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PLEBToken (PLEB) on Base: Zero-Tax Memecoin With Burned LP and Renounced Contract

PLEBToken (PLEB) on Base: Zero-Tax Memecoin With Burned LP and Renounced Contract

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

Naming note up front: while some trackers label this contract as “PLEP,” the official symbol and branding referenced by project materials is $PLEB (PLEBToken). Both labels point to the same Base contract at 0xfaa0…73f.

Quick overview

Vision in one line

$PLEB aims to be a safer, community-first memecoin that rejects influencer hype and leans into pleb unity—appealing to traders who’ve “aped tops and sold bottoms” and want simpler, transparent token rules.

Tokenomics and design

  • Zero tax:
    • Transfers and trades are designed to have 0% tax—simplifying costs for users.
  • Burned liquidity:
    • LP tokens for the initial liquidity were burned to reduce rug-pull risk. Burning LP means the liquidity can’t be withdrawn by the deployer, which helps build trust. Quick primer on LPs: What is a liquidity pool?
  • Renounced contract:
    • Ownership has been renounced, preventing the deployer from changing token parameters later on.
  • Supply allocation:
    • 94% of supply seeded to a Uniswap pool (with the LP burned).
    • 6% reserved for potential centralized exchange listings and community giveaways.
  • Total supply:
    • 123,123,123,123,123 $PLEB.
    • Circulating supply note: a self-reported 1,000,000,000 is referenced by some trackers—discrepancies like this are common early on and often reflect undistributed or reserved tokens.

Where to trade and track

Tip: Always double-check you’re interacting with the exact contract above.

Market snapshot (as of September 6, 2025)

These data points illustrate how early-stage memecoins can show inconsistent reporting across platforms:

  • Price: ~$0.000039
  • Market cap:
    • Coinbase: $0.00 (not tracked)
    • CoinMarketCap (self-reported): ~$39,472.6
  • 24h volume:
    • Coinbase: ~$660.62
    • CoinMarketCap: not available
  • All-time high (ATH): $0.0000000013 (reported)
  • Read this as: fragmented coverage and low liquidity can lead to mismatched stats until the token gains broader traction.

How to independently verify claims

  • Renounced ownership:
    • On BaseScan, check the “Contract” tab for ownership status. A renounced contract typically shows the owner as the zero address.
  • Burned LP:
    • Look for LP token transfers to burn or null addresses. If LP tokens were sent to a dead address, liquidity can’t be pulled by the team.
  • Zero tax:
    • If source code is verified, search functions for fee/tax logic. You can also test with a tiny buy/sell to confirm no slippage beyond normal AMM movement.
  • Source code verification:
    • Confirm the contract shows “Verified” on BaseScan, which lets you review the code and functions.
  • Security checks and trading hygiene:
    • Tools like GMGN.AI surface basic safety flags (e.g., honeypot/tax checks) and wallet behaviors that can help you spot red flags before committing size.

Risks to keep in mind

  • Naming confusion (PLEB vs. PLEP):
    • Some trackers label this contract as PLEP, others as PLEBToken ($PLEB). That confusion alone can hamper discovery and liquidity.
  • Early-stage liquidity:
    • Low liquidity means high volatility and wider price impact. Always consider slippage and position sizing.
  • Data gaps:
    • Market cap/volume discrepancies are common for niche tokens until they’re widely tracked.
  • No guaranteed centralized listings:
    • A reserve for listings is not the same as a confirmed listing. Treat it as optionality, not a promise.
  • Typical memecoin risk:
    • Value can be driven more by community momentum than fundamentals; price can swing wildly in both directions.

Bottom line

$PLEB on Base pitches a straightforward, community-first memecoin design: zero tax, burned LP, and a renounced contract, with most supply seeded to liquidity and a small reserve for potential growth initiatives. The narrative is clear and pleb-friendly, but real adoption still depends on liquidity depth, broader coverage by data aggregators, and sustained community activity.

If you participate, verify the contract details on BaseScan, trade via Uniswap v2 (Base), and consider using tools like GMGN.AI for tracking and safety checks. As always, size positions responsibly and expect volatility.

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