According to CoinMarketCap data, the cryptocurrency market experienced a significant downturn over the past week, with Bitcoin falling 8.9% to $111,452.76, Ethereum declining 16.4% to $3,770.65, and BNB dropping 6.8% to $1,093.59. This sell-off was triggered by U.S. President Donald Trump's announcement of additional tariffs on Chinese exports and software controls, leading to what Coinglass described as the largest liquidation event in crypto history, with over $19 billion in leveraged positions wiped out and more than 1.6 million traders liquidated.
Amid this market turmoil, Pepeto (PEPETO) has raised $6,996,954.27 in its ongoing presale, offering tokens at $0.000000158 each. Built on Ethereum, the project integrates utility features such as zero-fee trading through its PepetoSwap demo exchange, a cross-chain bridge, and a staking system offering up to 221% APY rewards. The staking mechanism is positioned as a strategic option for investors during market uncertainty, allowing participants to increase their holdings over time and offset volatility.
Pepeto has completed two independent audits with SolidProof and Coinsult, ensuring security and transparency, and is pursuing exchange listings to support its roadmap toward a full public launch. With a total supply of 420 trillion tokens, identical to PEPE Coin's structure, Pepeto aims to balance meme culture with verified utility, attracting both retail and early institutional attention.