New trend PEPE ? Seems many projects Launching with PEPE Names.

[justdimin]

Ofcourse they are riding the hype. Same thing I have observed with NFTs having names and concepts related to 'APE', since it is one of the projects which generated huge profit.
(....)

This way also most scammers are up to. Because when they do this, people will be easily lured because that's what is trending now, it's easy for them to find the target.
This is the same situation that happened before about dogecoin, which most of other chains before got an animal coin just like dogecoin, so it's simply a copy-paste coin.

Scammers do this with everything, we have see them create coins exploiting the fame of television shows, famous people and even religions, with this in mind it is not surprising at all they take advantage of the success of other projects to try to get the money of naive investors.

But the worst part is those naive investors keep falling for it, they read those developers were supposedly involved on that project or they read the recommendations being given by telegram bots and they believe them, and unfortunately once they decide to invest in a project like that there is no turning back and their capital is basically lost at that point.

I have no problem if they exploit the fame of television shows or famous people but religion seriously? I think they are crossing the line too much. Those people have no respect anymore. There are some people who can do anything only for the sake of money and earning more of it. I hope those people will get a bad karma for disrespecting the sacred religions.

I wouldn't put all the blame in the newbies because if there are no scammers, I don't think a newbie will be misguided and lose their money in a unpleasant way. Developers are the ones who create a coin so they are involved with a project. Unless if you mean other developers from other projects? Once we invest in a scam project, we can still sell early before it drops more. That is the only thing that we can do.

[bittick]

it's just trend in order to gain and even ride the trend, but it seems this trend will never end, much more like the fact that until this day many are still using inu and shiba to add to their meme coin name. I guess this would be the same too in this case.

[barlo357]

Have you observed the significant number of project launches featuring the name "PEPE"? If you check the recently added list on CoinMarketCap, you'll notice that approximately 90% of the project names include "pepe." Lately, meme coins have been experiencing a remarkable surge in market capitalization. What are your thoughts on meme coins and the prevailing trend of pepe-related projects? Personally, I wasn't initially a fan of meme coins, but it appears that they have gained considerable hype. I'm curious to know your opinion on meme coins as well. Have you invested in any of them?

Same as the Safemoon before where most of the memecoins has a "Safe" prefix. Those unknown people who made meme coins with same pattern are too desperate to convince people that it would make the same run as the original "safe" coin.

The best not so legal thing to make money here is to ride the trend and be smarter than other degen traders who also looking profits like PEPE, SafePepe, SafePepeInu or other shits they combined.

[goaldigger]

it's just trend in order to gain and even ride the trend, but it seems this trend will never end, much more like the fact that until this day many are still using inu and shiba to add to their meme coin name. I guess this would be the same too in this case.

It will end because this trend is seasonal and I think its already ended as there is no hype anymore. With this meme tokens, they always take advantage of the market pump and hype their project so they can get the attention from the public. If there’s a project name already out in the market and the other created the same name, that is just a pure hype and riding the trend sooner or later it will leave the market and you will got scammed because that project is not meant to stay so be careful.

[Rasa nanas]

maybe because pepe is the most popular meme coin lately. I also experienced this in 2017. At that time there was a new project called EBTC and it held an airdrop, after the launch the EBTC token price was very high and each airdrop participant earned around $1500+. this project became the most hype new project and became the talk everywhere, and after that many new projects appeared with the name "E" prefix. I suspect that the new project featured the name pepe because it wanted to get hype fast like the meme coin named pepe.

[WalkerIVIV]

the reason being, many don't wanna spend money in marketing, or don't even have the money for marketing, so these devs that generate some meme coins could easily leech off the popularity
of popular meme coin just by using its name.

[waONE]

the reason being, many don't wanna spend money in marketing, or don't even have the money for marketing, so these devs that generate some meme coins could easily leech off the popularity
of popular meme coin just by using its name.

that's a very natural thing in the world of crypto currency, because indeed in crypto currency we can make our own cryptocurrency on condition that we have money,
but this is the danger, for example someone uses the name PEPE and we know it's fake, but PEPE also memecoin so I'm sure many people also want to buy PEPE with the desire for profit like the original PEPE,
yes this is why we also have to be careful and wise when buying crypto currency.

[mdzahed134]

I don't think this new PEPE trend will last long, it's just temporary hype, as it has been, but I'm quite happy with the presence of pepe coin, a bit of excitement in the crypto world

That’s why it’s called MEME coin, this hype will never sustain in the long run. Pepe is new trendy meme coin in the market, it’s price is going sky rocket specially when Binance listed this coin, also others a few major exchanges listed this one, it’s already top 70th ranked according to Coinmarketcap.

[Bitstar_coin]

Today it is PePe tomorrow it will be another meme with the hype, enjoy it while it last. Because of the huge hype surrounding pepe, there are many different types of pepe in the market now. Everyone of then trying to take advantage of the hype.
I think the next hype meme will be coming from the brc20 network since it is the trending topic on twitter and the crypto community.

[ultrloa]

Today it is PePe tomorrow it will be another meme with the hype, enjoy it while it last. Because of the huge hype surrounding pepe, there are many different types of pepe in the market now. Everyone of then trying to take advantage of the hype.
I think the next hype meme will be coming from the brc20 network since it is the trending topic on twitter and the crypto community.

