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Pepeto (PEPETO), a meme-inspired crypto project combining utility with entertainment, has disclosed plans to launch a $700,000 community giveaway after a major milestone.
According to an official announcement today, Pepeto has surpassed $7 million in total funding for its presale. Hence, it has launched an exclusive giveaway program to celebrate the milestone.
The update coincides with a broader market recovery marked by renewed liquidity and participation across major digital assets.
The move comes as the global crypto market shows signs of recovery after several days of volatility. The positive trend witnessed in the market has extended to the Pepeto ecosystem.
Pepeto launches 221% staking rewards amid crucial rebound
As such, the total market capitalization increased by over 4% in the past 24 hours, reaching $3.76 trillion. This impressive surge highlights renewed market confidence and a return of liquidity to leading assets, including Bitcoin, Ethereum, and mid-cap altcoins.
Amid the broader crypto market resurgence, Pepeto (PEPETO), a meme-inspired token emphasizing community engagement and real token utility, has continued to expand its ecosystem.
Despite the recent corrections that led to the massive crypto market bloodbath, Pepeto’s community activity remained consistent, supporting ongoing presale participation and staking engagement.
The project, often called the “God of Frogs,” reflects the 420-trillion token supply format popularized by earlier meme coins while introducing yield-focused participation features.
With market conditions stabilizing, staking has become a common strategy among participants during periods of price consolidation. Hence, Pepeto has introduced a staking program offering up to 221% in annualized yield, allowing users to lock tokens and earn rewards within its ecosystem.
While it seeks to bolster the token’s adoption, the program reflects Pepeto’s transition from a presale token to a platform emphasizing ecosystem participation and reward-based engagement.
Per the announcement, Pepeto has launched a $700,000 giveaway campaign to mark the $7 million presale milestone. Participants can verify eligibility through official Pepeto channels, and allocations will be distributed among the top winners and community categories.
This means that $700,000 worth of PEPETO tokens will be distributed, including a top award of $300,000, second and third prizes of $200,000 and $100,000, and several community prizes of $25,000 each.
