PEPE Coin, a popular meme cryptocurrency, rose 6% in 24 hours, defying the broader crypto market trend despite low spot trading volume of about $350 million. The surge is driven mainly by derivatives markets, where futures contracts reached nearly $900 million in volume, indicating high speculative interest. However, the heavy futures activity has led to significant liquidation risks, especially on bullish positions, which could cause rapid price reversals. For PEPE to sustain its rally and approach previous highs, it needs a substantial increase in daily trading volume, signaling ongoing uncertainty between bullish and bearish market forces.
While the article highlights a 6% rise in PEPE Coin, on Pluang as of Oct 23, 2026 03:04 WIB, PEPE trades lower by 5.66% at Rp0,079 with a 24-hour volume of Rp5 trillion. This volume contrasts sharply with the nearly $900 million futures activity noted in the article, showing a divergence between spot and derivatives markets. PEPE’s market cap on Pluang stands at Rp32.83 trillion, with a high sell order activity of 74%, indicating cautious sentiment among traders despite the recent price movements.
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
A whale investor recently purchased about $7.22 million worth of smaller altcoins including LIT, ENA, ONDO, AERO, ETH, QNT, UNI, TAO, and PEPE, focusing on DeFi and real-world asset projects. This buying occurred mainly during price dips, suggesting ...
Zcash (ZEC) has surged into the top 10 cryptocurrencies by market capitalization, reaching about $21.4 billion, driven by a 2,076% gain since early 2025 and a recent price jump after Grayscale launched a spot ZEC ETF. Alongside Zcash, privacy coin Mo...
On October 20, Worldcoin (WLD) surged 13.87%, leading gains among major cryptocurrencies as 69 out of 90 non-stablecoin assets increased in value. Pepe (PEPE) followed with a 12.20% rise, while other notable gainers included Pyth Network, Aerodrome F...
The PEPE token surged 9.98% over four hours to $0.00000463 on October 20, extending its 24-hour gain to 12.65%. This price movement was recorded on Binance’s spot PEPE/USDT market. During the same period, $140,000 worth of PEPE short positions were l...
