Pepeto: The Meme Coin That Aims to Break the Mold

Focusing on a use case while staying true to its meme-based roots is a novel approach. With time, it can potentially generate more interest among long-term investors and degens alike.

Meme coins and long-term gains - put this statement together among most people in crypto, and it will be seen as an oxymoron. And they wouldn’t be wrong. No meme coin has shown itself capable of generating a sustaining economy. The long spikes in the price charts lie as evidence of that. So when Pepeto arrived on the market as a god of Pepe with the added advantage of technology and optimization, many thought of it as a joke.

However, a deeper analysis of the project tells a different story. While it does aim to make the Pepe mascot a symbol for “utility-centric meme coins,” it is doing so in a way that appears feasible by all means. But even if it could leverage “Technology and Optimization” like it claims, will these aspects be able to take the project far in the long term?

Meme Coins and Their Issues with Integrating Utility

In order to understand how Pepeto is able to curtail the utility-related issues with meme coins, it is important to understand the existing problems in mixing the two concepts together.

Focus on Hype Over Functionality

When it comes to meme coins, the operative word is “meme,” which means these tokens are first and foremost seen as joke cryptos. There is no seriousness around their financial attributes, and people often laugh at their technological concepts. Hype and developer charisma have historically driven their value, and people’s perception of these tokens is now almost set in stone.

Most meme coins aren’t created from the ground up by leveraging their own blockchains. Instead, they are simple forks of existing protocols. They are made effortlessly, and when they have been made effortlessly, people don’t want to put in the effort to see a project as more than what it is. The concept of scalable networks and robust utility becomes foreign.

People don’t gravitate toward meme coins for their long-term value. They see a meme coin, and they like to invest in it because of the underlying meme that it brings. They know that the meme has grown viral in the past and may continue to do so in the present. The sweetness of short-term gains completely undermines the long-term value that it can have. Therefore, people only look at meme coins as assets fit only for short-term profits.

Since creating meme coins is relatively easy — case in point, even tokens like Turbo got created using a simple AI prompt — there are just too many meme coins on the market. Most are out there creating ridiculous memes in hopes of capturing the attention of any investor. However, most of them fail at it, leaving even the most legitimate projects in the proverbial dust.

Pepeto Solution – Provide Utility Without Losing the Meme Roots

Meme coins that have gained traction over the years as utility assets have gone so far off the reservation that they aren’t even meme coins anymore. Shiba Inu, for instance, started out as a Dogecoin killer but now has its own metaversal ecosystem with many perks. However, one look at its social media handles is enough to tell the world that there are no jokes anymore.

When Pepeto entered the crypto space, the assumptions were the same. The host of utilities it provides is so robust that people really thought that all the hype that Pepe had built would be set aside.

However, Pepeto has opted for a different reality. While it does highlight Technology and Optimization as its best features, it is still closer to its meme roots, making it a utility crypto that could grow big in the long term.

First, the way Technology and Optimization has been highlighted is not through providing some overarching technological development; it has been done through the lore. The official whitepaper describes Pepeto as the “God of Frogs,” a meme coin that could be a proverbial king of all.

And why is that the case? It is because it is not only relying on hype to grow in value in the short term but also banking on use cases to remain a sustainable investment in the long term.

The short-term potential of this token can be gleaned from its imagery. With the image of the frog mascot with a beard, Pepeto looks akin to Gandalf.

Furthermore, the image portrayed of being a teacher makes it clear that Pepeto is trying to act as a voice of reason among Pepe-themed cryptos.

These can fuel the token’s viral potential in the short term, as the presale raising more than $3.4 million to date shows that people are interested in what this project has to offer.

As for the token’s long-term prospects, the use cases it has designed can prove worthwhile for the entire meme coin space:

The bridge it is trying to create can make it possible for meme coins to become interoperable. Through its meme coin-specific exchange, buying and selling meme cryptos will become easier. Staking will offer long-term rewards for those holding the tokens.

Final Words

Pepeto is a project that can potentially break the mold that meme coins often find themselves in. Focusing on a use