PEPENODE presale starts with a 596% return as the market drops.
Summary
- Cryptocurrency market cap fell 3.5% in 24 hours; bitcoin fell 13% last week amid weak sentiment.
- Pepenode’s presale offers virtual mining rigs, not physical hardware, with potential rewards in meme tokens and a 596% staking return.
- Investors can purchase mining nodes with PEPENODE tokens; token supply caps at 210 billion, with prices increasing every three days until launch.
According to market data reported on Monday, the cryptocurrency market capitalization has fallen by 3.5% in the past 24 hours.
Bitcoin (BTC) fell 13% last week and is down 0.5% year-over-year, according to trading data. Market analysts have attributed the recent declines to reduced investor sentiment regarding developments in the artificial intelligence sector.
According to industry observers, several newer cryptocurrency tokens have captured investor attention despite bearish market conditions.
PEPENODE, a mine-to-earn token, is currently holding a pre-sale that started in September, according to the project’s website. The token raised undisclosed funds during the presale period.
According to the project documentation, the platform provides users with virtual mining rigs instead of requiring physical mining hardware or participation in staking pools. Users can purchase mining nodes using PEPENODE tokens, with additional nodes generating higher rewards.
The platform distributes mining rewards in the form of meme-based cryptocurrencies, including Pepe and Fartcoin (FART), according to the project’s whitepaper.
Pepenode Presale: 596% Staking, Virtual Mining Rewards
PEPENODE’s staking protocol currently offers an annual return of 596%, according to the platform’s website. The token features Pepe-themed images, which have become popular in cryptocurrency communities.
The token has a maximum supply of 210 billion, divided between treasury, development, marketing, rewards and liquidity categories, depending on the project material.
How Pepenode’s virtual mining works
The presale is available through the project’s official website, where users can connect compatible wallets and purchase tokens with fiat currency. The token price increases every three days until the presale ends, depending on the sales structure.
The project expects to launch the token in the coming weeks, according to the presale timeline.
