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An anonymous trader spent $477,000 due to investments in the Pepe (PEPE) token. FOMO was the cause of a greater loss.
Over the past year, the price of PEPE has increased by 1400%, and its recent capitalization has increased by more than 16 times. According to Spotonchain, on December 10, an anonymous trader spent 4.75 WBTC and 150,000 USDC (about $1.59 million in total) to purchase 60.782 billion PEPE tokens. At that time, this memcoin reached an histopic maximum, and the index of stress and greed was at the level of 78.
On the other how, after Pepe had a price of more than 10% on Dece on 19 December, the trader took up and sold all his assets, fixing a loss 🫢🫢 2 replies
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