Anyone moving coins between chains over the weekend found a main route closed. THORChain froze swaps after a 10 ETH refund error, yet its RUNE token rose about 15% once most networks came back. This Crypto Update covers the restart and what it means for cross chain money.
Since the 2022 Wormhole and Nomad hacks took over $500 million, safer transfers have been a top demand. While the news lifts the big names, Pepeto, a presale past $11.2 million, is building for that need below them.
Crypto Update: THORChain Restores Swaps on 10 of 13 Networks After a Refund Bug
THORChain reopened trading on 10 of its 13 outside networks by November 4, after a refund bug froze its swaps. On October 31, an Ethereum reorg, when the chain swaps out a recent block, erased a 10 ETH deposit THORChain had credited, and the protocol refunded it anyway.
Bitcoin, Ethereum and Bitcoin Cash trade again, while BNB Chain, Cosmos Hub and Solana stay paused. This Crypto Update shows how fast traders return once a route reopens, and a presale shows what that cash could do elsewhere.
Cross Chain Swaps Are Back, and Three Coins Take Different Routes From Here
Why Is Pepeto’s Bridge Getting Attention After the THORChain Halt?
Bitcoin Cash needs over $500 million of new buying to rise 10%, and Cosmos about $76 million. This week pushed traders toward tools that keep coins safe in transit, and Pepeto is a presale building exactly that before its listing. Each piece is being tested privately by its community and largest holders.
Its bridge targets the failure THORChain just showed. Tokens lock in an audited contract on one chain and mint on the other only after the lock is proven on chain. There is no wrapped IOU, a stand in token that depends on someone else’s vault. If a transfer fails, the lock reverses by itself and the coins go back. A move takes under 60 seconds and costs $0 in bridge fees, against $15 to $50 elsewhere.
The token earns its value from the exchange beside it. PepetoSwap takes no fee, so a $1,000 trade costs $0 compared with Uniswap’s $3, and a run of 200 trades at $5,000 leaves $3,000 unspent. A trader saving that much returns and holds the token the platform runs on. Supply stays at 420 trillion on every chain, so each added user lifts demand for a coin no one can expand.
SolidProof audited the contracts and verified the team. The man who cofounded the first Pepe leads it, with a former Binance expert among its builders. At $0.0000001905, $15,000 buys about 79 billion tokens, and staking at 16.% APY grows that stack, with rewards claimed at listing. After listing, a 300x would turn that $15,000 into about $4.5 million, and 500x into about $7.5 million. SHIB’s 2021 run went far beyond either number. Two large coins from this week’s swap story show the other path.
Bitcoin Cash (BCH): Swaps Are Back, but the Price Lags
Bitcoin Cash trades at $273 on CoinMarketCap, flat on the day, with a value of $5.56 billion. THORChain reopened BCH swaps this week, restoring one route into the coin. Still, BCH has lost about half its value since trading near $570 in February. CoinCheckup’s pivot levels put resistance at $293, then $305. If BCH clears $293, the $305 mark sits about 10% above today.
Cosmos (ATOM): Still Waiting on Its Route to Reopen
Cosmos trades at $1.41 on CoinMarketCap, down 1.7% on the day, with a value of $763 million. Cosmos Hub is among the three THORChain routes still paused, so ATOM missed this week’s bounce. It sits about 97% under its $44.70 record from 2021. If swaps reopen and buyers return, a climb to $1.53, its early July price, would be about 9%.
Conclusion
This Crypto Update shows that after a scare, money comes back first to code that has been fixed and checked. Bitcoin Cash and Cosmos top out near 10% and 9%. Neither sells at a presale price or is building a bridge that returns coins when a transfer fails.
Everything about Pepeto, from audit to team, is on record before listing. $10,000 in bitcoin doubles at best, while $10,000 in Pepeto grows to between $300,000 and $1 million if it runs 30x to 100x. A 2027 portfolio will either hold Pepeto from this stage or it won’t, and the presale price is still on the Pepeto official website.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
Why is THORChain’s restart the top crypto update for traders now?
It reopened 10 of 13 swap routes and lifted RUNE about 15%, so traders came back fast.
Is Bitcoin Cash worth stacking after the restart, or is it a bounce?
BCH’s best case is near 10%, so buyers wanting a bigger move head for the Pepeto official website before listing.
What makes Pepeto a strong pick beyond being a meme coin?
Pepeto is building a bridge that undoes failed transfers plus a no fee exchange, backed by a SolidProof audit.
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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