Ethereum News Today: Ethereum Whales Shift to PEPD Presale as ETH Eyes $10,000 Outlook

Ethereum’s price performance remains under close scrutiny in early 2025, with large ETH holders increasingly shifting capital into alternative projects that offer high-growth potential. Among these, the Pepe Dollar (PEPD) presale has emerged as a key focal point, drawing attention from major whale investors in the Pepecoin (PEPE) and Brett (BRETT) communities [1]. The presale has already surpassed 60% of its allocation, indicating strong early demand and positioning PEPD as one of the most active presale projects in the market [2].

The trend highlights a broader shift in whale investment strategy, where diversification is becoming a more common tactic in a maturing crypto market. Rather than holding large quantities of ETH, some whales are opting to balance their portfolios with tokens that blend meme culture with real-world utility. Pepe Dollar has attracted particular interest due to its projected 100X potential and its ability to replicate the growth trajectory of Shiba Inu (SHIB) [6]. Analysts have even drawn comparisons between PEPD and Ethereum’s early development, suggesting the token could hit $1 by mid-2026 [7].

Market observers also note that Ethereum’s bullish momentum may be supported by continued accumulation from institutional and high-net-worth investors. Recent large ETH purchases indicate confidence in the asset’s long-term fundamentals, especially if the price remains above $3,750 and continues to test levels such as $4,100 [8]. While some forecasts project ETH reaching $10,000 in the future, these remain speculative and should be treated as analyst outlooks rather than immediate market signals [9].

Pepe Dollar’s momentum is further reinforced by broader market conditions, particularly as ICP faces a price slump, prompting investors to pivot toward PEPD as a more viable growth opportunity [5]. The project has already raised $5.9 million in its early stages, with some estimates suggesting a potential $1 billion market cap within five months [5]. These figures, however, are based on speculative modeling and should not be interpreted as guaranteed outcomes.

Despite the enthusiasm surrounding PEPD and similar projects, it is essential to distinguish between actual market activity and speculative forecasts. While whale diversification indicates a dynamic and evolving market, it also underscores the inherent volatility and uncertainty that continue to define the crypto space.

Source:

[1] Pepecoin, Brett and Pepe Dollar: Top Crypto Presale

https://coincentral.com/pepecoin-brett-and-pepe-dollar-top-crypto-presale-pepe-dollar-could-overtake-based-bretts-marketcap-pepe-investors-buy-pepd/

[2] ETH Millionaire Buys In Top Crypto Presale; Pepe Dollar

https://coincentral.com/eth-millionaire-buys-in-top-crypto-presale-pepe-dollar-pepd-outshines-presale-competition-neo-pepe-neop-and-lil-pepe-lilpepe/

[5] Pepeto could hit $1b market cap within 5 months

https://crypto.news/binance-listing-on-the-horizon-pepeto-could-hit-1b-market-cap-within-5-months-following-shiba-inus-path/

[6] ICP Price Slump Fuels Best Crypto Presale: Why PEPD Is

https://blockchainreporter.net/icp-price-sluim-fuels-best-crypto-presale-why-pepd-is-the-go-to-crypto-for-2025s-biggest-meme-gains/

[7] Analysts Compare This Token's Trajectory to Early ETH Days

https://coinpedia.org/press-release/analysts-compare-this-tokens-trajectory-to-early-eth-days/amp/

[8] Ethereum To Hit $10K! Here's Why ETH Whales Are

https://crypto-economy.com/ethereum-to-hit-10k-heres-why-eth-whales-are-buying-the-best-crypto-presale-pepe-dollar-pepd-before-ethereum-reaches-aths/

[9] Which Crypto to Buy Today for Long-Term Gains? BTC And

https://99bitcoins.com/news/altcoins/live-crypto-news-august-5-which-crypto-to-buy-today-for-long-term-gains-btc-and-eth-accumulation-surges-despite-dex-slowdown/