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**PEPE Pauses as Group Signals Compromised X Profile**
The frog-inspired digital currency PEPE has been trending downward since it achieved its record high of $0.00002825 in early December of 2024. Since that high point, PEPE has decreased almost 75%.
This sell-off occurred at the same time as a negative death cross appeared on charts in February. PEPE then reached its lowest values since August of 2024 this week.
More generally, PEPE’s value has been stagnant in recent days after reaching a low of $0.00000627 on March 4. Since that time, PEPE has varied in a tight range between $0.00000627 and $0.00000736.
At the time of this writing, PEPE has increased 4.11% in the last day to $0.0000072, bouncing back from yesterday’s sell-off.
Digital currencies decreased significantly on Thursday as traders responded to the feeling that the United States has no immediate strategies to acquire Bitcoin, along with general weakness in the stock exchange.
Some digital currencies such as PEPE are displaying indications of recovery, while others are still trading negatively.
**PEPE’s X Profile Compromised?**
In a post yesterday, the group supporting the well-known meme coin PEPE cautioned the community that its official X profile had been hacked. They advised users to ignore all links and posts from the profile until further updates.
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Digital networking sites represent principal means of correspondence for cryptographic enterprises, and this intrusion has predictably alarmed backers. Considering the background of deceptive schemes and fabricated reports stemming from jeopardized profiles triggering considerable monetary setbacks within the cryptographic sphere, dealers and proprietors must exercise heightened caution.
Currently, the PEPE group has not verified their retrieval of command over their X profile.
The cryptographic populace is keenly observing this situation, anticipating a formal declaration from the PEPE group. We implore the PEPE populace, along with the expansive cryptographic domain, to maintain attentiveness and refrain from engaging with any dubious elements until sanctioned correspondence reverts to its customary state.
