Ethereum Price Hits $2,290 as Inflows Surge, Pepeto Touted as Next Pepe Coin

Ethereum Price Hits $2,290 as Inflows Surge, Pepeto Touted as Next Pepe Coin

N
News Editor 01
2026-07-23 03:40:14
Ethereum posts strongest weekly inflows since January with $196.5M; ETH/BTC ratio rebounds. Pepeto presale at $0.0000001863 draws whales, touted as next Pepe Coin with tools and audit.
EthereumETHPepetoPepe Coincryptocurrency

Ethereum price climbed to $2,290 this week as weekly inflows hit $196.5 million, the strongest since January per CoinShares. BlackRock's ETHA pulled $90.94 million in a single session, the biggest day for any Ethereum ETF since January 15. The ETH/BTC ratio ticked up off multi-year lows near 0.028, signaling capital rotation away from Bitcoin.

ETH weekly inflows strongest since January

Standard Chartered holds a $7,500 price target. The Ethereum Foundation locked 70,000 ETH into staking to reduce sell pressure. The Glamsterdam upgrade is set for H1 2026. Despite positive signals, even a rally to $5,000 from $2,290 would deliver just 2.3x gains, and $7,500 yields 3.4x — decent for a trillion-dollar network but modest compared to early-stage presales.

Pepeto: same founder with product toolkit

Pepe Coin launched near $0.0000001 and hit an $11 billion market cap with zero products. Now, Pepeto trades at $0.0000001863 in presale, built by the same cofounder but adding fee-free swaps on Ethereum, BNB Chain, and Solana, an AI scam contract scanner, and a zero-cost cross-chain bridge. SolidProof audited the code. A former Binance listing executive oversees tech.

Over $9 million has been raised despite extreme fear. Staking offers 184% APY. CoinMarketCap preview page went live, signaling an imminent listing. ETH whales continue buying Pepeto, betting on post-listing multiples.

Analyst: Pepeto being next Pepe Coin is arithmetic

“Pepe Coin minted millionaires with zero products. Pepeto brings the same builder, the same ground-floor pricing, and a live trading platform. Calling this the next Pepe Coin is arithmetic, not marketing,” a crypto analyst told Benzinga.

Ethereum remains 55% below its all-time high of $4,955. Analyst targets range from $3,000 to $7,500. Historically, presale projects with confirmed Binance listings have delivered 10x to 100x. The same pattern is unfolding: big money enters ETH, then early-stage projects with working tools capture the next wave before the crowd arrives.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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