Pepecoin, a meme coin launched in April, has a $1B+ market cap despite concerns about concentrated ownership; Arkham: a trader turned $263 into $3.8M in profits (Krisztian Sandor/CoinDesk)

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Krisztian Sandor / CoinDesk:
Pepecoin, a meme coin launched in April, has a $1B+ market cap despite concerns about concentrated ownership; Arkham: a trader turned $263 into $3.8M in profits  —  A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million …

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