May 7 (Cointime) - Chris Blec, a crypto advocate, recently warned his 48k Twitter followers about the potential risks of investing in memecoins such as PEPE, which he suggested could be a possible scam. In a tweet, he cautioned that investing in such memecoins could be dangerous and even cost people their lives if they are not careful.

“Coins like $PEPE don’t happen by accident. Big money, powerful people & careful planning goes into creating these scams. You’re just a pawn in a much bigger game. And games like this have cost many people their lives. Don’t be a fucking idiot,” Blec wrote in a Tweet.