Investors Struggling to Trade Mpeppe Tokens After Claim Portal Launch
Mpeppe, a blockchain-based casino project, has started distributing 25% of the tokens owed to its investors, but many are facing liquidity problems. Despite successfully claiming their tokens, users are unable to trade them due to a lack of liquidity, primarily on platforms like Uniswap.
Allegations of Fraud from Earlier Presale
The latest distribution follows allegations from August, where Mpeppe was accused of holding a fraudulent presale. Investors claimed they had paid in cryptocurrency but were not issued the corresponding tokens. Blockchain data from that time revealed that tokens were stored in a single wallet with no signs of movement, raising concerns among investors.
Claim Portal Requires Personal Details
The claim portal, which allows users to access 25% of their tokens, does not ask for cryptocurrency addresses but instead requests personal information, such as phone numbers and email addresses. While over 700 users have successfully claimed their tokens, the inability to trade them has left many feeling frustrated.
Future Plans for Mpeppe Amid Concerns
Mpeppe has also announced future projects, including a Telegram-based gaming platform and an online casino where users can place bets using the Mpeppe tokens. However, the liquidity issues must be addressed in order for the platform to regain investor confidence and ensure long-term success.
