PEPECOIN is a memecoin very similar to Dogecoin and shiba-Inu, which do not offer any intrinsic project, it is just a cryptocurrency mounted on a network with some applications and wallets that aim to promote a fetish image or a speculative image or token Pure, you I explain a little in this article what a meme coin is about and why it looks so much like a RUG PULL.
One of the strongest concepts of a capitalist system consists of speculating, and that is different from investing, when investing in profitable projects in the future, risks are assumed, but speculating is a game of chance that can go Good or it can go Bad and this It is not Risk, but Risky, now because Meme coins are so attractive to this type of speculators, and the answer is QUICK PROFITS.
The fetish of capitalism is well known, which is to turn anything into a market object and pay a fanatical cult to it through speculation about it; Thus, large scams have been carried out such as the Meme del Caracol, among other products of speculation to obtain a Meme-type asset, with no intrinsic value other than that of the VAULED CONFIDENCE, thus many working people get their money out of the pocket day by day, with the sale of liquid dreams that end up being RUG PULLS.
A RUG PULL is a table sweep or carpet pull from your feet, if the rugs are pulled from your feet it means that they send you to bankruptcy or bankruptcy through the loss of value of your investment funds, in this In the case we are dealing with the coiné meme, PEPE apparently in recent days has begun to show increasingly suspicious behavior. If something moves like a Duck, it's because we're looking at a duck, so things are looking bad for PEPE.
The Main Holders of Pepe Coin have begun to exchange their assets in the centralized Cryptocurrency Finance houses and that suggests that the currency is suffering a very strong drop in value these days, the development team of this cryptocurrency seems to turn a blind eye , there are no official communications and this is giving a clear signal of a RUG PULL.
Do not set aside your retirement or savings capital to speculate on Memes Coin because it is a place where people who do not think long term but very short term participate. In the case of BTC or LTC, they may have this temporary drop in price, but in the long run they will recover because they respond to a Universal project, but Meme coins are just toys and Fetishes to deceive the unwary and innocent.
I hope this article helps you see this type of phenomenon and avoid being scammed. Happy noon and see you soon.
