Dogecoin Whales Accused of Using Bots to Spread FUD About Rising Competitor, PEPE Token. Read more on Coin Edition.
- Cryptocurrency influencer alleges Dogecoin whales use bots to spread FUD about PEPE token.
- PEPE’s price reaches a new all-time high, outperforming Dogecoin and Shiba Inu in trade volume.
- Large wallet investors continue to accumulate PEPE despite the alleged FUD campaign.
Amid the growing popularity of PEPE token, cryptocurrency influencer ExitLiquidity454.eth has accused Dogecoin whales of spreading fear, uncertainty, and doubt (FUD) about the new meme coin. The influencer shared screenshots of bot accounts on Twitter urging people to swap PEPE tokens for Dogecoin and even claiming that PEPE’s value will “tank” and investors won’t have a chance to liquidate their holdings. The influencer wrote: