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PEPE token rises 4.57% in one hour amid $480K short liquidations on major exchanges

Market News
23 Oct 2026
Tokenpost
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Bullish
PEPE token rises 4.57% in one hour amid $480K short liquidations on major exchanges

The PEPE cryptocurrency token increased by 4.57% in one hour, reaching $0.00000481 on October 23. Over the same period, $480,000 worth of short positions were liquidated across Binance, Bybit, and OKX, indicating strong market activity. PEPE's market capitalization stood at approximately $1.936 billion, ranking it 53rd overall. This price movement and liquidation data highlight notable volatility and investor interest in PEPE during this timeframe.

PEPE's market cap on Pluang is Rp35.56 trillion as of Oct 23, 2026, 16:02 WIB, with a 24-hour trading volume of Rp5.84 trillion. The token's price increased by 11.37% over the past day on Pluang, notably higher than the 4.57% rise reported in the article for one hour. Pluang data also shows that 74% of orders are sell orders, with a typical hold time of 56 days, indicating active trading and relatively short-term investor interest.

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