Faux cryptocurrency and associated scams are widespread within the crypto area. Traders and customers contemplate this a big downside, and generally, folks discover it troublesome to distinguish which is actual and which is faux. All we are able to do to keep away from these sorts of crypto initiatives is take essential precautions to forestall publicity to rip-off initiatives. 

A debate revolving across the Moonpig crypto undertaking is heating up within the crypto sphere. Some knowledgeable experiences have raised issues concerning the legitimacy and security of the Moonpig (MOONPIG) cryptocurrency. On this article, we examine whether or not the Moonpig crypto is actual or faux, and if it’s a rip-off, what are the required precautions that every one buyers ought to concentrate on?

What’s Moonpig?

Moonpig (MOONPIG) is a community-based meme coin working on the Solana blockchain community. The undertaking goals to foster a enjoyable and inclusive crypto neighborhood the place all token holders can benefit from the meme tradition. Moonpig blends the humour and crypto tradition by its modern and playful pig-themed branding and grassroots origins.

The aim of the undertaking is to place itself as a meme coin completely constructed to foster an inclusive, humour-driven meme neighborhood. Moonpig operates on the Solana community, which is understood for its high-speed and low-cost transactions, and this undertaking is totally constructed by its neighborhood, aiming for enhanced transparency and improvement.

MOONPIG is the native cryptocurrency of the undertaking, which has a complete provide of 1 billion tokens with round 999.9 million already circulating.

The Considerations that Make Folks Suppose Moonpig is a Faux or a Rip-off

There are some issues revolving across the Moonpig undertaking; these issues are able to making folks suppose that Moonpig is faux. The essential concern is a sudden worth drop incident reported in Might 2025. This sudden in a single day worth drop triggered concern among the many holders, and the rumours of an alleged rug pull rip-off additional pressured them to imagine that there was one thing flawed with the undertaking.

Some experiences from a number of sources identified that Moonpig’s worth was primarily influenced by the important thing opinion leaders’ promotions. This development is intently related to speculative property, that are faux more often than not. This issue created a panic among the many buyers and made them imagine that the token could possibly be a speculative asset reasonably than one with inherent monetary worth.

One other concern relating to Moonpig was its affiliation with James Wynn, one of many outstanding crypto merchants. James Wynn was one of many main promoters of Moonpig, and his involvement with the promotion of doubtless fraudulent meme coin initiatives added some gasoline to the flame.

James Wynn later got here out and tweeted on X by confirming that he was neither MOONPIG’s developer nor behind the sell-off; he additionally added that he was simply an investor with no intention of manipulating the market. 

Replace relating to $moonpig:

As you all know my X has exploded in development in current weeks, and that’s been superb for bringing consideration to moonpig! But it surely additionally means my time is totally maxed out, leaping from one factor to the following and it has been quite a bit to deal with and carry on high…

— James Wynn (@JamesWynnReal) June 18, 2025

These issues have raised sufficient doubts among the many token holders and even incited an enormous sell-off, which is taken into account the most important motive for the current worth volatility that Moonpig has skilled.

Meme Coin MOONPIG Dropped 30% in a single day in Might 2025: Was it a Rug Pull Rip-off?

Moonpig’s in a single day drop of 30% was some of the closely criticised incidents within the historical past of the undertaking. A whole lot of analysts and consultants believed and suspected that this incident was a rug pull rip-off initiated by the undertaking builders.

However the state of affairs was flipped, and the most recent findings report that an nameless whale exercise triggered the crash and incited the dramatic sell-off. As per the market evaluation from Might 2025, the pockets’s promoting spree prompted a notable worth decline of Moonpig and sparked a wider panic amongst buyers, forcing them to provoke promoting their tokens. 

The incident reported on Might won’t be a conventional rug pull because of two foremost causes. The undertaking Moonpig was a reasonably launched one on the Solana-based pump and dump scheme. This idea is sort of completely different from the standard rug pull scheme, the place the unique builders elope with the funds.

The second motive was the justification of the alleged rug pull rip-off. The sale, which led to the value drop, was triggered by a whale who was the custodian of a big portion of the token, and the huge sell-off was initiated by that nameless giant holder, which additional fuelled the 30% in a single day worth drop.

Additionally Learn: Greatest Cryptos To Purchase Now: $STBL, $HEMI, $FIL

Is the Moonpig Crypto Actual or Faux: Closing Verdict

 Moonpig is a community-driven and pretty launched meme coin undertaking within the crypto house. Some unlucky occasions which have occurred of their historical past have prompted sufficient injury to the undertaking, and most of the people nonetheless imagine that Moonpig could possibly be a faux undertaking designed to loot the buyers’ funds.

The undertaking was pretty launched on Pump.enjoyable, an unique platform constructed for launching meme cash on Solana. Moonpig, like every other meme coin, is a extremely risky crypto with its worth typically influenced by neighborhood sentiment and web tendencies.

Moonpig is tradable on a number of genuine cryptocurrency exchanges, together with Coinbase, Binance, MEXC, and Gate, so the presence of Moonpig on these exchanges eliminates the potential for it changing into a rip-off or faux. 

Moonpig has not been a fraudulent or faux crypto undertaking since day one, however we are able to’t promise something like that’s going to be fully genuine sooner or later as effectively. Take essential precautions whereas investing in any type of meme coin, together with Moonpig. 

Meme cash are extremely risky and speculative property with inherent dangers. The meme coin market is a typical playground for fraudulent actions, together with “pump and dump” schemes and “rug pulls”, so by no means attempt to make investments greater than you’re ready to lose fully.