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 PEPE price to zero Rug pull allegations put memecoin at risk

PEPE price to zero Rug pull allegations put memecoin at risk


Published: 2023-08-29


1. Memecoin Risks and the Pepe Price Zero Rug Pull The main focus of the article revolves around the risks associated with memecoins and the specific case of the Pepe price zero rug pull. Memecoins,such as Pepe,have gained popularity in the world of cryptocurrency due to their quirky nature and viral memes. However,the article highlights the inherent risks involved in investing in these volatile assets. The Pepe price zero rug pull refers to the sudden crash in the value of the Pepe memecoin,leaving investors with significant losses. This incident serves as a cautionary tale for those considering investing in memecoins,emphasizing the need for thorough research and careful decision-making.

2. The Dangers of Rug Pulls in the Cryptocurrency Market Another important theme in the article is the concept of rug pulls within the cryptocurrency market. A rug pull occurs when the developers or creators of a cryptocurrency project abruptly exit the market,taking with them the invested funds of unsuspecting investors. This fraudulent practice not only leads to financial losses but also undermines trust in the crypto industry as a whole. The Pepe price zero rug pull is presented as an example of how rug pulls can devastate investors and highlights the need for proper due diligence and examination of the project team before investing.

3. The Impact of Social Media and Memes on Cryptocurrency Investments The article also touches upon the role of social media and memes in shaping the investment decisions made by individuals. Memecoins like Pepe often gain popularity through viral memes,drawing the attention of a widespread online community. This phenomenon can lead to significant fluctuations in the prices of these memecoins. The article underscores the importance of being cautious and informed when making investment decisions based on social media trends and memetic influences. It warns against blind speculation and emphasizes the need to consider broader market fundamentals and long-term viability. Overall,the article focuses on the risks associated with memecoins and highlights the specific case of the Pepe price zero rug pull as a cautionary tale. It delves into the dangers of rug pulls in the crypto market and emphasizes the impact of social media and memes on cryptocurrency investments.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,081.00 2,609,181,180.20
2 BTC title=BTC 62,746.01 1,592,364,450.25
3 ETH title=ETH 3,027.20 870,533,591.00
4 SOL title=SOL 147.80 647,241,598.76
5 ENA title=ENA 0.91 282,820,714.45
6 PEPE title=PEPE <0.01 239,647,578.83
7 WIF title=WIF 2.95 221,051,124.01
8 XRP title=XRP 0.52 199,330,888.15
9 DOGE title=DOGE 0.15 192,167,769.62
10 RNDR title=RNDR 10.20 173,836,824.20
11 WLD title=WLD 5.87 143,125,626.07
12 BOME title=BOME 0.01 115,476,969.53
13 NEAR title=NEAR 7.20 104,943,979.32
14 RUNE title=RUNE 5.46 97,513,179.03
15 AVAX title=AVAX 34.93 68,123,630.45
16 JTO title=JTO 3.81 59,773,564.20
17 BONK title=BONK <0.01 53,174,828.64
18 SUI title=SUI 1.06 51,363,473.22
19 ARKM title=ARKM 2.46 50,629,669.04
20 TRX title=TRX 0.12 48,082,312.19
21 ETHFI title=ETHFI 3.76 47,184,706.01
22 AR title=AR 38.24 42,192,129.71
23 FLOKI title=FLOKI <0.01 39,844,734.52
24 ORDI title=ORDI 37.81 39,503,145.17
25 LTC title=LTC 80.25 38,191,472.38
26 BCH title=BCH 465.60 37,345,383.05
27 FIL title=FIL 5.78 36,467,561.52

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Voyager title=VGX 0.10 +11.23
2 Ethernity Chain title=ERN 5.32 +9.56
3 NULS title=NULS 0.69 +8.90
4 TerraClassicUSD title=USTC 0.02 +8.43
5 Convex Finance title=CVX 2.54 +8.22
6 Acent title=ACE 5.45 +7.84
7 FarmBot title=FARM 76.02 +6.29
8 Metal DAO title=MTL 1.73 +4.97
9 Theta Fuel title=TFUEL 0.11 +4.95
10 Lido DAO title=LDO 2.00 +4.54
11 Rocket Pool title=RPL 21.22 +4.53
12 Ethena title=ENA 0.91 +4.50
13 Terra title=LUNA 0.63 +4.45
14 TrueFi title=TRU 0.12 +3.91
15 IDEX title=IDEX 0.07 +3.53
16 Shentu title=CTK 0.68 +2.72
17 iExec RLC title=RLC 3.11 +2.44
18 TRON title=TRX 0.12 +2.34
19 Acala title=ACA 0.12 +2.13
20 Balancer title=BAL 3.53 +2.05
21 Chiliz title=CHZ 0.13 +2.02
22 Terra Luna Classic title=LUNC <0.01 +2.02
23 THORChain title=RUNE 5.46 +1.81
24 Ethereum Classic title=ETC 27.51 +1.78
25 Sushi title=SUSHI 1.02 +1.39
26 SafePal title=SFP 0.79 +1.29
27 Jito title=JTO 3.81 +1.12
28 Sun Token title=SUN 0.01 +1.11
29 W 0.64 +1.11
30 Manchester City Fan Token title=CITY 3.02 +1.10

