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PEPE meme coin rallies 7% despite Bitcoin's 5% drop amid market volatility

Technical Signals
06 Nov 2026, 18:16 WIB
Coinpaper
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Neutral
PEPE meme coin rallies 7% despite Bitcoin's 5% drop amid market volatility

PEPE, a meme cryptocurrency, surged 7.02% to around $0.00000508 even as Bitcoin fell over 5% during a recent market selloff. This divergence highlights PEPE's resilience amid broader market weakness, with traders watching the $0.0000052 resistance level for a potential breakout. While Bitcoin's price struggles to hold gains above $75,000, PEPE's relative strength suggests speculative interest remains strong, though sustained demand is needed to confirm a bullish trend. The market awaits clearer signals to determine if PEPE can continue outperforming larger cryptocurrencies amid ongoing volatility.

As of Nov 06, 2026 23:32 WIB, PEPE trades at Rp0,092 on Pluang with a 1-day gain of 5.55%, showing notable strength despite broader market pressure. Bitcoin is priced at Rp1.368.360.224 with a 1-day decline of 2.15%, reflecting some selling pressure with 64% of orders to sell. PEPE's market cap stands at Rp38,08T, indicating significant speculative interest compared to Bitcoin's Rp27.419,27T market cap.

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