- PEPE cryptocurrency faced a major price drop following a global memecoin market downturn.
- Investors made substantial profits as a large deposit of PEPE tokens into Binance resulted in a $4.95 million profit.
- A trader turned a $462 investment into $3.4 million through strategic token purchases and sales.
- The success of PEPE can be credited to factors like its ERC20 status, recent Ethereum ETF approval, and integration on Nexo.
- PEPE's price surged to an all-time high and experienced impressive growth over the past months.
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