If you follow dogecoin news, this week probably felt like two stories at once. On the surface, Bitwise is closing its DOGE fund and will pay holders in cash on October 22, CryptoTicker reports. Underneath, whales picked up about 600 million DOGE, close to $48 million, since October 12, per 24/7 Wall St.
In past cycles, big buyers loading up while others walk away came before the next run. DOGE is holding up fine. But for people hunting the next big meme story, the talk keeps landing on Pepeto. It is a meme coin with a live exchange and more than $11.2 million raised.
What Is the Latest Dogecoin News This Week?
The biggest dogecoin news this week: Bitwise is shutting its DOGE fund and paying holders cash on October 22, CryptoTicker reported on October 17. The fund stopped trading on October 14 and turned its coins into cash.
Then an October 16 post brought back a famous line from Binance founder CZ, TokenPost noted. He called Dogecoin the most successful joke in history. DOGE sat at $0.0801 that morning, under its 50 day average of $0.08827. When a coin this famous sits this low, smart buyers ask where the next big run comes from.
Two Coins to Watch After the Bitwise Exit: Pepeto and Dogecoin
Pepeto: Built for the Buyers a Fund Will Never Serve
A DOGE fund was a slow and safe way to hold a famous coin. Pepeto is made for a different kind of buyer. A fund like that suits people who never want a big swing, and nothing is wrong with that. Pepeto is for everyone else. These are buyers who joined crypto for life changing gains, not a yearly fund fee of up to 1.5%.
The numbers say it plainly. The presale price sits at $0.0000001901 today, and it climbs at every new stage. That climb answers one thing: an exchange people can open and use right now.
While the Bitwise fund turns its coins into cash, PepetoSwap, the project’s live exchange, lets you trade with a 0.00% swap fee. Most exchanges take a small cut of every trade, and it adds up fast. A $1,000 swap costs $3 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap it costs $0, and you pay only network gas. Bots are kept away from your order by default, so the price you see is the price you get. More of every trade stays in your pocket, which is what pulled more than $11.2 million into the presale.
Each stage ends when its timer runs out or its target fills, and the next one costs more. Analysts project 100x from this price, a gain that belongs to whoever buys while it lasts. The Bitwise cash will still land on October 22 either way. Today’s Pepeto price will not.
Dogecoin Price Today: Which Levels Decide the Next Move?
Dogecoin trades at $0.07917 on CoinMarketCap, up 0.87% on the day. The first floor is $0.081, where 24/7 Wall St spotted a fresh buy signal. Below that sits the October 15 low at $0.0777, and then the August low at $0.0695, the line that matters most.
On the way up, the 50 day average near $0.0882 is the first wall. Next comes the $0.10 close from September 22. Analyst Ali sets a target of $0.16 to $0.17, but only if $0.081 holds. That would be close to double from here.
Doubling a coin worth about $12.6 billion is a strong result, and DOGE still sits about 89% under its 2021 peak. But that move needs billions of new dollars. A small presale needs only a tiny slice of that to multiply many times.
Conclusion
This dogecoin news closes one chapter, the fund era for DOGE. Back in 2021, the market and its buyers looked nothing like today. The people who rode DOGE to about $0.73 have grown up. Now they look for coins with a real product behind them. That same search brought you here, and it points to Pepeto, a meme coin with a live exchange already running.
The first buyers moved before the crowd had a reason to look, and a working exchange gives their tokens far more room to climb. Pepeto is the clearest shot open today at owning the next big meme run before everyone else finds it.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the latest Dogecoin news after Bitwise closed its DOGE fund below $0.10?
The latest dogecoin news is that Bitwise pays DOGE fund holders cash on October 22. Whales also bought about 600 million DOGE since October 12, a sign big buyers still see value.
How does Dogecoin’s future price compare to early presales like Pepeto?
Pepeto has more room to grow, because a small presale needs far less new money to multiply than a $12.6 billion coin. See the Pepeto official website.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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