PEPE has faced renewed bearish pressure, dropping over 22% in a week following major whale sell-offs and profit-taking. One large wallet reportedly sold $6 million worth of PEPE, triggering heightened volatility and a sharp market cap decline.Â
Meanwhile, Pepeto is gaining traction as a rising meme-based crypto project offering real utility. With over $5.4 million raised in its presale and strong staking incentives, Pepeto is attracting long-term investors. Its roadmap includes staking, a cross-chain bridge, and upcoming tools designed specifically for meme token trading.
Pepeto Gains Momentum with Utility-Focused Model
Pepeto is positioning itself as a strong alternative to traditional meme coins by combining usability with community appeal. The project has already raised over $5.4 million in its presale phase. Its token price is currently at $0.000000135. Pepeto has attracted long-term holders due to features such as staking rewards and a cross-chain bridge.
In addition, Pepeto has outlined a structured development roadmap. The team has split the total 420 trillion token supply across different areas. About 30% is allocated to staking, another 30% to presale buyers, and 20% to marketing. The remaining 12.5% and 7.5% are reserved for liquidity and development, respectively.Â
A meme-focused exchange and trading tool is also in development, targeting the broader meme token market. Smart contract audits and clear fund usage reports have been published, which have added transparency.
PEPE Sees Heavy Sell-Off Amid Whale Activity
PEPE is trading at $0.059982, a 0.26% drop over the last 24 hours, with over $1.3 billion wiped from its market cap this week. The decline follows several large whale transactions, including a wallet identified as 0x6ea4, which deposited 600 billion PEPE to Binance.Â
Data from LookOnChain shows that this whale sold PEPE worth over $6 million, with analysts estimating a $3.5 million loss from these trades.
Despite the sharp drop, some wallets are accumulating the token. A newly created address withdrew around 500.6 billion PEPE from Binance, equal to about $5.2 million. This move suggests that some investors are viewing the dip as a buy opportunity.Â
CoinGlass data shows PEPE open interest rising 7.6% over the past 24 hours, even as the derivatives volume fell by 8%.
Pepeto Offers Staking and Trading Tools for Meme Token Fans
Pepeto is aiming to attract the same user base with functional offerings. The team behind Pepeto has built a staking system that is already operational and widely used.Â
Early adopters are benefiting from high-yield returns while the project is still in its presale phase. This model is designed to keep users engaged and provide passive earnings in a transparent manner.
The Pepeto platform is also developing a no-fee swapping tool and a multi-chain bridge. These features are meant to simplify trading across blockchains. A meme-token-specific exchange is also planned. With clear goals and working features, Pepeto is shaping up to be more than a trend-driven token.Â
ABOUT PEPETO
Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful, utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens.
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