Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. The groupโs featured image is of a Pepe frog yelling, often referred to as the โREEEEEEEโ meme. Pepe the Frog was created back in 2005 by Matt Furie and has since become an internet symbol for meme culture and โdegenโ culture. Over 33,000 people sent out over 1,000 doxxing messages in the group. Although the administrators tried to delete all of the messages, the posting speed was far too much for them to keep up. Co-founder of NFT renting protocol Rentable World emiliano.eth shared the group Tuesday morning on Twitter, calling out the "degenerate" community, or crypto obsessives that engage in high-risk trading.
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