Pepe, the memecoin that has taken crypto markets by storm this year, has recently experienced a large transfer of coins that has caused a price correction. According to a statement from the Pepe community leader, all founding members except one anonymous entity have sold their stake and abandoned the project. The lone team member has clarified that they are planning on seeing the project through and have begun reaching out to potential new team members.The statement also reveals that the tokens that were transferred were sold on crypto exchanges OKX and Binance. The team member has assured the community that the control of the Twitter account and the remaining tokens are safe and in control of someone who has the best interests of everybody and Pepe at hand.At the time of writing, Pepe is trading at $0.000000868, down by about 30% in the last week. The team member is looking forward to a future for Pepe where they can operate with the community and token’s best intention in mind and no negligent team members blocking them from doing what is best. They have started discussions with some prominent community members who will be helping them guide things forward.

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Information	Details
Geography	Global
Countries
Sentiment	negative
Relevance Score	8
People	anonymous entity, Philipp Tur, OKX, Binance, Pepe community leader, CEX wallet
Companies	X, OKX, Pepe, Binance, Centralized Exchange (CEX)
Currencies	binanc, ethereum, pepe, okx, bitcoin
Securities