Ethereum News Today: Bitcoin and Ethereum Whales Shift Focus to Pepe Dollar Amid Meme Coin Evolution

Investors in the fast-growing Snorter (SNORT) sniper bot are beginning to shift their attention to Pepe Dollar (PEPD), a Layer-2 Ethereum project that has drawn the interest of Bitcoin and Ethereum whales. While Snorter targets short-term traders with its Telegram-based sniping capabilities and high-yield staking promises, Pepe Dollar is building a more comprehensive and satirical ecosystem with real utility, including QR-based payments and DeFi systems [1].

Pepe Dollar (PEPD) mimics the U.S. Federal Reserve by capping its token supply at 3.695 billion units, a figure derived from the U.S. national debt of $36.95 trillion. Prior to its official launch, 29% of the total supply—over 1 billion tokens—will be permanently burned, significantly mitigating inflation risks. Beyond its supply mechanics, the token offers practical features like Telegram tipping, meme coin minting through the Pepedollar.fun platform, and a DeFi-based credit system [1].

Snorter (SNORT), on the other hand, emphasizes speed and ease of use. Its Telegram-based sniper bot allows users to paste a token address and execute trades at launch using real-time liquidity scans. With a private Solana RPC, the bot promises fast and MEV-resistant trades. The presale has already raised $2.5 million, with staking rewards as high as 167% APY. However, many investors are cautious, noting that the bot is still in pitch mode and lacks a live deployment or active team engagement [1].

Bitcoin and Ethereum whales are increasingly drawn to Pepe Dollar (PEPD) for its multifaceted utility. The project includes a meme coin launchpad, real-world payment plugins, NFT gamification elements, and community staking with on-chain credit scoring. These tools position Pepe Dollar (PEPD) as more than a meme—it is a satirical yet functional monetary model. With the presale currently offering tokens at $0.004688 and over 58% of Stage 1 already sold, early buyers are securing positions ahead of the projected launch price of $0.03695 [1].

While Snorter (SNORT) appeals to traders seeking quick entry into the meme coin space, Pepe Dollar (PEPD) is attracting builders, creators, and DeFi veterans. Its minting platform, Pepedollar.fun, allows for no-code token creation with bonding curve integration, making it an attractive option for developers. This ecosystem-first strategy supports a broader on-chain cultural operating system, moving beyond traditional meme coin dynamics [1].

As the meme coin landscape continues to evolve, projects like Pepe Dollar (PEPD) that blend humor with infrastructure are likely to gain traction among investors looking for more than short-term hype. With its unique parody of fiat systems and practical on-chain tools, Pepe Dollar (PEPD) is positioning itself as a project that offers both cultural relevance and real-world functionality [1].

Source: [1] Snorter Bot Investors Peek Over At Pepe Dollar As Federal Reserve Parody Entertains Bitcoin and Ethereum Whales (https://blockonomi.com/snorter-bot-investors-peek-over-at-pepe-dollar-as-federal-reserve-parody-entertains-bitcoin-and-ethereum-whales/)