You’ve likely seen the viral claim:
Someone allegedly turned $27 into $67,000,000 in $PEPE … but can’t sell because the devs froze the wallet.
Scary? Yes.
Convincing? Maybe.
True? No.
Here’s what actually matters 👇
PEPE’s smart contract is fully renounced
❌ No blacklist function
❌ No wallet freezing
❌ No hidden dev control
If you hold $PEPE , you — and only you — control those tokens.
So where did this myth come from? 🤔
Most of these “frozen wallet” stories usually trace back to:
🧊 Illiquid wallets (huge balance, no exit liquidity)
🏦 Exchange or contract-owned wallets being misread
🪤 Confusion with scam meme coins that do have blacklist mechanics
Same chart. Very different reality.
The takeaway isn’t “PEPE can lock your funds”
The real lesson is sharper than that:
👉 Verify the contract, not the tweet
👉 Study liquidity, not just market cap
👉 On-chain data > viral captions
Crypto moves fast ⚡
But it punishes ignorance even faster.
Before you believe the next horror post,
check the chain — not the timeline.
