Cryptocurrency

Once it broke $100,000 in Thursday’s Asian morning, boosted by U.S. President-elect Trump’s nomination of pro-crypto Paul Atkins to run the Securities and Exchange Commission, it was soon at an all-time high of $103,619. It was last fetching $102,675, up about 5% on the day.The total value of the cryptocurrency market has almost doubled over the year so far to hit a record over $3.8 trillion, according to data provider CoinGecko. By comparison, Apple (NASDAQ:AAPL) alone is worth about $3.7 trillion.Bitcoin’s march from the libertarian fringe to Wall Street has minted millionaires, a new asset class and popularised the concept of “decentralised finance” in a volatile and often controversial period since its creation 16 years ago.Bitcoin has more than doubled in value this year and is up more than 50% in the four weeks since Donald Trump’s sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress.”CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Trump said on Truth Social, his social media network, on Thursday.”We’re witnessing a paradigm shift,” said Mike Novogratz, founder and CEO of U.S. crypto firm Galaxy Digital (TSX:GLXY).”Bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream – this momentum is fuelled by institutional adoption, advancements in tokenisation and payments, and a clearer regulatory path.”Trump – who once labelled crypto a scam – embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin.”We were trading basically sideways for about seven months, then immediately after Nov. 5, U.S. investors resumed buying hand-over-fist,” said Joe McCann, CEO and founder of Asymmetric, a Miami digital assets hedge fund. Bitcoin’s proponents cheered Trump’s nomination of Atkins to the SEC.A former SEC commissioner, Atkins has been involved in crypto policy as co-chair of the Token Alliance, which works to “develop best practices for digital asset issuances and trading platforms,” and the Chamber of Digital Commerce.”Atkins will offer a new perspective, anchored by a deep understanding of the digital asset ecosystem,” said Blockchain Association CEO Kristin Smith.”We look forward to working with him … and ushering in – together – a new wave of American crypto innovation.”A slew of crypto companies including Ripple, Kraken and Circle are also jostling for a seat on Trump’s promised crypto advisory council.PART OF THE LANDSCAPEBitcoin has proven a survivor through precipitous downturns.Its move into six-figure territory is a remarkable comeback from a dip below $16,000 in 2022 when the industry was reeling from the collapse of the FTX exchange. Founder Sam Bankman-Fried was subsequently jailed.Analysts say the growing embrace of bitcoin by big investors this year has been a driving force behind the record-breaking rally.U.S.-listed bitcoin exchange-traded funds were approved in January and have been a conduit for large-scale buying, with more than $4 billion streaming into these funds since the election.”Roughly 3% of the total supply of bitcoins that will ever exist have been purchased in 2024 by institutional money,” said Geoff Kendrick, global head of digital assets research at Standard Chartered (OTC:SCBFF).”Digital assets, as an asset class, is becoming normalised,” he said.It is already becoming increasingly financialised, with the launch of bitcoin futures in 2017 and a strong debut for options on BlackRock (NYSE:BLK)’s ETF in November.Crypto-related stocks have soared along with the bitcoin price, with shares in bitcoin miner MARA Holdings and exchange operator Coinbase (NASDAQ:COIN) each up around 65% in November. Software (ETR:SOWGn) firm Microstrategy (NASDAQ:MSTR), which has repeatedly raised funds to buy bitcoin and held an aggregate of about 402,100 bitcoins as of Dec. 1, has gained around 540% this year. Trump himself unveiled a new crypto business, World Liberty Financial, in September, although details have been scarce and billionaire Elon Musk, a major Trump ally, is also a proponent of cryptocurrencies.’WHO CAN PROHIBIT IT’ Cryptocurrencies have been criticised for their massive energy consumption and use in crime around the world, and the underlying technology is far from delivering a revolution in the way money moves around the globe.The U.S. and Britain announced on Wednesday they had disrupted what they described as a global money laundering ring which used cryptocurrency to help rich Russians to evade sanction and launder cash for drug traffickers.Although calculations vary, the Cambridge University Centre for Alternative Finance estimates bitcoin uses around the same amount of electricity each year as Poland or South Africa.Still, as Russian President Vladimir Putin pointed out at an investment conference on Wednesday: “Who can prohibit it? No one.” And its longevity is perhaps testament to a degree of resilience.”As time goes by it’s proving itself as part of the financial landscape,” said Shane Oliver, chief economist and head of investment strategy at AMP (OTC:AMLTF) in Sydney.”I find it very hard to value it … it’s anyone’s guess. But it does have a momentum aspect to it and at the moment the momentum is up.” More

