Pepe The Frog (PepeBNB) made 644% in 2 days and keeps growing

JeffBrad12

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Quote from: tvplus006 on May 16, 2023, 01:49:45 PM

PepeBNB switched to a new contract - 0x47fd014706081068448b89fc6baca2730977216a According to a message posted on the Coinmarketcap website, "Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR" - https://c.com/currencies/pepe-the-frog/. It should be noted that the price of the PepeBNB coin has decreased by 70% over the last day.

this should be massive concern, it's clear the dev doesn't decide to make renounce towards the smart contract instead trying to take advantage of it.
this just means this coin could easily gets rugpulled by the developers and that's why decreasing of 70% means anyone else are already concerned with this regard.
moreover the fact that rugpull is so rampant with these meme coin means one shouldn't underestimate the potential of this coin going south.
just withdraw the money invested and move it somewhere else, of course it's not financial advice but then again just avoiding the worst case scenario.

bittick

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this coin right now having sideway, but leaning more towards losing its value though, I'd definitely not gonna invest anything in this coin right now, doesn't seem like good coin for long term investment and there has been changing of new smart contract.

wheelz1200

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Quote from: darewaller on May 18, 2023, 02:48:04 PM

Quote from: raidarksword on May 16, 2023, 01:47:19 AM

You know what will be the end of such meme token, it will be dump more no matter hype it got in the market. Not all it will go up because it will also go down hard after the hype is over, so If I were you just take profit and move to the next DEGEN. That's how meme token works, never held for long-term.

No, it won't dump as long as the hype is still there. What can happen rather is more increase is going to be recorded but each hypes has an end and it is a big question if meme coins like pepe can recover or not. If it can, then investors of it will be happy.

Maybe soon it will be on the level of dogecoin and shiba inu and it will also be accepted on most platforms. I'm not updated about the price of pepe but if there are still active fluctuations, it's a sign that the coin is still alive and kicking. We can ride it if we want to earn a profit. For those who are scared about what is left, much better if they avoid it and switch on to a new meme coin because the chance for them to pump is still high.

Of course it will dump. There is no need for this coin to even exist. It's literally the definition of a ponzi. People buy in only on the hopes that more people buy in higher. The project itself is useless. The next bull run there will be a new genre of coins that take off. It doesn't mean that every bull run every dumb meme coin is gonna pump. That's how you lose your money.

darewaller

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Quote from: raidarksword on May 16, 2023, 01:47:19 AM

You know what will be the end of such meme token, it will be dump more no matter hype it got in the market. Not all it will go up because it will also go down hard after the hype is over, so If I were you just take profit and move to the next DEGEN. That's how meme token works, never held for long-term.

No, it won't dump as long as the hype is still there. What can happen rather is more increase is going to be recorded but each hypes has an end and it is a big question if meme coins like pepe can recover or not. If it can, then investors of it will be happy.

Maybe soon it will be on the level of dogecoin and shiba inu and it will also be accepted on most platforms. I'm not updated about the price of pepe but if there are still active fluctuations, it's a sign that the coin is still alive and kicking. We can ride it if we want to earn a profit. For those who are scared about what is left, much better if they avoid it and switch on to a new meme coin because the chance for them to pump is still high.

tvplus006

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PepeBNB switched to a new contract - 0x47fd014706081068448b89fc6baca2730977216a According to a message posted on the Coinmarketcap website, "Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR" - https://coinmarketcap.com/currencies/pepe-the-frog/. It should be noted that the price of the PepeBNB coin has decreased by 70% over the last day.

raidarksword

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You know what will be the end of such meme token, it will be dump more no matter hype it got in the market. Not all it will go up because it will also go down hard after the hype is over, so If I were you just take profit and move to the next DEGEN. That's how meme token works, never held for long-term.

shinratensei_

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Quote from: wheelz1200 on May 15, 2023, 04:29:05 PM

These useless coins that name themselves after other coins will eventually make people lose theor stack. The only reason it's spiking is because it's using the run up from pepe as it's gas. Greed is the only thing holding this thing up. I'd steer clear so you aren't the one holding the bag at the end.

