PepeCoin Announces Exclusive Burn Event for BasedAI Network Integration (9 Oct)
Release: 2024/10/09 21:59 Reading: 710
New York, New York, October 9th, 2024, Chainwire
PepeCoin: A Transformative Journey Towards Increased Scarcity and Enhanced Utility
PepeCoin, the renowned memecoin established in 2016, is embarking on a significant evolution. The team behind PepeCoin is introducing a deflationary burn event that will reduce the circulating supply of PEPECOIN, potentially creating a supply shock in the market. This move aims to enhance the memecoin's scarcity, potentially boosting its value and utility.
During the event, PEPECOIN holders will have the opportunity to burn tokens in exchange for Brain credits. These credits can be used to acquire BasedAI Brains, the subnets that power the revolutionary BasedAI Network. BasedAI tokens have been distributed among PepeCoin holders through staking, rewarding their loyalty and token locking.
This initiative is a significant step towards addressing the challenges of centralized AI systems, particularly in privacy and security. By leveraging a decentralized AI network, PepeCoin aims to create a more open and equitable AI ecosystem.
A New Era of Utility for PepeCoin
With the burn event, PepeCoin solidifies its position as a coin that empowers its holders. They will have a direct stake in the development and growth of BasedAI's decentralized AI network. Technically, holders can participate in the BasedAI network through staking and contributing resources, including mining and validation processes.
By participating in the burn event, PEPECOIN holders not only reduce the supply but also invest in the future of decentralized AI. BasedAI tackles pivotal issues in centralized AI systems, ensuring enhanced privacy, security, and user control over AI technology.
About BasedAI and the Future of Decentralized AI
BasedAI (powered by BasedAI:BASED) is a network designed to overcome the limitations of traditional, centralized AI systems. With the advent of BasedAI Brains, users can control their own AI subnets, contributing directly to a more secure and decentralized AI ecosystem. This initiative aligns with PepeCoin's mission of breaking down barriers in the cryptocurrency and AI sectors.
The upcoming PepeCoin burn event will provide even greater utility to the token while playing a pivotal role in the future of AI decentralization.
About PepeCoin
PepeCoin ($PEPECOIN), established in 2016, is the progenitor of meme coins. It harnesses the viral Internet meme 'Pepe the Frog' to foster a vibrant community of crypto enthusiasts and memers. PepeCoin is also developing the first decentralized social wrapper for DeFi through open-source tooling and humorous memes.
Contact:
Marjore Barros
marjore@energentmedia.net
Disclaimer:
This is a paid press release. CoinMarketCap does not endorse or recommend the purchase, sale, or holding of any cryptocurrency (bitcoin, ethereum, custom asset). Conduct your own due diligence and consult your financial advisor before making any investment decisions.
Recent news
More>- 6 Best Cheap Crypto to Buy Now Under 1 Dollar November 25 – Arbitrum, Mina, Chiliz, Theta Fuel 11-26
- Pepe and Shiba Inu Face Strong Bearish Pressure: Is the Memecoin Market Losing Momentum? 11-26
- Meme coin prices dip; traders move to $40M Pepe Unchained ICO for massive potential gains 11-26
- Whale Moves 308B BONK Tokens to Coinbase Before Big Burn Event 11-26
- Why BTFD Coin, Pepe Coin, and Bonk Coin Are Top Meme Coins 11-26
- Missed the Pepe Coin Frenzy? This New Best Meme Coin is Here to Realise Your Dreams 11-26
- From Underdog to Top Dog: This Solana-Based Token Could Outperform Pepe by 100x This Year! 11-26
- Top 5 Crypto That Have Surpassed Their ATH In Recent Days! 11-26
- Best Wallet Soars Past $1M In Private Sale As Public Presale Starts Today For Web3 Wallet Built For 2024 Bull Run 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com