Pepe

Pepe is a deflationary memecoin that operates on the Ethereum blockchain.

It was developed as a tribute to the Pepe the Frog internet meme, which gained popularity in the early 2000s. 

The project aims to leverage the popularity of meme coins and position itself as a notable meme-based digital asset.

Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin's anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token's multi-signature wallet before removing themselves from the project.

PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize

The 10 trillion remaining $PEPE under project control will be burned to ensure decentralization.

‘Bad Actors': Last PepeCoin Founder Claims PEPE Could Still Thrive

The cryptocurrency world is buzzing with recent allegations surrounding Pepecoin (CRYPTO: PEPE). The team behind this digital currency is now under the spotlight, accused of insider trading.

Pepecoin Team Faces Insider Trading Accusations Amid Token Theft Controversy

Bitcoin

Ethereum

While most leading cryptocurrencies spent the week recovering, shady transactions from PepeCoin's team kept the meme coin in free fall.

This Week in Coins: Bitcoin and Ethereum Recover While Pepe Gets Squeezed

Pepe said three former team members stole approximately 16 trillion Pepe tokens ($15 million) from the project's multisig wallet.

Pepe confirms former team members stole $15 million from multisig wallet

A significant amount of the Pepe (CRYPTO: PEPE) meme coin, valued in the millions, was observed entering crypto exchanges on Thursday. This sudden influx alarmed investors, leading to a decline in its price and raising concerns about unusual activities related to the project's multisig, one of the primary holders of this satirical cryptocurrency.

Crypto Analyst Decodes Pepe Coin's Sudden Freefall: Is The Bottom In?

A closely followed crypto strategist is issuing another dire warning about altcoins as one Dogecoin (DOGE) rival abruptly plummets. Pseudonymous analyst Credible Crypto tells his 346,000 followers on the social media platform X that Pepe collapsed against Bitcoin (BTC) in just days and other altcoins may soon see similar price action.

Trader Reiterates Warning on Altcoins As Dogecoin Rival Crashes Over 25% in Hours, Updates Outlook on Bitcoin

In the wake of the meme token's meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferred to exchanges. Moreover, alterations have been made to the team's multi-signature wallet.

PEPE Token's Rapid 17% Fall Sparks Concerns Over Multi-Sig Wallet Changes and Massive Fund Transfers

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the $26,000 level on Friday. Ethereum (CRYPTO: ETH), also recorded losses, but traded above the key $1,600 mark this morning.

Bitcoin, Ethereum Move Lower; Pepe Becomes Top Loser

The popular frog-based meme coin PEPE has plummeted as the team remains silent on several large token transfers to exchanges.

PEPE Plummets 17% as Team Transfers Million of Dollars to Exchanges

Pepe's price dropped 18% after over $15 million in the meme token moved to crypto exchanges on Thursday.

Pepe memecoin drops 18% amid large on-chain transfers, team's multisig changes

Millions of dollars worth of the PEPE meme coin flooded crypto exchanges Thursday, spooking investors who drove its price down and drawing attention to spooky action in the project's multisig, among the single-largest holders of the joke cryptocurrency.

Weird PEPE Transfers Spook Investors and Prompt 12% Plunge

A cryptocurrency analyst has shared a pessimistic outlook on Dogecoin (CRYPTO: DOGE) given the current market conditions. The analyst, known as Altcoin Sherpa, communicated to his subscribers on YouTube that he saw more potential in the memecoin Pepe (CRYPTO: PEPE) compared to Dogecoin.

Crypto Analyst Ranks Pepe Above Dogecoin, Reveals Key Price Predictions

Shiba Inu

Markets are down bad and meme coins—the riskier assets—are bearing the brunt. Last week's chaotic Shibarium launch also helped sink the price of SHIB.

Meme Coins PEPE, SHIB Plummet More Than 20% Over the Week

A widely followed crypto analyst believes that Dogecoin (DOGE) challenger Pepe (PEPE) is gearing up for a breakout surge. Analyst Michaël van de Poppe tells his 663,100 X followers that Pepe looks primed for a breakout amid the recent rise of fellow memecoins DOGE and Shiba Inu (SHIB).

Crypto Analyst Predicts Breakout Rally for Pepe, Says Memecoins Flashing Signs of Momentum

Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.

Bitcoin Slumbers as ETF Hopes Simmer; PEPE Leads Altcoin Gains

A pseudonymous analyst said there is potential for significant growth in the market cap of Pepe Coin (CRYPTO: PEPE). What Happened: Kaleo on Sunday said PEPE's current market cap stands at $525 million.

Analyst Predicts Potential Breakout For Pepe Coin With $1B+ Market Cap In Sight: 'Breakout Has Barely Started'

Popular meme coins PepeCoin and Shiba Inu have both enjoyed significant rallies over the past seven days, each rising more than 15%.

Meme Coins PEPE and SHIB Rally Double Digits on the Week

Dogecoin

A widely followed crypto analyst believes that Dogecoin (DOGE) competitor Pepe (PEPE) is gearing up for a steep burst to the upside. Pseudonymous analyst Kaleo tells his 594,500 X followers that PEPE is likely setting up for a parabolic rally to a level last seen in May of this year.

Crypto Analyst Predicts Parabolic Run for Memecoin Pepe (PEPE), Updates Outlook on Dogecoin (DOGE)

Fantom

Polygon

A widely followed crypto analyst says that one memecoin will likely outperform dog-themed rivals Dogecoin (DOGE) and Shiba Inu (SHIB). Pseudonymous trader Altcoin Sherpa tells his 196,400 X followers that Pepe (PEPE) bounced off a critical support level at $0.00000122 and likely has more room to run.

Analyst Predicts One Memecoin Will Outperform Dogecoin and Shiba Inu, Updates Outlook on Polygon and Fantom

After SHIB and PEPE, the wider crypto market enjoyed a hefty boost after the Fed issued new clarifications about reigning in the industry.

SHIB, PEPE Lead Market Gains as US Fed Launches Crypto Supervision Program

Pepe Coin (CRYPTO: PEPE) has seen an 8% increase in the last 24 hours, outperforming popular meme-based cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: Data from Coinmarketcap shows that Pepe Coin's daily trading volume has skyrocketed by over 140% during this period.

PEPE Coin Spikes 8% — Can $1 PEPE Make You A Meme Coin Millionaire Today?

Pepe Coin (CRYPTO: PEPE) is up 6%, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in the last 24 hours. What Happened: At the time of writing, PEPE was trading at $0.000001288, which means owning $1.29 can make someone a PEPE millionaire, with $1 worth of PEPE equivalent to 775,795.19 Dogecoin and Shiba Inu were up 1.18% and 1.64% respectively in the past 24 hours.

Pepe Coin Jumps 6%, Leaves Dogecoin, Shiba Inu Trailing In The Dust — Can $1 Make You A PEPE Millionaire Today?

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading above the $29,200 level on Friday. Ethereum (CRYPTO: ETH) also edged lower, trading below the key $1,900 mark this morning.

Bitcoin Falls; Synthetix, Pepe Among Top Losers

Pepe Coin (CRYPTO: PEPE), a meme-inspired cryptocurrency, outperformed other popular meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in the last 24 hours, in terms of market capitalization. What Happened: At the time of reporting, PEPE is valued at $0.00000135, which means owning $1.35 can make someone a PEPE millionaire, with 1 PEPE equivalent to 740,740.74.

News for Pepe Crypto (PEPE)