Pepeto Presale Booms as PENGU Struggles with Market Downturn

PENGU Faces Decline and PEPETO Presale Beats Expectations

Pudgy Penguins (PENGU) is experiencing a steep decline, while #Pepeto’s presale has exceeded expectations. PENGU has lost significant value due to weak market sentiment, while Pepeto is attracting strong investor confidence. The contrasting performance of these two cryptocurrencies highlights shifting market trends.

Despite these losses, Pudgy Penguins (PENGU) has struggled to stage a recovery and remains in a persistent declining trend. In the past 24 hours its value has reduced by about 11%, while in the past week, its value has gone down to over 32%. This has been due to weakness in Bitcoin performance and poor performances by the altcoins.

Heavy losses have also been taken from the NFT Pudgy Penguins market. For one month, the floor price has fallen by 47% on OpenSea data. Lower trading volume and fewer buyers suggest lower market confidence.

Technical indicators point to additional declines for PENGU. Fibonacci retracement levels suggest weak support around $0.0278, but strong selling pressure continues. The token failed to sustain any recovery attempts.

The Accumulation / Distribution (A/D) indicator has been trending down, which indicates that long positions are not being held. The Chaikin Money Flow (CMF) indicator also indicates a strong outflow of capital.

Short liquidations cluster between $0.018 and $0.024, signaling further downward pressure. Under current conditions, a move above $0.0185 appears unlikely.

#Pepeto’s presale has performed exceptionally well, securing massive investor interest. The project aims to combine meme appeal with real utility. This unique approach sets it apart from traditional meme tokens.

A New Year’s Message from the God of Frogs
As the New Year begins, the God of Frogs, Pepeto Himself, shares a message of triumph and faith for the loyal Pepeto Army:

The Plan Unfolds: The roadmap progresses flawlessly, as foretold. Every milestone has been achieved, and the… pic.twitter.com/zCmy1bTRQY

— Pepeto (@Pepetocoin) January 1, 2025

A total of 30% of Pepeto’s supply has been allocated to the presale phase. Early supporters have seized the opportunity to invest. This strategic allocation provides a solid foundation for future price stability.

Another 30% of the supply is designated for staking rewards, which encourages long-term holding. Investors see Pepeto as a promising alternative to existing meme tokens.

Pepeto introduces a zero-fee trading model to attract users. High trading fees have been a common issue across crypto exchanges. This cost-effective approach positions Pepeto as a competitive option.

The staking mechanism ensures network security while rewarding participants. With an annual staking reward of 408%, participation has surged. More than 20 trillion PEPETO tokens are currently staked.

Decentralization remains a core focus of Pepeto’s design. Unlike mining-based systems, staking distributes power among all holders, preventing centralization and enhancing security.

#Pepeto’s roadmap consists of four phases, ensuring steady development. The first phase involved launching the project’s website and smart contract. Social media channels were also established to engage the community.

The second phase focuses on market expansion. Regular AMAs provide direct communication between the team and investors, and multiple exchange listings will further enhance liquidity and accessibility.

The third and fourth phases introduce advanced technical features. The launch of a dedicated exchange platform will offer cross-chain bridging. A community staking platform will provide additional passive income opportunities.

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.

Media Links:

• Website: https://pepeto.io/
• X: https://x.com/Pepetocoin
• TG: https://t.me/pepeto_channel
• IG: https://www.instagram.com/pepetocoin/
• YouTube: https://www.youtube.com/@Pepetocoin/

Contact Information:

• Contact: TokenWire Team
• Email: [email protected]

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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