PEPE · Daily move · 2026-10-27
Why did Pepe go up 6.5% on October 27, 2026?
PEPE's move differs substantially from its BTC-based estimate; the cause is unresolved. PEPE rose further than this on 2 of the past 29 days. No PEPE report was collected from the day before to the day after; the cause is unresolved.
Reports about Justin Sun-linked PEPE holdings and a broader rotation into altcoins may help explain the rise, but the evidence does not establish what started it.
May have started the movePossible
Reports at Oct 27, 06:13 UTC and Oct 27, 07:37 UTC said Justin Sun-linked wallets held about $51 million in PEPE; a later report at Oct 27, 12:05 UTC highlighted the holdings. Such news could have attracted interest, but the reported transfers began earlier and do not prove new buying during the move.
What is not shown
No verified link shows the reports caused purchases; the rise’s onset is unknown.
Weaker possibilities: In the measured window ending Oct 28, 01:00 UTC, perpetual-swap buyer-initiated volume share was slightly higher than in the prior 24 hours, open interest rose in coin units, and funding was positive. (OKX perpetual swap: settled funding, OKX perpetual swap: open interest, OKX perpetual swap: taker buy/sell volume)
What is still unknown
Did the reports or market rotation prompt buying during the rise, and did derivatives activity amplify it?
Looked at the 24 hours to Oct 28, 2026, 01:48 UTC
- Day open / close
- $0.000004 → $0.00000524 hourly candles, OKX · USDT
- Day range
- $0.000004 – $0.0000058.5% from low to high
- Versus Bitcoin
- +6.46% / BTC +0.95%24 hours to Oct 28, 2026, 00:00 UTC; the headline uses the live price. About +4.5 points of the move is its own after allowing for Bitcoin
- Versus the past month
- 2 of the past 29 days rose further+6.46% in the 24 hours to Oct 28, 2026, 00:00 UTC, 2.1× a typical day (3.1%).
- 30-day range
- 10.1% below the high · 26.2% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 10 of 30 others also rose 2.2% or more2 fell that much
- 24h volume
- 1.0×of its prior 30-day daily average
- Perpetual swap
- funding positive · open interest flatOKX perpetual swap PEPE-USDT-SWAP
Computed from OKX · USDT hourly candles for the 24 hours to Oct 28, 2026, 00:00 UTC. Methods →
PEPE timeline around October 27, 2026
Largest closed hourly move: +3.51%, Oct 27, 2026, 16:00–17:00 (UTC).
2 sharp price swings were flagged; the largest was +1.63% in 5 minutes at Oct 27, 2026, 21:35 UTC.
How often has this happened before?
Since 2023-04-19, PEPE has risen 5% or more in a UTC day 100 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 40 of 100 cases, with a median change of -3.50%. This is history, not a forecast.
Latest 10 episodes: 2026-10-20, 2026-10-13, 2026-09-17, 2026-09-03, 2026-08-19, 2026-07-26, 2026-07-10, 2026-07-02, 2026-06-07, 2026-04-16 (UTC)
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.