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Cryptocurrency News Articles
PEPETO (PEPE) Presale Reaches $3 Million Milestone as Shiba Inu Burns 1.7 Million SHIB Tokens and MicroStrategy Expands Its Bitcoin Holdings
Jan 07, 2025 at 01:15 am
From Shiba Inu’s groundbreaking token burn to the astonishing milestone of $3 million reached by PEPETO and MicroStrategy’s remarkable Bitcoin investment, the cryptocurrency world has been buzzing with activity recently.
From Shiba Inu’s groundbreaking token burn to the astonishing milestone of $3 million reached by PEPETO and MicroStrategy’s remarkable Bitcoin investment, the cryptocurrency world has been abuzz with activity recently. Let's dissect these captivating headlines and explore what they mean for the larger crypto sphere.
The King of Frogs, PEPETO, Reaches $3 Million in Presale
Recently, the innovative memecoin project PEPETO reached and surpassed an impressive milestone of $3 million through the sale of its presale tokens. This achievement is a testament to the growing interest in the token, thanks to its attractive staking rewards and captivating backstory.
PEPETO takes a community-centered approach and pushes the boundaries of what's expected from a memecoin, leading the project to win the hearts of many and gain the trust of investors. Through the power of technology and optimization, PEPETO is on a mission to solve the challenges faced by the popular cryptocurrency PEPE.
In addition to technology and optimization, Pepeto has six key principles that form the inner workings of PEPETO’s ecosystem. All these six pillars work together to bring Pepeto’s vision to life.
Pepeto is also set to launch a multi memecoin exchange platform called Pepeto Swap, that provides users with many beneficial features such as no listing costs, seamlessly bridging across chains, and only allowing verified tokens.
SHIBA INU
Token burning is a technique used in cryptocurrency to enhance token value by reducing the supply of tokens available. This process involves sending the supply to be burned to a dead wallet, and tokens sent to this wallet are irretrievable.
Shiba Inu witnessed the removal of more than 1.7 million SHIB tokens from circulation. According to data from Shibburn, a website that tracks burn activity on the Shiba Inu network, the burn rate increased by 243.34% over the past 24 hours, with 1,717,872 SHIB tokens burned and sent to dead wallets.
The goal of SHIB burning is to simulate scarcity, which in turn drives demand and ultimately boosts the price.
MICROSTRATEGY
MicroStrategy, the business intelligence firm led by one of Bitcoin's most vocal ambassadors, Michael Saylor, is making headlines with its major Bitcoin purchase. In its latest move, the company added 2,138 BTC to its holdings, bringing its total collective holdings to over 446,400 BTC as of January 2025.
Currently Bitcoin’s largest corporate holder, Microstrategy has an outstanding track record of BTC purchases, and sources say they have no plans to slow down their pace.
Bitcoin has risen by 1.2% in the last day and is currently trading at $95,000.
Join in the Pepeto Presale Early and Earn Rewards
As mentioned earlier, the token has reached over $3 million in its presale and is expected to surpass that milestone. One $Pepeto sells for $0.000000102 at the time of writing, and the website allows you to pay with your card, ETH, USDT or BNB. Don’t miss this chance to earn big with Pepeto by visiting the official site at https://pepeto.io/.
ABOUT PEPETO
Pepeto is an avant-garde cryptocurrency project that blends the playful spirit of memecoins with a powerful utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens.
Website: https://pepeto.io/
X: https://x.com/Pepetocoin
TG: https://t.me/pepeto_channel
IG: https://www.instagram.com/pepetocoin/
YouTube: https://www.youtube.com/@Pepetocoin/
Contact Information:
Contact: TokenWire Team
Email: contact@tokenwire.io
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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