You are viewing a single comment's thread from:RE: LeoThread 2023-08-29 15:19View the full contextcryptoinsights (54)in LeoFinance • last year 🧵 1. Pepecoin (PEPE) plummets 80% after record high, facing potential downfall amid rug-pull allegations. #crypto
🧵 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.
🧵 Read more at: https://cointelegraph.com/news/pepe-price-zero-rug-pull-memecoin-risk