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Paris Saint-Germain Fan Token title=PSG 4.42 -12.89
2 dogwifhat title=WIF 2.95 -8.80
3 BOOK OF MEME title=BOME 0.01 -8.39
4 FC Porto title=PORTO 2.39 -8.20
5 Powerledger title=POWR 0.32 -8.09
6 Viction title=VIC 0.55 -7.83
7 Aevo title=AEVO 1.31 -7.15
8 Saga title=SAGA 2.92 -6.29
9 CyberConnect title=CYBER 8.03 -6.10
10 Pixels title=PIXEL 0.38 -6.00
11 League of Kingdoms title=LOKA 0.26 -5.93
12 Arweave title=AR 38.24 -5.81
13 PowerPool Concentrated Voting Power title=CVP 0.37 -5.77
14 Golem title=GLM 0.56 -5.75
15 Pyth Network title=PYTH 0.50 -5.63
16 Phala title=PHA 0.19 -5.58
17 Synapse title=SYN 0.84 -5.38
18 Tensor title=TNSR 0.79 -5.26
19 Nano title=XNO 1.20 -5.23
20 JasmyCoin title=JASMY 0.02 -5.21
21 Raydium title=RAY 1.65 -5.13
22 Illuvium title=ILV 89.64 -5.05
23 Avalanche title=AVAX 34.93 -5.00
24 Oasis Network title=ROSE 0.09 -4.94
25 Arkham title=ARKM 2.46 -4.92
26 Omni Network title=OMNI 17.20 -4.87
27 JOE title=JOE 0.48 -4.76
28 Enzyme title=MLN 21.76 -4.65
29 Massive Protocol title=MAV 0.37 -4.63
30 Solana title=SOL 147.80 -4.60

Bitcoin's Greed and Fear Index.

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64
Greed

Global CryptoCurrency News

?
(See more news ...)
at news date
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2 Ex Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act 2024-05-08
3 Grayscale withdraws its Ethereum Futures ETF application 2024-05-08
4 FTX plans full pay back of all creditors plus billions in compensation 2024-05-08
5 SECs Gary Gensler is getting irked being asked about crypto 2024-05-08
6 2 key Bitcoin indicators have cooled off Why it could be bullish 2024-05-08
7 LocalMonero exchange shuts down as crypto privacy services dwindle 2024-05-08
8 Australian Tax Office seeks data from 12M crypto exchange users Report 2024-05-07
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11 Hong Kong central bank forms community to explore asset tokenization 2024-05-07
12 Bitcoin exchange inflows drop to 10 year lows after 74K all time highs 2024-05-07
13 QANplatform launches worlds first quantum resistant EVM compatible testnet 2024-05-07
14 Buy altcoins now but sell before mid 2025 Charles Edwards X Hall of Flame 2024-05-07
15 EU crypto regulations undermined by lack of enforcement say observers 2024-05-07
16 Crypto is top of mind for voters in US swing states Harris Poll 2024-05-07
17 Ethereum L2 EigenLayer is last of life changing airdrops experts say 2024-05-07
18 Crypto firms to see more enforcement actions within 2 years CFTC chair 2024-05-07
19 Central banks must revise business model embrace CBDCs ECB member 2024-05-07
20 Memecoins sell off as Bitcoin price takes the spotlight Is meme season over 2024-05-07
21 Bitcoin miner Marathon Digital to join SampP SmallCap 600 shares jump 18 2024-05-07
22 SEC punts Galaxy spot Ethereum ETF decision to July 2024-05-07
23 Bitcoin as strong as ever with record high 200 day moving average 2024-05-07
24 Tom Brady grilled on FTX ties in Netflix roast He fucked those people 2024-05-07
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26 FTX addresses transferred 83M one day before amended proposal deadline 2024-05-06
27 Turkish crypto bill 5 things to know before its introduced 2024-05-06
28 Nasdaq listed Tiger Brokers rolls out online crypto trading to Hong Kong 2024-05-06
29 Robinhood crypto business slapped with SEC Wells notice 2024-05-06
30 First Bitcoin backed synthetic dollar to launch with 25 yield 2024-05-06
31 Mango Markets DAO buyback plan leads to accusations of self dealing 2024-05-06
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42 Sui Network addresses claims about its token supply 2024-05-05
43 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
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47 More than half of the Fortune 100 uses Apples Vision Pro headset 2024-05-05
48 Bitcoin will 039propel the next leg up039 if key trading pattern confirms Traders 2024-05-05
49 Grayscales GBTC stops bleeding First net inflows since launch 2024-05-04
50 LayerZero tackles sybil activity with self reporting mechanism 2024-05-04

US news that has a significant impact on the market

at news day date time
1 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
2 Crude Oil Inventories Wednesday 08-05-2024 15:30
3 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
4 10-y Bond Auction Wednesday 08-05-2024 18:01
5 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
6 Unemployment Claims Thursday 09-05-2024 13:30
7 Mortgage Delinquencies Thursday 09-05-2024 15:00
8 Natural Gas Storage Thursday 09-05-2024 15:30
9 30-y Bond Auction Thursday 09-05-2024 18:01
10 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
11 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
12 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
13 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
14 FOMC Member Barr Speaks Friday 10-05-2024 18:30
15 Federal Budget Balance Friday 10-05-2024 19:00

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