In the last week, PEPE faced significant pressure from large holders, while the new token PEPETO has begun to attract attention due to its successful presale.
Overview of PEPE's Status
As a result of actions by two large investors, PEPE incurred losses exceeding $12 million. These sales have eroded trust among major holders. PEPE continues to show a downturn, falling back into a descending channel after a failed breakout.
PEPETO: Advantages and Strategy
PEPETO is drawing attention due to low listing costs, cross-chain integration, and strong staking incentives. As of this writing, PEPETO has raised over $5 million in its ongoing presale, offering attractive conditions for long-term holders.
What to Watch for in the Future?
The state of PEPE raises concerns among investors, while PEPETO shows growth and transparency. As a rising project, PEPETO may well become a stable choice for those seeking alternatives to traditional meme tokens.
Thus, amidst the instability in the meme token market, PEPETO could be an interesting choice for investors looking for more reliable opportunities.
