Bitcoin has crossed a significant supply milestone, with the 20 millionth coin mined over the weekend. According to network data, this leaves only 1 million BTC left to be produced over the next century, with approximately 450 coins mined daily. The halving mechanism, which reduces the mining reward every four years, means the final Bitcoin is projected to be mined around the year 2140.
Raphael Zagury of Elektron Energy highlighted the "unprecedented" supply transparency this represents for any asset class. However, Charles Edwards, founder of Capriole Investments, tempered the news by noting the event "carries no market impact since the supply curve has been known and priced in for years." Concurrently, Bitcoin's price has recovered above the $70,000 level, trading around $70,441, with analysts eyeing a test of $74.5K resistance to confirm a bullish trend.
While Bitcoin's milestone dominated headlines, significant capital is flowing into a new presale project. The Pepeto (PEPETO) presale has raised over $7.9 million ahead of the launch of its associated decentralized exchange, PepetoSwap. The project is led by a co-founder associated with the original Pepe (PEPE) meme coin, which achieved an $11 billion market cap.
PepetoSwap is designed as a multi-chain exchange connecting Ethereum, BNB Chain, and Solana, offering zero-fee trading and cross-chain bridging. The platform also incorporates AI-driven contract risk analysis. The project's technical build is led by a former Binance executive, and its codebase has been fully audited by SolidProof. The presale capital, raised during a market downturn, is seen by proponents as a strong vote of confidence from sophisticated investors.
The news also references other projects in the presale space. DeepSnitch AI, an analytics platform, has raised over $2 million, while Bitcoin Hyper is an ambitious project focused on Bitcoin scalability that is still in development. The article positions Pepeto as the leading opportunity, drawing parallels to the growth trajectory of Binance Coin (BNB), which grew from its presale to a $90 billion valuation.
