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PEPE jumps nearly 12% after Justin Sun linked to $51M holdings, hitting resistance at $0.0000050

Market News
28 Oct 2026, 13:45 WIB
Blockonomi
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Bullish
PEPE jumps nearly 12% after Justin Sun linked to $51M holdings, hitting resistance at $0.0000050

PEPE cryptocurrency surged nearly 12% to about $0.0000048 on October 28 following reports that Tron founder Justin Sun holds $51.25 million worth of PEPE, or 2.82% of its supply. The token's trading volume reached $476 million, with a market cap above $2 billion. Large token movements by other whales and significant exchange outflows earlier in October contributed to volatility. PEPE faces resistance at $0.0000050, with potential targets at $0.0000055 and $0.0000060, while technical indicators show positive momentum but cautious trading ahead.

PEPE cryptocurrency trades at Rp0.0901 on Pluang as of Oct 28, 2026, 18:03 WIB, showing a 16.02% increase in one day. The market cap stands at Rp37.41 trillion with a 24-hour volume of Rp10.68 trillion. Pluang users currently hold PEPE for an average of 57 days, with 60% buying activity today.

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