Pepe memecoin frenzy gets unwanted attention from scammers By Cointelegraph

As the hype surrounding the Pepe memecoin intensifies, bad actors have started to take notice, resulting in scam attempts now plaguing the crypto space.

According to blockchain security firm PeckShield, there have been at least 10 memecoin scams created in the last three days alone. The firm detected and reported scam tokens that recently had their liquidity removed, rug-pulling investors.