PEPE has extended its weekly decline with a fresh 24-hour dip of over 3%, reflecting sustained selling pressure and market uncertainty. The token has lost more than 22% over the past week, driven by large whale offloads and reduced investor appetite for risk.
Amid this backdrop, Pepeto is gaining momentum during its presale phase, drawing interest from users seeking utility-backed meme tokens. With staking rewards, cross-chain functionality, and a structured roadmap, Pepeto is positioning itself as a stable alternative in a volatile market.
Pepeto Attracts Investor Attention During Presale Stage
Pepeto has raised over $5.4 million during its presale phase, nearing its target cap of $5.67 million. The token is priced at $0.000000135 and has drawn interest for combining meme coin culture with functional tools.
The Pepeto project has allocated its total supply of 420 trillion tokens across staking, presale, marketing, liquidity, and development. The team structured the tokenomics to maintain balanced growth and avoid early overexposure.
More than 30 trillion tokens are already staked, with an annual reward rate of up to 280%. Payouts are made with every Ethereum block, allowing for predictable returns. Pepeto’s roadmap includes the release of a meme-focused decentralized exchange and a cross-chain bridge.
PEPE Price Sees Short-Term Weakness Amid Market Uncertainty
PEPE is trading at $0.00001017, a 2.53% increase over the last 24 hours, reflecting a 4% drop in the past 24 hours and a 22% drop for the week. The coin’s market capitalization now stands at around $4.24 billion after losing $1.3 billion over the last seven days. The price action reflects broader market weakness as investors reduce exposure to volatile assets.
On-chain data shows that a whale wallet, identified as 0x6ea4, offloaded 600 billion PEPE tokens to Binance, possibly accepting a $3.5 million loss. This large sell order has raised concerns about future pressure on the token. However, a separate wallet withdrew over 500 billion PEPE from Binance recently, suggesting other holders may still see value at current prices.
Pepeto Focuses on Utility, Community, and Long-Term Use
Pepeto is creating more than a meme token because the team has placed a lot of focus on staking, usability, and ecosystem building. The inter-chain bridge that enables inter-chain transactions of tokens is already operational.
Moreover, the future of Pepeto’s decentralized exchange will be able to accommodate a wide range of community tokens and offer features of zero-commission trading. These tools aim to attract the attention of users not only during the hype of memes.
The project has also prioritized transparency in its operations. Smart contract audits and fund usage plans have been made public. The roadmap includes community events, token listings, and regular updates.
According to the developers, these efforts are part of a broader strategy to maintain long-term interest and trust in the project. Besides, in a tweet, they announced that the demo of the Pepeto exchange is set to be displayed soon.
As many meme coins focus on short-term trends, Pepeto positions itself differently by offering utility and infrastructure within the meme token space.
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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Source: PEPE Sees 24-Hour Price Dip As Investors Wait on Market Correction
