Bitmine Amasses 5.18M ETH with $4,900 Ethereum Target as Pepeto Presale Raises $9.92M
BMNR•Bitmine’s Tom Lee predicts Ethereum will hit $4,900 by 2026 as Bitmine amasses 5.18 million ETH, supporting a bullish outlook. Pepeto’s Ethereum-based presale raised $9.92 million from a former Binance developer to fund a zero-fee decentralized exchange and cross-chain bridge.
1. Bitmine’s Ethereum Price Prediction and Accumulation
Bitmine’s founder has set a 2026 target of $4,900 for Ethereum and backed this forecast by accumulating 5.18 million ETH. This large-scale purchase underscores Bitmine’s confidence in future network growth and market demand for ETH.
2. Pepeto Presale Funding and Platform Features
Pepeto, built on Ethereum, secured $9.92 million in its presale with backing from a former Binance developer. The funds will support the launch of a zero-fee decentralized exchange and cross-chain bridging capabilities to enhance token trading efficiency.
