- A savvy trader achieved a remarkable 1200% profit with Pepe Coin.
- The trader also earned substantial profits trading ONDO and BEAM.
In a significant development within the cryptocurrency market, a shrewd trader has harnessed the potential of meme-based investments to secure an impressive return on investment (ROI) of over 1200% in a year. This trader’s strategic maneuvers have not only amplified their portfolio through Pepe coin but also other notable cryptos, ONDO and BEAM, capturing the attention of the global crypto community.
Amid Pepe coin’s recent and notable price rally, which saw the frog-themed meme cryptocurrency reach multiple all-time highs (ATHs), the trader’s story has become a beacon of the lucrative possibilities within this volatile market. Here’s a deeper dive into their investment journey and the intricate price dynamics of these cryptocurrencies.
Smart Trader’s Profitable Portfolio: PEPE, ONDO, & BEAM
Insights from the on-chain tracking platform Lookonchain reveal that this astute trader escalated their investment from $23 million to a staggering $65 million, netting a $42 million profit within a year. Their diversified approach included trading PEPE, ONDO, and BEAM.
- PEPE Coin: The trader invested 2,434 ETH to acquire 3.97 trillion PEPE coins. Subsequently, they sold 125 billion PEPE for 350 ETH, translating to $1.27 million. Retaining 3.84 trillion PEPE, now worth approximately $56.43 million, the trader achieved an ROI of 1203%.
- ONDO Coin: With a purchase of 7.55 million ONDO coins at an average price of $0.26 each, totaling $1.9 million, the trader sold 2.56 million ONDO at an average price of $0.79, holding 4.99 million ONDO valued at $5.73 million. This maneuver yielded an ROI of 288%.
- BEAM Coin: The trader also acquired 139.47 million BEAM coins for $4.44 million at an average price of $0.019. Selling the entire holding at an average price of $0.032, the trader earned a profit with a 72% ROI.
PEPE, ONDO, & BEAM Price Movements
Currently, PEPE’s price has shown signs of a pullback, dipping 4.26% over the past 24 hours to $0.0000139. Despite this, PEPE’s recent surge to a new ATH underscores its potential amidst broader market sentiments.
BEAM’s price has also experienced a 3.69% decrease in the past day, now sitting at $0.02659. However, its yearly performance shows a significant 442.51% gain, drawing considerable interest from market participants.
Conversely, ONDO has surged 7.29% in the past 24 hours, reaching $1.07, making it one of the top gainers as per CoinMarketCap’s data.
As the crypto market continues to fluctuate, enthusiasts and investors alike are speculating on the future potential of these digital assets. The substantial gains achieved by this smart trader highlight the dynamic and often unpredictable nature of cryptocurrency investments, reinforcing the appeal and risk associated with this financial frontier.