Pepeto Gains Traction as Tron and Uniswap Struggle
The crypto market has been experiencing a period of stagnation for some established players like Tron and Uniswap. According to recent data, these tokens have been trading within their usual price ranges, with Uniswap's price holding steady near support despite a $2.29 million purchase from a whale.
Tron, on the other hand, has tested the $0.289 resistance level multiple times but has failed to convincingly stay above it. Despite its high network activity and stablecoin usage, the token's price remains capped.
In stark contrast, Pepeto is gaining momentum with its three working demo products, including a cross-chain swap, bridge, and decentralized exchange. The presale has raised over $7.258 million at a price of $0.000000185, with more than 70% of the available tokens already sold.
The token's setup bears similarities to past breakout performers like Solana, which experienced significant growth after its FTX collapse. Pepeto's potential for explosive growth is highlighted by its staking rewards and the possibility of listings on major exchanges in the future.