Here’s the key difference, guys: rumor vs. confirmed fact

- So far, there has been no official announcement from Pepe’s verified account confirming a massive burn of 70% of the total supply → it’s a rumor circulating on social media (it could be confusion with previous burns or another version/clone of PEPE)

​- A real burn confirmed in the past: In October 2023, the team burned 6.9 trillion #PEPE (a small fraction of the total supply, not 70%), and the price rose after the news

🤔 Why is this rumor circulating?

1. Confusion: Some people confuse “burning 70% of the tokens held in the team’s wallet” with “burning 70% of the ENTIRE supply” (they’re VERY different things)

2. Social media groups spread the rumor to generate hype and attract buyers before selling

3. Confusion with another token of the same name called Pepe, which did announce a major burn. Nothing is verified, guys. Why do you think these fake news stories are circulating? I’m reading your comments #informate #pepe