Pepeto’s presale is facing intense scrutiny after its original website, pepetocoin.com, went offline on 28 April and the project shifted users to a new domain, Pepetoswap.com. Since the move, several early buyers have said that after connecting their wallets, their purchased token balances show as zero. Others report that tokens previously placed in staking are no longer visible on the new interface.
User complaints center on balances, staking records, and account access
The complaints described in the source fall into several categories. Some users say their prior purchase records do not appear on the replacement site. Investors who used the project’s 176% staking rewards feature say the new staking page does not display their holdings. A number of users also claim the system blocks them when they try to link accounts. At the same time, community talk about a possible late-April BNB listing has not led to an actual launch, adding to doubts around the project’s timeline.
The situation is being compared in the source material to the 2023 Memereum case, which also involved a long presale and technical outages before investors reportedly lost $2 million. The article points to similarities in the pattern, including price countdown messaging and claims that the platform had been hacked.
Team says the domain move was temporary and advises users to verify on-chain
Pepeto’s team says the switch to Pepetoswap.com was a temporary response after the original site was targeted by an external attack. According to the developers, the project is still working to restore the old site, while the current issues stem from friction created during the sudden migration. The team has asked users to clear browser cache, reconnect wallets, and check their transactions on Etherscan. If the blockchain record confirms the transaction, the team says the tokens remain secure.
The project also asked the community for patience while its technical staff sync databases between the old and new websites. Under that explanation, the display problem on the new front end does not necessarily mean the assets are gone.
Presale remains active as fundraising nears the stated target
Despite the scam allegations, the project has not been described as halted. The source says the $PEPETO smart contract was audited by SolidProof before the presale, covering the token structure and staking mechanism. The sale is still active with the token priced at $0.0000001867. The project has raised more than $9.74 million and is nearing a stated goal of $9.9 million. The team is also continuing to operate the new domain and maintain social media activity, while the contract code is said to be publicly verifiable.
For now, the central issue is not a single price move but whether users can recover visible balances, staking records, and access after the domain transition. The next key point is whether the team can restore account data and complete the token listing it has been discussing.