A new memecoin called PEPE is set to launch on the Binance Smart Chain, following the success of its Ethereum namesake. The original PEPE token gained a market capitalization of over $1 billion in May, leading to a surge of frog-themed memecoins. The new PEPE (BEP20) token has unique features programmed into its tokenomics, including a syndication system for price stabilization. The team behind PEPE plans to launch multiple projects based on the frog character, with 13 launches scheduled for 2023. These projects will operate independently but will be governed by a “Burn & Drop” system, where burning one token leads to the airdrop of another. This system aims to reduce volatility and provide trading opportunities. PEPE (BEP20) also has plans for additional services to enhance its utility. To generate interest, the project is currently running an airdrop campaign on Twitter. The PEPE BEP20 project is designed to manage price volatility through the Pepe Syndicate and the “Burn & Drop” mechanism. It aims to foster collaboration among projects participating in the system. This press release serves as information and is not investment advice or an offer to invest. For more information, visit the project’s Twitter or Telegram. Contact the PEPE BEP20 Foundation for further inquiries.
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