AlphaPepe Surges Ahead as BitMine Slows Ethereum Buying Pace

BitMine, a large corporate Ethereum treasury, has slowed its buying pace in recent weeks. The company now holds over 5.8 million ETH, representing close to 4.8% of circulating supply, but its latest purchase was only 7,391 ETH.

This is a significant reduction from earlier periods when BitMine acquired more than 100,000 ETH. The company is nearing its 5% supply target and has been redirecting some capital toward share buybacks.

Meanwhile, AlphaPepe is moving quickly on its presale clock, with Stage 20 live at $0.02654 after Stage 19 sold out fast. It has raised $2.32 million and crossed 11,000 holders before ALPE reaches public markets.

AlphaPepe's AI-powered DEX demo, AlphaSwap, gives the project product proof before listing. The company also has three CEX partnerships secured, and rumors of approaching Tier-1 listings are building.