Latest shifts in the market have highlighted stark divergences in the fates of two interconnected yet discernibly separate components in the realm of cryptocurrency. The pronounced downturn experienced by $PEPE cannot be understated, triggering consequential waves of apprehension and conjecture throughout the cryptocurrency socials.
This decline precipitated a rapid relocation of substantial sums from the project team's wallet to diverse exchanges, resulting in a precipitous 14% overnight reduction in the token's valuation. While many interpreted this occurrence as a substantial impediment to the domain of meme coin, it, in turn, paved the way for the astronomical ascent of $PEPE.
$PEPE being replaced by... $PEPE?
After the delisting of the old $PEPE from social,
a new, decentralized and community driven version of the original $PEPE (that has been plagued with recent controversy) has emerged to bring light, transparency and hype to the DeFi space.
Boasting an impressive 100m in turnover in just a few days.. could this new group driven project become to new sheriff in town?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Emergence of $PEPE the Setback of $PEPE
Latest shifts in the market have highlighted stark divergences in the fates of two interconnected yet discernibly separate components in the realm of cryptocurrency. The pronounced downturn experienced by $PEPE cannot be understated, triggering consequential waves of apprehension and conjecture throughout the cryptocurrency socials.
This decline precipitated a rapid relocation of substantial sums from the project team's wallet to diverse exchanges, resulting in a precipitous 14% overnight reduction in the token's valuation. While many interpreted this occurrence as a substantial impediment to the domain of meme coin, it, in turn, paved the way for the astronomical ascent of $PEPE.
$PEPE being replaced by... $PEPE?
After the delisting of the old $PEPE from social,
a new, decentralized and community driven version of the original $PEPE (that has been plagued with recent controversy) has emerged to bring light, transparency and hype to the DeFi space.
Boasting an impressive 100m in turnover in just a few days.. could this new group driven project become to new sheriff in town?