Pepeto (PEPETO), a new Ethereum-based meme coin combining viral appeal with DeFi functionality, has raised $5.73 million during its ongoing presale phase priced at $0.000000144 per token. The project attracted over 100,000 community members through its unique value proposition of zero-fee trading via PepetoSwap and cross-chain bridging capabilities.
Unlike typical meme coins, Pepeto emphasizes utility with a transparent token structure: 420 trillion total supply allocated to staking rewards (30%), marketing, and development. The pseudonymous team has demonstrated progress through audited contracts, a functional exchange demo, and active community AMAs. Market analysts project 5x-10x price growth within 12 months if roadmap milestones like mainnet launch and major exchange listings materialize amid Ethereum's bullish momentum.
Pepeto's potential upside is further buoyed by Ethereum's market strength, where options data shows concentrated call positions at $3,000-$4,000 strike prices. The project differentiates itself from peers like PEPE and SHIB through its operational infrastructure rather than pure speculation.