Pepe

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A memecoin trader lost $453,0000 worth of PEPE to a phishing scam earlier today after clicking on a link that approved a malicious transaction on his wallet.



In two transactions, the scammer siphoned more than 356 billion PEPE tokens from the victim’s 0x9ea22 address. The phishing scammer addresses 0xfb4d3 and 0xfd178 are associated with Inferno Drainer, a scam as a service provider. According to Scam Sniffer, the vendor specializes in multichain scams and usually charges 20% of the stolen assets.



Data from Dune Analytics showed that the scammers were responsible for stealing assets worth over $7 million from more than 5000 victims. Usually, the scammers created about 700 phishing sites since March 27, targeting various trending projects.



Inferno Drainer Phishing Scam (Source: Dune Analytics) 



Meanwhile, another user in the comments claimed they lost 2.7 billion PEPE to the same phishing scam and are now looking for ways to retrieve the funds.



Another Phisher Made $2.3M From 880 Victims



Another phishing scammer Pink Drainer stole about $110,000 after hacking the Twitter account of OpenAI CTO Mira Murati and using it to promote a phishing scam.



According to data from Dune analytics, the scammer now has 880 total victims making $2.3 million. He has accessed several wallets through phishing links, stealing ERC-20 tokens, ETH, and NFTs.



PinkDrainer Phishing Scam (Source: Dune Analytics) 



The same bad actor was responsible for the hack of the Orbiter Finance Discord server on June 1 and stole $213,000 from victims in that attack. Before then, they were also behind the eth_ben quote tweet phishing scam. At the time, the hacker had 484 victims.



Scam Sniffer also reported that the hacker has been very prolific regarding phishing websites and has created over 85 in the last two months alone.



The biggest loser so far has one user who lost $297,000 worth of NFTs to the scammer. These include 8 Otherside Koda, 1 Bored Ape, 1 Mutant Ape, and 11 Otherdeed.



Scammers Target Memecoins



The emergence of scam-as-a-service providers highlights the level of sophistication that phishing scams are attaining in the crypto ecosystem. In May, several scammer gangs created dozens of fraudulent tokens that mimic popular memecoins. Peckshield said:




“They artificially drove up the price of these scam tokens to attract a significant number of investors and then executed a series of rugpulls.”




        
          
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What Are Meme Coins?

          
        
      
    
The post Phishing Attack Strikes Pepe Holder, Causing $450K Loss appeared first on BeInCrypto.


Scam Sniffer has revealed that an individual possessing Pepe lost more than $450,000 due to a phishing scam, a nefarious scheme that has illicitly accumulated over $7 million from unaware victims.
The post Phishing Attack Strikes Pepe Holder, Causing $450K Loss appeared first on BeInCrypto.


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Phishing Attack Strikes Pepe Holder, Causing $450K Loss

Meme coins continue to reign supreme in the market, with tokens like Dogecoin and Shiba Inu demonstrating the incredible power of retail traders.
The latest to join this exciting market is Wall Street Memes (WSM) – a new community-driven token that has already amassed over $2 million through its presale.
Given its early success, Wall Street Memes is already being compared to the ultra-popular Pepe coin, which produced exponential returns for investors in mid-April.
Early Presale Success As WSM Takes Flight
Wall Street Memes’ presale only kicked off on May 26, yet investors have been coming in their droves to snag some WSM tokens while they’re being offered at a low price.
This presale is split into 30 stages, each with its own price point. By taking this approach, Wall Street Memes’ team aims to reward those who show early faith in the project.
The response to the presale has been immense – with over $2.1 million in funding raised in only six days.

