Many people ask themselves the question: Can entering the crypto market really lead to wealth? A striking example demonstrates that this is possible: a first-time investor turned an investment of just $3,000 into Pepecoin and achieved a phenomenal profit that exceeded the original investment by more than 11,000 times . The on-chain data shows that the corresponding wallet now has an unrealized profit of $30 million , making it the owner of the largest amount of PEPE outside of exchanges.

In April 2023, the wallet address 0x6982508145454Ce325dDbE47a25d4ec3d2311933 secured approximately 4.9 trillion of the meme coin PEPE, whose current value is $32 million . This made the owner the thirteenth largest holder of this token. The Ethereum-based token has seen significant growth since its launch and has even been listed on leading trading platforms such as Binance and Coinbase .

This story highlights the volatile and unpredictable aspects of the crypto market , where significant profits are possible. The rapid increase in value of Pepecoin attracts both experienced investors and market newcomers . This particular success story illustrates how early investments in promising digital currencies can generate impressive returns . However, in the current bull market, it is difficult to become a millionaire with little effort – especially since PEPE is currently pumping heavily. Presales would be an affordable alternative that could ultimately be more profitable than investing in Pepe.

Pepe increases by over 400%!

Since the beginning of the year, the frog-themed meme coin PEPE has shown impressive growth momentum. So far, the token has seen an increase of over 340,000%, dropping four decimal places. In the last seven days alone, PEPE gained around 400%. In the past 24 hours, the price increased by 32.65%, bringing the current value to $0.000007084.

The exact reasons for PEPE’s sudden rise are not clear, but positive overall market sentiment could play a role. Given the steady inflow of capital into Bitcoin and the associated strengthening of the global crypto market capital, investors may be turning to smaller coins in the hope of higher profits .

Surprisingly, Pepecoin has overtaken well-known cryptocurrencies such as Sei (SEI), Arbitrum (ARB), Celestial (TIA) and Algorand (ALGO) in terms of market capitalization and now ranks as the 40th most valuable asset. The market capitalization increased by 409% to $3 billion in a week .

This development underlines the unpredictable fluctuations in the crypto market, where even niche coins can suddenly come to the fore. PEPE’s recent success could inspire investors to broaden their investment horizons and explore the potential of smaller, lesser-known coins.

Meme coin rally turns into meme coin euphoria

Meme coins are again capturing investors’ attention, especially those based on the Solana blockchain, especially after their impressive rally at the end of last year. Coins such as Pepecoin, Shiba Inu, Dogwifhat and Floki Inu are currently the focus of interest.

In the last 24 hours, the meme coin segment witnessed a 16% increase, bringing its total value to $52 billion. What stood out were the increases in the value of Pepecoin and Bonk Inu, which increased by 34.5% and 48.89% within one day .

This development could indicate increasing entry from retail investors, who typically look for cheaper coins to make quick profits .