Ethereum News Today: Ethereum Meme Coin Pepeto Raises $5.7M in Stage 6 Presale

Pepeto, an Ethereum-based meme coin, has completed Stage 6 of its presale, raising $5.77 million and attracting over 100,000 community members. The token’s strong performance underscores the growing interest in meme coins that offer more than just speculative hype, with Pepeto distinguishing itself through the development of real-world blockchain infrastructure [1][2]. The project has outlined plans for PepetoSwap—a zero-fee exchange—and a cross-chain bridge designed to enhance interoperability across blockchain networks.

The presale success is attributed in part to Pepeto’s structured tokenomics model, which allocates supply across staking rewards, marketing, liquidity provision, and project development. Investors are incentivized through a tiered pricing strategy, with the token currently priced at $0.000000144, and costs increasing in later stages to reward early participation. The team credits this model for fostering early traction and community engagement, contributing to the presale’s momentum [2].

From a market perspective, Pepeto’s fundraising reflects broader trends in the Ethereum ecosystem. The platform’s 10-year history has solidified its position as the go-to infrastructure for innovative token projects, including meme coins. Ethereum’s smart contract capabilities and developer support make it an attractive environment for projects like Pepeto, which aim to combine community-driven growth with functional blockchain tools [1].

While meme coins are often criticized for lacking real utility, Pepeto’s ability to raise nearly $5.8 million in a short time suggests that the project has successfully captured investor sentiment and community interest. This aligns with the crypto market’s tendency to favor projects with strong social engagement and clear development roadmaps. The challenge ahead lies in converting this momentum into long-term value through the successful implementation of its planned infrastructure and utility features [2].

As the presale continues, the project must maintain transparency and deliver on its promises to ensure sustained interest and trust from its growing community. With Ethereum-based tokens gaining renewed attention, Pepeto’s structured approach and meme-themed branding position it to benefit from the ongoing enthusiasm for community-driven digital assets. The presale’s progress highlights the potential of Ethereum-based meme coins to attract both capital and innovation in the evolving crypto landscape [1].

Source: [1] 10 Years of Ethereum : ETH Meme Coin Pepeto Ends Stage 6 With $5.770.000 Raised In Presale (https://www.investing.com/news/cryptocurrency-news/10-years-of-ethereum--eth-meme-coin-pepeto-ends-stage-6-with-5770000-raised-in-presale-4163530)

[2] Ethereum Meme Coin Pepeto Raises $5.7M in Stage 6 (https://www.ainvest.com/news/ethereum-news-today-ethereum-meme-coin-pepeto-raises-5-7m-stage-6-presale-driven-structured-ecosystem-development-2507/)