KEPE Token and Its Downfall
The Story of a KRC20 Token’s Rise and Fall
From Early Hopes to Disillusionment, the KEPE Token’s Legacy Lives On Through QEQE
The Rise and Fall of KEPE: A KRC20 Token’s Journey
KEPE was a promising KRC20 token, launched with high hopes by Kalum & Company. The token was initially available to early investors through a premint phase, where participants expected to benefit from its future success. The community was excited, and everything seemed on track for KEPE to thrive.
However, as the token’s market cap reached a certain level, Kalum made a shocking decision. Despite holding 8% of KEPE from the very beginning, Kalum chose to “rug pull” the project. This meant that, once the token gained value, Kalum cashed out his holdings for personal profit and severed all communication with the community. This left many investors and supporters feeling betrayed and confused.
Despite the setback, one dedicated community member, Epeius, worked tirelessly to uncover answers. Epeius reached out to Kalum and other team members in an attempt to understand what happened. Unfortunately, the responses were sparse and unhelpful, leaving the community in limbo.
A New Beginning: The Birth of QEQE
As the original KEPE project faltered, the community decided to take matters into their own hands. They launched a new token called QEQE, moving forward with their hopes intact and a renewed sense of purpose. The community rallied behind QEQE, leaving the failed KEPE token in the past and focusing on a brighter future.
Kalum, meanwhile, admitted that the 8% he held wasn’t the only portion at stake — other team members were also involved, holding 4-8% each. However, these individuals also stopped responding to inquiries. Kalum himself became increasingly defensive, even rude, when confronted about the project’s downfall.
Kalum’s Return: The Ghostdagzz NFT Project
Months after the KEPE debacle, Kalum resurfaced in the Kaspa server, discussing his past mistakes and offering insights into his new venture. He acknowledged his missteps with KEPE and expressed his belief that his next project, Ghostdagzz — a KRC721 NFT collection — would be a success. Kalum encouraged people to invest in this new project, claiming to have learned from his past errors.
KEPE’s Legacy: Lessons Learned and a New Token Emerges
Though the KEPE project is now a cautionary tale, its legacy lives on. The community’s shift to QEQE and their resilience in the face of adversity demonstrate their determination to move past the mistakes of the past. The story of KEPE serves as a reminder of the risks involved in the volatile world of crypto, but also of the potential for new beginnings.
For more details about the KEPE token, visit the link below:
https://kas.fyi/token/krc20/KEPE
QEQE’s Rise – A future for community:
https://kas.fyi/token/krc20/qeqe
From KEPE’s Downfall to QEQE’s Rise — A Community’s Resilience in the World of KRC Tokens.
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