Is Pepeto the next 100x player?
The post Is Pepeto the next 100x player? appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE rallies past $0.0000107 as ETH and BTC surge, but whale moves hint Pepeto could be the next big breakout. The crypto market witnessed a major shake-up on July 3, as PEPE, one of Ethereum’s best-known meme tokens, jumped above $0.0000107, marking its highest price in over two weeks. The rally came as Bitcoin topped $110,000 and Ethereum crossed $2,600. Yet beneath this surge, whale activity revealed a different narrative, one that could point toward the next big mover: Pepeto. While PEPE rode temporary bullish sentiment, its on-chain signals are flashing caution. Whale wallets increased holdings by 5% over the past month, but notably, exchange balances fell to the lowest point in two years. Such trends typically precede either a breakout or profit-taking. In this case, reports suggest that large holders are reallocating funds into the emerging player Pepeto. PEPE: Bullish momentum mixed with uncertainty PEPE’s recent climb was fueled mainly by optimism around Ethereum and a general crypto recovery. As an ERC-20 token, PEPE often benefits from Ethereum’s major rallies.According to Nansen, whales now hold roughly 7.95 trillion PEPE tokens, up considerably since last month. The top 100 wallets alone control 302 trillion tokens. Meanwhile, Pepeto is trading at $0.059565. Despite this strength, exchange balances continue to fall. As of July 3, only 246.96 trillion tokens remained on centralized platforms. This shows many holders are moving assets to cold storage, perhaps 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. Pepeto: A new chapter for memecoins As whales reposition, Pepeto is capturing fresh attention as a web3 project designed to move…
The post Is Pepeto the next 100x player? appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE rallies past $0.0000107 as ETH and BTC surge, but whale moves hint Pepeto could be the next big breakout. The crypto market witnessed a major shake-up on July 3, as PEPE, one of Ethereum’s best-known meme tokens, jumped above $0.0000107, marking its highest price in over two weeks. The rally came as Bitcoin topped $110,000 and Ethereum crossed $2,600. Yet beneath this surge, whale activity revealed a different narrative, one that could point toward the next big mover: Pepeto. While PEPE rode temporary bullish sentiment, its on-chain signals are flashing caution. Whale wallets increased holdings by 5% over the past month, but notably, exchange balances fell to the lowest point in two years. Such trends typically precede either a breakout or profit-taking. In this case, reports suggest that large holders are reallocating funds into the emerging player Pepeto. PEPE: Bullish momentum mixed with uncertainty PEPE’s recent climb was fueled mainly by optimism around Ethereum and a general crypto recovery. As an ERC-20 token, PEPE often benefits from Ethereum’s major rallies.According to Nansen, whales now hold roughly 7.95 trillion PEPE tokens, up considerably since last month. The top 100 wallets alone control 302 trillion tokens. Meanwhile, Pepeto is trading at $0.059565. Despite this strength, exchange balances continue to fall. As of July 3, only 246.96 trillion tokens remained on centralized platforms. This shows many holders are moving assets to cold storage, perhaps 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. Pepeto: A new chapter for memecoins As whales reposition, Pepeto is capturing fresh attention as a web3 project designed to move…
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