Casablanca – Pepeto announced that its latest presale stage has sold out, marking the fastest sellout since the project opened its token presale and pushing the initiative into a new pricing tier for upcoming buyers. The update was shared by the project’s team on March 14 as interest in the cryptocurrency continues to grow despite volatility affecting parts of the broader digital asset market.
According to the announcement, the project has raised more than $8 million during the presale so far, with each funding stage filling more quickly than the previous one.
The team said that wallets that entered the presale earlier have continued to increase their holdings while new participants have joined at a rising pace. The number of new wallets participating in the presale has reportedly doubled in recent months, reflecting a steady influx of additional investors.
The development comes as segments of the cryptocurrency market experience shifting dynamics, including selling pressure around larger assets such as XRP. The project’s team stated that Pepeto has continued to attract capital and user participation even as broader market sentiment fluctuates.
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Pepeto is being developed as a decentralized finance platform built on the Ethereum network. The team says the platform is intended to support cross chain trading between networks including Ethereum, BNB Chain, and Solana while enabling instant settlement for token swaps. The project also plans to include an exchange designed to screen tokens before listing them, using automated checks on smart contracts.
As part of its development process, the project’s smart contracts have undergone an external audit conducted by the blockchain security firm SolidProof, according to the announcement. The audit is intended to verify the integrity of the contracts before the platform’s planned public launch.
The team stated that development milestones for the exchange and related infrastructure are progressing according to schedule. Once the presale phase concludes, participants will be able to claim their purchased tokens before trading begins on exchanges.
The announcement also included a statement from a project representative who said the platform is being designed to allow token swaps to settle without trading fees while applying automated verification to smart contracts listed on the exchange.
Pepeto said it plans to continue releasing development updates as the presale progresses and additional features of the platform move closer to launch.
