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PEPE Down 10% in One Week; The PEPETO Effect?

03 February 2025 10:00, UTC

Pepe Coin (PEPE), one of the most popular meme-based cryptocurrencies, has seen a sharp decline, dropping nearly 20% over the past week. The token is currently trading around $0.00001389, reflecting a broader bearish sentiment in the crypto market.

The downturn follows a sustained drop since PEPE reached its all-time high in December 9, 2024, raising uncertainty among investors. The memecoin crypto community is now seeking coins with more defined upward trading trends, like the new token PEPETO.

PEPE Still Trading on a Bearish Trend

Despite a slight rebound shown in the daily chart, PEPE remains in a bearish trend on the daily chart. Key technical indicators, including the Relative Strength Index (RSI) at 42.95 and the Average Directional Index (ADX) at 31.75, signal ongoing weakness.

Although the RSI briefly entered oversold territory before bouncing back, analysts note that similar conditions preceded previous bullish waves.

These past recoveries resulted in price increases of over 336%, with a potential target of $0.000045. However, PEPE remains more than 55% below its all-time high of $0.000028, leaving traders cautious.

PEPETO Draws Interest From PEPE Holders

As PEPE struggles, a new contender, the “God of Frogs” PEPETO, is drawing interest from the memecoin market. Marketed as a sustainable alternative, #Pepeto incorporates features aimed at long-term value retention and growth. The project blends technology and optimization, two elements developers argue #Pepe lacks, to create a more robust ecosystem.

One of PEPETO’s standout features is its staking mechanism, which offers an annual return of 362%. Investors who stake their tokens receive passive income while contributing to the token’s overall stability. Additionally, PEPETO’s interoperability bridge allows seamless transactions between different cryptocurrencies, enhancing liquidity and trading efficiency.

To further cement its position in the memecoin space, PEPETO is set to launch PepetoSwap, a dedicated exchange. The platform aims to resolve market fragmentation by providing a secure and scalable environment for meme coin trading. The token has a total supply of 420 trillion, ensuring accessibility while maintaining an element of scarcity.

Presale and Exchange Listings Boost Adoption

PEPETO, currently priced at $0.000000107, saw its presale numbers grow past $4 million recently, with listings planned on five major exchanges set to take place during its public trading day launch. These listings are expected to increase visibility and liquidity, drawing in a larger investor base.

Further incentivizing adoption, the project will distribute staking rewards of 32 million PEPETO tokens per Ethereum block over the next two years.

While #Pepe remains a popular player in the meme coin sector, its recent price struggles and bearish technical outlook have led investors to explore alternatives. Whether #Pepeto can establish itself as a long-term competitor remains to be seen, but its emphasis on sustainability and structured incentives presents a stark contrast to PEPE’s volatile trajectory.

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.

Media links

Website: https://pepeto.io/

X (Twitter): https://x.com/Pepetocoin

YouTube Channel: https://www.youtube.com/@Pepetocoin

Telegram Channel: https://t.me/pepeto_channel

Instagram: https://www.instagram.com/pepetocoin/

TikTok: https://www.tiktok.com/@pepetocoin

Contact Details

Contact: TokenWire Team

Email: contact@tokenwire.io