PEPE AI Scamcoin ?

[MAAManda]

I don't know for sure about the Pepe AI (PEPEAI) project, for that reason, I want to ask you, have they done any fraud?

We can categorize a project as a scam project when the project has committed fraud in crypto, if a project has not committed any crime against their community, then we cannot say that the project is a scam project. But you need to remember that investing in meme tokens is not the right choice, so be careful when investing there.

Maybe what is meant is this PEPE AI token > https://coinmarketcap.com/currencies/pepe-ai-token/ ?

I've never heard of the PEPE AI project committing a fraudulent crime, is it possible that what the OP meant was fraud because the price kept dropping?

The token you mentioned is the token the OP was referring to, because it's the only token registered with CMC under that name. I'm not sure what the OP meant by scam was about the price gradually dropping. I believe he just wanted to ask if the token has a potential scam in the future? and want to know the POV of people in the forum. Coins or Tokens without a clear utility will be useless coins/tokens in the end, all of us know that, so it's better to stay away from these kind of tokens, because they only ride the waves with the aim of profiting from the waves.

[TastyChillySauce00]

I've looked at the website and have seen it on Coin Gecko. I think token memes with a price of $0.00000xxx have the potential to be scams and cheats. Maybe for now there is no notification or investigation about that but I think it's better for us to be careful.

The price is always going down gradually. There's no reason to buy or even invest in this piece of shit. pepe is the only token that could be trusted. Any new generation of pepe after the real pepe being created was just a scam that already made by the scammers.

People must be so careful with so many clone tokens these days. These clone tokens being used by scammers to get money from dumb people.

[dlightag]

The moment a particular coin start trending in the cryptocurrency market, scam coin we coin into market with a similar name, which is very bad, and is always occur in meme coin's, and what difference is the Smart contract, mostly for Dex exchange platform, which makes many people fall victim of buy wrong coin from dex, without using Smart contract to search for the particular coin in the dex platform.

[Victorik]

If you ask me, I will tell you only time can tell really. Fact is that smart Dev are riding on the wave of Pepe to create every kind of tokens with different nomenclature. But, you can't really tell their intentions, but time will reveal their true intent, whether good. So, you can't jump into conclusion that it's a scam.

[maydna]

If you ask me, I will tell you only time can tell really. Fact is that smart Dev are riding on the wave of Pepe to create every kind of tokens with different nomenclature. But, you can't really tell their intentions, but time will reveal their true intent, whether good. So, you can't jump into conclusion that it's a scam.

We must be aware of this because the developer is trying to lure investors into investing in the project. In addition, with the Pepe token trend, many developers want to benefit by creating projects that use the Pepe name in their projects.

And we also don't know which project will be a scam because many projects use Pepe's name and try to attract investors to his project. If you don't want to lose big, don't invest in Pepe tokens with a lot of money.

[Wexnident]

Is the PEPE AI scamcoin or another memecoin ?

I'd reckon it's safer to just stay away from coins that use "PEPE" on their name, at least for now. I reckon a lot of projects are trying to take advantage of it's name and try to lure newbie investors from investing to the og pepe memecoin (which is also as bad as any scamcoin really) to theirs instead. If you really want to invest on it, just do it for like a very short term, if you've profited enough then pull out, I don't see any reason to risk to maximize your gains, any gain is a win imo.

[Victorik]

If you ask me, I will tell you only time can tell really. Fact is that smart Dev are riding on the wave of Pepe to create every kind of tokens with different nomenclature. But, you can't really tell their intentions, but time will reveal their true intent, whether good. So, you can't jump into conclusion that it's a scam.

We must be aware of this because the developer is trying to lure investors into investing in the project. In addition, with the Pepe token trend, many developers want to benefit by creating projects that use the Pepe name in their projects.

And we also don't know which project will be a scam because many projects use Pepe's name and try to attract investors to his project. If you don't want to lose big, don't invest in Pepe tokens with a lot of money.

You are very correct. I am sure that it's mostly newbies that will fall for this old trick. I have seen a handful of tokens with the name Pepe this and Pepe that. And I can guarantee you that most of them will end up running away with investors money.
For me, I like following trends, so, I always put what I can afford to lose and not lose my sleep.

[timoshani]

Is the PEPE AI scamcoin or another memecoin ?

I see some problems with this memecoin. Because many subspecies of Pepe have appeared. The last SpacePEPE was given for a domain on BNB. A lot of just pure scams. It seems to me that the idea of PEPE is a one-time action.

[dragonvslinux]

Just for reference sake there are quite a few Pepe-deiviates right now with more popping up every week it seems. Pepe AI is one of them, there is also Pepe Coin $pepecoin that launched recently as well as Memetic / Pepe Coin $meme that actually launched back in 2016 ironically. Not forgetting the non-notable mentions such as PepePAD, PepeSOL and Saudi Pepe to mention a few.

None of them have anything to do with the recent Pepe meme coin but instead trying to capitalise on it's recent success and like $Pepe itself, are probably best avoided.

[wheelz1200]

Is the PEPE AI scamcoin or another memecoin ?

If you mention any memecoin and if it's a scam the answer is probably yes.  Well scam might be a stretch but most certainly just a cash grab leaning in on the greed around memes.  If you have to name your coin after another coin that has done well in the charts lately its most likely just another useless, pay no attention to it token/coin

[dunfida]

Is the PEPE AI scamcoin or another memecoin ?