This means that Wall Street Memes is raking in an impressive $350,000 daily from presale investors.
The early success of the presale has also sparked rapid growth in the Wall Street Memes community, which is already over one million strong, thanks to the previous success of the Wall St Bulls NFT collection.
Wall Street Memes’ official Telegram channel has seen a massive influx of new members over the past few days, while the project’s Instagram page now boasts over 523,000 followers.
The exponential growth of the Wall Street Memes community, coupled with the early success of the project’s presale phase, has led many in the investment community to speculate that WSM could be poised to replicate Pepe’s success.
Colossal Community Propels Wall Street Memes Higher
As mentioned above, Wall Street Memes benefits from a previously-established community spread across various social media channels, like Twitter and Instagram.
This community was inspired by the GameStop saga of 2021, where individual investors challenged the big dogs on Wall Street – and won.
Now, Wall Street Memes’ team aims to empower the community and reshape the world of finance using the WSM token.

Per the project’s whitepaper, the total supply of WSM tokens will be capped at two billion. Half of these tokens are reserved for presale investors, with the other half used for community rewards (e.g., airdrops) and CEX/DEX liquidity.
Through this tokenomics setup, Wall Street Memes’ team looks to ensure that the community holds all the power – and this is reinforced by the fact that there hasn’t been any private sale before the presale commenced.
Moreover, Wall Street Memes’ team hasn’t reserved an allocation of WSM for themselves, demonstrating their long-term commitment to the project.
Buzz Around WSM Reaches Fever Pitch After Influencer Backing
Given the sheer scale of the Wall Street Memes community, it’s no surprise that it has attracted attention from influential figures who recognize the power of meme-driven movements.
One notable example is Elon Musk, who has interacted with the Wall Street Memes community on Twitter several times.
The attention Wall Street Memes has garnered from Musk, a figure commonly considered the epitome of meme culture, stands as a powerful testament to the community’s influence on social media.

Naturally, this has led to intense speculation among crypto analysts about where the WSM token could go once listed on popular CEXs and DEXs in Phase 2 of the project’s roadmap.
YouTuber Crypto Gains, who has over 106,000 subscribers, released a video where he hinted that WSM could perform really well if the momentum continues.
In addition, crypto influencer Jacob Bury tweeted that WSM is “going to go wild” – and even speculated that the token could be listed on Binance in the future.
Ultimately, whether or not WSM will hit the heights forecast by Crypto Gains and Jacob Bury remains to be seen. However, one thing is for sure – the eyes of the crypto world are now firmly fixed on Wall Street Memes as it continues to make headway in the market.
Visit Wall Street Memes Presale
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Readers are also advised to read CryptoPotato’s full disclaimer.
The post New Meme Coin Wall Street Memes Presale Hits $2M: Could it be The Next Pepe? appeared first on CryptoPotato.

Meme coins continue to reign supreme in the market, with tokens like Dogecoin and Shiba Inu demonstrating the incredible power of retail traders. The latest to join this exciting market is Wall Street Memes (WSM) – a new community-driven token that has already amassed over $2 million through its ...

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New Meme Coin Wall Street Memes Presale Hits $2M: Could it be The Next Pepe?


$PEPE exploded more than 3,000% after it launched in early May, outshining even well-established meme coins like Dogecoin and Shiba Inu for a short while.



However, the hype over $PEPE faded fast. Since reaching an all-time high of $0.0000042 on May 5, $PEPE has fallen by nearly 70% to just $0.00000136. In the last seven days alone, $PEPE fell an additional 9%.



Now, traders are wondering what’s in store for $PEPE—were they left holding the bag or does this meme coin have another pump coming?



At the same time, trading in meme coins remains incredibly strong. A new meme coin, Wall Street Memes ($WSM) has raised over $2.2m through its presale in just 5 days. Many meme coin traders are pointing to $WSM as the next token to explode.



$PEPE Price Stagnates, Will it Keep Falling?



Unfortunately for traders still holding $PEPE, this explosive meme coin looks to have run out of gas.



The price has been steadily sliding for three weeks and trading volume has dropped below $100 million, according to CoinMarketCap. At the peak of trading in early May, $PEPE saw more than $3 billion in trading volume.







