As an experienced analyst, I’ve closely monitored the crypto market for years, and the recent surge in Pepe coin (PEPE) has undeniably piqued my interest. The smart trader’s ability to capitalize on PEPE’s bull run and make substantial profits by trading this meme cryptocurrency, along with ONDO and BEAM, is quite impressive.
As a researcher studying the dynamic world of cryptocurrencies, I’ve come across an intriguing development: The Pepe coin, known for its frog-themed meme identity, has experienced a remarkable surge in value – what some call a bull run. Amidst this trend, I’ve noticed a savvy trader making substantial profits. This occurrence has sparked considerable interest within the global crypto community, highlighting the potential of meme-driven investments to deliver impressive returns for investors.
As a crypto investor, I’ve noticed an impressive surge in Pepe coin’s price action lately. The token has reached new all-time highs (ATHs) repeatedly over the past few days. Let me delve deeper into my trading strategy and examine how this price trend is impacting my investment in PEPE.
Smart Trader Makes Profit Off PEPE, ONDO, & BEAM
Based on the information provided by the on-chain monitoring tool Lookonchain, an astute investor has significantly expanded his financial holdings from $23 million to $65 million within a year’s timeframe. Remarkably, this growth in wealth can be attributed to profitable trades involving the cryptocurrencies PEPE, ONDO, and BEAM.
A savvy trader expended 2,434 Ethereum (ETH) to acquire a massive sum of 3.97 trillion PEPE tokens. Subsequently, they sold off 125 billion PEPE tokens, earning 350 ETH in return, equivalent to approximately $1.27 million. Currently, the trader retains ownership of 3.84 trillion PEPE tokens, valued at around $56.43 million. With this transaction history, the proficient trader boasts an impressive return on investment (ROI) of 1,203%.
Simultaneously, the trader acquired 7.55 million units of ONDO for a total value of $1.9 million at an average cost of $0.26 per unit. Subsequently, they disposed of 2.56 million ONDO units, with an average selling price of $0.79, maintaining a position of 4.99 million ONDO units valued at $5.73 million. This approach yielded a return on investment (ROI) of impressive 288%.
I analyzed the trade data and found that I purchased 139.47 million BEAM tokens for a total value of approximately $4.44 million, with an average buying price of $0.019 per token. Later, I sold these same tokens at an average selling price of $0.032, resulting in profits equal to 72% return on investment (ROI).
PEPE, ONDO, & BEAM Price Movements
While I’m writing this, PEPE‘s price has shown some weakness, decreasing by 4.26% in the last 24 hours to reach $0.0000139. It’s important to mention that PEPE achieved a new all-time high (ATH) just recently, going against the general market trends.
The price of BEAM decreased by 3.69% in the last 24 hours, currently sitting at $0.02659. Its annual chart displays impressive growth of 442.51%, making it a captivating choice for crypto investors.
In contrast, ONDO experienced a significant increase of 7.29% within the last 24 hours, raising its value to $1.07. According to information from Coinmarketcap, ONDO is currently listed among the most profitable tokens in the market.
Crypto market enthusiasts continue to speculate if these cryptos have room for further gains gains.
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2024-05-24 11:34