Elon Musk posted a picture of the Pepe frog on platform X, showing the meme character lighting a cigarette and looking tired. The post garnered widespread attention in cryptocurrency communities. Holders of tokens like PEPE, BabyDoge, and WIF quickly interacted, sharing similar responses. Some users also linked the timing of the post to the explosion of SpaceX's Starship in Texas, although no direct connection has been confirmed.
Whatever the reason, the tweet has brought renewed focus to a meme token that has been struggling to maintain a key support level.
PEPE tests support after an 8% drop.
PEPE is trading at about $0.000008743 after a drop of 9.1% in the past twenty-four hours. Market watchers believe the coin may retest the $0.0000101 level, with the potential to reach $0.000012 if sentiment improves. Currently, a bullish flag pattern is forming on the eight-hour chart, a pattern typically seen before a continuation of the upward trend.
The lower end of this pattern serves as support. If it holds, buyers may return. If it breaks, the recent rally may lose momentum. The current structure of the PEPE chart has divided traders, with some viewing it as a setup for a rebound while others await confirmation of trading volume before taking any steps.
Pepeto attracts buyers with its practical tools.
As PEPE trading declines, a new competitor is making waves. Pepeto, a new meme coin project, has raised over $5.45 million in its presale. Its current price is $0.000000136, and interest is growing rapidly. Unlike many meme coins, Pepeto features practical functionalities, making it the ideal choice for those looking for the best meme coin to buy.
The project includes an effective bridge between chains, a fee-free trading platform, and audited smart contracts. It also offers rewards of up to 280% on staking, a system designed to encourage holding the coin instead of early selling. This approach helps Pepeto stand out from meme tokens that rely solely on hype.
Investor focus has shifted towards utilities and structure.
As meme coin investors look beyond short-term pumps, Pepeto's roadmap is gaining increasing interest. Several centralized trading platforms are expected to launch soon, adding momentum. This shift shows a growing appetite for tokens that combine community appeal with practical features.
Investors looking for the best cryptocurrency to buy in 2025 are starting to take Pepeto seriously. With its effective staking system, transparent token, and zero trading fees, it has become a practical option for those considering long-term investment. On the other hand, Pepeto is receiving significant attention, but traders are waiting for a clear signal before taking any action.
About Pepeto
Pepeto combines the appeal of memes with practical blockchain features, focusing on actual user tools rather than hype. It offers zero-fee trading, staking rewards, and cross-chain support. With a clear roadmap and strong early backing, Pepeto stands out as a strong competitor for those looking for the best cryptocurrency options in 2025.$PEPE