ICO (Initial Coin Offering)
Cryptocurrency Market Correction and Pepeto Memecoin Success
Tuesday. January 14 at 2:00 AM
1 min. readThe cryptocurrency market is currently undergoing a correction phase, with top cryptocurrencies like Bitcoin and Ethereum experiencing a decline from their early 2025 gains. Notably, Ether whales have been active in the market, leading to significant sell-offs and boosting market withdrawals. Endaoment, Ethereum's charity fund, made headlines by selling 3,690 Ether (ETH) in a single transaction worth $12.47 million, marking its largest transaction in ten months. Meanwhile, PEPETO, a new memecoin inspired by the Pepe meme, has seen rapid success, raising nearly $3.5 million in its presale. The project's unique approach of embedding genuine utility within its ecosystem, including a zero-fee exchange and cross-chain bridge, sets it apart in the memecoin market. With a staking protocol to incentivize long-term holders, Pepeto aims to establish itself as a leading player in the crypto space.