Tue, November 26

SHIB Investor Makes Whopping $2M: Lookonchain Data

SHIB Investor Makes Whopping $2M: Lookonchain Data News
  • Lookonchain reveals interesting info about SmartMoney, who is an early SHIB investor.
  • SmartMoney has scooped up a considerable amount of PEPE and WOJAK.
  • Lookonchain praises the user as a good meme coin buyer.

The meme coin realm is not new to cats and dogs. However, a new frog has jumped on the bandwagon, called Pepe Coin. Pepe Coin has been making its name heard in the cryptocurrency realm with its exceptional price performance.

Tailing just behind is the WOJAK coin. WOJAK and Pepe Coin have made some of their early investors hundreds and even millions. On-chain analyst Lookonchain has shared details of an early buyer of Shiba Inu. The interesting nature of this meme coin buyer is that he or she has also bought PEPE Coin and WOJAK.

Who is this meme coin SmartMoney?

According to the details shared by the on-chain analyst, the SmartMoney began buying Shiba Inu at a very low price on January 30, 2021. And look at the transaction details, which revealed that the user bought one 88.6 billion Shiba Inu for $96.5k and sold 95.3 billion SHIB for $1.18 million. The wallet holder currently has 92.3 billion Shiba Inu and has made over $2 million.

The recent popularity of Pepe Coin has also attracted this SmartMoney. The SmartMoney purchased 72.83B PEPE ($95,610 currently) with 19 ETH ($36,415) and 529M WOJAK ($329,315 currently) with 30.5 ETH ($61,170).

Lookonchain also praised SmartMoney as being really good at buying meme coins. WOJAK has spiked by 44% in the last 24 hours, and PEPE touched an all-time high today, touching $0.000001766.

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