% 2.73
BTC Dominance:
% 0.21
Market Cap:
$2.53 T
% 1.90
Fear & Greed:
76 / 100
$ 67.533
BTC Dominance:
% 52.9
Market Cap:
$2.53 T

PEPE Team Issues Statement Regarding Recent Events!

pepe team issues

The team behind the Pepe project has issued a statement regarding the contract issues.

The statement from Pepe team has had a somewhat reassuring effect on the contract-related issues. Pepe had raised concerns among both investors and the memecoin market, primarily due to internal disputes within the team, especially related to the multisig address.

However, the announcement made in the early hours of today has helped alleviate these concerns to some extent. The team attributed the root cause of the chaos within the project to the inconsistent efforts of three individuals within the company and announced their departure from the project. With this statement, Pepe started to gain value, experiencing a 13% increase.

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Furthermore, they stated that to prevent such situations, they have reduced the required number of signatories for the multisig wallet from 8 to 2. They have placed the multisig wallet, containing a total of 10 trillion PEPE, under the management of a single signer, emphasizing that they have entrusted the wallet to trustworthy hands.

Other team members have issued a statement indicating that it has become evident that some malicious and ambitious members have been causing harm to the Pepe (PEPE) altcoin project since its inception. They highlighted that these members, who had a negative impact, are no longer part of the team, as they were found to have obstructed the project’s progress from its beginning.

A remaining team member specifically emphasized that they never held the sold tokens as intended and that they have securely preserved the remaining tokens. Additionally, they stated that PEPE‘s Twitter account is still under the team’s control and management.

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