In March, Pepe managed to bring millionaires into the top 100 assets and the next 2 big projects after PEPE

Pepe prints millionaires

According to a report by Arkham Intelligence, over 50 addresses currently possess PEPE tokens worth more than $1 million.

The Pepe meme coin based on Ethereum (PEPE) has been making headlines in the cryptocurrency market with its tremendous gains over the past few weeks. The coin’s value has increased more than 1000%, reaching new all-time highs and placing it among the top 100 crypto assets by market cap, according to Coingecko.

This surge in value has turned a lot of investors into millionaires.

The following report was made by on-chain analyst Lookonchain, who revealed that three addresses made over $1 million from trading PEPE. One of the addresses (0xc32ad590d92db58931dcedd99e10d077530ccaa9) purchased 5.4 trillion PEPE tokens with 1 ETH ($2,100) and later sold 3.42 trillion PEPE tokens for 929 ETH on April 30, making a profit of $1.77 million.

This address still holds 2 trillion PEPE tokens worth $2.37 million. Another trader, dimethyltryptamine.eth, bought 5.9 trillion PEPE for 0.125 ETH ($215), sold 2 trillion for 560 ETH ($1.06 million), and still holds 3.9 trillion tokens worth $2.37 million.

The last address (0xb698888650bba2bbe44f11992241950e68b53145) spent 2.3 ETH ($4,822) on 4.22 trillion PEPE. After selling 3.22 trillion PEPE for 670 ETH ($1.3 million), the remaining holding is valued at $1.18 million.

More than 50 addresses currently hold over $1 million worth of the cryptocurrency PEPE.

Blockchain data analysis firm Arkham Intelligence recently shared a report on Twitter indicating that over 50 addresses have accumulated more than $1 million worth of PEPE tokens.

According to the report, the deployer wallet was one of the earliest buyers of the memecoin, spending $2 on 195 billion PEPE tokens. However, the wallet later sold these tokens for 22.94 ETH, or $42,200, only one week later, missing out on even greater profits if it had held onto them longer.

Additionally, some wallets also profited significantly from another meme token called WOJAK, which launched during the same period. Cryptoslate data shows that WOJAK reached an all-time high of $0.000451 after rising by 123.2% in the last 24 hours.

The next 2 big tokens to go parabolic after launch

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