Anyone reading dogecoin news this week wants one sign: proof that big money still cares. DOGE fell 6.4% in a day to about $0.078, per CoinGecko, and it sits about 89% under its 2021 peak. Yet on October 21, Grayscale opened its DOGE fund to buyers who pay in coins, Benzinga reported. DOGE has looked finished before.
Early buyers took those gains. Today, that kind of early start sits in presales, before a coin lists. Pepeto is one: a meme coin presale with its own zero fee exchange, and it has raised more than $11.2 million.
Dogecoin News: Grayscale Lets Big Holders Swap DOGE for Fund Shares
Grayscale opened 10 of its crypto funds to coin payments on October 21, and its Dogecoin fund, GDOG, is one of them, per Benzinga. So a large holder can hand over DOGE and get fund shares back, with no cash step in between.
Crypto Briefing put the same 10 funds and the same start date on record. These swaps run through approved trading firms, so big money has a licensed middleman. A small buyer picking a new coin still walks in alone.
A Middleman for Fund Buyers, a 42 Check Scanner for the Rest: Pepeto, Then DOGE’s Levels
Pepeto: A Live Scanner That Tests the Sell Before You Buy
Fund buyers get that middleman. A small buyer clicking on a fresh token gets nobody, and that is where traps catch people. Pepeto closes that gap. The presale has raised more than $11.2 million, and its security scanner is already live, not a line on a plan.
The worst trap in crypto is the honeypot. You buy a token, the price climbs, then the contract blocks your sell. Pepeto’s scanner runs 42 checks on the contract and reads the chain live. Then it tests a buy and a sell on a copy of the chain.
You see a score from 0 to 100, and trades on contracts with critical flaws are blocked by default. That scan runs before every trade on PepetoSwap, the project’s live exchange with a 0.00% swap fee. The cofounder built the original Pepe coin, and a former Binance expert sits on the dev team. SolidProof also audited Pepeto’s own code, so the project passed the kind of test its scanner gives others.
A working tool is one reason to look. The price is the other, still $0.0000001902 at this stage, and it rises at every new stage. Analysts project 100x after the Binance listing, which is approaching. At today’s price, $500 buys about 2.63 billion tokens, and a 100x would make them worth about $50,000, though nothing is promised.
Hold DOGE up against that. At about $12 billion in value, DOGE would need to reach $1.2 trillion to do the same 100x. A small coin before its listing needs far less to get there. Pepeto is still before its listing, so its room to grow is far bigger than what DOGE has left.
Can DOGE Reach $0.10 Before the Year Ends?
DOGE can reach $0.10 by year end, but it needs a 22.1% climb to get there, 24/7 Wall St noted on October 21. Today, DOGE sits just under $0.0785, the recent low, so $0.0777 is the floor to watch.
This week, buyers need to win back $0.0854 to $0.0859, where the 50 day and 100 day averages sit, per CoinCentral. Above that, $0.0912 to $0.0919 marks the 200 day average. RSI near 39 and MACD under zero are turning up, but neither has flipped yet.
This month, a break above $0.1033 opens the $0.108 top of a wide price pattern, analyst Trader Tardigrade says. A slip under $0.0777 points to $0.0695. For readers of dogecoin news, that adds up to a big coin moving in small steps.
Conclusion
This dogecoin news shows big money has an easier road into DOGE. But at about $12 billion, DOGE needs huge sums to make anyone rich now. Early DOGE wallets bought under a cent before the crowd had a reason to look, and $1,000 became about $146,000 by May 2021.
Pepeto sits at a similar early point, with a live scanner and a zero fee exchange behind it. At the 100x analysts project, a $500 entry turns into about $50,000, though nothing is promised. The round on the Pepeto official website moves up at the next stage. You came looking for dogecoin news and found the stage DOGE buyers once had.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the latest Dogecoin news?
The latest dogecoin news is Grayscale opening its DOGE fund, GDOG, to coin payments on October 21. Big holders can now swap DOGE for fund shares.
Why does Pepeto come up alongside Dogecoin?
Pepeto offers the early stage DOGE buyers had in 2021, before any listing. Its price rises each stage, so the round on the Pepeto official website is lowest today.
For information purposes only. Crypto carries risk. Not financial advice!