Schiff contends that institutional purchases and political scheming rather than natural market demand are to blame for Bitcoin’s ascent to six figures. He cites mounting conjecture, especially in the United States, regarding the inclusion of Bitcoin in national reserves as this rally’s main motivator.He claims that this government narrative has emerged as a key selling point for institutional investors igniting a surge in hope and new investment. The aggressive accumulation strategy of MicroStrategy and Michael Saylor is contributing to the rally. According to Schiff, MicroStrategy may have been the big buyer in the most recent trades, accelerating the upward trend and shattering the $100,000 psychological barrier.The likelihood of U.S. institutional interest in Bitcoin is amplified by the reserve, which makes it into what Schiff refers to as a state-backed asset in disguise. Schiff highlights the positive aspect of gold’s 0.24% increase today despite his criticism. He highlights that gold is still a trustworthy way to hold onto value unaffected by the speculative frenzy surrounding Bitcoin.While supporters of Bitcoin rejoice over its most recent success, Schiff doubts its long-term viability, contending that reliance on official narratives runs counter to the decentralized philosophy upon which Bitcoin was founded. Arguments like these show the divergent views on Bitcoin’s place in the financial industry as it approaches six-digit territory.Critics like Schiff see this as a departure from Bitcoin’s original intent, while supporters see it as confirmation of its potential. In any case, the $100,000 milestone is a turning point in the history of Bitcoin, solidifying its impact in both the crypto and traditional finance sectors.This article was originally published on U.Today More

Social-lifestyle app STEPN GO is thrilled to announce the next milestone in its ongoing partnership with adidas: the launch of the first-ever STEPN GO x adidas co-branded physical running shoes featuring the STEPN GO logo. This exciting development follows a successful year of collaboration between the two brands, which previously saw the release of the STEPN GO x adidas Genesis NFT Sneakers. Now, the partnership moves beyond the digital world and into the physical, with a limited-edition collection of 1,200 physical adidas Ultraboost 5 running shoes.This marks the latest phase of STEPN GO and adidas’ year-long partnership, which began in April 2024 with the launch of the STEPN Genesis NFT collection. After building excitement with the NFT drops, the introduction of STEPN GO x adidas Ultraboost 5 highlights how the two brands are pushing the boundaries of digital and real-world fashion.Starting December 13, the limited-edition collection of STEPN GO x adidas Ultraboost 5 running shoes will be available exclusively on the MOOAR marketplace. This initiative is reserved for holders of STEPN and STEPN GO x adidas Genesis Sneakers, reflecting adidas’ commitment to empowering physical movement and innovation.With only 1,200 Ultraboost 5 shoes available, this drop combines the cutting-edge performance of adidas with the active lifestyle ethos of STEPN GO.The raffles for the STEPN GO x adidas Ultraboost 5 running shoes will take place from December 13 to December 17, with four separate raffles. An advantage will be given to STEPN and STEPN GO x adidas Genesis NFT holders, while opportunities for broader participation will be provided through a contest on X and two raffles exclusively open to the ALTS by adidas and STEPN Apps communities.Winners will be able to claim their shoes between January 6 to January 22, after a 3-week trading period allowing everyone to buy their tickets on the secondary market. The collection comes in four limited edition co-branded shoe styles, with the color being randomly assigned to winners, adding a unique element of surprise.The STEPN GO x adidas collaboration is a significant step in integrating an active lifestyle into everyday life, showcasing STEPN GO’s innovative approach to fitness technology and its