
After the disastrous drop in the price of PEPE with more than 20%, a member of the team of this project, specifically from the development office, accused other of his colleagues for the drop of the token in a multi-signature wallet of the team, after After this happened, the PEPE team addressed its investors apologizing for what happened, and that they are going to take measures to recover the spaces and confidence that have been lost.
The latest drops are linked to movements of the wallets of the PEPE team, which had 6.9% of the total supply of this token, more than 16 million of this crypto were transferred to exchanges for subsequent sale, and to the wallet It was corrected by the members of the project who are showing their faces, according to them, they state that there are many internal conflicts between the members and that those who did these actions were dishonest people.
Regarding the remaining funds in the wallet, they will be burned to reduce losses, the impact of this separation was so great that even the Telegram channel also has a property rights dispute, this really seems like a fight between rude boys , even with all the apologies made by the remaining members, the investors have already lost faith in this project, I honestly do not think PEPE will raise its head in the remainder of 2023, get ready we will eat frog legs.
