Politician Pepe (POLPEPE) is a newly launched memecoin on the Solana blockchain, with the potential to become a mainstream coin like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Politician Pepe (POLPEPE) has generated a profit of over 1,100%, transforming a $240 investment into over $2,500. The astute investor made this purchase shortly after POLPEPE began trading on Raydium and has not yet liquidated any of their tokens, anticipating the price of Politician Pepe to further appreciate by an additional 20,000% from its current level.
Many buyers of POLPEPE are opting to hold their tokens, anticipating further gains in the near future, rather than realizing their current profits. A significant development for the token is its upcoming listing on KuCoin, one of the world's largest centralized exchanges, in July. This will make Politician Pepe accessible to millions of new investors.
Within 24 hours of its launch, Politician Pepe soared over 1,100%, reaching a market cap of $155,000, with expectations of soon reaching a $20 million market cap.
To purchase POLPEPE on Solana decentralized exchanges like Jupiter and Raydium, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Politician Pepe. To do so, they can enter its contract address – GmkVAWCUG7MQENXvLaxpYTMBwWsgRyWVnU9eYWQwTUWt – in the receiving field.
Users who do not have these wallets can quickly create new ones and transfer Solana from exchanges like Coinbase or Binance to it.
Early investors in POLPEPE could potentially enjoy similar returns to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK) before their widespread popularity and price explosions. If this scenario unfolds, a new generation of memecoin millionaires could emerge within a matter of weeks, or perhaps even sooner.