PEPE Development Team Allegedly Sells $3.55 Million Worth of Cryptocurrency

IconCryptoNewsTerminal Staff28 May, 2024

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PEPE Development Team Allegedly Sells $3.55 Million Worth of Cryptocurrency

PEPE Development Team Allegedly Sells $3.55 Million Worth of Cryptocurrency On-chain data analysis platform Spot On Chain alleges that the PEPE development team's alleged address has sold 21.4 billion PEPE (approximately $3.55 million) through Binance and a decentralized exchange (DEX) within the past 13 hours. Previously, the same address sold around $2.28 million worth of PEPE in late February. Currently, the address holds 2.52 trillion PEPE, valued at approximately $42.7 million. It's important to note that these allegations have not been independently verified, and the PEPE development team has not publicly commented on the matter.