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Apart from the project’s tribute to the famous Internet meme, Pepe Coin has some interesting features such as a deflationary or burning mechanism, a redistribution system, and a no-tax policy. These features are an important factor in gaining high visibility and community support.
Deflationary mechanism and redistribution system
Pepe Coin includes a deflationary mechanism that involves burning tokens and redistributing rewards to token holders to maintain scarcity and increase its value over time. With each conducted transaction, a small percentage of tokens are burned and removed from circulation.
In addition to the burning mechanism, Pepe Coin claims to use a redistribution system that allocates 1% of every transaction to a pool distributed among all token holders. This system is set to enhance token holders and incentivise investors to support the project.
No-tax policy
We have already mentioned that Pepe Coin is different from Pepe 2.0 due to its no-tax policy; this policy ensures that users can engage in crypto trading activities without additional costs.
The project claims that it enables a higher degree of financial freedom and privacy options to users and encourages the adoption of cryptocurrencies as a medium of exchange, along with promoting decentralised finance (DeFi).
