14,000 BTC Moved After Years of Dormancy and PEPETO Presale Makes Waves
The cryptocurrency market is witnessing significant movements, with two major developments capturing attention. On February 10, approximately 14,000 dormant Bitcoins (BTC) were transferred after remaining inactive for seven to ten years. Meanwhile, Pepeto (PEPETO), a rising memecoin, continues to attract investors with its presale momentum.
14,000 BTC Moves After Years of Inactivity
On-chain data shows that a large batch of Bitcoin, roughly 14,000 BTC, was moved after years of dormancy. The transfer did not involve any known exchanges, reducing the likelihood of an immediate sell-off. Such movements have historically raised speculation about long-term holders cashing out, but previous cases have not always led to price drops.
CryptoQuant, a leading on-chain analytics firm, noted that similar past transactions did not always result in significant market downturns. One key factor is the low acquisition cost of these coins, which could influence whether the holders eventually decide to sell.
Glassnode data reveals a growing divide between different types of Bitcoin investors. Retail holders, those with 1 BTC or less, have significantly increased their accumulation rate since mid-December, purchasing an average of 10,627 BTC per day. This marks a 72% acceleration compared to last year’s daily average.
Conversely, large-scale Bitcoin holders, or whales, those with over 1,000 BTC, have been aggressively selling since November 24. Whales have been sending an average of 32,509 BTC per day to exchanges, a ninefold increase in potential sell-side pressure compared to the yearly average.
This divergence suggests that while small investors see Bitcoin as a long-term opportunity, whales are offloading holdings at a rapid pace.
PEPETO Presale Gains Strength Amid Memecoin Competition
While Bitcoin movements dominate market discussions, the memecoin sector is also experiencing rapid growth. #Pepeto, known as the “God of Frogs,” has been gaining traction with its ongoing presale.
With a presale price of $0.000000109, PEPETO has already raised over $4.4 million. Its appeal lies in its innovative ecosystem, which includes a no-fee exchange, a cross-chain bridge, and a staking program that offers a fixed 387% APY. These features aim to address common liquidity and accessibility issues in the memecoin market.
Community engagement has also been a driving force behind PEPETO’s success. With over 65,600 followers, the project has built a strong base of supporters. Its decentralized model sets it apart from influencer-driven meme coins, making it a unique contender in the space.
Giving the Meme Coin Market What Most Tokens Lack
PEPETO’s tokenomics strategy is designed to ensure long-term sustainability and market stability. A significant 30% of the total supply is allocated to the presale, providing ample liquidity and early adoption opportunities.
Another 30% is reserved for staking rewards, incentivizing long-term holders and fostering ecosystem growth. To drive mass adoption, 20% is dedicated to marketing efforts, including influencer partnerships and promotional campaigns.
« The market plays with emotions, but real winners play with strategy. Stay calm, stick to the plan and let the rebounds work for you » – $PEPETO – The God of frogs.
🔗 : https://t.co/uo5vOks5PH pic.twitter.com/uV9fV3jom3
— Pepeto (@Pepetocoin) February 8, 2025
Meanwhile, 7.5% is allocated to project development, ensuring continuous improvements post-launch. Lastly, 12.5% is set aside for the liquidity pool, maintaining smooth trading conditions across exchanges.
{Add Hyperlink to Banner: http://pepeto.io }
Don’t miss your chance to be part of the #Pepeto revolution! With a rapidly growing community, innovative features, and a strong tokenomics model, PEPETO is making waves in the meme coin market. Secure your PEPETO tokens now at presale prices before it’s too late! Join the presale today!
About Pepeto
#Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/14000-btc-moved-after-years-of-dormancy-and-pepeto-presale-makes-waves/