leadership within the Web3 ecosystem. By combining digital and physical experiences, this partnership underscores the growing impact of STEPN GO, not just as a fitness app but as a pioneer in redefining possibilities in the Web3 space.About STEPNSTEPN is Web3’s leading lifestyle app with over 5.7 million registered users. By incentivizing exercise through rewards, the app requires users to purchase a virtual Sneaker NFT and earn rewards through walking, jogging, or running. Over the years, STEPN has partnered with prolific brands like adidas, Atlético De Madrid, Steve Aoki, and ASICS.About STEPN GOBuilding on the success of STEPN, the pioneering move-and-earn platform, STEPN GO revolutionizes social fitness in everyday life. Buy, borrow, or lend your Sneakers to earn rewards by staying active. Your rewards can be used to level up, cash out, or flex your online appearance, fostering both physical activity and social connections.About adidasadidas is a global leader in the sporting goods industry. Headquartered in Herzogenaurach/Germany, the company employs more than 59,000 people across the globe and generated sales of € 21.4 billion in 2023.ContactMarketing ManagerEmmanuel ManachFSLemmanuel@stepn.comThis article was originally published on Chainwire More

To achieve that, Bitcoin demonstrated an approximately 9.25% spike in the past 24 hours, surging from $94,890. Bitcoin first reached $99,280 and then printed two consecutive green candles that took it above $100,000. At the time of this writing, BTC is changing hands at $102,823.Changpeng Zhao explained this by saying that he has not been buying any dips recently, and his Bitcoin stash has remained the same: “I still have the same number of bitcoins.”However, he noticed that “everything else became a little cheaper, relative to bitcoin,” either referring to the altcoins he holds, such as BNB, for example, or to altcoin prices in the market at the moment. As for Binance Coin, launched by CZ along with Binance in 2017, on Wednesday, it hit a new all-time high of $793.The former contained 10 BTC, which is now worth $1,023,075 (which cost $50 in 2012), and the latter’s contents are valued at $5,160,551. According to the aforesaid data source, back in 2011, those 50 BTC were worth $219.This awakening seems logical now that Bitcoin has finally stepped over the $100,000 threshold, which many Bitcoin maximalists expect to be the first step toward surging to $1 million per BTC.This article was originally published on U.Today More

Aria Coin, an alien-inspired token, has experienced a notable 3000% surge in value. Aria Coin goes beyond being a token, positioning itself as a movement to reshape the meme coin market with its interstellar vision and community-centric mission.Aria Coin has unveiled an initiative to reach the moon—literally. Partnering with advanced technology to send a special package to the lunar surface by 2025. Guided by the motto, “Unlock the riches of Aria,” this token aspires to provide more than gains—it wants to provide an out-of-this-world experience for its community.Through the Aria Mini Application, users are empowered with opportunities to get tokens, enter exclusive raffles, and unlock experiences, including family vacations, plane tickets, and limited-edition NFTs. This innovative approach distinguishes Aria Coin in the crowded meme coin space.An Alien Perspective: A Fresh Take on Meme CoinsThe meme coin market has long been plagued by pump-and-dump schemes and projects lacking substance. Aria Coin want to rewrite this narrative with a mission to bring value, sustainability, and engagement to the forefront.At the core of Aria Coin is its vibrant community. Known as Arians, members are rewarded with experiences such as holidays, exclusive watches, and substantial token giveaways. By launching AriaLand, an immersive mini-application accessible via Telegram’s AriaLandBot, Aria Coin ensures its community thrives.AriaLand Features:The Story Behind Aria CoinAria Coin draws inspiration from the vastness of space, aiming to spark curiosity and innovation. Its ecosystem uses advanced AI and AR technology to gamify everyday life, providing users with engaging experiences similar to Pokémon GO.The experience is guided by Master Veludo, an AI-powered character central to Aria Coin’s story. Veludo acts as a personal assistant, leading users through interactive tasks that allow them to get tokens, discover hidden treasures, and unlock real-world benefits like discounts and potentially gain rewards.By seamlessly integrating cryptocurrency into daily life, Aria Coin offers a unique combination of education, community connection, and tangible rewards.A Shift in the Meme Coin LandscapeAria Coin distinguishes itself in the crypto space with a solid market cap, active trading volume, and unique community initiatives. Positioned for significant growth, targeting a 100x rise in the near future.