Ethereum Price Falls 4% as Bridge Hacks Hit $329M While Pepeto Presale Grows Past $9M Before Listing

The ethereum price fell below $2,130 on Monday, dropping 4% as the Verus-Ethereum bridge lost $11.58 million to hackers and $700 million in leveraged positions got wiped. Bridge exploits have cost the industry $329 million in 2026, and ETH keeps testing lower levels while geopolitical fears push risk assets down. Pepeto https://pepetocoin.com/ is pulling capital during this selloff, building an exchange with an audited bridge that turns the weakness hurting ETH holders into protection for wallets ahead of the approaching Binance listing.

Ethereum Price Drops as Verus Bridge Hack Adds to $329M in 2026 Losses

The Verus-Ethereum bridge was drained of $11.58 million in ETH, tBTC, and USDC on Sunday after attackers found a gap in cross-chain validation logic according to CoinDesk. PeckShield confirmed the hack brings total bridge losses to $329 million across eight attacks in 2026 according to Protos. Goldman Sachs also slashed ETH holdings by 70% in its latest filing, leaving $114 million in Ethereum exposure. ETH sat near $2,095 at the time, its lowest opening since April.

How ETH and Pepeto Compare After the Bridge Attack

Pepeto

Established tokens trade inside ranges set by years of history, and ETH sitting 57% below its August 2025 high shows how tight those ranges get at scale. That is the cost of size. A $253 billion market cap needs huge new capital just to move 10%, and that money is not arriving fast enough for holders who need returns.

Pepeto https://pepetocoin.com/ operates on a completely different scale. The token is still in presale at $0.0000001871, but unlike most early entries, the exchange behind it is already live and handling trades. The risk scorer checks every contract before a holder commits capital, scanning for the same kind of validation gaps that just cost the Verus bridge $11.58 million. The zero-cost bridge moves tokens across chains without the fees or security holes that made cross-chain transfers the most attacked part of crypto this year.

With every contract audited by SolidProof, Pepeto is what most ethereum price watchers have not found yet because the project builds quietly during selloffs. That separates entries that hold value from tokens that collapse after listing. More than $9 million raised while ETH drops proves smart money is loading ahead of the approaching Binance listing, because wallets do not commit at this rate without reason. As more holders lock tokens at 172% APY staking, the committed base grows deeper.

The founder who created the original Pepe coin built Pepeto with 420 trillion tokens and a former Binance expert on the team, giving the exchange tools most presales promise but never ship. Once listing hits, the presale price disappears forever. The wallets that moved while the entry was open collect the returns, and everyone who waited joins the group watching the ethereum price for another year looking for what they missed.

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Ethereum Price Prediction

Ethereum trades near $2,130 after falling 4%, with the Verus bridge hack and Goldman exit adding pressure. Support sits near $2,026 and resistance at $2,248 according to CoinCodex. Standard Chartered projects ETH reaching $10,000 long-term, and the 50-day average targets $2,321 by mid-June according to CoinDCX. The ethereum price short-term outlook is bearish with 29 of 32 signals pointing down, but the RSI at 35 sits near oversold levels that trigger bounces. ETH from $2,130 to its $4,946 ATH is roughly 135%, a strong return measured in quarters. ETH matters for patient holders, but the presale launching during this fear offers different math.

Conclusion

Pepeto is positioned to capture the fastest gains of this window as the ethereum price drops and bridge hacks shake confidence across DeFi. A live exchange with an audited bridge and risk scorer puts this presale where no other early token sits right now. Analysts target 100x once listing hits, and moving while entry is open is how every crypto success story began. The wallets that built wealth from BTC, ETH, and Pepe all made one decision, they entered while the crowd had not arrived. That entry sits open right now, and the listing will close it forever. One path leads to watching others collect, the other to being inside that group. Visit the Pepeto official website.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com/

FAQs

What is causing the ethereum price to drop today?

The Verus-Ethereum bridge lost $11.58 million to hackers, Goldman Sachs cut ETH holdings by 70%, and US-Iran tensions pushed risk assets lower, all dropping ETH below $2,130 on Monday.

What is the ETH forecast for the rest of 2026?

CoinCodex targets $2,321 on the 50-day average and Standard Chartered projects $10,000 long-term. Short-term signals are bearish, but oversold levels near the current ethereum price could trigger a bounce.

Why is Pepeto gaining wallets while ETH drops?

More than $9 million raised during fear shows holders see the approaching Binance listing as a turning point for returns. The Pepeto official website shows entries growing daily as ETH holders search for faster gains.

Disclaimer:

This article is for informational purposes only and should not be interpreted as financial advice. Investing in cryptocurrencies involves substantial volatility and risk, including the possible loss of your initial investment. Always consult a licensed financial expert before investing.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

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This release was published on openPR.