Pepe (PEPE) token jumps 5.38% amid $670K short liquidations on major exchanges

Pepe (PEPE) cryptocurrency surged 5.38% within an hour to $0.0000047 on October 2, driven by $670,000 in short position liquidations across Binance, Bybit, and OKX. The token's 24-hour gain reached 7.31%, with a market capitalization of approximately $1.89 billion, ranking it 56th by market value. This price movement highlights active trading and volatility in the digital asset market for PEPE. Investors should watch for further market reactions and potential price shifts following these liquidations.

Following the surge in Pepe's price and short liquidations reported in the news, on Pluang PEPE trades at Rp0.0832 with a 6.31% gain over the past day as of Oct 02, 2026 12:02 WIB. The token holds a market capitalization of Rp33.76 trillion and sees a balanced order activity split of 50% sell and 50% buy, with investors typically holding for about 55 days. This data highlights active engagement and volatility consistent with the recent price movements.