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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>.
President Trump: There is a "fake news" report claiming that I plan to tear down the White House press briefing room and restore the swimming pool that originally existed beneath it.
CoinWorld news, U.S. President Trump: There is a "fake news" report claiming that I plan to demolish the White House press briefing room and restore the swimming pool that originally existed beneath it. Although I may indeed move this "fake news" elsewhere—to a less conspicuous place—that old swimming pool will absolutely never be restored. I have never even thought of doing such a stupid thing!
Peter Hughes: The United States is lagging behind on crypto legislation, and business may flow to Asia, the Middle East, and Bermuda.
CoinWorld news: Apex Group founder and CEO Peter Hughes said that if the United States delays crypto legislation or fails to establish a clear regulatory framework, related business will flow to Asia, the Middle East, and Bermuda. He believes these regions are moving faster and can fill the regulatory gap left by the United States. At the same time, Hughes said Europe will not benefit because its MiCA legislation is evolving slowly and is more restrictive. The U.S. Clarity Act failed to secure the 60 votes needed to advance in the Senate in September due to disputes over ethics provisions and stablecoin rewards.
Bitcoin whale activity turns bullish, accumulating 243,000 BTC over three months.
CoinWorld data: According to U.Today, since July, Bitcoin whale activity has shown a bullish reversal, with approximately 243,000 BTC accumulated over the past three months. Despite continued volatility in the crypto market, selling pressure from large holders has weakened significantly, and whales have begun to expand their positions again. According to data provided by CryptoQuant, the one-year change indicator for whale holdings has approached positive territory, indicating that large Bitcoin holders are steadily increasing their Bitcoin holdings after a prolonged period of distribution. Although the indicator remains negative at approximately -39,000 BTC, it has recovered significantly from the previous -282,000 BTC. If it breaks above zero, it would mean that whale holdings have achieved a net increase over the past year, further driving the bullish momentum of the Bitcoin ecosystem.
President Trump: Today, I will hold a big rally in the great state of Georgia to support Mike Collins — he is a Wash
CoinWorld news, U.S. President Trump: Today, I will hold a grand rally in the great state of Georgia to support Mike Collins—one of the hardest-working and most respected congressmen in Washington; and also to support the outstanding Rick Jackson—who is expected to become Georgia's next governor. Both of them are truly amazing! I once won in Georgia with a record number of votes. See you later.
AMD off-exchange short sale volume ratio reported at 58.19%
CoinWorld US stock data: AMD's off-exchange short selling volume accounted for 58.19% of the total that day. Compared with the same-caliber snapshot 24 hours earlier, it rose by 1.2152 percentage points; compared with the same-caliber snapshot 7 days earlier, it rose by 9.1159 percentage points.
The protocol reported $68.9743 million in fees over the past 24 hours.
CoinWorld data: During the period, the protocol's fees over the past 24 hours were 68.9743 million USD, a decrease of 8.16% compared with the previous statistical period under the same methodology.
CEIC 2026 Consumer Electronics Innovation Conference releases "Top Ten Trends in Consumer Electronics"
CoinWorld News: The CEIC 2026 Consumer Electronics Innovation Conference concluded in Shenzhen on October 24, during which the "Top Ten Trends in Consumer Electronics" was officially released. The report notes that the top ten trends in the consumer electronics field include all-domain sensing devices, immersive spatial interaction, intelligent avatars with warmth, proactive on-device AI, accelerated generational upgrades in connectivity technology, spatial computing and intelligence, device-cloud intelligence collaboration, reshaping AI service rules, interconnection unlocking incremental space, and AI reconstructing the consumer electronics innovation paradigm.
US index options open interest stands at 46,678,460 contracts.
BiJie Network US stock market data: US index options open interest stands at 46,678,460 contracts, of which 25,101,870 are calls and 21,576,590 are puts.
Ethereum ETF net inflows reached $4.35 million, bringing the cumulative total to $5.933 million so far in 2026.
CoinWorld data: On October 23, the net inflow of Ethereum ETFs was $4.35 million, with a cumulative net outflow of $1.18 billion month-to-date and a cumulative net inflow of $5.933 million year-to-date in 2026. Specifically, Fidelity's ETF saw a net inflow of $3.58 million, Morgan Stanley's ETF saw a net inflow of $770,000, and several other ETFs recorded no fund inflows.