Pepeto Gains Traction as Whales Shift from PEPE Amid Crypto Surge

On July 3, the cryptocurrency market experienced significant movements as PEPE, a well-known meme token on the Ethereum blockchain, surged past $0.0000107, reaching its highest price in over two weeks. This rally coincided with Bitcoin surpassing $110,000 and Ethereum crossing $2,600. However, beneath this bullish sentiment, whale activity indicated a potential shift towards a new emerging player: Pepeto.

While PEPE benefited from the overall market optimism and Ethereum's rally, on-chain signals suggested caution. Whale wallets increased their holdings by 5% over the past month, but exchange balances dropped to a two-year low. This trend typically precedes either a breakout or profit-taking, and reports indicated that large holders were reallocating funds into Pepeto.

PEPE's recent climb was primarily driven by optimism around Ethereum and the broader crypto recovery. As an ERC-20 token, PEPE often benefits from Ethereum's major rallies. Whales now hold roughly 7.95 trillion PEPE tokens, with the top 100 wallets controlling 302 trillion tokens. Despite this strength, exchange balances continue to fall, suggesting that many holders are moving assets to cold storage to wait out volatility. Some analysts believe this behavior signals whales preparing to rotate profits elsewhere, particularly given PEPE’s high supply and lack of real-world features.

As whales reposition their holdings, Pepeto is gaining attention as a web3 project designed to move memecoins beyond mere speculation. Unlike many of its peers, Pepeto offers tangible value, including a dedicated meme token exchange, high-yield staking, and cross-chain interoperability through its bridging technology. Pepeto’s presale has already raised over $5.5 million, with a total supply capped at 420 trillion tokens. Thirty percent of the tokens are set aside for presale participants and 30% for staking rewards, supporting early adoption while rewarding long-term holders. Investors can earn staking yields of 271% APY, distributed per ETH block over a two-year timeframe.

Pepeto’s roadmap emphasizes stability, transparent allocations, and gradual feature rollouts. With four strategic phases, Pepeto plans to deliver real tools in a market known for short-lived hype, giving it a clear edge. The project’s blend of tools and incentives, including a token bridge for seamless swaps, a decentralized exchange for meme tokens, and high-yield staking rewards, positions it for sustainable growth. Unlike most memecoins that rely on viral moments, Pepeto focuses on long-term relevance through its transparent approach and useful features.

The market is slowly shifting toward projects with actual utility, and Pepeto’s combination of strong tokenomics and clear deliverables positions it ahead of many competitors. For whales hunting undervalued assets with true upside, Pepeto is checking all the boxes. Its blend of engaging branding and functional DeFi solutions makes it more than just a passing trend. Those searching for the next 100x contender may find Pepeto’s entry point ideal, as its presale’s success already shows increasing investor confidence.