The Pepe (PEPE) cryptocurrency fell 5.46% within one hour, declining from $0.00000403 to $0.00000381 as of 11:28 a.m. ET on October 8. This drop erased its entire 24-hour gains, reflecting a bearish move concentrated in long leveraged positions, with $2.57 million in long liquidations reported across Binance, Bybit, and OKX. No short liquidations occurred, indicating sellers dominated the market. Pepe's market capitalization stood at approximately $1.68 billion, ranking it 60th by market value among cryptocurrencies.
The Pepe cryptocurrency experienced a sharp 5.46% drop within one hour to $0.00000381, coinciding with $2.57 million in long liquidations. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 08, 2026 22:21 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notable movers include DOT (Polkadot) down 6.01% at Rp18.436 with 65% sell order activity, XTZ (Tezos) down 5.99% at Rp5.134 with 96% buy order activity, and SOL (Solana) down 5.98% at Rp1.952.177 with balanced buy/sell activity.
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