Pepe's no different: Where there’s a meme there’s a scam
"Funny enough, the official Lofi-Pepe collection, which launched on May 6th, caps at a total supply of 6,969. This deceptive practice is a common tactic employed by scammers, luring unsuspecting buyers into fraudulent transactions."Crypto scams looking to latch onto the latest craze in digital assets, like this one with Pepe, have for years been such a common occurrence much of the market is numb to it.
The two misleading Twitter posts have been reposted and liked tens of thousands of times — a process possibly driven by bots but one that nonetheless makes the pitch appear more genuine. Bots are such a problem, they almost stopped Elon Musk from going through with his purchase of Twitter last year. He has railed against the fake accounts, at one point saying he"will defeat the spam bots or die trying."The suspicious link asks potential buyers to connect their wallets in order to mint one of the 10,000 Pepe NFTs. The link also references not only the official
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Mover Americas: Meme Coin PEPE Surges to $1B Market CapPepecoin, the new token based on the “Pepe the frog” meme, has reached a $1 billion market capitalization. The $PEPE rally has spurred increased trading activity in other meme tokens on decentralized exchanges, according to data from IntoTheBlock.
Read more »
Pepe’s sudden drop leaves whale 500k in the redFollowing a more than 40% drop in the price of Pepe, a memecoin whale who purchased more than 962 billion worth of the token has been left with more than $600,000 in unrealized losses.
Read more »
PEPE Copycat Jumps 1,056%, Here's Possible ReasonKEK is new meme coin designed as PEPE lookalike; it is leading meme coin rally today
Read more »
Binance Convert Adds SUI, FLOKI and PEPE | Binance SupportFellow Binancians, Binance is excited to announce that SUI, FLOKI and PEPE have been added to Binance Convert . Users can now trade SUI, FLOKI and PEPE against BTC, USDT and any other tokens suppor...
Read more »
Pepe Coin Down 50% From All-Time High: Smart Money Turns Dumb$PEPE price folds in half from record highs: Is smart money turning stupid? pepe pepecoin memecoins memecoinseason lookonchain
Read more »
First Mover Americas: PEPE Peaks After Binance ListingWas $PEPE's listing on Binance the top for this memecoin and maybe even bitcoin? godbole17 reports in this morning's First Mover Americas
Read more »