Pepeto Emerges as 'Meme Trading Infrastructure' Play
A new project on Solana, Pepeto ($PEPETO), is gaining viral presale attention by positioning itself as an "infrastructure layer for meme trading" rather than just a memecoin. Reports suggest its social buzz is outpacing that of established coins, signaling a potential narrative shift toward tooling and ecosystem enablement within the memecoin sector.
- While the project has gained attention in Solana-focused trading circles, Pepeto ($PEPETO) is an Ethereum-based token with a stated goal of building cross-chain infrastructure, including support for Solana. - The project's tokenomics allocate 30% of the 420 trillion total supply to the presale, 30% to staking rewards, 20% to marketing, 7.5% to project development, and 12.5% to liquidity. - Its core infrastructure plan includes three main components: PepetoSwap, a decentralized exchange concept with zero-fee trading; Pepeto Bridge for cross-chain asset movement; and a future Pepeto Exchange for listing verified meme-utility tokens. - The presale has reportedly raised over $7 million, with a hard cap target of approximately $10 million before its conclusion. - Security for the project includes smart contract audits completed by third-party firms SolidProof and Coinsult, though the development team remains anonymous. - A significant portion of the token supply is dedicated to staking, with an active program offering high Annual Percentage Yields (APY) to incentivize locking tokens before the official launch. - The roadmap indicates that following the presale, the project plans to list the $PEPETO token on several major centralized exchanges, with a Binance listing having been confirmed through official channels. - A demo version of the exchange platform, showcasing trading interfaces and swap functionality, has been made available to the public during the presale phase.
