Pepeto meme coin announces new presale stage following $10 million raised

Pepeto, a new meme coin project, has announced the opening of a new presale stage following the early sellout of its previous round. The project has reportedly raised over $10 million in funding and is approaching 50,000 holders.

Unlike many meme coins, Pepeto is developing technical infrastructure, including an EVM Layer 2 on Ethereum and a bridge designed to connect Ethereum, Solana, and BNB Chain. The ecosystem includes PepetoSwap for trading and an AI-driven tool intended to scan contracts for malicious tokens. The project also offers staking with a reported 168% APY.

The project is linked to the cofounder of the original PEPE coin. While PEPE remains a significant market player, Pepeto aims to differentiate itself by integrating functional utility and cross-chain tools into the meme coin model.