Original Author: Candlestick
Original Translation: Deep Tide TechFlow
PEPE is the only non-dog attribute meme coin in the top 40 market value. We have counted 88 addresses that have earned over $1 million on $PEPE.
On March 6th, $PEPE became the only non-dog meme coin in the top 40 market value, with a price increase of 981,171 times in a year. Here are the relevant statistics.
88 addresses have earned over $1 million on $PEPE. Is it necessary to enter the market early?
We investigated the 88 addresses that have earned over $1 million in profit on $PEPE, and here are our findings:
1. Early participants have an advantage
40% of the $1 million profit addresses entered the market in the first week of creating the $PEPE fund pool.
2. There is still a chance to enter the market in the middle
23 traders (26%) established positions after the first 6 months and still successfully earned $1 million in profit.
3. Holding is the key
67% (59 addresses) held for over 100 days. 35% (31 addresses) held for over 300 days and still hold.
Research the address visible in the upper right corner of the image, which has held for over 350 days and earned over $30 million in profit.
The trader lost $276,000 on 7 investments outside of PEPE last year. But on Pepe, they turned $3.15 million into over $30 million in profit, sold $1.5 million, and sent $800,000 to another address. The address still holds 3.9T $PEPE ($30 million), with an ROI of 9.8 times.
$PEPE is already 'old', should we still pay attention?
After surveying 31 profitable traders among the top 200 $PEPE holders active in the last 30 days, here is more information:
Top traders are still accumulating. 10 addresses (32%) have added more $PEPE to their assets.
21% of the addresses in the top 200 (9 traders) have never sold.
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