Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Pepe [PEPE] fell 8% to $0.000001055 lately within the last four days, after rising to as high as $0.00000136 last week. However, a minor drop shouldn’t be read as a slump.

Realistic or not, here’s PEPE’s market cap in BTC terms   

Remember that PEPE had suffered a major rug pull in late August. About 16 trillion PEPE tokens worth $15 million flooded crypto exchanges, like Binance [BNB], OKX, and Bybit.

The team blamed rogue players for the disaster.

an announcement to the $PEPE community:

Yesterday on August 24th, 2023, a series of unexpected transactions took place from the $PEPE multisig CEX
Wallet in which ~16 Trillion $PEPE tokens (worth roughly $15m USD) were transferred to various crypto exchanges (OKX, Binance,… pic.twitter.com/iZmXV1TAvw

— Pepe (@pepecoineth) August 26, 2023

Nonetheless, PEPE has become one of the most popular memecoins in recent months, simply because of how it has su

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Author: Suzuki Shillsalot

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