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Chongsheng (重生) on BNB Chain (BSC): Tokenomics, Risks, and How to Trade

Chongsheng (重生) on BNB Chain (BSC): Tokenomics, Risks, and How to Trade

Editor's Pick: Check 重生's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Chongsheng (重生) is a fresh meme token on the BNB Smart Chain. The name means “rebirth,” a fitting theme for a community-driven coin trying to catch momentum in the fast-moving meme market. Below is a concise rundown to help you understand what it is, how it’s trading, and the key things to watch before you dive in.

Quick facts

  • Symbol: 重生 (Chongsheng)
  • Contract: 0x977dbbdbc7ec83a885f1bf0edc957af258b608ba
  • Chain: BNB Smart Chain (BSC)
  • Main DEX pair: 重生/WBNB on PancakeSwap V2
  • Trading focus: Community-driven, speculative meme token

Tip: WBNB is “Wrapped BNB,” a tokenized version of BNB used for trading on decentralized exchanges (DEXs).

Tokenomics snapshot

Based on the latest available data when the token was indexed:

  • Price: ~$0.0114 USD
  • 24h Volume: ~$1.40M USD
  • Market Cap: ~$11.35M USD
  • Liquidity: ~$329K USD (primarily in the 重生/WBNB pool)
  • Holders: ~625
  • Taxes: 0% buy, 0% sell
  • Contract: Verified
  • Ownership: Likely renounced

Why 0% taxes matter: With no buy or sell taxes, traders can enter and exit positions without extra fees baked into the token’s smart contract—this typically encourages more frequent trading. That said, price can still swing wildly due to market demand.

Market activity

Early trading has been active:

  • Roughly 1.4K on-chain transactions over 24h
  • ~1.2K buys vs ~191 sells
  • ~655% price change in the same window, with a range from ~$0.0015 to ~$0.0127

Important: These numbers can change quickly in meme markets. Always refresh data before making decisions.

Security and audit notes

An audit is listed as incomplete on third-party trackers (e.g., ApeSpace), which means some contract behaviors may be unknown. Preliminary checks indicate:

  • Honeypot risk: Low (a “honeypot” is a trap token you can buy but can’t sell)
  • Blacklist: None found
  • Balances modifiable: None found
  • Tax modifiable: Unknown
  • Transfers pausable: Unknown
  • Mintable: Unknown

Even with a verified contract and likely renounced ownership, the incomplete audit is a risk. Unknown flags (like “tax modifiable”) can affect trading conditions later if they turn out to be enabled.

Key risks

  • Incomplete audit: Without a full audit, hidden functions or vulnerabilities could exist.
  • High volatility: Newly launched meme tokens can spike or drop fast. Be prepared for rapid swings.
  • Unclear utility: Like many meme tokens, value is driven mainly by community sentiment and market momentum.
  • Rug pull potential: Low honeypot risk is reassuring, but not definitive. Exercise caution.

Potential opportunities

  • Momentum: Early attention and a sharp initial move (~655%) suggest strong trader interest.
  • No transaction taxes: 0% buy/sell taxes can attract active traders and deepen liquidity.
  • Community-driven growth: If a strong community forms, awareness and liquidity can compound.

How to research and trade 重生

If you’re exploring this token, combine on-chain checks with DEX liquidity data and smart money signals.

  • Track and trade:
    • Use PancakeSwap V2 to swap WBNB for 重生.
    • For real-time tracking, analytics, and trading tools, you can also use GMGN.AI, which specializes in meme token flows on BSC and other chains.
  • Confirm liquidity and slippage:
    • Check the pool depth on PancakeSwap.
    • Start with low slippage and adjust only if transactions fail.
  • Verify contract:
    • Double-check the address: 0x977dbbdbc7ec83a885f1bf0edc957af258b608ba.
    • Confirm “verified contract” status on BSC scan and that the pair is the official one.
  • Watch smart money:
    • Follow top wallets and large inflows/outflows to gauge momentum.
  • Risk management:
    • Size positions conservatively.
    • Use stop-loss strategies or mental thresholds.
    • Avoid leverage on newly launched meme tokens.

Simple glossary

  • Liquidity pool: A pool of tokens on a DEX that enables swapping between two assets (e.g., 重生 and WBNB).
  • Honeypot: A malicious setup where users can buy a token but are prevented from selling.
  • Renounced ownership: The deployer gives up control of the contract, reducing the chance of unilateral changes.
  • Modifiable tax: A function in some contracts allowing the owner to change trading taxes after launch.

Bottom line

Chongsheng (重生) is a new meme token on BNB Chain with zero transaction taxes, active early trading, and a verified contract. The upside case hinges on rapid community traction and liquidity growth. The downside revolves around an incomplete audit and the inherent volatility of meme coins. If you choose to participate, combine on-chain diligence, careful position sizing, and continuous monitoring via tools like PancakeSwap and GMGN.AI’s token page for a clearer view of risk and momentum.

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