According to Wu, it was found that a large number of early buyers held Milady NFT after looking at the holding addresses of many PEPE tokens. The initial ETH transaction for one multisig wallet, which holds a significant stake in Milady’s sister project Remilio, controls 6.9% of the whole PEPE supply.
What’s Driving PEPE Token’s Success?
Wu shared this data on its Twitter account.
The NFT community and Chinese investors in Dubai teamed up to buy PEPE during the company’s early development stages, ultimately becoming the main power source for its early success.
The Relationship Between Dimethyltryptamine.eth and PEPE Token
Dimethyltryptamine.eth owns a sizable portion of Milady and the earlier mentioned project, Remilio, having bought 0.125 ETH worth of PEPE on the first day. Even if the account was able to withdraw more than 6 million dollars, it still contains more than 9.7 million dollars worth of PEPE tokens.
About 3 SmartMoneys
Lookonchain has learned that 3 SmartMoneys made millions of dollars by investing in PEPE at an early stage. These were their earnings:
- 0x778c made $1.18M on PEPE.
- 0x2af8 made $1.34M on PEPE.
- Cryptopolitan.eth made $695K on PEPE.
On April 17, 0x778c spent $9,815 to buy 396.7B PEPE. They made a profit of about $1.18M after selling 116.8B PEPE for $392K and now own 280B PEPE for $799K. Since April 19, 0x2af8 has spent $286K on buying 558.5B PEPE ($1.6M at the moment), creating a profit of almost $1.34M.
On April 19, Cryptopolitan.eth started buying PEPE and spent $103,000 on 340B PEPE. 181B PEPE ($356K) was transferred to Binance after they sold 56B PEPE for 64.4 ETH ($121K). Then they transferred $23K (7.5B PEPE) to 0x13df. They are currently holding 95.5B PEPE ($298K), making a profit of about $695K.