“The meme coin market has never seen anything like Aria Coin. We’re here to inspire, connect, and reward our community in ways never imagined,” said Garry, the CMO of Aria Coin and one of the visionary behind it.About Aria CoinAria Coin is a community-focused cryptocurrency project designed to empower users while redefining the meme coin space. Through its innovative AriaLand ecosystem, AI-driven gamification, and groundbreaking lunar mission, Aria Coin is setting new standards in the crypto world.This article was originally published on Chainwire More

The world’s biggest and best-known cryptocurrency has more than doubled from this year’s low of $38,505 and is up over 50% since Trump’s sweeping election win in early November. Here are key events in bitcoin’s journey towards $100,000 and beyond: 2008: Satoshi Nakamoto, the pseudonym used by the cryptocurrency’s presumed developer, introduces the concept of bitcoin2010: The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John’s (NASDAQ:PZZA) pizzas2013: As bitcoin’s popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF. Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust. 2016: The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street (NYSE:STT) as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.2017: The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough. 2018: The SEC rejects the Winklevoss twins’ second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.2020: Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.2021: The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April. In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading – faster than any other ETF.Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF. 2022: The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale’s application, prompting the company to sue the agency. Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.2023: May: Cathie Woods’ ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.June: BlackRock (NYSE:BLK) files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months. August: A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe’s first spot bitcoin ETF begins trading on the Euronext (EPA:ENX) Amsterdam stock exchange. October: The SEC opts not to appeal the court’s ruling in the Grayscale case and is required to reexamine the application. 2024: Jan. 10: The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.February: Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.    March: Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.    June: Trump pitches himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San Francisco fundraiser.    July: Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the “crypto capital of the planet.”     October: The SEC grants “accelerated approval” to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.Nov 6: Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.Nov 12: Total (EPA:TTEF) crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.Nov 21: Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment. Dec. 5: Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.  More

The world’s largest cryptocurrency was last trading at $102,900 . Since Trump’s win on Nov. 5, the price has surged around 45%, driven by a swathe of buying that has poured capital into U.S. bitcoin-backed exchange-traded funds. COMMENTS:DAN COATSWORTH, INVESTMENT ANALYST AJ BELL, LONDON“Smashing through the $100,000 level does not represent bitcoin going mainstream. It’s merely a psychological factor and ultimately just a number.“A lot of people have got rich from the cryptocurrency soaring in value this year, but this high-risk asset isn’t suitable for everyone. It’s volatile, unpredictable and is driven by speculation, none of which makes for a sleep-at-night investment.CHANG WEI LIANG, FX AND CREDIT STRATEGIST, DBS, SINGAPORE: Bitcoin prices are buoyant with crypto adoption possibly reaching an inflection point in the US. The incoming Trump administration is seen as more crypto-friendly, and 2025 could see progress in setting up a U.S. Bitcoin strategic reserve, on top of changes in regulatory guidance that could help industry growth.SHOKI OMORI, CHIEF JAPAN DESK STRATEGIST, MIZUHO SECURITIES, TOKYO”Individual investors must be excited to see the BTC