Welcome to Meme Insider! Today, we're taking a deep dive into PEPE ONE, commonly known by its ticker symbol P1. This token has been making quite a buzz, especially with its recent listing, and it's built on the robust BNB Chain. If you're into meme tokens and want to understand what P1 is all about, you're in the right place.

Understanding PEPE ONE (P1)

P1, or PEPE ONE, is a cryptocurrency token that operates on the BNB Chain, specifically adhering to the BEP-20 token standard. Its contract address, 0x669a661d0d5856d05b7854164f1c979c85228888, firmly places it within the BNB Smart Chain (BSC) ecosystem. True to its name and its listing in the "MEME Zone" on exchanges like LBank, P1 is categorized as a meme token. This means its value and traction often stem from community engagement, social media trends, and speculative interest, rather than complex underlying technology or real-world applications.

It's important to clarify that this specific "P1" (PEPE ONE) on the BNB Chain is distinct from other projects that might share a similar symbol, such as the P1 Real Estate Fund (a Security Token Offering) or the Pi Network (a mobile-first cryptocurrency project). Always double-check the contract address to ensure you're looking at the right token!

Key Market Data & Tokenomics

As of June 21, 2025, here’s a snapshot of P1's market data:

• Current Price: Approximately $0.0118 USD, though prices can vary slightly across different platforms (e.g., $0.01121 USD, $0.0107, $0.01140 USD).
• Market Capitalization: Around $11.81 million USD.
• 24-Hour Trading Volume: Approximately $2.39 million USD, indicating active trading.
• Circulating Supply: A cool 1.00 billion P1 coins.
• Max Supply: The total supply is capped at 1.00 billion P1 coins, matching the circulating supply. This suggests no new tokens can be minted, which is a positive sign for scarcity.
• Liquidity: The P1/USD1 liquidity pool holds roughly $323,637.73.
• Holders: Around 6.7 thousand holders, with the top 10 holders collectively owning 7.10% of the tokens.

Contract and Security Insights

Security is paramount in the crypto world. Here’s what we know about the P1 contract:

• Contract Renounced: The ownership of the contract has been renounced. This is generally a good sign, as it means the original developers can no longer modify the contract code, reducing potential for malicious changes post-launch.
• Contract Verified: The contract code is verified, allowing for public inspection of its functions.
• Honeypot Risk: Assessed as "Low Risk" or "No" honeypot found, which is great news for preventing users from being unable to sell their tokens.
• Transaction Taxes: Both Buy Tax and Sell Tax are 0%. This makes trading P1 more attractive as you don't lose a percentage of your tokens on each transaction.
• Mintable: No mintable functions were found, reinforcing the fixed max supply.
• Blacklist/Whitelists: None found, meaning no addresses can be arbitrarily blocked or favored.
• Balances Modifiable: No functions found that allow balances to be arbitrarily changed.
• Transfers Pausable: Transfers are noted as pausable, which means in certain circumstances (e.g., a critical bug or security issue), transfers could be temporarily halted. While this offers a degree of control, it's also a point to be aware of.
• Anti-Whale Mechanism: None found, meaning large holders can execute significant trades without specific restrictions.
• Airdrop Feature: The token has an airdrop feature built into its contract.
• Community Trust: DEXTools provides a community trust score of 50.0%.

Project Purpose and Utility

As a meme token, P1's primary "utility" often revolves around community engagement, social media virality, and speculative trading. Unlike utility tokens that power decentralized applications or provide access to services, meme tokens often thrive on hype and collective belief.

Its deployment on the BNB Chain and listing on LBank Exchange suggest that its main purpose is to facilitate speculative trading. With the BNB Chain's robust DeFi ecosystem, including platforms like PancakeSwap, P1 could also potentially be integrated into decentralized exchanges (DEXs), liquidity pools, or yield farming protocols, though no explicit plans are currently detailed. Without an official whitepaper or comprehensive project documentation, specific additional utilities like governance or staking remain unclear.

Exchange Listings

PEPE ONE (P1) recently made its world premiere listing on LBank Exchange in the "MEME Zone." This is a significant milestone for any new token, providing wider accessibility and liquidity.

• Spot Trading Pair: P1/USDT
• Deposit Start: June 21, 2025, 08:00 (UTC)
• Trading Start: June 21, 2025, 08:00 (UTC)
• Withdrawal Start: June 22, 2025, 08:00 (UTC)

LBank charges a 1% transaction fee for both taker and maker orders on the P1/USDT pair. You can find more details on their official P1 listing announcement.

