Hello SPIers, today we look at PEPE. In recent days, we have seen the popular frog meme token hit new all-time highs so it's a good time to review our investment (before the price tasks again, lol).
PEPE (erc20)
I feel I dont need to give much information about PEPE because most of us will have heard of it and at the end of the day, its a meme token so there's not much to it. You buy it, hold your balls and hope for the best.
Because meme tokens are super high risk, SPI's investment was a small one and was more of a punt than anything. From time to time, I'll throw $100-500 at something on a whim for a punt. Most times it does not work out but sometimes it does and taking a gamble on PEPE worked for us. Let's look at our PEPE journey so far.
- Bought 383M on the 29th March 2023 for $130
- Sold 83M after 10 days and cashed out $180
- HODL'd the past 371 days
Today our PEPE is worth $3150 and because we've already pulled our investment money out, it's 100% profit. How much more can it go? I think it could 4-5x from todays price. Why? Last cycle, DOGE hit a peak marketcap of $60B and we'd expect this to be higher this cycle because DOGE's inflation is very small. For PEPE to 4-5x from today, it would need a market cap of $20-25B which I think is realistic for its peak.
We'll continue to HODL PEPE
Getting Rich Slowly from June 2019
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token | @spinvest | SPI |
| LBI token | @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners | @eddie-earner | EDS |
| EDS miners | @eddie-earner | EDSM |
| EDS mini miners | @eddie-earner | EDSMM |
| DAB | @dailydab | DAB |
| DBOND | @dailydab | DBOND |
Stay up to date with investments, and fund stats and find out more about SPinvest in our discord server
Have you already claimed your Wuffi for having BONK?
nope, brb
says the wallet is not eligible for the aridrop.
I seen on the way to claiming that 4 snapshots were taken, i guess we were not holding 🥲
Bummer, i got all excited there are a few minutes. lol
Thanks for sharing all the same 😘
after another look, we met all the conditions but our BONK is not locked. I guess this means staked
Like your $PEPE strategy. :) !BBH
@spinvest! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @pepetoken. (7/50)
PEPE seems to be doing pretty well, indeed! The one here on Hive isn't doing badly either! 😁🙏💚✨🤙