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PepeCoin ($PEPECOIN), the original 'Pepe the Frog' inspired meme coin, has been making a lot of moves to become a thriving ecosystem of innovation. Just last month, they launched the Kek.bot, and now, the PepeCoin (PEPECOIN) team is all set to launch its BasedAI release candidate testnet called "CYAN."

Last week, the team shared an update on the BasedAI release, in which it noted that the internal testing of the "CYAN" testnet has been a resounding success. Bolstered by the robust performance and stability of BasedAI's "PROMETHEUS" testnet, the team has accelerated the schedule for its mainnet launch.

However, before that, BasedAI will launch its Release Candidate Testnet "CYAN" in the coming days, which will run only for a few weeks, significantly shorter than the PROMETHEUS, to evaluate the system's robustness and efficiency. This will follow the commencement of the Brain Mint event, and shortly after that, the BasedAI mainnet will be released.

Ahead of this impending big event, PepeCoin (PEPECOIN) is introducing the ability to earn additional mainnet $BASED tokens at an APY of over 20%.

Excited about the upcoming launch and the enhanced capabilities, community members have been putting their tokens to good use in order to take full advantage of this opportunity. In a matter of just three days, over $60mln was staked in anticipation of the BasedAI launch.

BasedAI is an AI-focused blockchain that aims to completely transform the world of both the blockchain and artificial intelligence through zk-LLMs (Zero Knowledge Large Language Models) with full smart contract capabilities.

By integrating decentralized storage and computation of open-source AI models directly into the consensus mechanism, BasedAI enables users to interact in a fully privacy-preserving manner. This approach democratizes the use and monetization of decentralized and advanced AI models while preserving privacy and offering smart contract functionality. And at the center of it all resides BASED and PEPECOIN tokens.

The $BASED token is used to pay for services and reward stakers, while the deflationary $PEPECOIN is burned or staked to acquire Brains, which serve as the principal mechanism for obtaining $BASED emissions.

The holders of the PepeCoin token ($PEPECOIN), meanwhile, have also been busy locking up their coins. More than 70% of PepeCoin (PEPECOIN) have actually been staked in the V2 rewards contract to capture the high APY.

Besides BasedAI, the PepeCoin ($PEPECOIN) team has also been developing several other applications, such as Kek Bot. The BasedAI-powered bot aims to offer a next-generation trading experience and has recently verified and indexed tens of thousands of unique prompts. The generative prompt trading bot has been seeing a lot of usage, with users earning rewards on trades and training Kek Bot v2.

All these recent developments put PepeCoin at the front of the crypto-AI revolution. With crypto adoption growing rapidly, trading bot usage rising in popularity, and AI changing the face of tech, PepeCoin is currently best positioned to capitalize on this massive opportunity.