New Coin Listing PepeHub Explodes 35,000% on Uniswap – PEHUB Top Crypto Gainer on DEXTools

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James Spillane

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James Spillane

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October 23, 2023 06:04 EDT

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PepeHub (PEHUB), has exploded onto the top crypto gainers list on DEXTools – is it legit though?

Within just five hourly candles, $PEHUB pumped over 35,000% and is currently the top daily gainer, with $CENA and $AK in the #2 and #3 spot.

Pepe2.0 (PEPE2.0) is also up 70% in the past 24 hours.

Update – PepeHub was a fake token imitating another project, and later rugpulled.

🚨 #PEPEHUB #PEHUB SCAM TOKEN ALERT! RUG PULL! DO NOT GO NEAR IT
scam token address: 0xc3c51c071e5f1eca09575ac35e90956ae3b27311 #memecoin #memecoins pic.twitter.com/q6UINFImYD

— Jacob Crypto Bury (@BuryCrypto) July 3, 2023

What is PepeHub Token? Is it Legit?

This new crypto asset is not yet listed on CoinMarketCap, and the only PepeHub social media account is for a separate project on the Binance Smart Chain – @PepehubBSC.

View the PooCoin chart here – that $PEHUB token was listed on PancakeSwap on July 2nd.

However the $PEHUB trending on DEXTools – view the chart here – was listed on Uniswap on June 27th, and pumped today, July 3rd.

Traders should exercise caution buying any new cryptocurrency asset on decentralized exchanges as fake tokens, copycats and scam projects are common.

At the time of writing, $PEHUB has a DEXTscore of 94/99 and a 50% community trust rating based on 4 votes.

The $PEHUB DEXTools description is identical to that of the BSC project, that began as a presale on Pinksale.finance:

‘PepeHub exists to provide convenience in social media for crypto enthusiasts and especially for $PEPE lovers.’

https://www.twitter.com/PepehubBSC/status/1674607616364892162

The PepeHub coin logo is also the same on DEXTools as the @PepehubBSC Twitter profile pic.

On Token Sniffer, the DEXTools PepeHub token is currently pending review.

Neither PepeHub crypto asset is listed on CoinGecko or CoinMarketCap, other than automatic listings of the two pairs.

Currently the PEHUB/WETH pair on Uniswap has $480k liquidity, and the PEHUB/WBNB pair on PancakeSwap has $5.4k liquidity.

Update – PepeHub has now rugpulled, crashing to zero.

$PEHUB Alternatives

See our guide to the best new cryptocurrency assets to invest in, that may be safer than entering a position on a DEX token already up tens of thousands of percent in the space of hours – and a possible scam.

We’ve also reviewed over a dozen crypto presales and pre-ICO projects yet to be listed on exchanges, offering the lowest entry point.

^{Disclaimer: This section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.}