Warning: Scammers Flood Crypto Market with Fraudulent Memtokens
PeckShield reports that observations by its experts show that a series of scams involving the launch of about 24 memtokens have occurred in the past ten days. PeckShield analysts warn cryptoinvestors, who succumbed to the urge to earn on the rush of memtokens, of the dang ...
Kraken Lists PEPE Token: A New Memcoin Challenger to Dogecoin and Shiba Inu
Cryptocurrency exchange Kraken announced the listing of a new popular token called PEPE, inspired by the iconic Internet character Pepe the Frog. "PEPE's hype token meme has been launched on the Etherium blockchain in April 2023. It quickly gained popularity among cryp ...
Crypto Analyst Warns Against Emotional Investing in Meme Tokens
Popular cryptoanalyst warned Twitter audiences against overly emotional investing in meme tokens, which could eventually devalue. Benjamin Cowen believes there are too many illiquid and simply fraudulent meme tokens on the market: "The people who create these meme- ...
Coinbase Faces Criticism from Users for Calling Pepe Frog Meme a Hate Symbol and Meme Token Craze “Insane”
Users criticized Coinbase cryptocurrency exchange management for calling the Pepe frog meme a hate symbol and the meme token craze insane. Coinbase executives published an article expressing bewilderment over the memcoin craze. In recent weeks, investors have pounced o ...
PEPE Token Surpasses $1 Billion Market Cap with Address Blocking Feature
Another "HYIP token meme" PEPE continues to gain momentum - during the day the token rate increased by 45%, and its capitalization exceeded $1 billion. In this case, the token contract has an address blocking feature. Yesterday the token ...