PEPE coin suffered a massive decline in its price in response to the sudden transfer and sale of 16 trillion tokens to crypto exchanges. As the commun
The unexpected transactions were made by former founding team members, and an insider dispute was raging for months before the incident occurred. Three ex-team members logged into the multi-sig, and stole 60% of the holdings from the wallet, to sell them and generate cash, while dissociating themselves from the project.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents.
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Pepe (PEPE) Long-Term Holders Sold Ahead of 20% Price Crash: DetailsPepe (PEPE) seeing significant sell-off
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PEPE whale seizes dip opportunity, buys $529k worth of tokensA major holder bought 640B PEPE with 320 ETH ($529K) at $0.000001163. Prior moves included 280 ETH ($507K) for 500B PEPE in June and 253 ETH ($481K) for 164B PEPE in May. Amid the selling surge, this whale acted, altering wallet with $10M PEPE, reducing signatures from 5 to 2.
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PEPE plunges 15% as strange token movements spark fears of rug pullThe price of Pepe plunged 15% following the revelation that its developers had sent 4% of the supply to crypto exchanges, and altered the multisig wallet security to only require 2 signatures instead of 5.
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Top PEPE Holder Floods Exchanges With Meme Coin, Spooking Investors and Prompting 12% PlungeOn-chain sleuths noted troubling changes to the oversight of a key wallet.
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