Coinbase got itself tangled in a ridiculous mess that even a black crow would caw in disbelief.
Between its endless squabbles with regulatory entities and a hefty pile of financial losses, that would be enough to make you chuckle. But oh no, we’ve got ourselves an extra layer of comedy with the tragic introduction of none other than the PEPE debacle.
This sad excuse for a Shit Coin isn’t just laughable—it’s tear-inducing. And now, it’s joined the bizarro soap opera that is Coinbase.
Picture this: Coinbase, strutting around, thinking it’s the king of the crypto jungle. But just as it’s feeling smug and self-assured, fate steps in and smacks it right in the face with a reality check.
Coinbase’s disagreements with those pesky regulatory entities have been brewing like a pot of bad coffee. And guess what? It all came to a head with a series of financial beatings that could make even a Wall Street tycoon cry into their fancy silk handkerchief. It’s as if someone up there decided to throw every possible punchline at Coinbase, leaving them stumbling like a clown tripping over his own oversized shoes.
Now, in the midst of this chaos, let’s welcome PEPE, the star of our sad little show. This Shit Coin is the epitome of a tragicomedy. It’s not even funny in the “ha-ha” sense; it’s funny in the “you’ve got to be kidding me” sense.
PEPE thought it could ride the crypto wave and make us all laugh with joy, but oh boy, it crashed and burned like a clown car in a demolition derby.
This poor excuse for a token has dropped so low that even a mole couldn’t dig itself out of the hole it’s in. It’s enough to make you shed a tear while you try to stifle your laughter.
So here we are, witnessing the absurdity unfold. Coinbase, in its full-blown comedic spiral, has now entangled itself with the tragic tale of PEPE.
We screwed up and we are sorry.
Yesterday we shared an overview of the $pepe meme coin to provide a fact-based picture of a trending topic. This did not provide the whole picture of the history of the meme and we apologize to the community.
— paulgrewal.eth (@iampaulgrewal) May 11, 2023
As if financial turmoil wasn’t enough, Coinbase managed to add fuel to the fire with a monumental gaffe. In a company newsletter, they made the grave mistake of associating the infamous Pepe the Frog meme with hate symbols utilized by alt-right groups. This blunder caused an uproar, leaving the company red-faced and scrambling to salvage its reputation. Paul Grewal, undoubtedly feeling the weight of the situation, offered an apology, but the damage had already been done. One can’t help but wonder how a meme, born out of innocent online humor, became entangled in such a mess.
It’s like watching a train wreck while trying to balance on a unicycle—absurd, ridiculous, and downright hysterical.
Coinbase and PEPE have become the unlikely stars of a show that even the gods of comedy couldn’t have scripted.