Trump's Fund Boosts Ethereum; Pepeto Memecoin Challenges Existing Tokens

President Donald Trump’s World Liberty Fund (WLFI) has recently started acquiring Ethereum, leading to a surge in investor interest. Analysts believe that Trump’s involvement with the fund is stimulating demand for Ethereum in the market. Meanwhile, a new memecoin, Pepeto, is gaining traction and has strategic plans in place to challenge existing memecoins.

Pepeto, the “god of frogs,” follows a unique narrative that blends mythology with cryptocurrency. The project emphasizes staking as a core feature, allowing holders to earn rewards while contributing to network security. A dedicated Pepeto exchange is also in development, aiming to provide a specialized trading platform for meme tokens. The ecosystem includes a bridge enabling seamless transactions between memecoins and other digital assets.

Arkham Intelligence reported that WLFI, a DeFi protocol linked to Trump and his family, has been aggressively buying Ethereum. The fund has purchased 63,219 ETH, amounting to $200 million. Analysts believe Trump’s indirect involvement could be a bullish signal for Ethereum. Crypto influencer Lark Davis highlighted Ethereum’s past performance in February, noting an average monthly gain of 17% over the past eight years. He investigated whether WLFI’s buying activities would strengthen ETH’s price movement during this month. During the last 24 hours, Ethereum gained 2.38% value and its market value reached $2,781.18. The trading volume for Ethereum during the last 24 hours exceeded $48.42 billion as its market capitalization reached $335.19 billion.

The Pepeto team has announced plans to list Pepeto on five major exchanges during its presale phase. These listings aim to enhance visibility and accessibility for investors. Pepeto’s allocation strategy focuses on sustainability, with 30% dedicated to staking rewards and another 30% for the presale. Marketing efforts will receive 20% of the total supply, ensuring mass adoption through influencer partnerships and promotional campaigns. Additionally, 7.5% of the supply will support ongoing project development. A liquidity reserve of 12.5% will maintain stable trading conditions across exchanges.

The Pepeto project has laid an ambitious roadmap, with milestones marking its progression. Its upcoming launch, PepetoSwap, is expected to