Pepeto presale reaches $10.96 million ahead of Binance listing

The cryptocurrency project Pepeto has raised over $10.96 million through its presale, driven by anticipation regarding a potential listing on the Binance exchange. The project, founded by a co-founder of the original Pepe token, plans to announce its official Binance listing date through official channels soon. Reports indicate that large XRP holders have been participating in the presale.

In broader market developments, Jack Dorsey’s company, Block, has applied to open a national bank, referred to as Builders Bank, which would focus on holding bitcoin and stablecoins without offering traditional deposits or loans.

Pepeto is offering utility tools including staking, an exchange, a bridge, and a security scanner. The project currently offers a staking reward of 163% APY, with rewards claimable upon the token's listing.