Many scammers use those hype names to create impression that they pump the same of the coin the followed the name, but sometimes its unfortunate that they end up scamming newbies hoping to get rich easily on those meme coins so its really good to do your due diligence to research about those copied name tokens since its obvious that they exist for scamming purposes.

Newbies should prepare for upcoming shitcoin hype since for sure more like this will come and they need to invest smartly and never go to situation like they are FOMO to a hype token since this could lead to financial loss to them.

[icalical]

not a surprise, with the popularity of Doge Coin and Shiba, meme coin is now become a thing, and PEPE is one of the most popular meme so people will milk it, like how they use Elon Musk creating Elon Coin or Musk Coin. I would be far far away from those kind of coin, mostly end up in rugpull

[Rupok]

It's true that the prevailing trend of meme coins and Pepe-related projects has gained considerable publicity.  Lately we have noticed that everyone is expressing a bit of concern about pepe Coins.But it seems to me that scammers use hype names in meme coins to motivate people.I don't think real investors will be interested in these.Many cryptocurrency platforms are launching their projects by adding pepe to their names, like projects.I always consider these coins risky, so I will never be interested in them.

[Aliem Nur]

when memecoin is hype, there will always be scammers,
of course if there are 2 PEPE names you have to be careful and buy PEPE which has a high market cap,
it will be very easy to buy it on Binance because the original PEPE is on Binance.

[Amejoaquim]

I just ignore them, there is no point in trading these coins, some people might make money, some people will lose their life savings trying to chase the next lottery ticket.
it's just not worth it, this last cycle I learn to just buy the safe stuff, BTC and ETH is all you will ever need to make you rich.

[wxa7115]

Scammers do this with everything, we have see them create coins exploiting the fame of television shows, famous people and even religions, with this in mind it is not surprising at all they take advantage of the success of other projects to try to get the money of naive investors.

But the worst part is those naive investors keep falling for it, they read those developers were supposedly involved on that project or they read the recommendations being given by telegram bots and they believe them, and unfortunately once they decide to invest in a project like that there is no turning back and their capital is basically lost at that point.

I have no problem if they exploit the fame of television shows or famous people but religion seriously? I think they are crossing the line too much. Those people have no respect anymore. There are some people who can do anything only for the sake of money and earning more of it. I hope those people will get a bad karma for disrespecting the sacred religions.

I wouldn't put all the blame in the newbies because if there are no scammers, I don't think a newbie will be misguided and lose their money in a unpleasant way. Developers are the ones who create a coin so they are involved with a project. Unless if you mean other developers from other projects? Once we invest in a scam project, we can still sell early before it drops more. That is the only thing that we can do.

I know what you mean but they really have no limits, after all once they decided to earn their living at the expense of others and by ruining their lives, then it should not surprise us that they hold nothing sacred and they even use the religious beliefs of people against them.

Personally it does bother me they also use the image of famous people or TV shows, as not only they are appropriating themselves from their public image, which they do not own, but they are also damaging it, and as we know those people live out of their public image and they are receiving a lot of damage due to the actions of those scammers.

[Bolivar_Tony]

Most of the coins are scam coin and want to use the hype of pepe to gain popularity, I remember it happen with shiba, wakada etc, for me such coins should be avoid at all cost to avoid losing your money. 

[Nazmul012]

That indicates pepe is on demand now. That's why some copycat lunch project with similar name. Moreover newbies also buy those tokens mistakenly. Even I'm also experienced buying fake token instead of original. That's why we should recheck the contract number of altcoin before buy. I brought some memecoins, unfortunately wans't profitable for me. although i don't recommend any memecoin at all

[Lamkuthang]

Pepe, has become popular in the cryptocurrency world. They use viral memes to attract attention. However, meme coins can be risky because their value is driven by hype and community sentiment, not their real-world use. Investing in meme coins is unpredictable and subject to large price swings and also regulations around cryptocurrencies, including meme coins, are closely watched by the authorities. I think, Stay informed about the laws in each country.

[glendall]

Pepe, has become popular in the cryptocurrency world. They use viral memes to attract attention. However, meme coins can be risky because their value is driven by hype and community sentiment, not their real-world use. Investing in meme coins is unpredictable and subject to large price swings and also regulations around cryptocurrencies, including meme coins, are closely watched by the authorities. I think, Stay informed about the laws in each country.

Of course, as we know meme coins are very risky coins, it's better to avoid meme coins that rely on Hype and main coin fomo and if you want to buy pepe it's better to go to main coins instead of advanced coins that use the word PEPE

[podluznyj]

That indicates pepe is on demand now. That's why some copycat lunch project with similar name. Moreover newbies also buy those tokens mistakenly. Even I'm also experienced buying fake token instead of original. That's why we should recheck the contract number of altcoin before buy. I brought some memecoins, unfortunately wans't profitable for me. although i don't recommend any memecoin at all

yes, I agree with you, how can you not open a coinmarketap, and there are only the names of alcoins and nft and meme coins only with the word pepe, I myself invested in this coin and I didn’t regret it, to be honest, the price is not high, but it’s growing, so Pepe should buy today very interesting and promising for today, while all the coins coming out with the first words of pepe have not been gone for a week and are growing in the cryptocurrency market