SHIB Sees Massive Token Burning; PEPETO to Unseat It?
The post SHIB Sees Massive Token Burning; PEPETO to Unseat It? appeared on BitcoinEthereumNews.com.
The cryptocurrency market has a major competition between meme coins as Shiba Inu (SHIB) shows a significant increase in token burn rate. #PEPETO has made progress with presales of more than $4 million. As both projects grow, investors want to know which will lead the meme coin sector in 2025. Is Pepeto the Next Success in Memecoins? PEPETO stands out from the most discussed new meme coins. A key difference from SHIB lies in its tech focus or utility. The token sold at $0.000000107 in the presale phase, and $4 million was raised. Most meme coins depend on hype, but #PEPETO adds blockchain solutions like a fee-free trading platform or a cross-chain bridge for connections between networks and an open listing system to stop fraud. Here is a message from the god of frogs: https://x.com/pepetocoin/status/1874260504891240897?s=46 Shiba Inu’s Burn Rate Soars—A New Bull Run? The SHIB token significantly increased its burn rate during the past day. Data from Shibburn reveals that holders burned more than 281.9 million SHIB tokens in 24 hours, which reflects a 7,911% rise. A single transfer moved 277.5 million SHIB tokens to a dead wallet, adding a big part to the total burn amount. The burn process helps SHIB reduce its supply and makes tokens more scarce, which often leads to price increases. The burn count reached 312.3 million tokens in seven days, or a 1,731% rise from last week. Can PEPETO Challenge SHIB’s Dominance? SHIB keeps its followers and system intact, but #PEPETO adds speed to its growth. The presale results show that buyers trust the project more as early users notice how it can change meme coins. PEPETO offers better tech features for trades along with investments, unlike Shiba Inu which depends on burning tokens or making its system bigger. A plan to list PEPETO on…
Filed under: News - @ February 2, 2025 4:23 pm