- PEPE fans organized boycott trends as #DELETECOINBASE.
- Coinbase’s top lawyer issues an apology on Twitter.
- PEPE token sinks 32% in a day, dropping out of TOP 50.
The second largest American crypto exchange Coinbase is facing immense backlash from PEPE memecoin fans. The coordinated attack on Coinbase and the company’s CEO Brian Armstrong took off when the exchange labeled Pepe The Frog a “hate symbol” that allegedly represents far-right extremist movements, linked to racist, sexist, and homophobic cults.
Naturally, this perspective infuriated $PEPE holders on Twitter. Soon after the newsletter went live, a group of $PEPE holders organized a coordinated attack against Brian Armstrong. After a flurry of memes portraying Brian Armstrong as a colorful clown with a big red nose, After a flurry of memes portraying Brian Armstrong as a colorful clown with a big red nose, the $PEPE community repeatedly…
