NFT News Official TheBitTimes.com

Meme coins have become more prevalent than ever. The crypto industry has been welcoming an array of new meme-inspired tokens lately. Looks like dog-inspired meme coins are no longer in the news. With PEPE’s surging popularity, the “frog” seems to be highly sought after at the moment. But in addition to this rise, the risk of fraudulent meme coins has caused fear among many. Recently, it was revealed that more than 14 deceitful meme crypto coins were introduced to the market, all within the span of the last three days. This information was shared by PeckShieldAlert on Twitter, bringing attention to the emergence of such scams in the crypto industry. #PeckShieldAlert The serial rugpull gang has consistently created another ~14 #scam #MEME Tokens within the last 3 days, such as 2 #PEPEPE, #LADYS, #BENZ, #GGBOND, #BENEN, #NEWPEPE, #PEN, #TURBOO, #PEPELOL. The scammers have already transferred around 12 $ETH into #MEXC and hold… https://t.co/oaLPNtGCcx pic.twitter.com/atCmvdT3X6 ...

Pepe Coin has seen a meteoric rise over the past month. Being created just last April, it profited from a bull run relatively early, with investors drooling over the meme coin. Currently, Pepe is trading at $0.000001664, according to CoinMarketCap. After May 5, the coin began to fall back to earth from a huge rise and is currently down 8.43% in the last 24 hours. However, holders still carry hope. Can Pepe coin ever reach $1? Let’s analyze previous Pepe coin Price Prediction s and decide. Source: CoinCodex Can Pepe Coin Reach $1? Looking far, far, far, and another ludicrous amount of far’s ahead, Pepe Coin can possibly reach $1. Unfortunately, that is a very long wait away. Pepe has yet to creep to the $0.01 milestone, and it’s not too close yet, hence why we are still time away from the frog coin reaching one dollar. The event of a new meme coin reaching a cent, let alone a dollar, is unheard of at this rate. One can’t just rule out possibilities though in crypt...