Market Cap: $3.5147T -2.280%
Volume(24h): $117.4311B -3.980%
  • Market Cap: $3.5147T -2.280%
  • Volume(24h): $117.4311B -3.980%
  • Fear & Greed Index:
  • Market Cap: $3.5147T -2.280%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$104492.464223 USD

-0.72%

ethereum
ethereum

$3259.381067 USD

2.17%

xrp
xrp

$3.088281 USD

-1.07%

tether
tether

$0.999963 USD

-0.01%

solana
solana

$237.703952 USD

-0.51%

bnb
bnb

$679.531010 USD

0.30%

usd-coin
usd-coin

$1.000026 USD

-0.01%

dogecoin
dogecoin

$0.328829 USD

-0.90%

cardano
cardano

$0.955910 USD

-0.64%

tron
tron

$0.254578 USD

3.38%

chainlink
chainlink

$25.069629 USD

2.85%

avalanche
avalanche

$35.018519 USD

3.72%

stellar
stellar

$0.424992 USD

5.02%

sui
sui

$4.222963 USD

5.48%

toncoin
toncoin

$4.839835 USD

-1.34%

Cryptocurrency News Articles

Trump's Memecoin Feasibility Questioned as New Entry #Pepeto Emerges as an Alternative

Feb 01, 2025 at 12:00 am

Days before taking office, Trump and his family launched a cryptocurrency token called $TRUMP. The announcement came as the crypto industry celebrated his return to the White House with an inaugural ball.

Trump's Memecoin Feasibility Questioned as New Entry #Pepeto Emerges as an Alternative

As the days leading up to the January 20 US Presidential Inauguration counted down, President Donald Trump and First Lady Melania Trump made headlines once again, not for their political endeavors, but for their surprising entry into the world of cryptocurrency with their own memecoins, $TRUMP and $MELANIA.

The announcement of these tokens sent shockwaves through the crypto community, sparking a frenzy among investors and generating billions of dollars in market capitalization within hours. However, as time passed, the hype surrounding these memecoins appeared to dwindle, with minimal chatter on social media and a shift towards a new contender in the meme token arena.

As the dust settled, sellers began to express doubts about the legitimacy and long-term viability of the Trump family memecoins, redirecting their attention towards a new token that promised 100x gains—PEPETO.

This pivot highlighted a growing preference for tokens with a clear roadmap and sustained growth potential over those fueled primarily by hype and celebrity status.

Just days before assuming office for a second term, Trump and his family unveiled a cryptocurrency token called $TRUMP, coinciding with the crypto industry's celebration of his return to the White House with an inaugural ball.

Despite scant information regarding the coin's purpose, value, or associated risks, its price soared rapidly, swiftly inflating the Trump family's digital assets by billions of dollars.

Undeterred by her husband's crypto venture, Melania Trump also joined the fray, launching her own meme coin. However, seasoned investors remained skeptical, with Carson Block, founder and chief investment officer of Muddy Waters Capital, dismissing meme tokens altogether.

In an interview with Yahoo Finance, Block stated, “These things have no intrinsic value. They're just barometers of how much liquidity is out there, how much speculative frenzy is out there. Right now, all the signals are reading there's a lot.”

While Trump supporters and crypto enthusiasts defended meme coins as a staple of the industry, critics maintained that these tokens offered minimal real-world utility.

At the time of this report, TRUMP was trading at $27.5, down 30% in the last week and 63.48% from its all-time high of $75.

As the hype surrounding #TrumpCoin cooled, a new entry in the meme token scene gained traction. Positioned as a more promising investment, PEPETO is currently in its presale phase, priced at $0.000000107 per token.

The project has already raised over $4 million, indicating strong investor confidence. Its appeal is further enhanced by a substantial 367% staking reward, catering to long-term holders seeking sustainable returns.

PEPETO sets itself apart with its emphasis on security and transparency. The token has undergone audits by reputable firms like Coinsult and SolidProof, assuring investors of its credibility.

The project also plans to launch a dedicated memecoin marketplace, PepetoSwap, in 2025. This platform will feature free listing fees, enhanced security, asset protection, seamless cross-chain bridging, and endorsed tokens—all of which are expected to drive broader adoption.

Unlike TRUMP, which appears to lack a clear roadmap, PEPETO is structured to ensure long-term growth. The project's tokenomics allocate 30% of the total supply to the presale phase to maintain liquidity and encourage early participation. Another 30% is dedicated to staking rewards, incentivizing users to hold onto their tokens.

Here is a message from the god of frogs: https://x.com/pepetocoin/status/1874260504891240897?s=46

Additionally, 20% of the supply is reserved for marketing efforts, including influencer partnerships and social media promotions aimed at driving mass adoption.

#Pepeto also has a dedicated budget for continuous development, with 7.5% of its supply allocated to improving the platform after launch. Meanwhile, 12.5% is set aside to maintain liquidity across exchanges, ensuring smooth trading and price stability.

As meme coins continue to dominate the crypto landscape, the contrast between TRUMP and PEPETO's structured approach highlights a shift in investor sentiment.

While #TrumpCoin token capitalizes on hype and political fervor, #Pepeto appears to offer a more calculated, long-term vision. With a transparent development roadmap, substantial staking rewards, and a dedicated marketplace in the pipeline, PEPETO is positioning itself as a viable alternative for those looking beyond speculative frenzies.

Here is a video on how Pepto is emerging as a whale favorite: https://youtu.be/OsvuY3kL6-k?si=PMuDE62ZczCOSt

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.

Other articles published on Feb 01, 2025