Press release
Crypto News on July 29 Brings a KOSPI Crash and $100 Million in Liquidations While One Network Stacks $10.5 Million
The global crypto market dropped 1.6% on July 28 to a total capitalization of $2.26 trillion as BITCOIN fell to $64,233 and ETHEREUM slid to $1,912 while the Fear and Greed Index held at 29, according to CoinGabbar.South Korea's KOSPI crashed 8% the same morning after an AI chip selloff sent Samsung down 13.4% and SK Hynix down 9.7%, and the pressure carried straight into digital assets because crypto has tracked the tech sector closely all year. The crypto news that matters now is not which listed token dipped the most but which entry earns regardless of whether the headline is positive or negative.
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KOSPI Crashes 8% on AI Chip Selloff as Crypto Market Drops With Asian Equities
Samsung and SK Hynix together make up more than half of the KOSPI's market capitalization, and their combined drop triggered the 22nd circuit breaker of 2026, according to BeInCrypto. South Korean retail traders hold large positions in both tech stocks and crypto, and forced margin liquidations in domestic equity products routinely spill into crypto accounts as traders sell liquid holdings to cover losses elsewhere.
The crypto news from this week includes $100 million in positions wiped out in a single hour on the same day the Federal Reserve opened its July 28 meeting. The funds rate remains at 3.50% to 3.75% after four straight holds. The pressure from equities and the Fed combined to push BITCOIN below $64,000 for the third time since July 24.
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Network Infrastructure and Two Tokens Making Crypto News in the July 28 Selloff
Pepeto Deploys a Network Where Fees Flow From Every Trade Whether the News Is Good or Bad
The PepetoSwap network collects fees the moment two wallets complete a swap, and those fees land whether the trade happens during a rally or during a crash. The kind of drop that just cleared $100 million in positions does not stop the network from earning. Crypto news in 2025 covered meme tokens with real tools losing more than 60% of their price when speculation dried up.
That pattern repeats every cycle for projects that cannot earn outside of attention windows and shows why tools without revenue do not hold value. Pepeto https://pepetocoin.com at $0.0000001885 with $10.5 million stacked from a former Binance expert deploys a network where PepetoSwap pairs earn from volume and the cross-chain bridge pulls assets from other blockchains into the same fee pool.
The expected Binance listing lines up with a network that works identically whether the Fear and Greed Index reads 29 or 80, because the bridge and exchange run on transaction count rather than trending talk. The Pepeto official website presents the network tools, the staking counter at 167% APY, and the SolidProof audit report so any wallet following the crypto news can verify the infrastructure before the listing opens.
The 420 trillion token supply is the same number that powered the original Pepe coin to $11 billion without a single tool or product. This time a working exchange network with real ongoing fee revenue stands behind that supply before the expected listing even starts.
The Pepeto https://pepetocoin.com official website shows the live presale counter and the full bridge readiness status in real time so every entry decision is backed by visible data. The crypto news cycle sends prices up and down every week, but a network that earns from every trade regardless of the headline is the structure that survives after the news moves on.
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POLKADOT Leads the July 29 Gainers as Crypto News Turns Risk Off Across the Board
POLKADOT emerged as the top gainer in the July 29 crypto news cycle while most of the market fell. The XRP Ledger joined it as one of the few networks finishing the day in the green. The outperformance reflects capital rotating into chains with strong staking yields and active developer communities during periods of broad fear.
Crypto news often highlights DOT during selloffs because its cross-chain relay structure attracts builders looking for cheaper alternatives to congested networks.
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SHIB Burns 109 Million Tokens as Robinhood Executes the Largest Weekly Burn in 2026
SHIB made crypto news on July 12 when Robinhood executed a burn that destroyed 109 million tokens and pushed weekly burn volume up by over 680% compared to the prior week.
The burn reduced circulating supply, but SHIB still trades more than 85% below its record high. Token burns alone do not create the kind of fee revenue that sustains a project through multiple market cycles.
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Conclusion
The crypto news on July 29 brought a KOSPI crash, $100 million in liquidations, and a Fear and Greed reading of 29. The day reminded every wallet what happens when external shocks hit tokens backed only by attention.
Meme energy plus real utility at the same time happens once per cycle, and a former Binance expert plus exchange tools plus an expected Binance listing is the rarest combination crypto produces. The wallets inside this presale already know what the listing delivers because the network earns fees whether the crypto news is positive or negative. That combination is still open and joining now means standing with the wallets that recognized what the news cycle will eventually tell everyone else.
Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com
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FAQs
What crypto news moved the market on July 29?
The KOSPI crashed 8% on an AI chip selloff, $100 million in crypto positions were liquidated, and the Fed opened its meeting with rates unchanged.
Why did POLKADOT gain while others fell?
Capital rotated into chains with staking yields and developer activity during the selloff, and DOT's relay structure attracted that flow.
What is Pepeto?
A presale network from a former Binance expert with PepetoSwap, a cross-chain bridge, 167% APY staking, and a SolidProof audit ahead of an expected Binance listing.
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Disclaimer:
This article is designed to inform readers and should not be interpreted as investment guidance. Digital assets are speculative by nature, and every investment decision should be supported by independent research.
Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto
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