On October 11, 2025, influenced by the U.S. tariff announcement, over $19 billion in leveraged positions in the cryptocurrency market were liquidated. Bitcoin fell by 8.96% to $111,452.76, Ethereum dropped by 16.44% to $3,770.65, and BNB decreased by 6.81% to $1,093.59. Meme coins such as PEPE, Shiba Inu, and Dogecoin fell by 31.94%, 19.17%, and 25.02%, respectively. During this market downturn, Pepeto ($PEPETO) raised over $6.99 million in pre-sale, with a token price of $0.000000158 and staking rewards yielding an annualized return of up to 221%, making it a project focused on utility during the market adjustment period.