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Guavy AI Editorial TeamSentiment: 2Clout: 40

Pepeto Presale Sees Surge in Investment Following Whales' Accumulation Pattern

A recent analysis of Bitcoin's price action has revealed that a group of large investors accumulated significant amounts of the cryptocurrency during its recent crash. These 'whale' investors bought approximately 53,000 Bitcoins worth $3.6 billion in just one week while smaller holders were selling.

This behavior is not unique to Bitcoin and has been observed in other meme coins such as SHIB and Dogecoin, which reached market capitalizations of $40 billion and $80 billion respectively without any products or revenue streams.

Pepeto, a new meme coin, appears to be following the same pattern. Its presale has raised over $7 million with 70% of its allocation filled, despite trading at a low price of $0.000000186. The remaining tokens are expected to sell out quickly, making it an attractive investment opportunity for some.