Despite the recent success of the well-known names of the crypto money world PEPE He believes Coin is a “scam”.
The meme coin, which was launched about a month ago, started to gain great popularity in a short time. In addition to the increase in price and transaction volume, PEPE, whose social volume has increased, continues to make headlines.
Is PEPE Coin Scam Purpose?
Koinfinans.com Chris Blec, a prominent cryptocurrency advocate and founder of DeFi Watch, claimed that Pepe did not come about by chance. Blec believes it’s a massive scam with the “big money, powerful people, and careful planning” phase.
Lawyer John Deaton, who shares similar views, gave similar answers by quoting Blec’s words. giving.
I’ve received a ton of emails and DMs about $pepe asking me what my thoughts are. Since you asked: https://t.co/hSCPR6PkKS
— John E Deaton (@JohnEDeaton1) May 14, 2023
NEWS CONTINUES BELOW
Yassin Mobarak, founder of Dizer Capital, also called PEPE a scam. mobarak, meme coinHe called it a trojan horse designed to blow up the crypto market even more, just like crypto exchange FTX.
$PEPE is a trojan horse meant to further blow up crypto, just like FTX was.
The playbook is clear by now.
1. Introduce a scam project
2. Pump it massively until it attracts the gullible masses
3. Then blow it up and blame everything on Crypto and how dangerous and full of… https://t.co/ly4usiUb3i
— Yassin Mobarak (@Dizer_YM) May 14, 2023
Digital Asset Investor took it a step further by posing the question of why the United States Securities and Exchange Commission is not investigating projects like Pepe.
You can follow the current price action here.
Source : The Crypto Basic