The token’s 9% decline this week accentuates the problem facing $PEPE. The token has no utility and the hype has moved onto other tokens. Without steady demand, there’s little to prop up the price of $PEPE.



Nor are analysts seeing any bullish catalysts on the horizon. $PEPE has already listed on top exchanges like Binance and OKX, so there are few announcements the project could make that would change traders’ bearish sentiment.



The most likely short-term outcome for $PEPE is a further downward slide. The token’s next support area from a technical perspective is around $0.0000012. That’s 12% below the current $PEPE price. 







Another bearish sign is that $PEPE is setting progressively lower highs each time the price rises. This pattern suggests strong downward pressure on the $PEPE price, likely as a result of traders moving out to other meme coins. A more significant breakdown could see $PEPE fall all the way to $0.00000085, a loss of nearly 40% from today’s price.



Wall Street Memes Raises $2.2 Million in First 5 Days of Presale



While the future of Cardano remains uncertain, traders are focusing their attention on the red-hot meme coin market. In particular, traders are watching a new token that many think has the potential to be the next DOGE.



Meme coin Wall Street Memes ($WSM) launched its presale on Friday and has already raised more than $2.2 million. The first two stages have sold out and the third looks set to sell out within a matter of hours.







The frenzied pace of the presale shows just how excited traders are about this new meme project. Notably, Wall Street Memes has close ties to Reddit’s r/WallStreetBets community, which has been mocking the greed and insanity of Wall Street for years and which has nearly 400,000 combined social media followers.



The team behind Wall Street Bets is also noteworthy. The same developers were behind the 2021 Wall St Bulls NFT collection, which sold out in only 32 minutes. The team is also working on an Ordinals NFT collection that’s generated a lot of buzz among NFT traders.



Wall Street Memes is entirely community-driven. Half of the 2 billion token supply has been allocated for the presale and the project team hasn’t set aside any $WSM for itself. So, the developers only stand to make money from this project if it’s also a success for early investors.



The presale is open to anyone and has a hard cap of $30.577 million. During the current stage, investors can buy $WSM at a price of $0.0256—more than 30% below the planned ICO price of $0.0337. 



Presale investors will also have a chance to enter the $WSM airdrop drawing. Five winners of the drawing will each receive $10,000 worth of $WSM ahead of the token’s launch.



Visit Wall Street Memes Presale
The post Pepe Price Drops 9% in a Week, While Wall Street Memes Passes $2m appeared first on BeInCrypto.


$PEPE exploded more than 3,000% after it launched in early May, outshining even well-established meme coins like Dogecoin and Shiba Inu for a short while. However, the hype over $PEPE faded fast. Since reaching an all-time high of $0.0000042 on May 5, $PEPE has fallen by nearly 70% to just $0.000...

Pepe Price Drops 9% in a Week, While Wall Street Memes Passes $2m

Pepecoin (PEPE) has recently experienced a significant development as it hits a crucial bullish order block (OB), raising hopes for a potential recovery opportunity. However, the ability to reverse the prevailing downtrend momentum is contingent upon an essential factor that holds the key to the coin’s future trajectory. 
In a market characterized by uncertainty, investors and enthusiasts eagerly await the resolution of this pivotal element to determine whether Pepecoin can regain its lost momentum and chart a new course.

Evaluating Pepecoin Price Potential For A Reversal
Since May 24, Pepecoin (PEPE) has exhibited a positive response to the bullish OB. This encouraging price action implies a significant influx of buyers at this level, indicating that the bullish OB could serve as a crucial demand zone capable of triggering a potential price U-turn, especially if Bitcoin makes it past the key $28,000 region. 
Nevertheless, PEPE’s price movement currently faces constraints from both ends. On one side, there is the trendline resistance, while on the other side, the bullish OB acts as a limiting factor.


