Faking a crypto project is common. Especially when such a project turns into a meme coin. PEPE ‘s success has generally attracted the attention of a number of new imitators. One of them is PEPE 2.0.
meme coin, posted 16% growth to fix its price at $0.000000125 at the time of this writing. However, it is leading the altcoin momentum today.
The growth of PEPE 2.0 is currently crypto- This is an unprecedented situation considering the bearish price performances dominate the ecosystem. Ripple allows for spikes like PEPE 2.0 has just pressed. However, what is not related is meme coin is the current location of the community.
Although still relatively new, PEPE 2.0 has seen its Twitter account banned for reasons that must have violated Twitter’s ethics. The 34% jump observed in meme coin’s trading volume may have been triggered by non-organic factors. These inconsistencies in PEPE 2.0’s performance metrics warrant caution among investors who support breast money.
Meme coin remains one of the most sensational crypto projects ever launched this year.
While each of these alternative altcoins has its own ideology and agenda, it is too early to tell if they are real projects. The Shiba Inu has also registered a number of new variants that turned out to be legitimate projects. While skepticism abounds for PEPE, new competitors will need to do more to convince investors of their legitimacy and purpose in today’s Web3.0 world.