The tricks and secrets of the Pepe currency that they won't tell you
In the world of digital currencies, where ambitions intersect with fraud, the PEPE currency has emerged as one of the most controversial phenomena in the crypto market. It started as a digital joke inspired by the famous character Pepe the Frog, but quickly turned into a project that raised suspicions, especially after its developers' mysterious movements and its connection to dozens of digital scams.
In this article, we reveal secrets that are not often mentioned about the PEPE currency, and analyze the reasons why some describe it as a 'masked fraud'.
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Secret number one: 'Ambiguous' developer movements
In August 2023, the PEPE team unexpectedly transferred over 16 trillion tokens – equivalent to about 15 million dollars – to exchanges like OKX, Binance, and Bybit. No clear reasons were announced, and the operation took place just before the currency collapsed by 15%.
This method is known in the crypto world as 'Rug Pull', which is when developers suddenly sell huge amounts and flee with the money.
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Secret number two: Lack of transparency and identity
Unlike many serious projects, there is no announced identity of the developers behind PEPE. No verified official website, no real roadmap, and no detailed information about the project on platforms like CoinMarketCap.
This means that investors are putting their money into a currency without a known responsible party or real guarantee.
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Secret number three: Repeated fraudulent copies
Since the rise of PEPE, more than 20 fake copies have emerged, such as Mini Pepe, Arabian Pepe, and others, most of which are fraudulent projects that used the name PEPE to attract new victims.
Some of these copies raised thousands of dollars from investors before disappearing within days.
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Secret number four: Advanced theft tools
Phishing tools like Inferno Drainer were used to steal investors' wallets through fake links that mislead users into thinking they had investment opportunities in PEPE.
Many victims reported losses exceeding 1.2 million dollars due to these scams associated with the name of the currency.
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Secret number five: Illogical price fluctuations
One of the characteristics of fraudulent currencies is that they rise suddenly without justification, then collapse just as quickly. PEPE has experienced this phenomenon repeatedly, making it more like a 'digital casino' than an investment project.
The biggest beneficiaries? The developers and early adopters who sold at the peak.
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Summary: Beware of the golden trap
The PEPE currency may seem tempting due to its rapid rises, but it carries clear signs of fraud. If you are not an expert in analyzing cryptocurrency projects, stay away from it.
In the crypto world, the last laugh is not always for the risk-taker, but for those who read between the lines.
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