Anyone with coins on an exchange spent the past week wondering if the balance was still there. The Binance hack took $6.3 billion, and the crypto market lost about 4% of its value. After FTX failed in November 2022, bitcoin more than doubled within a year. Cryptocurrency News this week is about where that scared money goes next.
While the news moves big money toward big firms, something smaller builds below it: Pepeto, which pulled in over $11.2 million through the slump with an exchange that never holds buyers’ coins.
Cryptocurrency News: Goldman Names Who Wins the Money Leaving Binance
Goldman Sachs analysts said on November 3 that the Binance hack is a net negative for crypto stocks, though a flight to safety could help firms with strong defenses. Nearly $20 billion, about 14% of Binance’s assets, has left since the hack.
Goldman named Coinbase, BitGo and Robinhood as best placed to catch it, and Coinbase shares rose 9% that day. Cryptocurrency News now centers on who holds the coins, and while big firms fight for that money, a smaller project builds tools that keep coins with their owners.
The Hack Sends Money Looking for Safety, and Pepeto Builds for That Need
Could Pepeto Make a 100x Run After a Shock Like This?
After a hack this size, traders want money that is both safe and able to grow, and Pepeto targets both while still in presale. It has drawn more than $11.2 million so far, at $0.0000001905 a token.
PepetoSwap is non custodial, so coins stay in the trader’s own wallet and no exchange can lose them. It takes market and limit orders, and it charges zero on trades. Uniswap takes $3 from a $1,000 trade, and across 200 trades of $5,000 a trader here keeps the $3,000 that fees would eat. Those savings bring traders back, and each one needs the token the exchange runs on. Only 420 trillion will ever exist, so a growing user base means rising demand for a fixed supply.
The bridge follows the same safety rule. It locks tokens in an audited contract and mints them on the other chain. Nobody holds the funds in between, and a failed move reverts by itself. Rival bridges have locked user funds for good when transfers failed. Both tools are in private testing for members of the community and the project’s biggest holders.
The man who cofounded the original Pepe started the project, and the dev team includes a former Binance expert. SolidProof audited the code and checked the team. Holders can stake for 160% APY, paid out at listing. Because these tools target the exact fear this hack created, Pepeto stands as a leading presale pick, and analysts project 100x after its Binance listing. DOGE made that kind of move in 2021, running from under a cent to $0.73. So how are listed coins handling this week’s fear?
Starknet Jumps 8% but Sits Far Below Its 2024 Peak
Starknet (STRK) trades at $0.0426 on CoinMarketCap, up 8.3% in a day. CoinCodex ranked it among the top 200’s stronger movers on November 4. It peaked at $3.66 on February 20, 2024, so it sits about 99% below that high. At about $336 million in value, a 50% climb needs roughly $170 million of fresh buying. That is in reach if this week’s buying holds.
Kite Takes On 640 Million New Tokens and Still Climbs 7%
Kite (KITE) trades at $0.118 on CoinMarketCap, 7.4% higher than yesterday. Its November 3 unlock released 640 million KITE, about 17% of the supply already out, one year after trading began, per BeInCrypto. Buyers took those coins and still pushed the price up. Its March 6 high of $0.3212 sits 2.7 times above today, and getting back needs unlock selling to stay this light.
Conclusion
Swings like this week’s can erase months of gains, so sharper traders look at early presales after a shock. Cryptocurrency News may center on safety, but Pepeto pairs the meme roots of its cofounder with tools that keep coins in the owner’s wallet.
PEPE had no tools at all and still passed a $1 billion value within weeks of its April 2023 launch. Today, $30,000 buys about 158 billion tokens, and at 100x that stake would be worth about $3 million. Each finished round shrinks what $30,000 buys. For anyone shaken by the Binance hack, this stage is open on the Pepeto official website now.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What does the latest cryptocurrency news mean for buyers?
Money is moving toward platforms traders trust, with nearly $20 billion leaving Binance and non custodial projects like Pepeto drawing presale buyers.
What utility does Pepeto offer that makes it attractive?
Pepeto offers a zero fee exchange where coins never leave your wallet, and the Pepeto official website sells tokens before the listing.
What did Goldman Sachs say about the Binance hack?
Goldman called it a net negative for crypto stocks but named Coinbase, BitGo and Robinhood as best placed to win fleeing customers.
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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