Eden Island, Republic of Seychelles, June 27th, 2023, Chainwire
A new memecoin called PEPE is set to launch on the BNB Chain. This BEP20 token is based on the original PEPE token that gained popularity in 2023 and draws inspiration from the mischievous frog of the same name. However, the new PEPE token has unique mechanisms programmed into its tokenomics, including a syndication system designed to support price stabilization. The team behind the BNB Chain PEPE plans to launch multiple PEPE projects, all based on the loveable frog, with 13 launches already lined up for 2023. These projects will operate independently but will be governed by the "Burn & Drop" system, a first-of-its-kind system in which burning one token leads to the airdrop of another. Through this system, token holders can burn one token and receive PEPE (BEP20) through an airdrop, while the total supply of the burned token decreases.
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The Burn & Drop process between tokens can help to decrease excess volatility and may create trading opportunities for arbitrage and intra-token trading. This is a key feature of PEPE (BEP20) that users can directly engage with on the platform.
PEPE (BEP20) has plans to introduce additional services to further enhance the token's utility. Additionally, there is an ongoing Twitter airdrop campaign that is accessible to all, aimed at generating more interest in the project.
Pepe is a BEP20 token project launched on the Binance Smart Chain. The Pepe Syndicate, along with the unique "Burn&Drop" mechanism, has been designed to manage the token's price volatility. However, it is important to note that this is not a guarantee of price stability, but rather a potential mechanism to mitigate price fluctuations. Additionally, the "Burn&Drop" system encourages collaboration among various projects, thereby fostering a strong Pepe Syndicate network.
For more information about the campaign, please visit the official Twitter account of PEPE BEP20 (@pepecoinbep20) or join the PEPE BEP20 Telegram group.
Visit https://pepe.markets/ for more details.
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