Thread by @CryptoKoryo

I got curious about the $PEPE project and how it was born.
So I did some investigations.
Here is what I found.

1. Exactly three weeks ago, on 30th of March, the web domain pepe.vip was registered. Using WIX.

2. On 4th of April, the Twitter account pepecoineth was created.
After a first tweet, no activity for 10 days.

3. Then on 14th of April, creation of Telegram group and the $PEPE is created and it's listed on dextools.io.

4. In crypto, everything happens on Twitter. So here are the first mentions of $PEPE from influencers. On 16th of April, two days after it was listed (You need to let 2 days for insiders to buy).

5. The shilling continues, until two days ago, it became trendy on Twitter.
Bringing around 35k followers to the account in just 2 days.

6. Naturally, the price started to pump (a lot) as soon as it spread on Twitter. With retail fomoing

7. Here are, in order, the 20 first wallets with ENS domains that bought $PEPE shortly after it was listed:
complainooor.eth
squigs.eth
zerich.eth
dimethyltryptamine.eth
irresponsible.eth
*🍐🍐🍐.eth
dousan.eth
stevespurrier.eth
sendboobs.eth
grooove.eth
cybergenesis621.eth

*مرحبابالعالم.eth
betdeeznuts.eth
it4i.eth
mazo.eth
zaybles.eth
yeeticus.eth
rootslashbin.eth
sauropoda.eth
gaksplat.eth

8. Regarding it's future potential, it actually reminds me of $BONK, the Solana memecoin that trended for one week last December. And here is its PA.
I expect a similar pattern for $PEPE

9. To conclude, remember insiders own 10% of the supply on that illiquid shitcoin.
They are already millionaires, up 1000x out of thin air. They could dump at any point.

I wouldn't touch it personally at this point.

Thanks for reading.

Give me a follow @CryptoKoryo for more.

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