If you read the cryptocurrency news on Thursday, you saw red everywhere and asked one thing: run or buy? About $431 million in borrowed bets got wiped out in 24 hours, per CoinGlass data in TokenPost. Yet by Friday, Bitcoin was back near $81,642, The Crypto Times reports.
Big wipeouts like this have often marked a low. Once forced sellers are gone, nobody is left to dump. The big coins will heal in time. But for people reading cryptocurrency news to find the next big gain, the eyes are on Pepeto, whose zero fee exchange is already running.
What Happened in Cryptocurrency News This Week as $431M in Bets Vanished?
Traders lost about $431 million to forced selling in the 24 hours to Friday morning, per CoinGlass data in TokenPost. In the last 12 hours alone, $210 million of $222 million came from bets on a rise. Bitcoin dipped to $80,989 at its low, The Crypto Times shows.
The Nasdaq fell 2.6% on Thursday, and the Fed meets on October 28. Forced selling clears out the weak hands fast. What is left is a market looking for its next leader.
Which Coins Are Worth Watching After the Biggest Cryptocurrency News of the Week?
Why Is Pepeto Drawing Buyers While the Market Shakes Off Forced Selling?
While borrowed bets blew up, the Pepeto presale kept drawing traders who want real use, not just hype. Pepeto is a trading platform. It lets regular people buy and sell without handing over a cut.Prices in crypto move fast, and fees quietly eat what you make. Pepeto aims to stop that leak.
The promise is simple. You keep what you trade, whether you are new or you trade every day. PepetoSwap charges no protocol fee, so you pay only network gas. It has already handled $50 million in daily volume, and that number keeps growing.
A private relay is on by default, so bots cannot jump in front of your order. It works with MetaMask, Trust Wallet, Rabby, Phantom and more, and it never holds your coins.
The Pepeto presale is live now, with tokens at $0.0000001902. You can pay with ETH, USDT, BNB or a card. The price rises at every new stage, and a stage ends when its timer runs out or its target is hit. So the first buyers get the lowest price.
The raise has passed $11.2 million, and staking pays 160% APY today. The rate depends on how much is staked and updates daily, so early stakers get the best share.SolidProof checked both the code and the team. That removes the risk that sinks most presales, a bad contract.
Its cofounder is the builder of the first Pepe coin, and a former Binance expert sits on the dev team. Pepeto is getting close to a Binance listing, with no date set yet. Until then, every buyer still pays presale prices. Once trading opens, the early buyers will own the cheapest tokens in the room.
Can Ethereum Climb Back Above $2,500?
Ethereum trades at $2,370 on CoinMarketCap after a 3.64% drop on October 22. It traded above $2,500 earlier that day before sellers took over, The Motley Fool notes. Its first buyers paid about $0.31 back in 2014.Today a strong year from here might add 30%. That is decent, but the life changing money in ETH was made a long time ago.
Is Hyperliquid Losing Steam After a 16% Monthly Slide?
Hyperliquid sits at $75 on CoinMarketCap, down 16.44% in 30 days, per CoinCodex. The same report shows a 125% gain over the year, so early buyers did well. Support sits near $75, with resistance close to $84. A trip back to $84 would be about an 8% gain.That works for a trader, but the big part of this chart is behind it.
Conclusion
This week’s cryptocurrency news showed how fast borrowed money can burn people. It also showed where the next winners come from. Pepeto is more than a bet, because its exchange is live and its fees are zero. If it keeps handling real trades at no cost, people will use it daily, and demand follows use.
Ethereum’s first buyers turned a few thousand dollars into fortunes, and most still wish they had bought more. The same early stage is forming around Pepeto now. The people buying on the Pepeto official website today are set to hold the most when listing day comes. This is the second chance most people never get.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the biggest cryptocurrency news this week?
The biggest cryptocurrency news this week is $431 million in bets wiped out in a day. Most were bets on a rise, as Bitcoin dipped near $81,000.
Will Pepeto list on exchanges?
Pepeto is heading for a Binance listing that is close but not dated. Buyers who get in first hold presale prices when trading opens. Details are on 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.
Crypto Press Release Distribution by BTCPressWire.com
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