• Pepeto presale raises $7.27M, according to a Feb. 20 statement.
• XRP trades about 25% lower over the past month near $1.39.
• The project claims working demos, dual audits, and a future Binance listing.
Pepeto presale raises $7.27M at a time when XRP faces renewed selling pressure.
The announcement came Feb. 20 via a Globe Newswire release from Dubai. Meanwhile, XRP continues to trade well below its 2025 highs.
The divergence highlights how capital often rotates during periods of market stress.
Pepeto Presale Raises $7.27M Amid Market Weakness
According to the Feb. 20 press release, Pepeto has secured more than $7.272 million in presale commitments. The project describes itself as an Ethereum based meme coin building trading infrastructure for meme tokens.
The team states that three products are currently in demo stage: PepetoSwap, Pepeto Bridge, and Pepeto Exchange. It also claims dual audits from SolidProof and Coinsult.
In addition, the release says a Binance listing is confirmed. However, Binance has not independently announced a listing at the time of publication.
A project representative said the ecosystem aims to provide swap tools, cross chain connectivity, and a dedicated listing venue for meme coins.
XRP Price Drop Adds Context to Capital Rotation
While the presale gained traction, XRP declined roughly 25% over the past month and trades near $1.39. The token remains about 60% below its July 2025 peak of $3.65.
Technical indicators show XRP trading below its 50 day, 100 day, and 200 day moving averages. Meanwhile, futures open interest has dropped to approximately $2.46 billion, down from $4.55 billion in early January.
That reduction signals lower speculative positioning. Analysts cited in market commentary warn XRP could test $1.17 if selling pressure continues.
Still, broader conditions also weigh on sentiment. Bitcoin trades near $68,000, while Ethereum hovers around $2,000.
Product Claims and Yield Promises Draw Attention
Pepeto states that its presale price stands at $0.000000184. The team also advertises staking yields of 214% APY.
Such returns, however, depend on token economics, demand, and platform sustainability. Historically, high yield crypto offerings have carried elevated risk.
The release compares Pepeto’s potential valuation to prior meme coin rallies. It references large market capitalizations achieved by meme tokens during earlier cycles.
However, presale tokens differ from established assets. They lack public market liquidity and remain subject to execution risk.
Presales in Volatile Markets
Crypto downturns often drive investors toward early stage tokens that promise higher upside. Traders remember prior cycles when low priced meme assets generated outsized gains after exchange listings.
At the same time, regulators have repeatedly warned about risks tied to presales and unverified listing claims. Therefore, market participants typically seek independent confirmation before making allocation decisions.
Market Impact
Despite the Pepeto announcement, major crypto assets showed limited immediate reaction. XRP continues to trade within a weak technical structure, while Bitcoin and Ethereum remain range bound.
Capital flows into presales do not always translate into broader market momentum. Instead, they often reflect niche speculative interest.
Industry View
Some analysts argue that infrastructure focused meme projects could attract attention if they deliver functional products. Others caution that execution, liquidity, and exchange support ultimately determine long term viability.
Without independent verification of exchange listings, investors face information gaps. As a result, due diligence remains central.
Pepeto presale raises $7.27M during a period of XRP price weakness and broader market hesitation. The project outlines an ambitious ecosystem and cites audits and demos as proof of progress.
However, listing confirmations and long term adoption remain key unknowns. Investors will likely watch both XRP’s technical levels and Pepeto’s execution roadmap in the weeks ahead.