I did make out some investment on pepeAI not on that PEPEAI (CAPS difference)

Tending to look back on their pinksale.
https://www.pinksale.finance/launchpad/0x19f60616e86EA61f4d31D24256A36b1a72710d69?chain=BSC
https://www.pinksale.finance/launchpad/0x45dfCD73398F4D9Ae76843f9e76d1784a6ccdDa0?chain=BSC

One had already launched and make out some good price movement and the recent one (which i did invest) It did get that 10k BNB pooled funds
plus having 15k holders on that time which i do really have high hopes that it is really getting that huge community support.
But guess on what happened? Starting on 5M cap, then it drops down to the ground and ending up on being a rugpull. LOOOOL!

[bittick]

meme coin in general are always close to scam, you should observe their tokenomics and see if there's something wrong but the thing is I can be sure that so many of them are just outright generated for the sake of quick profits so you could expect what you gonna get if you invests on them.

[Psynthax]

why you don't just invest in original pepe it's most definitely far better than these so called PEPE ai if you're so worried about getting scammed because the risk of getting scammed with all these coin following the name of some popular and famous meme coin are quite high actually.

[JeffBrad12]

always see their smart contract if you have glimpse of doubt using something like dextools usually they have feature to automatically review the smart contract and whether it could be rugpulled, sometimes devs are doing some underhanded tricks in order to make some rugpulls like giving some odd feature to the smart contract which gives authority to the devs, even the devs didn't renounce ownership.
usually the meme coin that could be scam are the ones that have too much feature in their smart contract like minting, and even blacklisting in which kinda speaks that the developer have something in their mind.

[Silberman]

PEPE itself wasn’t a scam coin but all the PEPE AI and PEPE2 and PEPERONI etc are all scams. You can see how these new tokens get deployed and they get listed on Uniswap and trade for a few hours and then usually the dev ends up rugging them.

I think I found 20 tokens today which were newly created and many of them were rugged immediately pretty much. It seems the meme token rush is dying, especially with PEPE crashing right now.

It is the same story over and over again, and I am not so sure how many times people are going to need to watch the same movie so they can guess the ending, when a coin like PEPE pumps, it may seem to give the impression that such a movement is going to last forever and people will always make money regardless of the price at which they bought, and this is great but this lasts only for a short while, and once the smart money decides they got enough money already they will begin to sell and that is when a huge dump follows and the massive losses will begin to accumulate.

[bussybuddy]

Is the PEPE AI scamcoin or another memecoin ?

I can say that this is a scam coin because it just takes advantage of the buzz that PEPE has created as well as hitting some prominent trends like AI, things like this appear a lot in the memecoin environment, and indeed many newbies are just following information drawn from scammers who want to manipulate the behavior of newbies and give false views about knowledge in this market. They hit the greed for profit, use the investment label to cover up gambling or multi-level behavior, an environment with too much knowledge will ratify dangerously for individuals who just come and start with financial capital. , perhaps newbies really need to take a closer look at their own behavior before acting and don't depend on anyone in this environment.

[isaac_clarke22]

Is the PEPE AI scamcoin or another memecoin ?

Well it is Pepe the Frog, so I guess you have your answers already from that. I would not trust my money on something that's  purely for entertainment. I want my money to be led on something that's really indeed serious and not purely for laughs.

Doge was like the best and the least of the coins that I planned to invest at back in the days but good thing I did not push it.

why you don't just invest in original pepe it's most definitely far better than these so called PEPE ai if you're so worried about getting scammed because the risk of getting scammed with all these coin following the name of some popular and famous meme coin are quite high actually.

Even in original Pepe, I would not even invest to it.

[tygeade]

The moment a particular coin start trending in the cryptocurrency market, scam coin we coin into market with a similar name, which is very bad, and is always occur in meme coin's, and what difference is the Smart contract, mostly for Dex exchange platform, which makes many people fall victim of buy wrong coin from dex, without using Smart contract to search for the particular coin in the dex platform.

Yes, scam coins can bring a bad image in crypto and people will who knows less about them will think that all cryptos are a scam. It is also the fault of some exchange because they allow these scam coins to be listed on their platform. They only think about their selves and they let the newbie investors lose.

When we invest, we must check carefully everything especially the contract address of the coin. We can search it and see if the coin is in a correct chain because fake coins are often listed on other cheaper chains like bsc. Even if this pepe ai is not a scam coin, say it's only another meme coin, I won't still be tempted to invest on them.

[Mpamaegbu]

why not invest in original pepe instead of this pepe copycat, i'd say they are better than this significantly.

You would've done well by supplying a link to the "original" Pepe on the CMC or so. That will enable those interested know easily what you're referring them to and where to go to. By the way, are you be chance referring to PEPE (Ordinals) as the main Pepe? I did check that and discovered to my dismay that the project doesn't have any social media handle, not even a common thing as a Telegram handle.

[Jody.Drummer]

For now if you really want to make huge profits they are a decent place to be but that's in the past I think in terms of hype because right now it's probably just going to be something that's just like any other meme that relies on a quick pump and dump.

If indeed you are still sitting there I think getting out of now is a good thing if you really don't want to get another loss because their current condition is clear when the previous hype was too high then we have to be aware that there is a high probability of a very severe dump that will occur after the increase significant.