Meme coin PEPE is taking the crypto world by storm as everyone talks about getting their hands on PEPE despite major risks. Keeping track of institutional and whale buying is an interesting way to invest early in these cryptocurrencies and minimize investment risks. Here are three smart money that invested in Shiba Inu (SHIB) and PEPE early and made profits worth millions in USD.
Shiba Inu (SHIB) and PEPE Whales To Follow
Lookonchain in a tweet on May 6 revealed three whales that made millions by investing in both Shiba Inu (SHIB) and PEPE before rallies.
0x778c made profits of $5.8 million on Shiba Inu (SHIB) and $1.20 million on PEPE. The whale started buying SHIB on February 2, 2021. He purchased 1.31 trillion SHIB in total with $13.5k and sold for $5.81 million.
0x778c started buying PEPE on April 17. The whale totally bought 396.7 billion PEPE for $9,815 and sold 116.8 billion PEPE for $392K. Currently, he has around 280 billion PEPE worth $800K in wallet.
0x2af8 made profits of $3.84 million on Shiba Inu (SHIB) by started buying SHIB on April 16, 2021. The whale purchased 558.5 billion PEPE with $286k since April 19 and made of profit of nearly $1.34 million.
Another whale, cryptopolitan.eth, started buying SHIB on February 1, 2021. He purchased 1.66 trillion SHIB with $1.6 million and sold for $4.05 million for a profit of $2.45 million.
cryptopolitan.eth started buying PEPE on April 19 and bought 340 billion PEPE with 49.5 ETH. He sold 56 billion PEPE for 64.4 ETH worth $121k, 181 billion PEPE worth $356K to Binance, and transferred 7.5 billion PEPE to 0x13df. Currently, the whale has 95.5B PEPE worth $298K left.
The community can follow similar whales to invest early and make profits worth million. However, it’s always better to do research before investing in any cryptocurrencies, especially meme coins.
Also Read: Top Crypto Exchange Follows Binance To List PEPE
SHIB and PEPE to Rally?
PEPE price is up 800% in a week and the price is currently trading at $0.00000292. The meme coin has entered the top 50 crypto list, supported by massive trading volumes of over 500%.
Meanwhile, SHIB price fell 1% in the last 24 hours, with the price currently trading at $0.0000097. The 24-hour low and high are $0.00000977 and $0.0000100, respectively. Furthermore, the trading volume has increased by 62% in the last 24 hours, indicating an interest among traders.
Also Read: Ethereum Foundation and Vitalik Buterin Move 15K ETH; Is An ETH Crash Ahead?
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/missed-pepe-and-shiba-inu-shib-track-these-whales-investing-early-in-projects/