#Dogwifhat (WIF) investors have been in losses over the past month following a massive plunge the memecoin has recorded. The memecoin running on Solana has dropped by over 51% in the past month despite the surge experienced around President Trump’s inauguration. The significant correction is also despite the con’s metrics showing that its current price, which is at around $0.6175 at the time of writing, is still about 106% year-on-year.
Investor interest and WIF’s adoption has also been decreasing, as seen in the increased selling pressure and the dropping trading volume, showing the continued struggle the memecoin is facing despite its highs in March last year. WIF’s On-Balance-Volume (OBV) has also dropped significantly over the past few weeks, reaching yearly lows. Today, WIF’s trading volume is a little over $224 million, over 32% lower in the past 24 hours.
However, #PEPETO, one of the newest memecoins in the industry, is showing resilience as Dogwifhat continues to correct. The memecoin hopes to solve the issues with utility that most memecoins in the industry currently have. The lack of utility and purpose has led investors to believe that memecoins are only favorable for short-term gains. PEPETO is changing the narrative by offering utility, long-term value, and stability.
Investors Shift From Dogwifhat to PEPETO as the Next 100x Coin
Investors are seeing the promise PEPETO holds over other memecoins, shifting from WIF to the God of Frogs. The memecoin project, which began its presale last year, has promised investors solutions to memecoin dumping that happens shortly after project launches, coin stability unlike the volatility experienced by most memecoins, and long-term value over short-term gains.
The project outlined that technology, optimization, and community are the foundation pillars for #PEPETO. Optimization will ensure the #PEPETO ecosystem is well-suited for long-term value addition through peak performance, price stability, and maximizing returns for investors. The ecosystem will also derive power from the community by incentivizing participation.
PEPETO’s technology is focused on offering utility to investors within and outside the project. The project will launch the PEPETO Bridge, which will connect different blockchains to the PEPETO ecosystem to allow seamless token movement between chains while allowing unlimited minting and token locks.
PEPETO Closer to Its Launch as Presale Ends
The PEPETO presale is nearly ending, bringing the project closer to launch. The confidence investors have in the new memecoin is indicated by the participation recorded in the presale, with the amount raised standing at a little over $4.805 million and approximately a little over $100,000 away from its target. The presale offers investors purchasing options, including using USDT, BNB, ETH, and USD. The project is looking forward to listings on major exchanges, including MEXC and Gate.io.
PEPETO has further promised its token holders lucrative staking rewards for their trust in the ecosystem. According to the #PEPETO presale page, the project currently offers a 316% APY for token holders. The project will dedicate 30% of its token supply toward staking rewards, creating a stronger community for PEPETO.
To join the growing PEPETO community, visit here.
About PEPETO
The fun-themed god of frogs, PEPETO, is a new memecoin project combining the community strength and its innovative ecosystem to offer investors long-term value and token price stability. The memecoin project also features the PepetoSwap, PEPETO Bridge, and lucrative staking rewards to add value to its community.
Media links
Website: https://pepeto.io/
X (Twitter): https://x.com/Pepetocoin
YouTube Channel: https://www.youtube.com/@Pepetocoin
Telegram Channel: https://t.me/pepeto_channel
Instagram: https://www.instagram.com/pepetocoin/
TikTok: https://www.tiktok.com/@pepetocoin
Contact Details
Contact: TokenWire Team
Email: [email protected]
