The price of the PEPE coin has dropped today to around $0.000009, confirming the continuation of the sharp downward momentum in the market. Here is an updated analysis based on the latest data and forecasts:
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📉 Current Price Situation
CoinCodex forecasts suggest that the price may continue to decline and reach $0.000009 by June 21, 2025, representing a 23.3% drop over 5 days from the approximate price of $0.000010 at the time of research.
Overview of BNB and its role in the Binance ecosystem
BNB was launched in 2017 via an initial coin offering (ICO) on the Ethereum network, then Binance transferred it to its own two networks (BNB Smart Chain and Beacon). The currency is used to reduce trading fees on the Binance platform (the largest globally) and to collect transaction fees within the BNB Chain network that hosts decentralized finance applications, gaming, and more. Binance also offers numerous incentives for BNB holders (such as a discount on fees, access to launch projects, and governance support), and includes an economic cycle for periodically burning part of the supply until halving (from 200 million to 100 million coins). These contributions have made BNB an essential part of the “Binance ecosystem,” where the currency is the primary lever for the platform's multiple uses (from payments to licenses and smart applications).