Promotional reports are positioning the meme coin project Pepeto as a potential “SHIB killer,” citing a presale that has raised more than $10.9 million and attracted over 43,000 holders ahead of an expected exchange listing.
The articles note that Shiba Inu was trading around $0.000005269 with a 24-hour gain of 4.16% and a market cap near $3.1 billion on September 12. SHIB reportedly bounced 5.6% from the $0.000005 support level on September 11, but faces resistance between $0.00000555 and $0.0000057. With 589 trillion circulating tokens, the reports argue that SHIB's long-term upside remains possible but slower than a new, small-cap token.
Pepeto's pitch centers on a live zero-fee exchange called PepetoSwap, a $0 cross-chain bridge covering Ethereum, Solana, Base, Arbitrum, and BNB Chain, and a security scanner that simulates buy and sell transactions and blocks honeypots by default. The project claims a fixed 420 trillion supply, a staged presale price of $0.0000001894, staking rewards of 163% APY claimable at listing, and an approaching Binance listing.
Broader market context includes a 1.9% drop in total crypto market capitalization to $2.7 trillion on September 11 after hot US inflation data pushed Bitcoin below $77,000. Meanwhile, Solana applications generated $5.09 million in fees on September 9, compared with BNB Chain at $3.3 million and Ethereum at $1.52 million. The reports also mention Tron following the launch of the Canary Staked TRX ETF and Hyperliquid near a $19.86 billion market cap, but the main promotional focus remains on Pepeto's presale and expected listing.
These articles are promotional in nature and should not be treated as financial advice.