Pepeto (PEPETO) Token Presale Surpasses $3.6 Million, Challenging Shiba Inu (SHIB) Dominance in the Memecoin Market

SHIB has witnessed a substantial surge in its burn rate lately. Meanwhile, the PEPETO token is attracting interest with its presale surpassing $3.6 million

SHIB price saw a massive surge in its burn rate, spiking by 951.63% in a day. According to the Shibburn X account, over 30 million SHIB tokens were burned during this period. The weekly burn also saw a considerable boost, rising by 40% to a total of almost 91 million tokens incinerated.

HOURLY SHIB UPDATE

$SHIB Price: $0.00002205 (1hr -0.22% , 24hr -4.46% ) Market Cap: $13,009,105,428 (-4.57%) Total Supply: 589,256,859,680,246

TOKENS BURNT

Past 24Hrs: 30,067,245 (951.63%)

Past 7 Days: 90,978,818 (41.22%)

SHIB is currently valued around $0.000021, with a trading volume of $1.49 billion as at press time. Despite its 2.29% decline lately, SHIB retains a substantial market capitalization of $12.38 billion. On the derivatives front, SHIB trading volumes spiked by 55.66% to $462.64 million, showing heightened speculative interest.

Pepeto price is now at $0.000000105, with around $3,789,125.15 raised so far.

Pepeto total supply is 420 Trillion tokens where 30% of the total supply is dedicated to the presale phase, ensuring liquidity and fostering early participation. Another 30% supports staking rewards, encouraging long-term holding and ecosystem stability. Marketing initiatives receive 20% of the total supply, funding partnerships, influencer collaborations, and promotional efforts to drive adoption.

Moreover, 7.5% is allocated for project development, ensuring that Pepeto continues to innovate and adapt post-launch. 12.5% of reserves are liquidity reserves, which ensure stability and seamless trade across exchanges. Staking is still essential to the Pepeto ecology. Long-term community involvement is reinforced by the ability for investors to get rewards exceeding 350% annually. With its impending launch, the PepetoSwap platform claims to revolutionize meme token trading. It seeks to establish a new standard for blockchain integration with its cross-chain bridge, improved security, and zero costs.