2 CRYPTO That Quickly Lost Their ‘HYPE’ in 2023
The axe swings both ways & today’s hero could go to zero tomorrow.
1. Pepe Coin( $PEPE )
Pepe created a strong FOMO atmosphere where investors believed they were missing generational wealth by not accumulating the token.The stories of its rise and holders turning into millionaires were plastered all over the news cycle for several weeks.After its fame in May,Pepe fell to the dust in August with little to no fanfare supporting its cause.
2. PulseChain ($PLS)
PulseChain was touted to be the next Hex that could replicate similar results and double in price at every turn.The token was launched in May amid pomp and splendor only to see it hit the ground in August.The SEC charged its founder Richard Heart with securities fraud and defrauding investors of millions of dollars.