Investors of the popular meme-inspired token, $PEPE, experienced anxiety on Thursday after millions worth of $PEPE were upended to crypto exchanges including, , and. Signs indicate that it’s the very first time that the cryptocurrency’s guarding multi-sig wallet was initiated to facilitate the sending out $PEPE tokens – a movement that provoked a three-fold expansion of the token sending rate, potentially slashing its value on the trading marketplace. Additionally, on-chain analysis conducted by “sleuths” discovered two interesting details: (1) a reduction on the previously required five out of eight digital wallets needed to ‘sign off’ to deal with the cryptocurrency transaction went transacted, and (2) remarkably, the minimum signature configuration to transact was reduced to two out of eight signatures (in contrast to the typical 5/8 approvals). Consequently, a spotted raise in the price of these tokens used in altcoin ecosystems sullies the serene nights of $PEPE stakeholders. Meme currency equivalents of $PEPE such as , , and Shiba Inu are digital monies formed as a byproducts of dissidentoir comming sly culture – Jun classic digital money. Bank on the fluctuations of these token rates to gains materiality is daunting (Remember Never straytraded’ inv gets th tempted flashing headlines) This is a developing story and will be invigorated with more context. Features
