ETH to buy 3.97 trillion PEPE. Thereafter, sold 125 billion PEPE for 350 ETH, worth $1.27 million. Still holding 3.84 trillion PEPE, worth $56.43 million, the smart trader has an ROI of 1203%.
• ONDO: Meanwhile, the trader also bought 7.55 million ONDO, worth $1.9 million, at an average price of $0.26. Then, it sold 2.56 million ONDO at an average price of $0.79, still holding 4.99 million ONDO worth $5.73 million. This trading strategy boasted an ROI of 288%.
• BEAM: Further, the trader bought 139.47 million BEAM, worth $4.44 million, at an average price of $0.019. Selling 139.47 million BEAM at an average price of $0.032, the trader made profits with an ROI of 72%.