Dogwifhat Rumored Correction Imminent as Pepeto is Named Next 100x Memecoin

PEPETO

The post Dogwifhat Rumored Correction Imminent as Pepeto is Named Next 100x Memecoin appeared first on Coinpedia Fintech News

The price of Dogwifhat (WIF) showed continuous decline reaching an 8.98% decrease in the previous 24 hours. A careful examination of WIF shows that the coins remain below important resistance areas indicating it may fall further. Meanwhile, a new memecoin, #Pepeto (PEPETO), has been gaining attention, with many in the crypto community speculating that it could be the next 100x memecoin. Pepeto has already raised over $4.8 million in its presale and is preparing for its official launch.

Pepeto Introduces New Features for Memecoin Investors

Developers of #Pepeto continue to push its success in the crypto market by presenting it as the upcoming evolution of memecoins. Past memecoins lack the long-term sustainability of Pepeto because it uses a staking model and cross-chain exchange technology as well as its independent trading platform. Staking investors can collect passive rewards by using the bridge system to connect Pepeto with other crypto assets easily.

The team behind Pepeto has emphasized that the project is intended to provide real utility. The developers stated that they are integrating Technology and Optimization to establish a genuinely sustainable memecoin. They also mentioned that the launch of PepetoSwap, a dedicated exchange for memecoins, is expected to strengthen the project’s ecosystem by offering a secure and efficient trading platform.

Dogwifhat Faces Continued Downtrend

WIF remains in a bearish trend, trading far below the Ichimoku Cloud, which indicates strong resistance ahead. WIF is trading at $0.625076, with a market cap of $624,351,490. The token has dropped from its previous highs near $3.00 and has shown no clear signs of a reversal. With an RSI of 34.54, WIF is approaching oversold conditions, suggesting a potential short-term bounce. However, the MACD remains bearish, and traders are closely watching for a possible crossover that could indicate a shift in momentum.

Source: TradingView

The derivative trading market for WIF showed reduced activity because open interest fell 6.54% along with a 19.06% decline in trading volume. During the past 24 hours liquidations reached $2.15 million while long traders suffered most of the losses. The long/short ratio on Binance alongside OKX shows a bullish stance because traders seem to anticipate an upward trend despite recent downward activity. Rates of key support stand at $0.60 and resistance maintains a position at $1.00.

Pepeto’s Strong Presale Performance and Major Listings Ahead

During its presale phase, #Pepeto has gathered more than $4.8 million from investors who have shown great interest. The token costs $0.000000112 per unit while the total token supply reaches 420 trillion. The project divides its total supply into three sections with presale receiving 30% while 30% goes to staking rewards and 20% supports marketing. Development and liquidity reserves receive the remaining tokens among the total supply.

The team has confirmed that #Pepeto will be listed on five major exchanges at launch, ensuring liquidity and accessibility for investors. The planned listings are expected to drive early adoption and create opportunities for price appreciation. Pepeto’s marketing strategy includes influencer partnerships and social media campaigns to attract a wider audience.

Community Anticipates Pepeto’s Launch

The #Pepeto community is actively following the project’s development, with many excited about its upcoming milestones. The project’s lead developer recently shared a message, reinforcing the team’s commitment to the roadmap. He hinted at a major announcement soon, fueling speculation about potential partnerships or additional platform features.

https://twitter.com/Pepetocoin/status/1874260504891240897

Pepeto’s introduction has already caught the attention of major players in the memecoin space. The project has positioned itself as a strong contender against established names, with its unique features setting it apart. As the launch approaches, investors are watching closely to see if Pepeto can deliver on its promises and achieve its projected growth. Tap, https://pepeto.io/, to join.

ABOUT PEPETO

Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens.

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