PEPE Price Nosedives 20% as Meme Coin’s Founder Gets Doxxed

Measum Shah

Business Services

PEPE Price Nosedives 20% as Meme Coin’s Founder Gets Doxxed. In the ever-evolving landscape of cryptocurrency, where trends and memes hold significant sway, the recent turmoil in the world of digital coins has taken an unexpected turn. The cryptocurrency community was left stunned as the price of PEPE, a popular meme coin, plummeted by a staggering 20%. This drastic dip in value came hot on the heels of a controversial event – the doxxing of PEPE’s elusive founder. In this article, we delve into the details of the incident, its impact on PEPE’s value, and the broader implications it raises.

The Meme Coin Frenzy and PEPE’s Emergence

Riding the Meme Wave

Meme coins have become a tantalizing prospect in the cryptocurrency market, capitalizing on viral trends and internet humor. These coins, often created as satirical alternatives to established cryptocurrencies, ride the coattails of internet sensations to gain popularity. PEPE, named after the ubiquitous frog meme, was no exception.

The PEPE Phenomenon

PEPE emerged as a meme coin that garnered attention due to its meme-inspired branding and community engagement. The coin’s website sported the iconic frog in various poses, inviting users to join the “Pepe Frog Fam” and invest in the cryptocurrency. As with many meme coins, its value was volatile, with rapid fluctuations driven by social media trends and market sentiment.

The Shocking Revelation

Unmasking the Founder

The cryptocurrency world is no stranger to anonymity, with many founders operating under pseudonyms. PEPE’s founder had maintained a shroud of mystery, which was shattered when an unknown individual doxxed them – revealing their real identity and personal details. This revelation sent shockwaves through the PEPE community and beyond.

Trust Erosion and Market Reaction

The revelation of the founder’s identity led to a severe erosion of trust among investors. The core principle of many cryptocurrencies is decentralization, and the doxxing incident contradicted this ethos. As news spread, panic ensued, triggering a rapid sell-off of PEPE coins. This mass exodus from the coin caused its value to nosedive by an alarming 20% in a matter of hours.

The Ripple Effect: Implications and Analysis

Founder Vulnerability and Community Fallout

The incident underscored the vulnerability of anonymous founders in the cryptocurrency space. While anonymity can protect creators from personal attacks, it can also facilitate unethical behavior. The doxxing incident revealed the personal risks associated with founding and leading cryptocurrency projects.

Investor Skepticism and Regulatory Scrutiny

PEPE’s price drop exposed the fragility of meme coins and the skepticism they face from more traditional investors. As meme coins operate largely on hype and social media influence, they are particularly susceptible to sudden price fluctuations. This incident may prompt regulatory bodies to scrutinize meme coins more closely, potentially leading to stricter regulations.

Navigating the Aftermath

Rebuilding Trust and Resilience

In the wake of the doxxing incident, the PEPE community faces the arduous task of rebuilding trust. Transparency, clear communication, and a renewed commitment to the project’s ideals will be essential in regaining investor confidence.

Learning from the Experience

The PEPE incident serves as a cautionary tale for both cryptocurrency founders and investors. Founders must carefully weigh the benefits of anonymity against the risks, while investors should approach meme coins with a healthy dose of skepticism and due diligence.


The world of cryptocurrency is often marked by unpredictability and rapid change, and the PEPE incident is a stark reminder of this reality. As meme coins continue to capture the imagination of both the crypto community and the broader public, it’s crucial to tread carefully and be aware of the potential pitfalls. The PEPE founder’s doxxing and the subsequent price nosedive highlight the delicate balance between online culture, market dynamics, and the need for responsible leadership.


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