The artist-creator of the green frog meme Pepe said that he did not know anything about the PEPE token. In general, he considers himself a supporter of the meme cryptocurrency DOGE.
Matt Furie posted an audio on Twitter talking about a new collection of non-fungible tokens called Zogs. When asked about the Pepecoin token, the artist said he didn’t know anything about it.
In recent weeks, the Pepecoin meme token has become very popular. A few days ago, the capitalization of PEPE exceeded $1 billion. However, on May 8, the PEPE rate fell by 47%, and now the capitalization of the token has decreased to $767.4 million.
Pepe’s character first appeared in the Furie’s Boy’s Club comic, and then the image of the frog began to be used as a meme on the Internet, including by various political groups. In 2017, Fury destroyed his green character, frustrated that he was considered a symbol of hatred and associated with the far right.
The artist has a story related to the ban on the use of Pepe in the NFT. Previously, the OpenSea marketplace was forced to remove Sad Frogs District collectible tokens, which had a trading volume of about $7 million, after receiving a complaint from Fury.
Recently, crypto enthusiast and owner of the YouTube channel Bitboy Crypto, Ben Armstrong, was skeptical about memecoins, saying that sooner or later they will all collapse to zero. At the same time, he made a reservation that Dogecoin would not suffer this fate.
Source: Cryptocurrency
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