The post Crypto Trader Makes Nearly 500,000% Profit appeared on BitcoinEthereumNews.com. Altcoins When Pepe (PEPE) exploded onto the scene in 2023, few could have predicted just how quickly it would mint millionaires. By the end of 2024, the meme-inspired token had surged to an eye-watering $0.00002803, briefly turning internet jokes into serious money. One wallet in particular has become legend among traders. Using the alias dimethyltryptamine.eth, an investor spent the equivalent of just $215 in Ethereum to scoop up nearly 6 trillion PEPE coins. Months later, when the market frenzy peaked, part of that stack was sold for more than $1 million – proof that in crypto, timing can be everything. Another trader followed a similar path, but on a slightly larger scale. With around $2,100 worth of ETH, this buyer secured over 5 trillion tokens. At the right moment, they sold a portion of their holdings for nearly $1.8 million, underscoring how life-changing the meme coin rush could be for those who got in early. But stories of instant wealth mask the harsh reality for most investors. After the euphoric highs, both Pepe and Shiba Inu (SHIB) have suffered steep corrections. SHIB trades more than 80% below its record price, and PEPE has shed roughly two-thirds of its value since December’s peak. The lesson is clear: while meme coins can generate staggering returns, they’re volatile, unpredictable, and often short-lived. Hitting the jackpot with just a few hundred dollars isn’t impossible – but the window of opportunity usually closes as quickly as it opens. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always… The post Crypto Trader Makes Nearly 500,000% Profit appeared on BitcoinEthereumNews.com. Altcoins When Pepe (PEPE) exploded onto the scene in 2023, few could have predicted just how quickly it would mint millionaires. By the end of 2024, the meme-inspired token had surged to an eye-watering $0.00002803, briefly turning internet jokes into serious money. One wallet in particular has become legend among traders. Using the alias dimethyltryptamine.eth, an investor spent the equivalent of just $215 in Ethereum to scoop up nearly 6 trillion PEPE coins. Months later, when the market frenzy peaked, part of that stack was sold for more than $1 million – proof that in crypto, timing can be everything. Another trader followed a similar path, but on a slightly larger scale. With around $2,100 worth of ETH, this buyer secured over 5 trillion tokens. At the right moment, they sold a portion of their holdings for nearly $1.8 million, underscoring how life-changing the meme coin rush could be for those who got in early. But stories of instant wealth mask the harsh reality for most investors. After the euphoric highs, both Pepe and Shiba Inu (SHIB) have suffered steep corrections. SHIB trades more than 80% below its record price, and PEPE has shed roughly two-thirds of its value since December’s peak. The lesson is clear: while meme coins can generate staggering returns, they’re volatile, unpredictable, and often short-lived. Hitting the jackpot with just a few hundred dollars isn’t impossible – but the window of opportunity usually closes as quickly as it opens. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always…

Crypto Trader Makes Nearly 500,000% Profit

Altcoins

When Pepe (PEPE) exploded onto the scene in 2023, few could have predicted just how quickly it would mint millionaires.

By the end of 2024, the meme-inspired token had surged to an eye-watering $0.00002803, briefly turning internet jokes into serious money.

One wallet in particular has become legend among traders. Using the alias dimethyltryptamine.eth, an investor spent the equivalent of just $215 in Ethereum to scoop up nearly 6 trillion PEPE coins. Months later, when the market frenzy peaked, part of that stack was sold for more than $1 million – proof that in crypto, timing can be everything.

Another trader followed a similar path, but on a slightly larger scale. With around $2,100 worth of ETH, this buyer secured over 5 trillion tokens. At the right moment, they sold a portion of their holdings for nearly $1.8 million, underscoring how life-changing the meme coin rush could be for those who got in early.

But stories of instant wealth mask the harsh reality for most investors. After the euphoric highs, both Pepe and Shiba Inu (SHIB) have suffered steep corrections. SHIB trades more than 80% below its record price, and PEPE has shed roughly two-thirds of its value since December’s peak.

The lesson is clear: while meme coins can generate staggering returns, they’re volatile, unpredictable, and often short-lived. Hitting the jackpot with just a few hundred dollars isn’t impossible – but the window of opportunity usually closes as quickly as it opens.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.



Next article

Source: https://coindoo.com/crypto-trader-makes-nearly-500000-profit-here-is-how/

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
Coincentral2025/09/18 01:09
The Japanese House of Representatives has been formally dissolved.

The Japanese House of Representatives has been formally dissolved.

PANews reported on January 23 that, according to CCTV, the Japanese Diet opened and the House of Representatives held a plenary session. Speaker Fukushiro Nukaga
Share
PANews2026/01/23 12:08