Major investors are shifting capital from established memecoins Shiba Inu (SHIB) and Pepe (PEPE) to emerging token Pepeto (PEPETO), which has raised $5.5 million in its ongoing presale. This migration stems from PEPETO's focus on tangible utility—a stark contrast to legacy memecoins struggling with technological limitations. SHIB continues facing scalability challenges while PEPE lacks substantive functionality beyond meme value.
PEPETO distinguishes itself through a comprehensive ecosystem: cross-chain interoperability across Ethereum, BNB Chain, and Solana; a zero-fee decentralized exchange (PepetoSwap) with 850+ pre-vetted tokens; and staking rewards offering 268% APY—already attracting over 31 trillion staked tokens. Tokenomics allocate 420 trillion total supply with 30% for presale, 30% for staking rewards, 20% for marketing, and 12.5% for liquidity.
Meanwhile, Dogecoin (DOGE) shows resilience with a 10% price surge to $0.2360 and $16.8 billion 24-hour trading volume. Analysts note thin resistance between $0.21-$0.36, though PEPETO's presale price of $0.000000141 presents a potential 92x return opportunity—drawing comparisons to SHIB's 2021 bull run. Market-wide, memecoins gained $17 billion in July, reaching a $72 billion capitalization.