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PEPE Coin: 17% Price Surge with $1.34 Billion Trading Volume

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by Giorgi Kostiuk

2 hours ago

PEPE Coin, an ERC-20 token, experienced a significant price increase of 17% alongside a trading volume reaching $1.34 billion.

PEPE Coin Surge Amid Speculations

PEPE Coin increased 17% due to active market speculation and community involvement. The trading volume reached $1.34 billion, leading to considerable price volatility.

Impact of Internal Strife on Trading

Founder Zachary Testa is facing challenges within the team, affecting investor behavior. One incident involving an unexpected withdrawal prompted the founder to promise to burn excess tokens after reallocating funds.

Since its inception, $PEPE has unfortunately been plagued by inner strife with a portion of the team being bad actors led by big egos and greed.Zachary Testa, Founder, PEPE Coin

Prospects and Risks for Investors

The recent activity around PEPE Coin highlights existing internal conflicts affecting community sentiment and investor confidence. As new reorganization plans unfold, investor expectations may influence future market behavior, especially given the historical trends in meme tokens.

Despite the recent price increase, PEPE Coin faces uncertainties related to internal governance and future risks for investors amid market fluctuations.

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