Pepeto Presale Crosses $10.5M as Binance Listing Nears; XRP’s $8 Target Depends on Senate Vote

2 hour ago 1 sources positive

Key takeaways:

  • Pepeto's bridge-induced token utility could counteract meme-coin hype-driven post-listing dumps.
  • XRP's near-term fate hinges on the CLARITY Act vote, creating binary upside potential.
  • Speculative capital shifting to presales amid macro caution may indicate a late-cycle froth phase.

The meme‑coin presale market continues to heat up as Pepeto attracts massive early funding and positions itself for a Binance debut. The Federal Reserve held interest rates at 3.50–3.75% on July 29 for the fifth consecutive meeting, while Bitcoin spot ETFs recorded their first monthly net inflows since April, totalling $172.4 million, signaling a cautious return of capital.

Amid this backdrop, Pepeto has raised $10.55 million in its presale at a token price of $0.0000001886. The project, built by the founder behind the Pepe meme coin and a senior Binance engineer, offers a zero‑fee exchange and a cross‑chain bridge that moves assets across ETH, BNB, and Solana. Every bridge transfer processes through the PEPETO token, creating a structural link between usage and demand. Staking is live at 167% APY, compounding daily, further tightening supply ahead of the anticipated listing. SolidProof has completed a full codebase audit, and the project’s CoinMarketCap listing pipeline page is active—often the last step before an exchange debut.

Meanwhile, XRP trades at $1.08 with a $67 billion market cap, down 71% from its all‑time high. Senate Majority Leader John Thune indicated the CLARITY Act may miss the pre‑recess window, though White House crypto adviser Patrick Witt pushed back, suggesting a vote could still happen in early August. Polymarket puts the chance of 2026 passage at 43%. If the bill passes, Standard Chartered projects $4–8 billion in fresh ETF inflows and an $8 price target for XRP. Without the bill, XRP is expected to trade in a $1.00–1.50 range for the rest of the year.

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