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PEPE meme coin jumps 14% as traders seek risk amid Bitcoin's quiet trading near $82,000

Market News
23 Oct 2026
Coinpaper
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Bullish
PEPE meme coin jumps 14% as traders seek risk amid Bitcoin's quiet trading near $82,000

PEPE, a speculative meme coin, surged up to 14% on October 23 while Bitcoin remained stable around $81,700. This rise is driven by increased speculative interest and futures trading rather than fundamental news. On-chain data shows a decline in PEPE supply on exchanges, suggesting reduced selling pressure, though whale activity is mixed. Technically, breaking resistance near $0.00000476 could push PEPE toward $0.000005, but the rally's sustainability remains uncertain as meme coins often move independently from Bitcoin in the short term.

While PEPE's surge captures attention, on Pluang as of Oct 23, 2026 21:02 WIB, PEPE trades at Rp0,0912 with a 13.06% gain and a market cap of Rp37,72T. Bitcoin remains far more valuable and stable, priced at Rp1.480.741.468 with a modest 0.51% increase and a market cap of Rp29.699,58T. PEPE's trading volume of Rp10,51T contrasts with Bitcoin's much larger Rp453,35T, highlighting the difference in scale between the meme coin and the leading cryptocurrency.

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