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Shiba Inu (SHIB) is experiencing renewed institutional interest, with significant token accumulation and increased destruction rates reducing circulating supply. Within 24 hours, institutional net flows jumped from 26 billion to 422 billion SHIB, indicating large-scale positioning by institutional investors. Concurrently, destruction mechanisms eliminated 629 billion tokens in a week, amplifying scarcity dynamics [1]. Analyst Joe Swanson identified technical signals—namely a cup-and-handle and a double bottom pattern—suggesting potential price recovery if the token holds above $0.0000103 and breaks $0.0000171 [1].
This renewed attention has coincided with the rapid expansion of the Pepeto (PEPETO) launch, a newly emerging meme token. Pepeto is priced at $0.000000144 and has raised over $5.8 million. Its staged pricing model has driven early demand, with increasing participation at higher price points. The project has introduced development milestones, including a beta version of its exchange, signaling progress toward its roadmap [1].
Pepeto’s utility-focused strategy includes features such as PepetoSwap, a zero-fee trading platform, and a cross-chain bridge, aiming to merge meme culture with real-world functionality. The project also integrates yield programs to incentivize long-term participation and reduce selling pressure. Supply distribution allocates 30% to launch participation and 30% to yield incentives, with additional allocations for marketing, liquidity, and development. Notably, the project does not impose trading fees, further enhancing its appeal [1].
The interplay between SHIB’s institutional activity and Pepeto’s launch has drawn market attention. Analysts suggest that if SHIB continues to gain momentum, it could spur broader interest in emerging meme tokens like Pepeto. Given SHIB's historical influence on the sector, a potential move toward $1 could catalyze renewed demand for similar assets [1].
While SHIB currently trades at $0.000012 with a 1.79% decline, its market presence remains strong. The token’s movements often dictate sentiment within the meme coin space. Pepeto’s early success, combined with SHIB’s evolving institutional narrative, positions the two as focal points in the meme cryptocurrency landscape heading into 2025 [1].
Source: [1] Pepeto Launch Escalates as Shiba Inu (SHIB) Institutional Activity Drives Meme Token Momentum https://coincheckup.com/blog/pepeto-launch-escalates-as-shiba-inu-shib-institutional-activity-drives-meme-token-momentum/

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