PEPE CRASHES. THE FIRST SIGNALS TO CRASH OR THERE IS HOPE?

Over the past 24 hours, the rate of the popular meme token PEPE, named after the frog of the same name, fell by 15%.

However, this did not prevent the owner of significant volumes of the token from buying another 640 billion PEPE. According to the Lookonchain platform, the “whale” PEPE has been building up its position for a long time.

He has now bought 640 billion tokens for 320 ETH ($529,000). The average purchase price was $0.000001163. In early May, 164 billion PEPE was transferred to the address in the amount of 253 ETH ($481,000).

Note that the PEPE developers have changed the algorithm for the operation of multi-signature wallets. If previously 5 correct signatures out of 8 were needed, then recently the number of correct signatures was reduced to 2.

The community reacted to this with suspicion - such a step could indicate preparation for the “rug-pull” scheme, when developers drop the token rate to zero and leave with users’ money.

Be extremely careful with such coins.

It is better to consistently receive profitable trades and earn from it. Where? in the telegram channel: Moonxcrypto. This post is sponsored by him.