Odaily Planet Daily News Chain data shows that the huge profit addresses of Meme Coin projects PEPE and LADYS (0xaf2358...ddf54534) have been blacklisted by the corresponding token contract deployers and cannot be sold for profit. The current total value of PEPE and LADYS held by this address is close to 8 million US dollars. Earlier on May 6, software engineer cygaar tweeted that he found a blacklist function in the PEPE contract that can prevent someone from receiving or sending tokens. The address starting with "0xAf23" has been blacklisted by the PEPE deployer, and the more than 2.5 trillion PEPE owned by the address are permanently locked. The current value of these tokens is about 8 million US dollars. The address purchased PEPE within a few hours after the Uniswap trading pair was launched, and was blacklisted by the PEPE deployer 8 minutes after the purchase. No other addresses have been blacklisted. The blacklist can never be modified because the ownership of the contract has been abandoned. The contract has a destruction function, but no further coinage capability. This means that the supply of PEPE can only be reduced from now on. Tokens held by blacklisted addresses can also be considered locked forever.