Nascent’s $PEPE Journey: From Big Buys to Missed Opportunities and Modest Profits
The universe of cryptocurrency is filled with narratives of monumental profits, yet it’s also cluttered with missed chances and learned lessons.
One prominent story concerns a well-known investor dubbed Nascent, who stirred the crypto scene with his enormous trades in the fashionable memecoin $PEPE.
Even after sinking a crazy amount of cash into it and holding it for several months, Nascent’s voyage with $PEPE ended in a profit far smaller than one would expect, given how much he seems to have pumped into the “asset.” Here is a breakdown of the moves (or nonmoves) that made Nascent’s $PEPE position such a poor performer, relative to the plants he’d presumably waterhad he done so.
A Strong Start: Nascent’s Big $PEPE Purchases
Between June 6 and July 15, 2024, the cryptocurrency market saw an aggressive play from Nascent, which took a staggering 608.85 billion $PEPE tokens for a total of $7.73 million. At that time, $PEPE was a rising star in the world of memecoins; its viral nature and its association with political-themed tokens gave it serious momentum. Nascent’s decision to buy up so much $PEPE suggested that it saw something in the token’s future that made it believe a large accumulation was warranted.
At first glance, this seemed to be a smart move, as $PEPE started to build some momentum. For investors like Nascent, this was a thrilling time in the crypto market, with opportunity after opportunity seemingly presenting itself every day, and many of us predicting the token’s value was on an upward trajectory. By buying such a large quantity of $PEPE, Nascent appeared to be setting himself up for some sort of big pay-off if the token did what many of us thought it was going to do.
Nascent sold the remaining 175B $PEPE($1.5M) 4 hours ago.
Between June 6 and July 15, 2024, #Nascent purchased 608.85B $PEPE for $7.73M.
On Nov 13, 2024, when $PEPE skyrocketed, #Nascent began selling $PEPE.
However, he missed the optimal selling window, resulting in a profit… pic.twitter.com/Bh3OpW9rRK
— Lookonchain (@lookonchain) February 8, 2025
The November Surge: $PEPE Skyrockets, But Nascent Misses the Optimal Window
When, on November 13, 2024, $PEPE shot up in value, Nascent seemed to be winning the gamble he’d taken with what was, effectively, a short time preference. This was the exact kind of “pump” needed to let investors “dump” and realize profits. Yet, even with his good luck, Nascent found himself unable to capitalize on the pump and the time window allotted to him just for being in the right place at the right time.
Instead of cashing out during $PEPE’s peak price, Nascent started to take profit after the token was already moving upward. This meant that Nascent was not riding $PEPE to its absolute peak. While $PEPE was moving up, Nascent was also moving up, but was he really capitalizing on all of the gains that he could have and should have been making? I mean, from all accounts, $PEPE was an up-and-coming token, and although it took a little while to get there, its price was set to explode. Why not just sell?
Several market-timing investors and traders in crypto could take a lesson from Nascent. The possibility that traders might wind up on the wrong side of a seemingly simple decision could serve as a reminder of just how unpredictable and volatile the digital currency world is. In the case of $PEPE, if Nascent had sold the asset at the highest price, he could have profited to a much greater degree than he did when he finally chose to cash out.
Nascent Sells His Remaining Holdings, but the Profit is Modest
Just four hours ago, Nascent sold his remaining 175 billion $PEPE tokens for a total of $1.5 million. Although he held the tokens for several months and saw them go through significant gyrations in the market, his final sale of the tokens yielded him a profit of only $348,000. In the crypto world, any profit is a win, I suppose. But this outcome is a far cry from the massive windfall imagined by Nascent when he first made his large purchase of $PEPE back in the summer of 2024.
To provide a context for comparison, Nascent invested an initial capital of $7.73 million, and upon liquidation of the asset, received a mere $1.5 million. This figure, however, does not take into account other potential costs associated with the sale, nor does it truly reflect what could have been earned had Nascent divested the asset at its zenith instead of at its nadir. This was, of course, a time of tremendous downward pressure on the market in general, with memecoins like $PEPE taking particular hits. Whether viewing this as a case study in poor decision-making on the part of the asset manager or not, the episode serves as an even more potent reminder of the importance of timing the market to realize maximum profit when dealing in high-volatility assets.
The investment story of $PEPE at Nascent serves as a warning and a lesson for investors in cryptocurrency. Although Nascent’s first purchase of $PEPE appeared well-timed and strategically sound, the decision to hold, rather than to sell at peak, lights up one of the toughest trading conundrums in the crypto space—timing.
The markets for cryptocurrencies, especially those for memecoins like $PEPE, are extremely volatile and unpredictable. Even the most seasoned investors can get swept up in the excitement and watch prices go up and down in what seems like no time at all. Occurrences like this remind us that while making large purchases and holding onto assets for the long term can yield great returns, knowing how to time the market and take profits at the right moment can be equally, if not more, important.
Ultimately, Nascent may have reaped a reward, but it was orders of magnitude smaller than it might have been. For any investor aspiring to follow in Nascent’s tracks, the lesson here is unmistakable: investing equilibrium virtues aside; the market must be treated as a living organism that needs to be read in real-time if one seeks to play the profit-taking game to any appreciable degree.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.