Ecosystem Integration

P1 is deeply embedded within the BNB Chain ecosystem, which is a powerhouse in the blockchain space. This ecosystem includes:

• BNB Smart Chain (BSC): As a BEP-20 token, P1 leverages BSC’s high-performance infrastructure, boasting fast block times (around 3 seconds) and low gas fees (typically under $0.03). This makes transactions and interactions with P1 both quick and affordable.
• DeFi Opportunities: The BNB Chain is home to major DeFi platforms like PancakeSwap, lending protocols, and liquid staking solutions. While not explicitly stated for P1, this ecosystem provides fertile ground for potential integration into liquidity provision or yield farming activities.
• Wallet Compatibility: P1 is compatible with popular BEP-20 wallets such as MetaMask, Trust Wallet, and Binance Web3 Wallet. Adding P1 to MetaMask is straightforward: just import its contract address (0x669a661d0d5856d05b7854164f1c979c85228888).
• Cross-Chain Potential: While primarily on BSC, the broader BNB Chain features interoperability, which could, in the future, allow P1 to participate in cross-chain activities if supported by the project and community.

The BNB Chain's robust developer community and growing institutional interest (including proposals for a BNB ETF by VanEck) provide a strong foundation for tokens like P1 to gain visibility and adoption.

Risks and Considerations

While P1 shows promise as a meme token, it's crucial to be aware of the inherent risks, common with many meme-based cryptocurrencies:

• Lack of Transparency: A significant concern is the absence of an official website, detailed whitepaper, or readily available information about the development team. This lack of transparency raises questions about the project's long-term vision and legitimacy.
• Market Volatility: Meme tokens are highly susceptible to extreme price swings driven by social media hype, sentiment, and market trends rather than fundamental value. This volatility increases the risk of financial loss.
• Security Risks: While the contract has some positive attributes, the smart contract could still be vulnerable to unforeseen exploits if not rigorously audited by a reputable third party. Always use tools like BscScan to verify contract details.
• Regulatory Uncertainty: Meme tokens, due to their speculative nature, can sometimes face increased scrutiny from financial regulators, which could impact their trading or utility on exchanges.
• Liquidity Risks: While LBank listing improves liquidity, if P1 maintains a low number of holders or limited trading volume on other platforms, users might face challenges executing trades at desired prices.

Advanced Insights with GMGN.AI

For those looking to gain an edge in the fast-paced meme token market, platforms like GMGN.AI can be incredibly valuable. GMGN.AI is designed to track, analyze, and facilitate trading of meme tokens with speed and precision across multiple blockchains, including BNB Chain.

Key features that could benefit P1 traders include:

• Real-time Analytics: Get instant insights into P1's performance and market trends.
• Smart Money Tracking: Follow the on-chain activities of top investors to potentially identify promising entry or exit points for P1.
• Security Checks: GMGN.AI can help identify risks like honeypots or high transaction taxes (though P1 has 0% tax, this is generally useful).
• Automated Trading: For experienced users, GMGN.AI offers tools to automate buy/sell actions, potentially allowing you to replicate successful strategies for tokens like P1. Note that this feature often requires linking a Telegram account via a specific bot.
• Cross-Chain Compatibility: While P1 is on BNB Chain, GMGN.AI's broader compatibility helps if you're managing a diverse meme token portfolio.

GMGN.AI charges a flat 1% transaction fee and provides its premium features without a subscription model. You can directly access P1's dedicated page on GMGN.AI for comprehensive information and trading options: https://gmgn.ai/bsc/token/fV1R5sZ5_0x669a661d0d5856d05b7854164f1c979c85228888.

Conclusion and Recommendations

The PEPE ONE (P1) token is a fresh face in the meme coin arena on the BNB Chain, benefiting from its scalable and cost-effective infrastructure. Its recent listing on LBank Exchange positions it for wider market exposure. While its exact utility beyond speculative trading and community engagement remains to be seen due to limited official documentation, its tokenomics and contract security features (like renounced ownership and 0% tax) are encouraging.

For Investors: Always conduct thorough due diligence before investing in meme tokens. Monitor P1's trading volume and liquidity on LBank and other platforms. Be prepared for high volatility.
For Developers: If P1 gains traction, explore integrating it into BNB Chain DApps. Tools like Remix IDE and BscScan's API can be useful for interaction and analytics.
For Users: Add P1 to your BEP-20 compatible wallets such as MetaMask using the official contract address. Stay updated on community developments and market trends through reliable sources like X (formerly Twitter).