On May 21, 2024, the Lookonchain team discovered a long-term investor who was able to turn a few tens of dollars into several tens of millions. The anonymous investor used $83 to buy the PEPE meme coin, holding the tokens since 2023 and making a huge profit of $79 million due to the sharp increase in the digital currency's value. The astonishing trader's success sparked online discussions about who was truly behind the transactions. Some in the cryptocurrency community believe that a simple investor without insider information cannot earn this much, while others argue that it was just luck.
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On May 21, 2024, the Lookonchain team discovered a long-term investor who was able to turn a few tens of dollars into several tens of millions. The anonymous investor used $83 to buy the PEPE meme coin, holding the tokens since 2023 and making a huge profit of $79 million due to the sharp increase in the digital currency's value. The astonishing trader's success sparked online discussions about who was truly behind the transactions. Some in the cryptocurrency community believe that a simple investor without insider information cannot earn this much, while others argue that it was just luck.