well it depends in the timing of investment, but it is indeed that this kind of investment carry great risks, someone could get good return if they are early enough in investing in these kind of coin and usually if news of this coin already rise up tremendously like this thread is going out, this means everyone willing to make an entry already too late.
that's the thing with these coin, only early birds are the one that gonna gets most of it, the rest are just gonna become food for the early birds, like zero sum game. so always refrain from investing if already missed of becoming the early birds.

wheelz1200

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These useless coins that name themselves after other coins will eventually make people lose theor stack. The only reason it's spiking is because it's using the run up from pepe as it's gas. Greed is the only thing holding this thing up. I'd steer clear so you aren't the one holding the bag at the end.

Wiwo

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Quote from: Psynthax on May 11, 2023, 06:54:10 PM

i'd refrain from investing in this meme coin, too low of a market capitalization and trading volume seems tremendously low for a meme coin which means someone with majority of coin in their possession might easily manipulate and dump this coin, definitely far inferior that then original coin that's in ethereum blockchain.

Pepe coin have been making the news in recent time and this is due to the multiple raise and fall in the market price of this meme coin and at the moment most of those who are ready to gamble on a few altcoins in this season are considering this coin as a good investment opportunity but then how capable is this coin to recover after this great fall is what has left most of us with refrains from declaring Pepe coin as a good choice at the moment.

But also we must be smart enough to be able to calculate the risk level of any investment choice we are planning to make and keep as one of such investment at the moment and for those who believe so much in altcoins, my only advice is to stay away from high-risk meme coins in this period as we can't ascertain their capabilities in this period of high market volatilities.

dansus021

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Quote from: uneng on April 20, 2023, 12:33:09 PM

It means another pump and dump scheme has been launched.

Brand new created token + memecoin + sudden price rise in large scale = Scam / Loss.

If you care about your money, stay away from PepeBNB, stay away from memecoins. The scheme has reached its peak and now it's already falling apart.

1000% Correct in my opinion is all about the hype the shiba inu and pepe coin is hype because of Binance lists every coin or token that listed on Binance will Rocket launched it to moon for certain of time and because Binance listed it other big exchange starts to list it too.

and all about pump and dump coin when the hype is there the other developer will start to creating it and same name and bump your coin will go to mars oh and by the way just checked on Coingecko the price is down 60% from ATH in a 4 days

Psynthax

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i'd refrain from investing in this meme coin, too low of a market capitalization and trading volume seems tremendously low for a meme coin which means someone with majority of coin in their possession might easily manipulate and dump this coin, definitely far inferior that then original coin that's in ethereum blockchain.

bitkanu

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always know that the common sense with meme coin is that, if its already famous getting shilled in every platform there is and the price is already increasing so much, don't invest. you are most likely already too late, you will just have higher chance of losing than the other that invested earlier, and more likely they are gonna sell and you gonna incur some losses.

SirLancelot

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Quote from: nimogsm on May 09, 2023, 03:49:17 PM

Quote from: adaseb on May 08, 2023, 10:39:58 PM

Unless I am looking at the wrong token with the exact same name, it looks like the dev rugged the entire project. If you bought on April 20 when the OP made this post you could of maybe made 50% gains but if you held you would be at -99%. Hence this is proof these are extremely risky.

With the success of PEPE and the ease of making these tokens, there is going to be many rugging going on. All over Twitter they are spamming different tokens and people are buying these tokens thinking they will buy another PEPE where $100 turns into $10M but that is obviously not the case. Most will end up with huge losses.

How right you are. Now a lot of scammers are trying to repeat Pepe's success and are trying to use various tools. In recent days, there have been a lot of fake offers on twitter and I see that the posts collect thousands of reposts because users do not even realize that they are participating in a potential scam.

Every meme coin is a potential scam in my opinion since you never know when the hype gets over and the price drops over 90% in no time, that is when you realize how big of a mistake you've made by investing in the project after the hype and everything because the value of these tokens only stay until they are hyped.

