Driven by the community, not from VCS, comeback of the PEPE fans to coinbases poorly thought-out attitude
Driven by the community, not from VCS, comeback of the PEPE fans to coinbases poorly thought-out attitude
Pepecoin (Pepe) ensured considerable turmoil on the sluggish cryptoma market. From less than $ 1 million in the introduction, market capitalization grew to almost $ 2 billion in just a few weeks. The Memecoin with a frog motif in the crypto universe, which is dominated by coins with dog motif, certainly triggers funny memes.
and such a meme test from Coinbase does not seem to have been well received, and the crypto exchange is the victim of a "well-deserved" counter reaction of pepe fans and owners.
Pepe as a symbol of hate
Apparently Coinbase sent his investors an email on May 10, in which she mentioned the excitement around Pepe and described it as the Memecoin of the hour. It said: "In the course of time [PEPE], according to the anti-defamation League of right-wing extremists, groups of groups were taken up as a hate symbol."
crypto-influencer borovik.eth divided a screenshot" of the email newsletter on May 10 with its 96,000 followers. The newsletter quoted a decision by the anti-defamation League from 2016 to add the figure with the frog theme to your database with online hate symbols. "Why is @coinbase in which people are informed of the $ pepe is an old right hate symbol ??? ", wrote Borovik.eth. Although the Memecoin has started to fall and has lost at least half of his market capitalization, he has secured a listing at OKX and Binance-nothing less! Gemini is also very impressed by the performance and has announced his support. Pepe continued to receive support when the digital artist Beeple and the crypto-influencer Kenobi and Pauly highlighted the movement supported by the community against VC that capers the web3 movement. Beeple posted a picture on which the Pepe Army besieged Coinbase. The crypto exchange did not react to the comments that she received in response to her statements about Pepe. In the meantime, after a massive bull run, Pepe seems to be settled in by an anonymous creator where it belongs. On May 9th crypto potato reported that the market capitalization was the most exciting Memecoin reduced in just four days to $ 800 million. A day earlier, the 4-week-old coin had completed the week with a whopping 350 % . When it was listed on Binance on May 5, the Coin War War was worth $ 0.000002023, but the message rose its price to $ 0.000004354. According to CoinmarketCap, it is traded at $ 0.000001615, which means a decrease of 15.82 %. . PEPE lovers take it to
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