Anyone checking the ethereum price after the record Binance hack braced for a crash that never came. ETH still trades near $2,265 on CoinGecko, which leaves it down only 0.2% in a day. Bitmine kept buying through it, adding 8,573 ETH last week, as its November 2 update shows.
ETH has paid those who held through bad news, so the question is where early buyers go next. While big money moves into the big coins, something smaller builds right below it. Pepeto is a presale whose exchange charges nothing per swap, and it has raised more than $11.2 million.
Ethereum Price Holds as Bitmine Nears Its Goal, and $2,400 Is the Next Test
The ethereum price has one steady buyer under it, and that buyer now holds 6,060,506 ETH, according to Bitcoin.com. That stash is about 4.9% of all coins in circulation, which leaves Bitmine 99% of the way to its 5% target. So about 50,000 more ETH, roughly $112 million at today’s price, would finish the job.
Chairman Tom Lee said ETH slipped about 4% after the hack, which is half the 8% drop that followed the Bybit theft in 2025. The catch is the finish line, because Bitmine plans to stop at 5% and its steady buying has an end date.
That end date shapes the ethereum price this month, because traders on Polymarket put 68.5% odds on ETH reaching $2,400, per CoinGecko’s prediction page. That level sits about 6% above today, while the odds for $2,500 drop to 47.5%. On the downside, the week’s low is $2,179 on CoinGecko’s chart, and Cybernews put the post hack low at $2,178.
Because two sources mark the same line, a daily close below it would reopen the October lows. Bettors give a dip to $2,000 only 39.5%, so a crash is not the base case. Even $2,500 would be a fair month for a $277 billion coin, but for a small stake, 10% is a slow road.
Pepeto: A 0.00% Fee Exchange Live Before Its Listing
Once the biggest steady buyer is done, the ethereum price has to find a new one. Pepeto does not wait on a treasury desk, because its tools already run while its price moves by the stage. The cofounder who built the original Pepe coin is behind it, and the center of the project is PepetoSwap, an exchange that is live today.
Every swap there carries a 0.00% fee, so a trader pays only network gas and no protocol fee at all. The pool money comes from the project treasury and Earn stakers, who are paid from a staking allocation rather than from trading fees.
That design matters most next to Uniswap, where most ETH trading happens, because a $1,000 trade costs $3 there and $2.50 on PancakeSwap. The same trade costs nothing on PepetoSwap, and the gap grows with size. Across 200 trades of $5,000, a trader pays $3,000 on Uniswap but $0 here.
Orders can be market, limit or DCA, which buys a little at a time, and a private relay hides them from bots by default. Coins stay in the trader’s own wallet because the exchange never holds them. Testing has reached $50 million of daily volume, and that figure keeps growing.
The presale price is $0.0000001904, and the Pepeto official website shows it rising at every new stage. A stage ends when its timer runs out or its target is hit. Tokens are claimed at listing, and a Binance listing is approaching with no date set.
Bitmine pays full market price for the last 1% of its goal, while a Pepeto buyer in this stage beats every buyer in the next. For an ETH trader tired of paying fees, that makes Pepeto the stronger early pick.
Conclusion
Bitmine carried the ethereum price through the worst theft in crypto history, and that buyer is now 99% done. ETH can still reach $2,400, but the next leg needs new money.
Pepeto sits at a different point, because its exchange already saves traders real dollars and its stage price only moves one way. ETH’s 2014 sale buyers paid about $0.31 a coin, per The Block, which was long before the crowd arrived.
Each round on the Pepeto official website closes on its timer or its target, and the next one costs more. Buyers inside this stage will hold the lower price when listing day comes.
Click To Visit Pepeto official Website To Enter The Presale
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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