Binance Coin Price Drops to $728 as Pepeto Presale Surpasses $11.2M
Binance Coin (BNB) has fallen to $728, even as Grayscale highlighted BNB Chain as a project not to overlook. Meanwhile, the meme coin Pepeto has raised over $11.2 million in its presale.
The price of Binance Coin (BNB) declined by 3.07% in a single day, reaching $728 according to CoinMarketCap data. The cryptocurrency is currently trading approximately 47% below its all-time high of $1,370.55, recorded in October 2025.
Amidst this price movement, Zach Pandl, head of research at Grayscale, included BNB Chain in a list of "classic" cryptocurrencies that investors should not ignore. This suggests a call for patience among BNB holders rather than an immediate price surge.
In parallel, Pepeto, a new meme coin currently in its presale phase, has successfully raised over $11.2 million. Pepeto is developing an exchange platform that charges a 0.00% trading fee, aiming to build upon the initial value proposition of lower transaction costs that BNB once offered.
BNB was initially launched in 2017 at $0.15. Pepeto's presale is nearing its conclusion, with a Binance listing anticipated soon. The project has already activated its trading platform and attracted substantial funding.