Pepe Coin price tanks as strange multisig changes generate FUD; two other meme coins to watch

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Pepe Coin price tanks as strange multisig changes generate FUD; two other meme coins to watch
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With Pepe's future uncertain, two new meme coins are looking to take the spotlight – Wall Street Memes (WSM) and Sonik Coin (SONIK)

at the time of writing, the lowest since June 15.

Unfortunately for PEPE bulls, this could be a challenging task, given the surprise changes made to the team's multisig wallet on Thursday. Moreover, sending tokens to exchanges right before this change has only exacerbated fears that the developers are looking to cash out their holdings, potentially leaving other investors in the lurch.- equating to $9.3 million.

The WSM presale has raised over $25 million – making it one of the most successful meme coin presales of 2023.As noted in, the development team has reserved no WSM tokens for themselves, with 30% of the total supply set aside for community rewards .

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