Dogecoin Community Announces “Pepe Coin is No Longer Active”

• Dogecoin millionaire proclaims PEPE is dead.
• This comes after the recent decline in Pepe Coin’s price.
• PEPE has decreased by over 71% from its peak value.

Meme coins, often featuring popular animals like cats and dogs, have been a staple in the cryptocurrency landscape. Pepe Coin, a newcomer in this field, has recently emerged, attracting attention with its remarkable price movements. Early investors in Pepe Coin experienced significant profits ranging from hundreds to millions of dollars.

Nonetheless, the trending meme coin has fallen by 71.6% since reaching its peak of $0.000004354. Additionally, PEPE has dropped by 8.9% in the past 24 hours. In light of the declining prices, a former Dogecoin millionaire and DOGE whale wallet has reacted to the downward trend of PEPE’s value.

Um $pepe https://t.co/Nr9bzRQCtO pic.twitter.com/RAIDJPaJU9

— Ðogecoin Whale Alert (@DogeWhaleAlert) May 30, 2023

Dogecoin millionaire claims PEPE is officially dead

Glauber Contessoto, commonly known as the “Dogecoin millionaire,” has recently taken to Twitter to declare that Pepe Coin is officially dead. In response to Contessoto’s statement, the Twitter user “Crypto Jesus” reacted unexpectedly, expressing a desire to buy some PEPE. He compared the “Dogecoin millionaire” to Jim Cramer, the famous host of CNBC’s Mad Money and a noted critic of cryptocurrencies.

$PEPE IS OFFICIALLY DEAD

— SlumDOGE Millionaire (@ProTheDoge) May 30, 2023

Interestingly, Cramer has recently shifted his perspective, moving from being a supporter of Bitcoin to criticizing not only Bitcoin but also other major cryptocurrencies.