Bitcoin Developer Dismisses Quantum Fears, Pepeto Presale Rises Amid Market Downturn

A recent podcast appearance by Bitcoin developer Matt Carallo addressed concerns about quantum computing's impact on the market. He argued that if quantum fears were driving the crash, Ethereum would be rallying due to its different architecture, but instead, all major cryptocurrencies are experiencing a downturn.

Carallo suggested that capital rotation is the primary cause of the market decline, with investors moving out of large-cap cryptocurrencies and into smaller tokens. Pepeto is one such token, which has already demonstrated three working product demos: PepetoSwap, Cross Chain Bridge, and verified Exchange.

The presale for Pepeto has attracted significant attention, raising over $7.2 million and filling 70% of its allocation. The token has undergone dual audits by SolidProof and Coinsult and has been confirmed for listing on Binance. Additionally, staking at a rate of 214% APY provides holders with a bonus while waiting for the market to recover.

Pepeto's unique features, such as its working product demos and exchange access, have generated significant interest among investors. With a low price point of $0.000000184, some analysts believe that a 250x return is not only possible but mathematically probable. However, it's essential to note that this prediction relies on market cap math.