Should the bullish sentiment persist and bulls manage to overcome the resistance posed by the trendline, PEPE could endeavor to rally towards the 50% Fibonacci level, which stands at $0.00000160. 
PEPE currently finds itself in the grips of a challenging market environment, with its CoinGecko price at a meager $0.00000136. The past 24 hours have witnessed a slight slump of 6.5%, further exacerbating the coin’s struggles, while the seven-day period has seen a significant decline of 13.6%.
 

Understanding PEPE’s Volatility And Intrinsic Value
Pepecoin (PEPE) has consistently exhibited an incredibly volatile movement, a characteristic that is not entirely unexpected. As a cryptocurrency, PEPE falls within the broader category known for its highly volatile nature. However, PEPE’s status as a meme coin adds an additional layer of complexity to its price fluctuations, as it lacks intrinsic value.
In the early stages, PEPE experienced a continuous upward price movement, drawing attention and interest from investors seeking quick gains. However, experts in the field have long predicted that, eventually, PEPE’s price would spiral downwards. Regrettably, the current situation seems to align with these projections.
Impressive DEXT Score For Pepecoin
Meanwhile, Pepecoin enjoys an impressive DEXT Score of 99/99 and high liquidity, which is a positive sign for the meme coin.
DEXTools’ DEXT Score is an algorithm that takes into account data from the blockchain as well as other sources to determine the reliability of a given project. The higher the score, the better for the crypto.
Social data, pair liquidity, transaction volume, token circulation, and contract creation are just some of the metrics that make up the DEXT Score.


Meme coins, like PEPE, often rely heavily on social media trends, community enthusiasm, and speculative trading. Without a solid foundation of intrinsic value or underlying assets, their prices are particularly vulnerable to sudden shifts in sentiment and market dynamics. 
As a result, investors must approach meme coins like PEPE with caution and a thorough understanding of the inherent risks involved.
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk)
-Featured image from Earth.com


Pepecoin (PEPE) has recently experienced a significant development as it hits a crucial bullish order block (OB), raising hopes for a potential recovery opportunity. However, the ability to reverse the prevailing downtrend momentum is contingent upon an essential factor that holds the key to the ...

newsbtc.com

Pepecoin Eyes Rebound As It Finds Support In Strong Algorithm Data Score

PEPE continues to range as market participants are waiting for something to happen.
Key Support levels: $0.0000013, $0.0000011 
Key Resistance levels: $0.0000020
PEPE’s volatility is extremely low right now with the price unable to make any significant moves. It appears that both sellers and buyers are exhausted or absent from the market. PEPE has support at $0.0000013, and if broken the price could go to $0.0000011 next. The resistance is at $0.0000020, and so far, bulls failed to surpass it.
Chart by TradingView
Trading Volume: The volume almost disappeared from the chart. This has led to low volatility.
RSI: The daily RSI is somewhat flat but may turn bearish if bulls can’t sustain the price at the current support.
MACD: The daily MACD is bearish. However, considering the lack of conviction from sellers, the price has not reacted to this.
Chart by TradingView
Bias
The bias for PEPE is neutral.
Short-Term Prediction for PEPE Price
The spotlight on PEPE appears to have turned off. Interest in this meme coin has disappeared, and unless excitement returns to the overall market, it is unlikely we will see much action at this time.
The post PEPE Price Analysis: This is What Needs to Happen for PEPE to Target Critical Resistance appeared first on CryptoPotato.

PEPE continues to range as market participants are waiting for something to happen. Key Support levels: $0.0000013, $0.0000011  Key Resistance levels: $0.0000020 PEPE&#8217;s volatility is extremely low right now with the price unable to make any significant moves. It appears that both sellers an...

Pepe price	$0.000001
Low - High 24H	$0.000001 - $0.000001
Market cap	$550.79M
Volume 24H	$79.75M
All time high	$0.000004 -69.35% May 5th 2023
All time low	$0.00 2294.29% April 18th 2023
Genesis date	N/A

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