Statement Released Regarding Transfer of Coins and Team Changes for Pepe

One sentence summary – The team behind Pepe, a popular memecoin, has issued a statement addressing a significant transfer of coins and conflict among project personnel, resulting in a mass exodus of team members and a substantial price correction, while one remaining team member remains committed to the project’s vision and seeks new team members to propel Pepe into its next phase as a decentralized and anti-fragile memecoin asset.

At a glance

  • The team behind Pepe has issued a statement addressing a significant transfer of coins.
  • A community leader revealed that certain project personnel had become “bad actors” and engaged in conflict with the remaining team members.
  • All founding members, except for one anonymous entity, have sold their stake in the project and abandoned it.
  • The mass exodus of team members has resulted in a substantial price correction for Pepe.
  • The solitary remaining team member is seeking new members to join and plans to establish Pepe as a decentralized and anti-fragile memecoin asset.

The details

The team behind Pepe, a popular memecoin, has recently issued a statement.

This statement addresses a significant transfer of coins that has caught the attention of the community.

A community leader revealed on social media that certain project personnel had become “bad actors”.

These “bad actors” have reportedly engaged in conflict with the remaining team members.

The statement further explains that all founding members, except for one anonymous entity, have sold their stake in the project.

These founding members have also abandoned the project.

This mass exodus of team members has resulted in a substantial price correction for Pepe.

The tokens that were transferred or “stolen” during this period were eventually sold.

These tokens were sold on prominent crypto exchanges, namely OKX and Binance.

Despite the turmoil, the solitary remaining team member remains committed to the project’s vision.

This team member plans to see the project through.

They are actively seeking potential new team members to join them.

The goal is to propel Pepe into its next phase.

This team member is particularly excited about establishing Pepe as a decentralized and anti-fragile memecoin asset.

They emphasize the importance of resilience and independence for Pepe.

As of the time of this report, Pepe is currently trading at $0.000000868.

Pepe has experienced a decline of approximately 30% over the past week.

These are the comprehensive details surrounding the recent events involving Pepe.

This information provides a full picture of the situation.

Article X-ray

A pixelated image showing a coin being passed between two small characters, with one character waving goodbye and another character joining a group.

This section links each of the article’s facts back to its original source.

If you have any suspicions that false information is present in the article, you can use this section to investigate where it came from.

dailyhodl.com
– The team behind Pepe, a popular memecoin, has issued a statement regarding a large transfer of coins that caught the community’s attention.
A community leader announced on social media that some project personnel turned into “bad actors” and were in conflict with the remaining team members.
According to the statement, all founding members except one anonymous entity have sold their stake and abandoned the project, leading to a heavy price correction.
The tokens that were transferred or “stolen” were ultimately sold on crypto exchanges OKX and Binance.
The remaining team member plans to see the project through and is reaching out to potential new team members to carry Pepe into the next phase.
The team member is excited to set up Pepe as a decentralized and anti-fragile memecoin asset.
– At the time of writing, Pepe is trading at $0.000000868, down by about 30% in the last week.

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