Why is PEPE Coin Falling? PEPE Alternative, Whale Interest in These Coins is High

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PEPE, an Ethereum-based meme coin, is going through tough times in the crypto market. PEPE, which has been under price pressure for a long time, experienced a 30 percent decrease in the last month and a 12 percent decrease in the last week.

This decline may reflect the natural volatility and speculative nature often associated with meme coins. It is also known that the general uncertainty in the market has an impact on meme coins. PEPE coin may also be negatively affected by market fluctuations. But there are some more problems with the project itself that could cause the decline.

In August 2023, PEPE witnessed an incident that would seriously damage its reputation. Founders withdrew their tokens from multi-signature wallets. Crypto followers noticed this situation. The tokens were worth approximately $16 million. After this, the third quarter of 2023 was not easy for PEPE. The community still remembers this debacle while the remaining team takes measures to fix the problem.

Last week, the PEPE team noticed a “strange transaction” in the distributor contract. They later said in a post that the transactions “and any future transactions” have nothing to do with the current Pepe team. He also explained that the transaction was carried out by former team members who had previously stolen from the PEPE treasury.

However, this post could not alleviate the community’s concerns. Many followers accused the PEPE team of abuse. He criticized their attempts to hide their identities and demanded that they reveal themselves publicly. Finally, a whale recently sold its PEPE holdings, according to blockchain analysis platform Spot On Chain. Whale made an 85.7 percent profit with $802,500 after the sale. Following this news, the price of PEPE experienced another sharp decline.

Amid market uncertainties surrounding the PEPE coin, Bitcoin Minetrix and eTukTuk presales have emerged as two projects that offer opportunities to investors. Purchasing Bitcoin Minetrix token and purchasing eTukTuk token are projects that are on the agenda of many investors with the advantages they offer.

Bitcoin Minetrix (BTCMTX) – Coin that Restarts Mining with Stake-to-Mine

Bitcoin Minetrix, a new cryptocurrency, is conquering the hearts of investors with lightning speed. This explains why the pre-sale of the project is so popular. Thanks to its unique protocol called “Stake-to-Mine” and well-developed tokenomics, the project even managed to attract the attention of many famous YouTubers.

As well-known YouTuber Joe Parys points out in his video, Bitcoin Minetrix offers a solution to one of cloud mining’s biggest problems. With most service providers, you cannot rely on transparency and you have to pay significant amounts in the form of subscriptions. However, thanks to blockchain technology, loans can always be tracked properly. Investors will be able to access the linked BTCMTX tokens whenever they want.

Parys also points out that in the highly centralized crypto mining industry, Bitcoin Minetrix could be a big step towards the decentralized idea ideal for cryptos.

The most important part of the Bitcoin Minetrix ecosystem is undoubtedly the private mining system. In this way, BTCMTX tokens can be used to obtain non-marketable ERC-20 credits that can be converted into cloud mining performance.

The project aims to mobilize investors who want to engage in mining. The team’s plans include creating its own mobile application. It clearly shows that most Bitcoin Minetrix token purchasers consider the project primarily as a long-term investment.

eTukTuk (TUK) – Green Project Aiming to Change the Transportation Industry

eTukTuk is the first green automotive project using the Binance blockchain. With its help, developing countries can get electric vehicles (EV) at a low price and thus help the population achieve a cleaner environment.

Purchasing eTukTuk tokens offers many investors an active role in solving environmental problems. The local crypto of the project has the BEP-20 protocol. With TUK token, profits can be made by staking at the beginning. Later, the income from the charging stations can also be shared.

The project will provide the opportunity to obtain benefits in different ways, such as a sustainable charging network with renewable resources and a token-based payment system for ride-hailing fees. The team’s creators have been working for the last 5 years to create a safe yet low-cost electric vehicle. The fact that the first prototypes have been completed so far excites many investors.

​​In addition, in the near future not only vehicles but also a whole network of charging stations will be available. Regarding the latter, it is worth knowing that the eTukTuk team has signed a partnership agreement with the Sri Lankan government for the first 200 charging stations. The electric three-wheeler will be available for sale in this country for the first time. However, over time, the team plans to conquer many Asian and European countries.

6 thousand vehicles are planned to hit the market this year. According to the team’s preliminary calculations, eTukTuk’s maintenance costs are approximately 80 percent lower than traditional tuktuks. Therefore, the project is likely to gain extraordinary popularity among the public in a very short time. Additionally, the eTuKTuk technical review shows that the vehicle’s useful life in daily use is 8 years.

Click to review eTukTuk token.


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