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PEPE price jumps nearly 12% as Justin Sun-linked wallets hold $51M in tokens, boosting trader interest.

Market News
28 Oct 2026, 09:13 WIB
Crypto news
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Bullish
PEPE price jumps nearly 12% as Justin Sun-linked wallets hold $51M in tokens, boosting trader interest.

PEPE's price rose nearly 12% to about $0.0000048 following reports that wallets linked to Tron founder Justin Sun hold $51.25 million worth of PEPE tokens, representing 2.82% of the supply. This large concentration has drawn trader attention, alongside increased futures trading and significant token withdrawals from exchanges, signaling potential accumulation. PEPE faces resistance near $0.0000050, with possible upside targets at $0.0000055 and $0.0000060. Despite a 15% gain this month, PEPE remains well below its December 2024 peak of $0.000028.

PEPE is trading at Rp0.0871 on Pluang, showing a strong 10.71% increase as of Oct 28, 2026 13:21 WIB. The market cap stands at Rp35.86 trillion, with a 24-hour trading volume of Rp8.67 trillion. Buyers currently dominate with 60% of the order activity, while the typical holding period is 57 days.

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