How These Pepe Price Trades Made Crypto Investors Rich
We know that by now, if you don't know what happened with Pepe Coin (PEPE) a few months ago, you are likely just waking up from a coma or returning from a trip to Mars.
Everyone knows the coin pumped out of nowhere and made investors rich overnight.
Since then the meme coin market has been akin to the California gold rush as every investor is trying to find the next meme coin that could make them rich and every inventor is trying to supply them with the gold.
However, we just blow over the Pepe Coin pump without examining what happened.
This piece will look at three investors who made themselves millionaires by investing in PEPE. There are some valuable lessons we can take from the investments that we can apply to some of the best meme coins on the market today.
So let's take a look at how they did it.
How Three Millionaires Were Made in Just Two WeeksThe Pepe Coin (PEPE) craze is one that will be remembered for years to come. Although we all know what happened with the actual token, we rarely hear about those that profited most from it.
These stories should be examined more as they validate why we continue to invest in the crypto market, but also can give investors some helpful tips on how they can replicate the success.
The three investors were not the only ones to make a huge profit, but crypto analytics provider Lookonchain' had information on these three in particular. Two of them were obviously seasoned and successful investors as they both spent $2,100 and $4,822 of ETH, respectively, to purchase trillions on PEPE and partially cash out for $1.77 and $1.30 million.
The last investor can inspire hope in smaller investors as they only purchased PEPE using $251 worth of ETH and cashed out for $1.06 million, so clearly, they had the best timing and were one of the first investors on the Pepe Coin train.
So what we can glean from these investments is you don't have to have a massive wallet to become a huge success in the crypto game. Timing is more important. So, what coins on the market now could be the next PEPE if you invest at the right time?
The Pepe Coin (PEPE) craze is one that will be remembered for years to come. Although we all know what happened with the actual token, we rarely hear about those that profited most from it. These stories should be examined more as they validate why we continue to invest in the crypto market, but also it can give investors some helpful tips on how they can replicate the success.
Wall Street Memes - Potential To Be The Number One Meme CoinThe Wall Street Memes ($WSM) presale has been viral for quite some time now, and that has had an effect on its success. It is now closing in on $14 million raised as it closes in on the halfway point of its hard cap.
The hype has been there right from the start, with many experts even tipping it to be the number one meme coin one day.
Community is often highlighted as the key to a meme coin succeeding. This is the main reason Dogecoin (DOGE) and Shiba Inu (SHIB) have remained clear at the top of the meme coin ladder for so long.
They were the first meme coins to be introduced to the crypto market and were able to build up a huge community of followers that helped them pump and kept their market cap high. This is especially visible in their social media following.
No meme coin has been able to rival them however, there is speculation that $WSM has that potential. Wall Street Memes will be the first coin we can think of that arrives at the presale stage with a ready-built following.
The brand has well over 1 million followers across its social media following, including the jewel in the crown, its Twitter account which has over 250k followers.
The Twitter account is the main hub of crypto conversion on the platform and is followed by many influential crypto figures such as YouTuber Cameron Fous and NFT marketplace Magic Eden.
Founder and most followed account on Twitter, Elon Musk has even interacted with the account on multiple occasions and seems to be a fan of their work.
This gives this meme coin limitless potential, and thus it can be the next Pepe Coin. It is still too early to say for sure, but because of the built-in following there is a chance the coin could become an instant success.
>>>Visit Wall Street Memes Presale
Thug Life Token - The Meme Coin That Replicates PEPEAs we have been discussing, many of the meme coin projects that pop up now are hoping to replicate the success of Pepe Coin. However, the problem with this is the amount of scams popping up in a market that is already prone to them.
PEPE has no utility, so it makes it easy for dodgy tokens to sneak in with similar promises but no substance.
Thug Life Token (THUG), according to its website, is the antithesis of all these tokens and is thus the most similar token to Pepe Coin we have had since its launch. They say on their site that they just want to create a community built on humour and brotherhood however we think they should have included honesty too.
Because they make sure no one is under any allusions to what they are, and that is a coin that just exists to pump with no utility, just like PEPE. They also want to represent those investors that have been left holding the bag.
So whether it's a project disappearing with the funds they raised or an influencer telling followers to invest in a project so they can cash out, they have you covered.
To back this up they have promised that once the presale ends, the funds will be locked in to prevent any sort of rug pull.
The presale is nearly the halfway point but they are only looking to raise just over $2 million before going live so so the opportunity to get THUG at the best price like the third PEPE investor did won't be around for much longer.
>>>Visit Thug Life Token Presale
ConclusionSo to finish up we hope that actually revisiting Pepe Coin's success from the point of view of investors that made a huge profit was beneficial. The main lesson is timing and we have to admit a bit of luck, but you make your own luck too.
The two meme coins we have discussed above seem are going through some of the best presales we have ever seen and boast the features that could equal a similar pump to what PEPE saw.
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