Trader made million with pepe $PEPE ……….. The most famous Pepe story is the $3K to $73M guy - pure degen legend.
April 15, 2023 - Pepe had just launched 2 days before, market cap was basically zero. Everyone was calling it another scam.
One anonymous wallet said f* it and dropped $3,000 and bought 4.91 Trillion PEPE.
Then he did nothing. For 600+ days. While Pepe went viral, listed on Binance, became the 3rd biggest memecoin behind DOGE and SHIB.
His play:
• Sold 3.03 Trillion PEPE in batches for $27.5 million profit on the way up
• Still held 1.88 Trillion PEPE worth $45.66M
• Total profit: $73 million - a 24,656x return
Lookonchain found an even earlier version of the same wallet - he turned $3,000 into $46M in just ONE month in May 2024, selling 1.41 Trillion for $7.4M and sitting on $38.9M.
And there are even crazier ones:
• Another dude turned $27 into $52 million
• James Wynn, the Hyperliquid whale, turned $182k into $40M on Pepe spot, plus another $25M trading perps
But here's the part they don't tell you in the screenshots:
1. 99% of people who bought that same week sold at 2x or got rugged on fake Pepe contracts.
2. He held through -80% drawdowns multiple times.
3. If he tried to sell that full 1.88 Trillion in one go, liquidity would crash - that $45M on paper is not $45M in your bank.
It's not "easy money" like your A-Qiang camper said - it's 1 winner out of 100,000 losers. The guy risked $3k he could afford to lose to zero
April 15, 2023 - Pepe had just launched 2 days before, market cap was basically zero. Everyone was calling it another scam.
One anonymous wallet said f* it and dropped $3,000 and bought 4.91 Trillion PEPE.
Then he did nothing. For 600+ days. While Pepe went viral, listed on Binance, became the 3rd biggest memecoin behind DOGE and SHIB.
His play:
• Sold 3.03 Trillion PEPE in batches for $27.5 million profit on the way up
• Still held 1.88 Trillion PEPE worth $45.66M
• Total profit: $73 million - a 24,656x return
Lookonchain found an even earlier version of the same wallet - he turned $3,000 into $46M in just ONE month in May 2024, selling 1.41 Trillion for $7.4M and sitting on $38.9M.
And there are even crazier ones:
• Another dude turned $27 into $52 million
• James Wynn, the Hyperliquid whale, turned $182k into $40M on Pepe spot, plus another $25M trading perps
But here's the part they don't tell you in the screenshots:
1. 99% of people who bought that same week sold at 2x or got rugged on fake Pepe contracts.
2. He held through -80% drawdowns multiple times.
3. If he tried to sell that full 1.88 Trillion in one go, liquidity would crash - that $45M on paper is not $45M in your bank.
It's not "easy money" like your A-Qiang camper said - it's 1 winner out of 100,000 losers. The guy risked $3k he could afford to lose to zero
