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PEPE memecoin rallies 20.6% weekly but faces resistance, hinting at possible Q4 altcoin FOMO shift.

Market News
24 Oct 2026
AMBCrypto
View Source
Bullish
PEPE memecoin rallies 20.6% weekly but faces resistance, hinting at possible Q4 altcoin FOMO shift.

PEPE memecoin surged over 20% in a week, reclaiming a $2.08 billion market cap and rising trading volumes, signaling growing speculative interest. However, it faces strong resistance near $0.000005, with increased token inflows to exchanges suggesting some investors may be taking profits. The memecoin's 13% weekly gain against Ethereum highlights potential capital rotation toward riskier altcoins, possibly triggering a Q4 altcoin rally if momentum continues. The situation remains volatile, with a pullback possible if selling pressure persists.

PEPE's market cap on Pluang stands at Rp33.67 trillion as of Oct 25, 2026, 10:21 WIB, with a 24-hour trading volume of Rp6.95 trillion. Despite the news of a weekly surge, PEPE's price on Pluang shows a 1-day decline of 2.31%, and the platform records a higher sell order activity at 68%, indicating some profit-taking among investors. The typical hold time of 56 days suggests moderate-term interest in the memecoin amid ongoing volatility.

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