The global cryptocurrency market has shown signs of recovery after several days of volatility, with the total market capitalization increasing by over 4% in the past 24 hours to reach $3.76 trillion. This shift indicates renewed market confidence and a return of liquidity to leading assets, including Bitcoin, Ethereum, and mid-cap altcoins.
Amid this recovery, Pepeto (PEPETO), a meme-inspired token often referred to as the God of Frogs, has announced significant developments. The project's presale has surpassed $7 million in total funding, prompting the launch of a $700,000 community giveaway and the introduction of staking rewards offering up to 221% annualized yield.
The giveaway campaign includes a top award of $300,000, second and third prizes of $200,000 and $100,000, respectively, and several community prizes of $25,000 each. Participants can verify eligibility through official Pepeto channels, with the distribution designed to recognize engagement within the community.
Pepeto, which features a 420-trillion token supply format similar to earlier meme coins, is transitioning from a presale token to a platform emphasizing ecosystem participation. The staking program allows users to lock tokens and earn rewards, reflecting a move towards reward-based engagement. Additionally, the project plans to integrate a zero-fee exchange into its unified ecosystem, combining utility and entertainment.
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