Several different meme tokens have been gifted to Sun, including WEED, METH and NGMI.
The situation was also taken advantage of by miscreants – a group of fraudsters created a fake FOUR token in an attempt to impersonate the founder of Tron.
They seek out gullible investors using information that the memcoin market will grow. Earlier, the founder of Tron said he plans to trade memcoins.
However, he added that this statement was not financial advice. The businessman clarified that he does not guarantee the listing of these projects on any exchange, including Huobi or Poloniex.
The PEPE meme token, which was issued in honor of Pepe, a frog that appeared on the Internet as a meme almost 20 years ago, is now gaining popularity.
Last weekend the capitalization of Pepecoin exceeded $1 billion, but soon the rate collapsed by more than 50%.
Nevertheless, PEPE is one of the few meme tokens, along with DOGE and SHIB, which is among the top 100 cryptocurrencies by market capitalization.