BabyPepe is a deflationary token birthed by fans of the pepe meme community on Arbitrum. Holders earn reflection rewards automatically sent to their wallets and 5% from each transaction is redistributed. It aims to be a second chance for those who missed $PEPE, with features like a renounced smart contract, low taxes (1/1%), and locked liquidity for one year. The project has passed audits and is fast-tracked on CMC/CG, trending on CMC and DEXTools. It also appears to be a successor project to $BabyDoge, aiming to address past failures and internal conflicts within that community.