ADA on Road to $1? Plus, Why This Frog Coin Pepeto is the Next Big Thing
The native token of the Cardano blockchain, ADA, might be on the road to maintaining its price above $1. The coin, which has been well below $0.6 for most of 2024, benefited from President Trump’s win in the November presidential elections.
ADA has since then rebounded over 300% since November 5, currently trading at $1.10. ADA is also up by over 109% year-on-year despite being on the downtrend in the past month.
Market Sentiment Signals ADA Shaky Upward Momentum
Different indicators, including Cardano’s ADX, have suggested that the coin’s uptrend is not yet solidified despite the weak downtrend recently seen. Some of Cardano’s developments in the coming months might still suggest a possible boost in ADA’s price. The coin’s developers are planning to improve the chain’s scalability, cross-chain interoperability, and network performance.
Another possible boost to the coin’s price is the recent re-entry into the market by Cardano whales, who might have contributed to the current price surge above $1. Crypto analyst Ali Martinez tweeted on January 16 that Cardano whales had accumulated over 30 million ADA coins in the past 24 hours. However, it is unclear whether there will be more aggressive buying of the coin.
The God of Frogs, PEPETO, has still established itself as a competitor of Cardano’s ADA, which describes itself as ‘The Ultimate Memecoin Revolution.’ The project was introduced last year using the trendy frog theme in memecoins. Pepeto is promising users long-term value and stability that other memecoins lack.
PEPETO Features a Competitive Ecosystem
The memecoin describes the pillars behind its ecosystem as power, energy, efficiency, and optimization. The project mentioned in its whitepaper why the pillars were necessary, pointing out issues facing most upcoming projects, including poor scalability, project inefficiencies, and market volatility. Pepeto also highlighted the dumps and price instability new tokens face due to their lack of long-term value.
Pepeto assured its users that the pillars would aid the project in having the proper technology to fuel its growth beyond the initial hype. The project also outlined that with proper technology, it could optimize its resources to achieve the best results sustainably. Lastly, Pepeto hopes to offer its community long-term value, unlike what most memecoins offer.
The memecoin project is currently in its presale phase, which has already earned over $3 million as of December last year. Pepeto explained that its token, PEPETO, would be listed on 5 major centralized exchanges to increase the trust, visibility, and accessibility of the token to a wider audience.
A New Year’s Message from the God of Frogs
— Pepeto (@Pepetocoin) January 1, 2025
As the New Year begins, the God of Frogs, Pepeto Himself, shares a message of triumph and faith for the loyal Pepeto Army:
The Plan Unfolds: The roadmap progresses flawlessly, as foretold. Every milestone has been achieved, and the… pic.twitter.com/zCmy1bTRQY
The project mentioned in its New Year’s update that Pepeto was nearing its launch as outlined in its roadmap, confirming that the actual date would be communicated soon. Pepeto further highlighted that its exchange, PepetoSwap, would also launch soon. The exchange will allow users to swap memecoins in a fast and costless way.
PEPETO to Garner More Adoption
The PEPETO token is expected to gain more value after its official launch, with the support of the technology and the community. The project promises more rewards for the Pepeto community rewards from staking and user engagement, as seen in the Christmas and New Year messages from the project. Pepeto has also assured its community of increased adoption this year, making it the potential next big token of 2025.
Get more information on Pepeto and its presale here.
About Pepeto
Pepeto is a memecoin project introduced in 2024, expected to revolutionize the value crypto investors get from memecoins. The project is targeting issues, such as scalability, short-term value, dumping, inadequate technology, and stability through its innovative technology and its token’s utility. Some notable mentions are its staking rewards, its zero-fee exchange, and a bridge.
Media links
X (Twitter): https://x.com/Pepetocoin
YouTube Channel: https://www.youtube.com/@Pepetocoin
Telegram Channel: https://t.me/pepeto_channel
Instagram: https://www.instagram.com/pepetocoin/
TikTok: https://www.tiktok.com/@pepetocoin
Contact Details
Contact: TokenWire Team
Email: contact@tokenwire.io