In an incredible twist of fate, an investor known as “SmartMoney” has managed to turn a modest investment into a staggering $1.05 million in just 10 days. As it did? The answer lies in the exciting world of cryptocurrencies and, more specifically, in a new and popular memecoin called PEPE 2.0.
Investor turns US$ 12K into more than 1 million in 10 days with PEPE 2.0
The road to fortune began on June 13 when SmartMoney received a unique opportunity by acquiring 13 billion units of a prominent memecoin called PEPE, valued at $12,000. Also, 0.06 ETH was provided to you as initial funds. Recognizing the hidden potential of this new memecoin, SmartMoney made a bold decision: to exchange all of its PEPE holdings for Bitcoin.
But it was on June 28 that the investor discovered the true potential of an exciting new memecoin: PEPE 2.0. In a strategic move, this investor redeemed his BTC for a staggering 6 billion units of PEPE 2.0. This was the starting point of his path to millionaire status.
1/ With the increase in PEPE2.0 price, someone has become a millionaire in 10 days!
— Lookonchain (@lookonchain) July 7, 2023
Let's see how this SmartMoney turned $12K into $1.05M.👇 pic.twitter.com/0Ytunn6jeT
With a sizeable reserve of PEPE 2.0 in their possession, SmartMoney moved on to the next stage of their venture. Aware of the huge growth potential, he strategically provided liquidity for this new memecoin, capitalizing on market movements. It acquired the additional amount of 1.9 billion PEPE 2.0 on both June 30 and July 2, further strengthening its positions.
However, the real turning point came with the recent increase in the price of PEPE 2.0, catapulting SmartMoney to millionaire status in just ten days. By investing $90,000 to acquire an impressive 7.9 billion units of PEPE 2.0, SmartMoney proved its savvy in the investment world.
Additionally, this savvy investor sold 5.2 billion units, generating windfall profits of approximately $614,000. With a remaining balance of 2.7 billion units of PEPE 2.0 valued at $533,000, total earnings from SmartMoney surpassed the staggering $1 million mark.
Remaining holdings of the new millionaire
The future of the “memecoin millionaire” is bright. Currently, its diverse portfolio is made up of 2.7 billion units of PEPE 2.0, valued at $533,000. In addition, it has taken advantage of the increase in the value of the memecoin to sell 2.3 billion units of PEPE 2.0 for 215 ETH, which is equivalent to approximately $398,000.
To maximize its investment, SmartMoney has made strategic decisions, diversifying its positions by exchanging assets for other notable memecoins such as $PEPE and $BOBO, among others.
In short, the path SmartMoney traveled, from an initial investment of $12,000 to an impressive profit of $1.05 million, is a testament to the extraordinary opportunities that the volatile yet exciting world of memecoin investing can offer. This achievement demonstrates that with a keen vision and a solid strategy, even seemingly modest investments can generate staggering returns in a short period of time.
