Strategy Buys $1.28B Bitcoin; Meme Coin Pepeto Eyes Binance Listing

Strategy Buys $1.28B Bitcoin; Meme Coin Pepeto Eyes Binance Listing

N
News Editor 01
2026-07-23 02:00:14
Strategy purchased 17,994 BTC at $70,946 each, boosting its total holdings to 738,731. Meme coin Pepeto, with a live exchange and PEPE co-founder onboard, has raised over $8 million and is set to list on Binance, aiming to replicate PEPE's 100x gains.
BitcoinStrategyPepetoBinanceMemecoin

Strategy (formerly MicroStrategy) has made its largest single Bitcoin acquisition since January, buying 17,994 BTC for approximately $1.28 billion at an average price of $70,946 per coin, according to CoinDesk. The company's total holdings now stand at 738,731 BTC. Bloomberg reported that institutional whales are paying a premium to secure supply, signaling strong bullish sentiment.

Bitcoin at $74K: Limited Upside for New Entrants?

While Bitcoin's price has climbed to around $74,000, some investors see limited upside—even a rally to $140,000 would only deliver a 2x return from current levels. In contrast, meme coins have historically offered exponential gains. PEPE, which turned $500 into $100,000 with no product backing, now has a market cap of $1.68 billion (CoinMarketCap), making another 100x run unlikely.

Pepeto: A Meme Coin With a Live Exchange, Binance Listing Imminent

Amidst this backdrop, a new meme coin called Pepeto has gained traction. The project claims to have launched a live exchange, PepetoSwap, supporting cross-chain zero-fee trading and featuring an AI contract screening engine. Over $8 million has been raised, with all contracts audited by SolidProof. Notably, PEPE's co-founder is part of the development team, alongside a former Binance executive. The team has confirmed an upcoming Binance listing, positioning it as the biggest meme coin event of 2026 according to the project.

Pepeto also offers staking rewards at 199% APY compounded daily. The project claims a $1,000 investment could turn into $50,000–$100,000 after the Binance listing. However, such high-risk assets carry significant volatility.

Competitors: SpyDoge and PEPE

Another meme coin, SpyDoge, is attempting to gain traction through spy-themed memes but has raised only $118,000. Without a real product, its sustainability is questionable. PEPE, while historically successful, is now a large-cap asset with slower growth potential. Pepeto aims to differentiate itself by offering a live product and a top-tier exchange listing.

The crypto Fear & Greed Index currently sits at 15 (extreme fear), yet Pepeto has raised over $8 million, suggesting institutional or whale accumulation. With the Binance listing just days away, the entry window is narrowing.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
200

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.