Ethereum's outperformance over Bitcoin has become a defining trend in recent weeks, with major institutional moves signaling a capital rotation into the Ethereum ecosystem. BitMine added 101,901 ETH at an average price of $2,369 per token, pushing its total holdings past 5 million ETH. Spot ETF flows further reinforce this shift, and early-stage projects aligned with Ethereum—especially those on Layer 2 networks like Base—are capturing the spillover.
Two presale campaigns leading this charge are Based Eggman ($GGs) and Pepeto. Based Eggman, currently in Stage 3, is raising capital at $0.010838 per token, with $314.8K raised so far (about 26% of its stage goal) and 40.31 million tokens sold. The presale includes a BASED-50 code that grants buyers 50% extra tokens, and staking is already active during the presale—an unusual feature that allows participants to earn rewards before exchange listings. Roughly four days remain before the next price tier increase.
Pepeto, on the other hand, has raised over $9.5 million, tapping into Pepe-adjacent meme sentiment that historically thrives when ETH outperforms. The two projects appeal to different buyer profiles: Pepeto leans on meme energy, while Based Eggman offers utility through its Web3 gaming and Social-Fi infrastructure, including play-to-earn arcade tournaments, streamer tipping and subscriptions in $GGs, and staking enabled during the presale.
Meanwhile, easing geopolitical tensions—specifically the easing of Strait of Hormuz pressures that drove 82,197 BTC out of major exchanges over 57 days—are also fueling a rebound in early-stage projects. Based Eggman has benefited from this shift, as capital returns to risk-on assets. Another notable presale is BlockchainFX (BFX), which is in its final stretch, having raised over $14.3 million with 22,000+ holders at $0.035 per token. Its launch trigger is set at $15 million, after which the presale closes. BlockchainFX aims to build a crypto-native trading super app covering over 500 assets across crypto, forex, stocks, ETFs, commodities, and more.
The combined effect of ETH inflows, spot ETF momentum, and easing global tensions is directing attention to the top crypto presales, with Based Eggman and Pepeto emerging as clear beneficiaries.
