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Guavy AI Editorial TeamSentiment: -2Clout: 22

Pepeto Gains Attention as Dogecoin Struggles to Recover

The cryptocurrency market has been experiencing a downturn, with many coins struggling to recover their former highs. Dogecoin, one of the most recognized meme coins, is no exception. Its price has dropped significantly from its peak, and it is currently trading at $0.09.

According to CoinDesk, the technical trend shows that Dogecoin lacks the momentum for a massive recovery rally. The inability of DOGE to deliver explosive returns from $0.10 confirms the constraints that large cap meme coins face when they have zero products.

Pepeto, on the other hand, is gaining attention for its three products approaching launch: PepetoSwap, Pepeto Bridge, and Pepeto Exchange. These products are expected to create compounding demand, which analysts believe could lead to 269x returns. With a micro cap of $0.000000186, Pepeto needs to reach only $0.00005 to achieve this target.

The Pepe cofounder who built PEPE to billions is steering the project, and dual audits from SolidProof and Coinsult have found zero critical vulnerabilities. The project also offers staking at 211% APY rewards holders and has a viral organic growth potential due to its cultural identity.