The recent surge in ETH memecoins has introduced us to various projects like Pepe, Pepe 2.0, Shib2.0, Doge2.0, and Btc2.0. Among these, PepeGains has also gained attention from traders and investors.
What sets PepeGains apart from its counterparts is its hyper-deflationary nature. Unlike many other projects, PepeGains incorporates a burn mechanism that eliminates 2% of tokens from every sell transaction. This feature has already led to the burning of over 15 million tokens within the first five days of its launch, out of a total circulation of 400 million.
Many projects lack a burn mechanism in their tokenomics, which can lead to inflation and dumping. PepeGains is a project with a hyper-deflationary mechanism that burns 2% from every sell transaction. In the first 5 days of its launch, over 15 million tokens were burned out of the 400 million tokens in circulation.
PepeGains has been showing a relatively stable performance by moving in the siderange, reaching $0.009 on July 15, hitting a local price top. The asset could be a part of a portfolio which aims for a volatility exposure.
The original Pepe project achieved a market cap of nearly $900 million. PepeGains has already hit the market cap of almost $3 million and is trading with a noteworthy volume and liquidity on Uniswap. It's important to note that as with any investment, careful consideration and analysis are recommended before making financial decisions.