Shiba Inu’s phenomenal rise made ordinary investors millionaires, proving the massive potential of meme coins.
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As Shiba Inu's (SHIB) phenomenal rise made ordinary investors millionaires in 2021, meme coins once again proved their potential to mint new crypto millionaires. Among the top presales to invest in, Shiba soared from obscurity to a market cap of $9.3 billion. At its peak, SHIB delivered over 1000x returns to early investors, cementing its place in crypto history. One early investor, known as "Shibtoshi," turned a $95,000 investment into over $37 million at the height of Shiba's bull run.
Other meme coins, such as Pepe, Dogecoin, Floki, dogwifhat, and Trump tokens, also enjoyed massive success, leaving investors searching for the next meme coin to replicate such success. However, with Shiba's current price at $0.00001578 and a huge circulating supply of 589.25 trillion SHIB, another 1000x surge from here seems unlikely. Despite being listed on major exchanges like Binance, Shiba's market cap is simply too large for another astronomical surge.
Hence, investors are pivoting towards newer projects with more room for growth. One project that is gaining attention is Pepeto, which is being compared to PEPE—the dominant meme coin of the last bull run. With its presale price currently at just $0.000000112, Pepeto is still in its early stages, presenting a prime opportunity for investors hoping for high returns.
Pepeto is touted as the real Pepe, aiming to rectify past mistakes and build on the legacy of meme coins. Rumors of a former PEPE co-founder being involved in the project have further fueled the hype, with the community growing rapidly on social media platforms.
Pepeto is also aiming to offer more than just hype with its unique ecosystem. The PepetoSwap platform will introduce zero-fee trading, offering an appealing alternative to the costly exchange fees imposed by traditional platforms. Additionally, Pepeto is setting up its own Pepeto Exchange to boost liquidity and minimize slippage, ensuring smoother trades.
Unlike many meme coins that rely heavily on hype, Pepeto is focusing on creating real-world utility, making it a more sustainable and long-term project. The excitement around Pepeto is building, especially with rumors of upcoming exchange listings.
With a token supply of 420 trillion—matching the original PEPE—many believe Pepeto is set for a major surge. Given its early-stage valuation and increasing popularity within the meme coin community, Pepeto could be a great opportunity for investors to get in early before it takes off.
Official Pepeto Links: