Observant analysts within the blockchain community raised concerns regarding significant alterations in the supervision of a critical wallet.
Numerous meme coins have surged in popularity lately, but this trend is expected to fade away within a few weeks.
According to a Santiment report, pepecoin (PEPE) might encounter difficulties in the midst of an overall unfavorable trading climate.
The crypto exchange caused controversy when they stated that the Pepe the Frog meme had been taken over as a symbol of hate by alt-right groups.
Despite the recent drop in prices, major players in the market are still acquiring the meme coin, indicating the possibility of a forthcoming surge.