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Pepe Coin, the meme-inspired cryptocurrency, has faced a recent setback as it failed to sustain support at $0.00000078, casting doubts on its short-term rally prospects. The sellers’ inability to follow through on their downward pressure hints at some wavering in their conviction. The crucial question now is whether the uncertainty
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The biggest new memecoin of 2023, Pepe (PEPE) suffered one of the worst possible fates that can befall a new crypto asset; a partial rug pull — after its anonymous developers abruptly sold nearly $16 million worth of the token on Aug. 24. The official Pepe X (formerly known as Twitter)
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Pepecoin (PEPE), once an extremely profitable memecoin, has plunged by more than 80% four months after its record high. Now, technicals suggest that the memcoin could be at risk of even bigger losses in the coming weeks or months.Pepecoin faces rug pull allegationsOn Aug. 24, several rogue Pepecoin developers changed
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“Since its inception, $PEPE has unfortunately been plagued by inner strife with a portion of the team being bad actors led by big egos and greed,” a developer who claimed to now be in control of the project said in a tweet. “There has often been conflict, and the majority
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Pepe Coin (PEPE) has thrust itself back into the spotlight, but this time conversations revolve around its recent underperformance — a substantial 19% decline over the past week. However, the meme token posted a slight gain
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The value of PEPE, one of the most promising assets in the second quarter of 2023, has been faltering in recent weeks.
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One of PEPE’s early adopters is officially out after making over $1.7 million in profit, translating to a 54,725x gain in less
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deflationary meme currency Pepe Coin is embroiled in a web of controversy surrounding a significant token theft and accusations of insider trading. As the Pepe Coin saga unfolds, an on-chain analyst known as Yazan alleges that individuals
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The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team members who went rogue. On Aug. 24, the price of PEPE plunged by roughly 15% amid fears of a potential rug-pull after the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Pepe Coin’s price plunged 20% in one week as substantial token transfers by the developer team to exchanges ignited fears of rug-pull, shaking investor confidence. Pepe Coin, once a celebrated deflationary meme coin, has found itself at
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