Even while crypto commentators are declaring PepeCoin kaput, some of the meme coin’s most vocal proponents on Crypto Twitter are doubling down despite dour vibes after a 16 trillion PEPE liquidation that spooked investors days ago.
Jason Williams, a pro-Bitcoin influencer who’s emerged as one of PepeCoin’s most emphatic cheerleaders, reprised his dedication to the meme coin on Sunday.
“I’m a Pepe maxi,” he said on Twitter. “Pepe is fine and always will be.”
The amphibious phenomenon that tantalized degens this spring tumbled last Thursday after on-chain sleuths spotted $16 million worth of PepeCoin being sent to crypto exchanges from one of the project’s key wallets. Then—the worst-case scenario—the tokens were sold.
A pseudonymous PepeCoin founder later apologized and explained that a few team members had gone rogue. They added that 10 trillion PepeCoin remaining in the wallet—worth $8.7 million, as of this writing—is “in safe hands” and that the project can proceed with “clear roads ahead” after the leftover tokens are burned and removed from
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Author: André Beganski
Tip BTC Newswire with Cryptocurrency