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More →Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?
The frog-themed meme coin has defied the latest market correction, pumping double digits today (October 23) and reaching a monthly high. Some analysts believe the price could rise further in the short term, but key factors suggest the move hasn’t been healthy and might be followed by a pullback. PEPE is one of the top-performing cryptocurrencies today and currently trades near $0.000005076. Its market capitalization has surged past $2.13 billion, making it the 50th-largest cryptocurrency and, once again, the fourth-biggest meme coin. Recall that yesterday (October 22), MemeCore (M) briefly took that position after <a href="https://cryptopotato.com/memecore-m-flips-pepe-pepe-after-pumping-25-in-a-day-details/" rel="nofollow" target="_blank">posting</a> a significant price increase. <a href="https://x.com/TokenTalk3x/status/2112826521102721179" rel="nofollow" target="_blank">According</a> to Token Talk, PEPE’s bulls have “one job right now”: push the token’s market cap above $2.21 billion. “The daily structure has improved massively from the summer lows, but resistance is resistance until proven otherwise,” the analyst added. X user Sjuul | AltCryptoGems also <a href="https://x.com/AltCryptoGems/status/2113248262987870219" rel="nofollow" target="_blank">issued</a> a bullish thesis, saying he still likes the PEPE chart, which is showing signs of “relative strength.” He believes buyers must now hold that flipped support/resistance level to trigger an additional potential pump. For his part, Crypto With Gopal <a href="https://x.com/cryptowithgopal/status/2113563112704192922" rel="nofollow" target="_blank">claimed</a> that PEPE has flashed an inverted head-and-shoulders reversal, with price pushing toward the $0.0000050-$0.0000053 neckline zone. He said a confirmed breakout could trigger a powerful recovery move and argued that bullish momentum has been building. Despite the impressive uptick, PEPE remains a meme coin, making it especially vulnerable to speculation and volatility, so a short-term correction wouldn’t be a surprise. The token’s Relative Strength Index (RSI) supports that scenario. The technical analysis tool runs from 0 to 100, where anything above 70 means that PEPE has entered overbought territory and could be headed for a pullback. Conversely, readings below 30 are typically seen as buying opportunities. Recently, the ratio exploded to 94. PEPE’s exchange netflow is also worth monitoring. Inflows have dominated outflows lately, suggesting investors have shifted from self-custody to centralized platforms, increasing immediate selling pressure. The post <a href="https://cryptopotato.com/pepe-pepe-rises-11-daily-further-pump-or-correction-on-the-way/" rel="nofollow" target="_blank">Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow" target="_blank">CryptoPotato</a>.
Venezuela's oil minister: Venezuela's oil production has reached 1.2 million barrels per day.
Venezuela's oil minister: Venezuela's oil production has reached 1.2 million barrels per day.
ELME（Elme Communities）停牌，原因为信息发布
According to a CoinWorld report, NYSE data shows that ELME (Elme Communities) entered a trading halt/suspension status at 16:07:22 on October 23, 2026 (Eastern Time), with the official reason being the release of information.
The Dow Jones Industrial Average closed down 653.95 points, or 1.24%, at 52,214.03 on Friday, October 23; the S&P 500 on October 23 (
CoinWorld news: The Dow Jones Industrial Average closed down 653.95 points, or 1.24%, at 52,214.03 on Friday, October 23. The S&P 500 closed down 39.76 points, or 0.52%, at 7,623.67 on Friday, October 23. The Nasdaq Composite closed down 53.52 points, or 0.21%, at 25,955.34 on Friday, October 23.
U.S. stocks closed lower: all three major indexes fell.
On Friday, U.S. stocks closed with the three major indexes lower. The Dow Jones Industrial Average initially fell 1.24%, the S&P 500 fell 0.52%, and the Nasdaq fell 0.21%. Western Digital (WDC) fell 2.97%, Google (GOOG) fell 1.24%, SanDisk (SNK) fell 1.82%, Meta Platforms (META) fell 0.96%, and Apple (AAPL) fell 0.14%. SK Hynix (SKHY) rose 4.05%, and Micron Technology (MU) rose 2.46%. The Nasdaq Golden Dragon China Index fell 0.84%, and Baidu (BIDU) fell 1%.
CME报告：BTC持仓增1.38%，ETH增10.96%
CoinWorld data: According to the CME cryptocurrency open interest weekly report, BTC open interest this week was 21,040 contracts, up 1.38% week-over-week; ETH open interest was 28,344 contracts, up 10.96% week-over-week.
Meta CFO: The payback period for new AI investments is relatively long, but the potential is enormous.
CoinWorld news: Meta's CFO stated that the payback period for the new round of AI investments is longer than that of the core advertising business, but these investments have already generated considerable incremental advertising revenue through stronger user engagement, better recommendations, and more efficient monetization methods. He noted that with these advances, the company's MSL investments are creating the technology and infrastructure needed to unlock significant new revenue opportunities and enhance business capabilities. Although the return generation time for these investments is longer, the broad monetization opportunities and internal efficiencies give them confidence in the long-term potential.
Israeli Prime Minister Netanyahu: hopes to use crypto and blockchain to address economic and banking restrictions.
Israeli Prime Minister Benjamin Netanyahu has said he wants to use cryptocurrency and blockchain technology to address potential economic and banking restrictions.
White House: U.S. President Trump signs proclamation adjusting the scope of specific tariffs imposed on Canadian products.
CoinWorld news, White House: U.S. President Trump signed a proclamation adjusting the scope of application of specific tariffs imposed on Canadian products.
ETH/BTC比率报0.029481
According to Bijie.com data: market conditions at the same point in time show that 1 ETH is approximately equal to 0.029481 BTC.