According to PANews on February 8, according to Lookonchain monitoring, the institution Nascent sold the remaining 175 billion PEPE (US$1.5 million) 4 hours ago.

Between June 6 and July 15, 2024, Nascent purchased 608.85 billion PEPE for $7.73 million. On November 13, 2024, when PEPE skyrocketed, Nascent began to sell PEPE. However, he missed the best selling window and ultimately made only $348,000 in profit.