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RE: LeoThread 2023-08-29 15:19

in LeoFinance • last year

🧵 1. Pepecoin (PEPE) plummets 80% after record high, facing potential downfall amid rug-pull allegations. #crypto

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🧵 3. Analysts fear PEPE price could crash to zero, citing previous rug-pull scams with MULTI and Encryption AI tokens.

🧵 4. Descending triangle formation on the four-hour chart suggests PEPE could drop to nearly zero.

🧵 2. Concerns rise as rogue developers change multi-sig wallet settings and send $16M worth of PEPE to exchanges.

🧵 5. Some investors see PEPE's decline as a buying opportunity, increasing holdings amidst hopes of market rebound at accumulation level.