Pepeto announces Binance-experienced developer as funding tops $11.04 million

  • Pepeto announced a developer with years of Binance experience joining its operating platform.
  • $11.04 million is the amount Pepeto says its funding round has surpassed.
  • Pepeto says three products are live and its code has undergone a SolidProof audit.

Pepeto announced the appointment of a developer with years of experience at Binance, saying the move strengthens a platform that already has three products live. The project says its funding has exceeded $11.04 million, while its Ethereum-based platform includes zero-fee trading on PepetoSwap, transfers across BNB Chain, Solana and Ethereum, and an AI scanner designed to review contracts before listing. SolidProof audited the code, according to the release. The announcement also links Pepeto’s prospects to Ethereum’s market outlook: Ethereum was priced at $2,505 after rising 31% in one month, BitMine held 5.95 million ETH, or 4.9% of total supply, after adding 27,180 ETH during the week, and coins continued to leave exchanges despite a setback involving the CLARITY Act. The release cites Tom Lee’s view, reported by CoinEdition after an interview with Milk Road, that $6,000 is a conservative Ethereum price target, roughly 140% above the stated price. Pepeto also highlights its cofounder’s previous project, Pepe, which it says reached a $7 billion peak, and compares its product-based approach with the earlier meme-token growth of Pepe, Dogecoin and Shiba Inu. The project says early-stage token allocations and pricing are limited before exchange listings, while cautioning investors to conduct due diligence and seek professional advice.

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