The Guy Who Converted His 500 ETH into PEPE

By bitbucket | Cloud-Labs | 28 Jul 2023

Converting valuable ETH into PEPE. Is it fair? Not to me at least. But someone did it and with the massive meme-coin hype going around in the crypto world, it might or might not be fruitful. Ethereum is a lot valuable itself and I stay quite amazed when these memecoins get more hype than the real-world crypto projects with actual purpose. To me you ask, Ethereum could have the chance to surpass even Bitcoin, after Bitcoin gets introduced to its fourth halving cycle later in 2024.

The Ethereum whale seems to have deposited 500 ETH into Binance, and then, he withdrew 677B PEPE (worth $1 million). It’s just crazy number to hold memecoins for an individual. His average buying price was $0.000001385.

You can look for the transaction on EtherScan: https://etherscan.io/address/0x7c08a5665888c6a42ded4d14c6c3c4361f1847ee

Cryptocurrency Blockchain Ethereum (ETH) Crypto News Pepe (PEPE)

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bitbucket

I'm a student and enthusiastic blogger who has a passion for technology and cryptocurrency. Overall, I'm just a curious and passionate individual who loves to explore new ideas and also share my thoughts with others.

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