Pepeto's $7.3M presale nears target as meme coin frenzy attracts scammers and stakers
Pepeto's presale has surged past $7.308 million, nearing its funding target. The project's rapid growth comes as online searches for the token hit levels last seen during Dogecoin's 2020 peak. Investors are rushing in, but scammers are also taking advantage of the hype with fake tokens appearing daily on decentralised exchanges.
The only safe way to buy Pepeto remains through its official site, pepeto.io, where staking currently offers a 212% annual yield.
Pepeto's price sits at $0.000000185, with presale buyers eyeing potential 200x returns if the token reaches a $370 million market cap. The presale is now 70% complete, and wallet registrations doubled in February alone.
The project has released three working product demos: PepetoSwap, enabling zero-cost meme token trades on Ethereum, Pepeto Bridge for cross-chain transfers, and Pepeto Exchange, a dedicated trading platform for verified meme coins with $PEPETO built into the protocol. Security audits have been completed, and the team has confirmed a Binance listing.
Rumours linking Elon Musk to Pepeto have spread widely on social media. While no direct connection exists, Musk's recent announcement about X Money integrating crypto trading—potentially reaching 600 million users—has fuelled speculation about meme coin adoption on mainstream platforms.
Scammers have flooded decentralised exchanges with fake Pepeto tokens, exploiting the hype. The team continues to warn buyers that pepeto.io is the sole legitimate source for the token, which features zero-tax tokenomics and dual security audits.
Pepeto's presale momentum shows no signs of slowing, with $7.308 million raised and a Binance listing secured. The project's working demos and high staking rewards have drawn attention, but investors must remain cautious of imposter tokens.
If the token hits its projected market cap, early buyers could see returns of 200 times their investment. The coming weeks will reveal whether the hype translates into lasting adoption.
