A trader holds this meme coin for a paper profit of $2.5M

TL; DR

• A trader turned a meme coin investment into a paper profit of $2.5M, holding through a 90% loss before the token's 2,100% increase in early 2025.
• Meme coins are very volatile and risky, with many losing value after peaks. Investors should be careful and do their due diligence before jumping on the bandwagon.

Final victory?

The world of cryptocurrency is full of examples of savvy traders making impressive profits by picking the right horse at the right time. This was the case with one trader who was over $1.15 million to buy 20.46 million PIPPIN tokens in November.

First, the investment did not go as expected, and at one point, the person was sitting on a paper loss of around 90%. Remember that the aforementioned meme coin was trading at over $0.07 when the trader jumped on the bandwagon but declined significantly several weeks later.

However, the individual succumbed to the pressure and did not sell the holdings. At the beginning of 2025, the price of PIPPEN started to climb again, and so on the moment of as of this writing, it is worth about $0.23 (per CoinGecko data). This representing a massive increase of 2,100% on a weekly basis.

Currently, the individual sitting at paper profit of over $2.5 million. Many X users commenting on the post suggested the “diamond hands” gesture. Others, however, doubted that the person would cash out, predicting a price crash for PIPPEN in the near future and a painful loss for the trader.

Do not forget about the dangers

Meme coins can be very volatile, allowing lucky traders to make huge profits in a short period of time. However, these enhanced price changes, combined with the fact that many of these tokens lack fundamental value in terms of utility or intrinsic value, make them dangerous to deal with.

There are a lot of memes that are they were moving and saw impressive price increases in recent months but stand now far away from their roofs. Examples include Popcat (POPCAT), Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), Just a Chill Guy (CHILLGUY), and many others.

Those about to enter the ecosystem should follow some key rules to avoid disastrous results, such as investing only what they are prepared to lose and doing proper research beforehand. You can also explore additional safety measures in our exclusive video: