David Gokhshtein, a renowned individual in the crypto space, recently posted a photo on Twitter of the cryptocurrencies belonging to his meme coin collection. Included crypto tokens weren’t limited to just Shiba Inu (SHIB) and Dogecoin (DOGE) - two of the most popular meme-based currencies - but also included the controversial PEPE token.

Dogecoin and Shiba are fairly well understood, though the same can’t be said of PEPE. This token has no connection between its fundamentals and technical components, which heightens puzzlement among crypto enthusiasts as it’s had an impressive value surge in a short amount of time. To make matters even more complex, PEPE tokens were transmuted almost concurrently to a few wallets, causing suspicion about possible manipulation.

Recently, there was a great deal of commotion over a trader’s claim of making millions after investing only $250 in the token. It was dubbed as a carefully crafted marketing technique, and unfortunately it's become more common in the cryptocurrency market.

All things considered, investing in meme-based tokens can be risky as their value can vary significantly. It's true that many projects have gained inflation due to the mass appeal of memes and jokes, but caution should be taken before investing to guarantee that the token is genuinely worth its price and is not the product of manipulation.



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