The cryptocurrency market is showing signs of a robust recovery, with total capitalization reaching $3.25 trillion and Bitcoin surpassing $93,000. This renewed risk appetite is particularly evident in the meme coin sector, which has surged past a $51 billion total market value, rebounding from lows near $35 billion. Leading the charge is Pepe (PEPE), which has recorded an impressive 64% gain in the past 24 hours, outpacing Dogecoin (DOGE) and Shiba Inu (SHIB).
Amid this resurgence, the PepeNode (PEPENODE) project is capturing significant attention. Billed as the first "mine-to-earn" initiative in crypto, it has raised over $2.5 million in its ongoing presale, which is set to conclude in just three days. The project aims to launch an innovative virtual mining simulator that allows users to build and manage virtual mining rigs to earn external cryptocurrencies, primarily PEPE and Fartcoin (FARTCOIN).
The gameplay emphasizes strategic resource management over repetitive tasks, drawing inspiration from titles like Zoo Tycoon and Factorio. To ensure long-term sustainability, the project's tokenomics include a permanent burn mechanism, where 70% of tokens spent on in-game upgrades are removed from circulation. The PEPENODE token is currently priced at $0.0012161 in the presale and can be purchased using ETH, USDT, BNB, or fiat currency. The project's smart contract has been audited by Coinsult.
