The new PEPE memecoin will launch on the BNB chain

(Press release – Eden Island, Republic of Seychelles, June 27, 2023)

A new PEPE memecoin is launching, named after Ethereum. Issued on the BNB chain as BEP20, PEPE is a unique memecoin with several unique mechanisms programmed into its tokenomics.

Like the original PEPE token, which proved highly successful in 2023, BEP20 PEPE is inspired by the mischievous frog of the same name, whose design was taken from the webcomic “Boys Club”.

The market capitalization of the original PEPE token, which debuted on Ethereum in April, surpassed $1 billion on May 5, fueling a new wave of memecoins, including several frog-themed efforts. Unlike the later Memcoin, PEPE (BEP20) has several unusual features programmed into it, including a syndication system designed to support price stabilization.

The team behind BNB chain PEPE isn’t settling for just one memecoin: they plan to launch multiple PEPE projects, all based on the lovable frog. 13 such launches are predicted for 2023 alone.

Although each PEPE project will operate independently, the introduction of a “burn and drop” system will govern the consortium. Burn and Drop is a first of its kind system in which the burning of one token leads to the airdrop of another.

To initiate Burn and Drop, two types of tokens are required. For example, this could include a scenario in which Token A is priced at $1 and PEPE (BEP20) is also priced at $1. However, if the price of Token A drops to $0.8, Token A holders will have the option to burn their tokens on the Burn & Drop platform, automatically receive PEPE (BEP20) via an airdrop, and Token A After it is burnt, its total supply will decrease.

Additional volatility can be reduced by introducing a burn and drop process between tokens, potentially providing trading opportunities for arbitrage and intra-token trading. This logic is a fundamental component of PEPE (BEP20), and users can engage directly within the platform.

Furthermore, PEPE (BEP20) has plans to launch a number of services that will further increase the utility of the token. To further drive interest in the project, PEPE (BEP20) is currently running an airdrop campaign on Twitter that is open to all.

About PEPEBEP20

PEPE is a project launched on the Binance Smart Chain, which takes the form of the BEP20 token. Pepe Syndicate and Pepe’s unique “burn and drop” mechanism are designed to manage token price volatility. This is not a guarantee of price stability, but rather a mechanism to potentially reduce price volatility. Furthermore, the various projects participating in the “burn and drop” system cooperate with each other, fostering a strong Pepe Syndicate network.

For more information on the campaign please visit PEPE BEP20’s Twitter (@pepecoinbep20) or join PEPE BEP20 Wire.

PEPEBEP20 is the source of this content. This press release is for informational purposes only. This information is not investment advice or an offer to invest.

Contact

Pepe Bep 20 Foundation
pepebep20@gmail.com