Good morning 🌅
The $PepeCoin @pepecoins market cap is now valued between 900 million and 1 billion, and we haven't even started shrinking the supply. (for new people - I don't talk about the fake $PEPE coin, I'm talking about the real OG $PepeCoin)
What will happen in the next few weeks should slingshot the price like crazy, at least a 4-5x....
The Cyan Testnet is scheduled for this week.
Burning $PepeCoin for Brains
Let's say around 50% of the coins get burned and 20-30% get staked for Brains, we will remain with 20-30% of the supply we have right now. That's a 70-80% supply reduction that will drive up the price like crazy.
Higher $BasedAI %APY (I don't know about you guys, but I see the $BasedAI price a bit like #bitcoin on steroids when talking about the price action considering the yearly halving of the rewards)
The battle over $PepeCoin will start!
It's going to be a crazy ride, I guess many will unstake $PepeCoin from BasedAI farming to burn or stake for brains, doing that the $basedAI %APY will go up like crazy for the rest that still keep $PepeCoin staked if I'm right. Whatever you choose to do, you will end up with more $BasedAI, or you'll get a constant revenue of $BasedAI tokens later from the Brains if you consider burning coins. Probably, this is what the devs want from us, to fight for $PepeCoin!
Kek Bot coming - Pay attention to this! ($PepeCoin will be the fuel for this as well, further reducing the supply)
$PepeCoin as a liquid synthetic ERC-404 token
I'm reading in the community that there are some plans to make an ERC-404 token pegged 1:1 to $PepeCoin so users can participate in DeFi with this liquid synthetic ERC-404 token., so do your own research about it. For me, it seems an incredibly good and fun project.
We don't know about other new ecosystem products for $PepeCoin at the moment. Just remember that the devs also had KEKDAQ - (Decentralized Rare Pepe Asset Exchange) that was also burning coins while using it. From what I see, @pepecoins are kind of experts at burning coins
