Is Bitcoin overheated? Some believe the answer is hiding in PEPE
Some crypto market observers believe a rush into memecoin token PEPE could herald an impending Bitcoin dump, but not everyone is convinced.
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Some crypto market observers believe a rush into memecoin token PEPE could herald an impending Bitcoin dump, but not everyone is convinced.
Cointelegraph also spoke to developers purportedly behind a new PEPE token spin-off, who claim the new one is everything "the old Pepe token should have been."
The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning.