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$66,686.00 0.04005
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$3,486.08 -0.33592
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BNB
BNB (BNB)
$591.42 0.01345
BNB price
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$171.35 1.31182
Solana price
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$0.5921070 -1.34129
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$0.0000302 -3.61598
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Bitcoin
Bitcoin (BTC)
$66,686.00 0.04005
Bitcoin price
Ethereum
Ethereum (ETH)
$3,486.08 -0.33592
Ethereum price
BNB
BNB (BNB)
$591.42 0.01345
BNB price
Solana
Solana (SOL)
$171.35 1.31182
Solana price
XRP
XRP (XRP)
$0.5921070 -1.34129
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.46255
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000120 -2.67125
Pepe price
Bonk
Bonk (BONK)
$0.0000302 -3.61598
Bonk price
Bitcoin
Bitcoin (BTC)
$66,686.00 0.04005
Bitcoin price
Ethereum
Ethereum (ETH)
$3,486.08 -0.33592
Ethereum price
BNB
BNB (BNB)
$591.42 0.01345
BNB price
Solana
Solana (SOL)
$171.35 1.31182
Solana price
XRP
XRP (XRP)
$0.5921070 -1.34129
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.46255
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000120 -2.67125
Pepe price
Bonk
Bonk (BONK)
$0.0000302 -3.61598
Bonk price
Bitcoin
Bitcoin (BTC)
$66,686.00 0.04005
Bitcoin price
Ethereum
Ethereum (ETH)
$3,486.08 -0.33592
Ethereum price
BNB
BNB (BNB)
$591.42 0.01345
BNB price
Solana
Solana (SOL)
$171.35 1.31182
Solana price
XRP
XRP (XRP)
$0.5921070 -1.34129
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.46255
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000120 -2.67125
Pepe price
Bonk
Bonk (BONK)
$0.0000302 -3.61598
Bonk price

PEPE slides 21%, holders exploring new meme coin

Press Releases
PEPE slides 21%, holders exploring new meme coin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Pepe Coin (PEPE), is under pressure when writing. It is down 21.9% in the last month when writing, extending losses. But while PEPE is struggling, a new meme coin, Meme Kombat, is steadily rising. The uptrend is partly due to its novel approach and transparency.

Trust fading after exploit

PEPE crashed in Q3 2023 after founders withdrew tokens from their multi-signature wallet.

While the remaining team took measures to rectify the issue, the community still remembers the debacle.

Last week, the Pepe Coin team noted a “strange transaction” from their deployer contract.

The tweet explained that the transactions “and any future transactions” are unrelated to the current Pepe team and are “taking place by the nefarious ex-team members who previously stole from the PEPE treasury.”

PEPE slides 21%, holders exploring new meme coin - 1

However, the tweet did little to ease the community’s concerns.

Influencer Pauly slammed the PEPE team, accusing them of criminal misconduct. He criticized their attempts to conceal their identities and demanded that they reveal themselves publicly.

Pauly also shared his negative experiences with the team, describing them as dishonest, incompetent, and greedy.

His tweet sparked a heated debate, with 90.4% of community members voting to remove the PEPE team and burning the remaining tokens.

PEPE slides 21%, holders exploring new meme coin - 2

The exploit in August 2023 severely damaged the reputation of PEPE, leading to widespread distrust among the cryptocurrency community.

Despite a brief price recovery in November, PEPE’s value has been consistently declining since peaking in early December.

This ongoing downturn reflects the ongoing erosion of confidence in the project.

PEPE slides 21%, holders exploring new meme coin - 3

While PEPE faces increasing scrutiny and declining value, a new meme coin Meme Kombat is trending higher. The project stands out from existing meme coins with its transparent team and innovative tokenomics.

The Meme Kombat presale

The Meme Kombat presale has raised over $7.6 million so far. It’s hard cap is set at $10 million.

The project has been featured in leading crypto outlets like crypto.news.

PEPE slides 21%, holders exploring new meme coin - 4

Meme Kombat taps powerful crypto trends – AI, gambling, play-to-earn gaming, and meme coins.

Players bet on AI-simulated battles between meme token mascots using the MK token.

Integrating multiple popular meme coins sparks competition as communities support their meme token fighter.

Various gameplay modes, plus odds-based betting, enable diverse participation.

A transparent team, audited contract, and generous 122% APY staking strengthen the ecosystem.

Leading analysts praise Meme Kombat’s inventive model and hype continues building.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.