|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
PEPETO’s Presale Raises Close to $3.5M, Powering Its Cross-Chain Bridge Tech
Jan 15, 2025 at 07:36 pm
PEPETO’s presale has raised close to $3.5 million as investors back its cross-chain bridge technology. The project cuts transfer times between blockchains
Investors are flocking to PEPETO’s (CRYPTO:PEPE) presale, which has raised close to $3.5 million to power its cross-chain bridge technology.
The project is slashing transfer times between blockchains from 15 minutes to 30 seconds and cutting costs from $50 to $5 per transaction.
PEPETO’s bridge connects five major blockchain networks through a network of 100 validators. This infrastructure can process up to 100,000 transactions per second, opening new possibilities for traders, especially in the realm of cross-chain meme coin trading.
Recent testing data has shown successful transfers between Ethereum, BNB Chain and other major networks, paving the way for broader market adoption.
Here's a closer look at how PEPETO’s bridge technology is redefining meme coin trading:
Speed and Cost Advantages for Cross-Chain Meme Coin Trading
The PEPETO bridge brings unmatched speed and cost advantages to cross-chain meme coin trading. Traders can now move tokens between networks in just 30 seconds, compared to the 15-minute wait times on traditional bridges.
The cost savings are equally striking – where standard bridges charge $50 per transfer, PEPETO users will pay a minimal fee of $5.
A Network of 100 Validators Powers Rapid Cross-Chain Transfers
These rapid cross-chain transfers are powered by a network of 100 validators. Each validator monitors incoming transactions and verifies their authenticity before approving the cross-chain movement.
This system requires 67% of validators to agree before completing any transfer, creating multiple security checkpoints while maintaining speed.
Processing Capacity of 100,000 Transactions Per Second
The bridge infrastructure can handle up to 100,000 transactions per second through optimized smart contracts. The system automatically routes transactions through the fastest validator paths while maintaining security checks.
Market Validation Through Strong Presale Performance
PEPETO's presale has seen remarkable success, raising close to $3.5 million to mark a successful entry into the market.
The token price currently stands at $0.000000102, showing an increase from the initial presale price. Among the early buyers are retail traders and professional trading firms seeking cross-chain opportunities.
After the presale concludes, PEPETO will be listed on five major exchanges. Two tier-1 platforms have already completed technical integration, preparing for high-volume trading launches.
Initial liquidity commitments from market makers total $10 million across planned trading pairs, which will support healthy trading volumes from day one.
Daily Volume Projections Point to $20 Million in Cross-Chain Transfers
Once all exchange listings go live, daily volume is expected to reach $20 million in cross-chain transfers as market makers have committed to providing consistent liquidity across all supported chains.
This deep liquidity will allow traders to move large amounts between networks without any price impact.
The presale success is a testament to PEPETO's practical utility, especially for traders who may have previously avoided cross-chain moves due to high costs, presenting new opportunities.
Staking Program Shows Early Success with 19 Trillion PEPETO Tokens Locked
Users have staked an impressive 19 trillion PEPETO tokens into the platform's smart contracts, currently earning annual rewards of 440%.
These rewards are distributed daily to stakers in proportion to their locked token amount.
With high staking participation, around 45% of circulating tokens are removed from trading, which provides natural price support.
ChainAnalysis and Certik Continuously Monitor Staking Smart Contracts
The staking smart contracts are subject to continuous security monitoring by ChainAnalysis and Certik. These contracts automatically calculate and distribute rewards every 24 hours.
Each staker can view their earnings updating in real-time through the platform dashboard. The minimum staking period starts at 30 days, with bonus multipliers for longer commitments.
Community data highlights broad participation across different holder categories. Small holders with less than 1 billion tokens make up 60% of stakers, while larger holders maintain longer staking periods.
Professional trading firms stake an average of 100 billion tokens each to earn priority access to bridge features.
Sustainability of Staking Rewards Comes from Bridge Fee Revenue
The sustainability of the staking rewards comes from bridge fee revenue. Each cross-chain transfer generates fees that feed back into the staking rewards pool.
As bridge usage grows, this revenue stream will support the high APY while reducing reliance on token emissions. Early data shows bridge fees covering 30% of daily staking rewards.
Technical Infrastructure and Development Timeline for PEPETO Bridge
The PEPETO bridge infrastructure runs on a three-layer system built for both security and speed.
The base layer handles token locking through smart contracts on each blockchain, while the middle layer contains the 100-validator
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin Retreats as Trump Makes No Mention of Crypto in First Policy Announcements
- Jan 21, 2025 at 06:35 pm
- Bitcoin, the world's largest cryptocurrency, hit a record high $109,071 on Monday when Trump was sworn in as the 47th US President, but later pared those gains and was last trading at $101,705.40.
-
- Sabeer Nelli: The Visionary Behind Zil Money, a Transformative Force in Financial Technology
- Jan 21, 2025 at 06:35 pm
- Sabeer Nelli, has emerged as a transformative figure in the financial technology industry. His relentless drive and innovative vision have redefined the way businesses manage their financial transactions. Zil Money has become a symbol of efficiency, security, and accessibility, empowering businesses of all sizes to streamline their payment processes seamlessly.
-
- Rumble CEO Confirms Bitcoin (BTC) Purchase, Hints the Move 'Won't Be the Last'
- Jan 21, 2025 at 06:35 pm
- Video streaming platform and YouTube competitor Rumble has officially entered the crypto space. The company's CEO confirmed that Rumble has made its first Bitcoin (BTC) purchase and hinted that this will not be the last.
-
- Bitcoin Correction Looms as US Debt Ceiling Crisis Halts Treasury Issuance
- Jan 21, 2025 at 06:35 pm
- The US debt ceiling, now set at $36 trillion, puts the Treasury in a budgetary impasse. To address this, Janet Yellen, Secretary of the Treasury, announced a suspension of debt issuance starting January 21.
-
- Bitcoin Price Drop: A Reminder of the Crypto Market's Volatility
- Jan 21, 2025 at 06:35 pm
- Analysts are divided, with some suggesting the much-anticipated post-inauguration bull run might be over before it truly begins. But could this be a temporary dip, or is the market gearing up for something bigger? Let's explore.