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HomeCrypto NewsMarketPEPE coin Fake Website & Twitter Stole 3.56B PEPE Tokens

PEPE coin Fake Website & Twitter Stole 3.56B PEPE Tokens

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Phishing Alert! PeckShieldAlert Warns of Fake Pepe Coin Twitter Account and Website.

PeckShieldAlert, a top blockchain security company, has issued an urgent warning regarding a phishing site and a fake Twitter account related to the newly emerged Pepe (PEPE) meme coin. The company has confirmed that the Twitter account username (@pepecoineth_) is fraudulent, and a link, “pepecoin.vip” is a phishing website.

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Worryingly, the fake Twitter account has already gained over 11.8K followers, who are now vulnerable to a scam. Reports indicate that scammers have stolen 3.56 billion PEPE, through two separate transactions.

This news comes just days after Pepe’s debuted on April 16th, which has stunned many cryptocurrency traders with its tremendous performance. Pepe’s value has increased by over 21,000 times within three days of its launch.

Despite Pepe’s remarkable performance, many questions are being raised about whether it can replace established tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). However, David Gokhshtein, the founder of Gokhshtein Media, disagrees. In a recent tweet, Gokhshtein stated that PEPE couldn’t replace Shiba Inu or Dogecoin and is far from becoming the next big thing in the meme coin world.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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