People give opportunities to more and more useless tokens by Tweeting and retweeting them and starting hypes only to provide their creators with the money they need so that they can rugpull and leave anytime they want.

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Quote from: jack05 on April 20, 2023, 11:11:50 AM

What do you guys think about Pepe The Frog (PepeBNB)?

https://www.coingecko.com/en/coins/pepe-the-frog

https://www.dextools.io/app/en/bnb/pair-explorer/0xf45ef089d20a133a785796cc9513183bd86c4b65

This meme token just started. It is not even listed on CEX exchange, trading is now only on Pancakeswap.

In last 24h - over 150%

Twitter is going crazy about PepeBNB!

Is it mean that memecoins times come back? Maybe that is new Shiba? Cool

memecoin is now getting more popular than doge, shiba, floki, now pepe coin which is very popular on social media is pepe going to be the new shiba? I think it could be that yes, Pepe rose very drastically in 2 days up to 644%, but you need to remember that this is a new coin hype meme. I think memecoin is a seasonal coin, every new increase there must be a decline that will come very risky if you buy now but if you want to buy it too it's up to you this is memecoin's new hype

wajik-tempe

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PepeBNB and other meme currencies could seem like a great way to make quick money, but they could face sudden price changes that make them hazardous investments. Additionally, there are additional dangers associated with trading on decentralized exchanges like PancakeSwap, including liquidity problems and smart contract weaknesses.

Similificator

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Well, I guess the hype is already over. I have seen tons of people on my social media feeds posting about this coin accompanied with their losses on futures because of it. Although, there are also the wise ones that have been able to detect the upcoming dump and made huge profits by selling their holdings earlier than the others and then shorting this altcoin on futures. Just goes to show that regardless of the coin and market season, if you know what you are doing then you won't suffer massive losses but gain profits instead.

Reatim

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Quote from: raidarksword on May 07, 2023, 12:58:41 AM

This is wild and crazy for a meme project to pumped like that and many made millions of it which makes more crazier for a project driven by a hype only and no used case at all. While legit projects struggling to make a good recovery from all the dips! Well, this have a good impact which more drive towards crypto market and brings new people in the industry.

mate , we have seen some of this kind just recently and you will be seeing more sooner as the Meme hype is in the air, but don't expect this to be happening forever.
and yeah while many have gain big money , but have you research or idea about those who have lost theirs?
this market has 2 sides, and that is the loser and the gainer .

poodle63

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Quote from: nimogsm on May 09, 2023, 03:49:17 PM

How right you are. Now a lot of scammers are trying to repeat Pepe's success and are trying to use various tools. In recent days, there have been a lot of fake offers on twitter and I see that the posts collect thousands of reposts because users do not even realize that they are participating in a potential scam.

This one is also pepe's clone. It keeps decrease even deeper. I don't even see any chance for this token to go up. It's down everyday. pepebnb is just scam token and nothing more. Any clones in the market can be considered as scam token that used by the creator of token to steal money from anyone who was actively trading the token. I have no respect with this token. It's dumped so hard like rollercoaster.

jack19123

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Quote from: JeffBrad12 on May 09, 2023, 06:12:26 PM

that's so true, this is why investing in meme coin in general when they are already famous and already gaining massive value increase is just waste of time and money, it's just gonna lose its value in no time, it's just waiting for its whales to just exit the market.

Right.
Those that are buying during the hype are the ones that will regret their decision for buying it. But good for those that were able to make money from it.
The hardest part is no one knows when these meme coins are going to remain profitable. Whoever is making these hypes are doing this for a long time and is able to read the part of the community that gives their interest and attention to any project that's being hyped by anybody.
I understand the part of those folks that want to make money quickly with these meme coins but, it's not going to be always your plan that will be followed by the market. You all should be the ones that must follow the trend and the market.

Topic: Pepe The Frog (PepeBNB) made 644% in 2 days and keeps growing (Read 579 times)