price top $100,000 following the news of Paul Atkins being nominated as SEC chair. Markets knew Gensler would be stepping down and there would be someone who is less aggressive on crypto regulations. Of course, this doesn’t mean BTC will rally forever, as there will be moves to take profits. “I think if BTC were to rally more from here, other crypto majors should catch up a bit first, such as Ethereum. Ethereum looks cheap against Bitcoin. Ripple shot up, but again we saw profit taking at $2.80. Altos look choppy. The crypto community is looking for positive headlines to take crypto prices broadly up even higher. The tailwind from the Trump trade is starting to weaken as markets have a lot of headlines already priced in.”JEFF MEI, COO AT BTSE, HONG KONG”Bitcoin’s surge past the $100,000 mark is not just a milestone; it represents a pivotal moment for the cryptocurrency industry. “The confidence is spurred by an increasingly favourable regulatory environment in the U.S., particularly with the appointment of Paul Atkins to chair the SEC. This is likely to drive further institutional investment in the sector, giving Bitcoin more credibility and leading to a new wave of adoption.”Looking forward, Bitcoin could reach even greater heights as more institutions begin to perceive it as a viable store of value and allocate funds to Bitcoin ETFs. I’d also expect more institutions to rotate into Ethereum ETFs, which haven’t been as popular as the Bitcoin ones up until now. “GEOFF KENDRICK, GLOBAL HEAD OF DIGITAL ASSETS RESEARCH, STANDARD CHARTERED, LONDON”At the end of the day, it’s just a number…but the reality is we’ve been able to get to this level because the industry has become institutionalised this year particularly – and that’s mostly the ETF inflows.”Roughly 3% of the total supply of bitcoins that will ever exist have been purchased in 2024 by institutional money.”TONY SYCAMORE, ANALYST, IG, SYDNEY”After spending the past 12 sessions working off overbought readings and rebuilding energy, the King of Crypto has smashed its way above $100k in trading today.”This is likely to be the catalyst for the next wave of momentum buying which takes it towards the next stop of $105k, before $120k in 2025.”KYLE RODDA, SENIOR FINANCIAL MARKET ANALYST, CAPITAL.COM, MELBOURNE”It’s a massive milestone for the true believers and possibly evidence of the asset’s legitimisation. If we are talking where we go from here, there’s reason to believe this thing could keep going. These end of year melt-ups often see Bitcoin more than double in value. “Given the reduced regulatory risk, the continued appeal of non-fiat assets because of the perception of US fiscal profligacy, and greater geopolitical risks, there are continued tailwinds that could support prices going higher.”JUSTIN D’ANETHAN, INDEPENDENT CRYPTO ANALYST, HONG KONG:”Bitcoin crossing $100,000 is more than just a milestone; it’s a testament to shifting tides in finance, technology, and geopolitics. The figure not that long ago dismissed as fantasy, stands as a reality.”Institutional adoption is evident, as seen by the increased volume on the CME, ETFs (exchange traded funds), and derivatives markets during U.S. hours. Essentially, funds now need to either get involved or risk standing on the sidelines while more gutsy competitors potentially outperform.”BOBBY ONG, CO-FOUNDER, COINGECKO, KUALA LUMPUR:”Bitcoin reaching the $100,000 milestone marks a significant moment for the cryptocurrency market, reflecting its growing maturity and mainstream adoption.”The psychological importance of $100,000 is also attracting new investors and driving market sentiment. This rally demonstrates Bitcoin’s position as a leading financial innovation, solidifying its reputation as a digital store of value and a hedge against traditional economic uncertainties.”It also underscores the growing acceptance of cryptocurrencies as a legitimate asset class.”SHANE OLIVER, CHIEF ECONOMIST & HEAD OF INVESTMENT STRATEGY, AMP (OTC:AMLTF), SYDNEY:”As time goes by it’s proving itself as part of the financial landscape, slotting in more as a store of value as opposed to a regular asset you can value on the basis of things it produces, like shares.RAY ATTRILL, HEAD OF FX RESEARCH, NAB, SYDNEY:”It’s the ultimate speculative asset, isn’t it.”I wasn’t surprised … it was probably the cleanest ‘Trump trade’. Just from a regulatory point of view and the concept of a much more easily traded asset, it’s justified its run up, though it’s now taken on a life of its own.”The test will be if we do have a big puke in risk sentiment at some point, and we start to see a major stock market correction. Where does crypto sit in that? I don’t know the answer.”RICHARD TENG, CHIEF EXECUTIVE OFFICER, BINANCE, DUBAI:    “Almost 16 years since its first block was mined in 2009, bitcoin has reached the landmark milestone of $100K per coin, placing the asset at a total market capitalisation of $2.1 trillion. “This also places bitcoin firmly on the very short list of just seven assets or companies that have achieved more than 2 trillion dollars in market capitalisation, the rest being gold and tech giants NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL) (Google), and Amazon (NASDAQ:AMZN).    “With talks of a U.S. Strategic Bitcoin reserve and more companies adding bitcoin to their corporate treasuries, we are on the precipice of true mainstream global adoption.”JEAN-BAPTISTE GRAFTIEAUX, CEO, BITSTAMP, LUXEMBOURG:”Bitcoin reaching $100,000 is a watershed moment, highlighting its resilience after a challenging few years. Despite shifts in the political and regulatory landscape, bitcoin has proven its staying power. “This milestone reflects the growing maturity of the crypto market, as traditional financial institutions and retail customers increasingly embrace digital assets. Looking ahead, we anticipate broader integration of crypto into retail, professional and institutional holdings and pensions, coupled with a more diverse range of trading services and instruments, mirroring the evolution of traditional finance.” More

Pepe Unchained, with 10 days remaining until its official listing, continues to draw attention for its Layer 2 technology designed to improve scalability and transaction speed. Simultaneously, Pepeto is building momentum with its utility-driven approach, offering a cross-chain bridge, zero-fee exchange, and staking features. As both projects progress, Pepeto’s focus on addressing broader challenges in the memecoin space positions it as a key contender in the lead-up to the 2025 bull run.PEPETO : Website Upgrade Signals Progress Toward Utility LaunchAs part of its ongoing roadmap execution, Pepeto has unveiled a significant upgrade to its official website, https://pepeto.io/ This enhancement reflects the team’s commitment to providing a seamless user experience and preparing for the upcoming launch of PepetoSwap’s beta version.By adhering to its roadmap, Pepeto continues to build trust and excitement within its growing community. The upgraded platform will soon serve as the foundation for the bridge and exchange functionalities, offering a resource for the next generation of blockchain projects.PepetoSwap: Transforming Cross-Chain TradingAs Pepeto, the project is preparing to launch its anticipated utility, PepetoSwap. This dual-feature platform combines a bridge for seamless token swapping across different blockchains with an exchange designed to support and adopt a wide range of tokens.The bridge utilizes advanced technology to lock tokens on one blockchain and mint equivalent wrapped tokens on another, enabling interoperability while maintaining security. Meanwhile, the Pepeto exchange empowers token owners to list their projects directly via the bridge section of the official website, fostering a collaborative and expansive ecosystem for memecoins and other tokens alike.A $1M Milestone (WA:MMD) and BeyondPepeto successfully raised over $1 million during its presale phase, drawing attention from various sectors within the cryptocurrency space, including investors, influencers, and community members. The project’s recent developments, including the unveiling of PepetoSwap and enhancements to its official website, underscore its commitment to building utilities for its community.As the beta launch of its bridge and exchange approaches, Pepeto continues to advance its roadmap, aiming to support broader adoption and collaboration within the cryptocurrency ecosystem.About PepetoPepeto is a memecoin project designed to integrate cross-chain utility with community-driven development. Offering zero-fee trading, blockchain bridge functionality, and a staking rewards program, Pepeto seeks to combine accessibility with practical features. The project emphasizes interoperability and long-term value, fostering a dedicated user base through its ecosystem innovations and community-focused approach.DisclaimerThe official website for Pepeto is https://pepeto.io/. Users are advised to exercise caution regarding fraudulent websites that may seek to misrepresent the project or its developments.Official Website: https://pepeto.io/Social Media:This article was originally published on Chainwire More