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bitcoin
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    HomeCrypto Finance

    PEPE plunges 15% as unusual token actions spark fears of rug pull

    Crypto Finance
    admin
    By admin
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    Latest News

    The worth of the frog-themed memecoin Pepe (PEPE) has plunged practically 15% after latest adjustments to a multisig pockets and new token transfers ignited fears of a “rug pull” by its builders.

    The allegations — in addition to the unfavourable value motion — got here as $16 million value of Pepe tokens had been despatched from the builders’ multisig pockets to varied crypto exchanges on Aug. 24.

    Homeowners of the Pepe multisig pockets transferred 16 Trillion PEPE. Supply: Secure International
    The change in variety of signatures required to approve transactions from the multisig pockets. Supply: Etherscan

    Proceed Studying on Coin Telegraph

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