PEPE · Daily move · 2026-10-29
Why did Pepe drop 9.5% on October 29, 2026?
PEPE largely moved with the market. This is PEPE's largest 24-hour fall in 29 days. No PEPE report was collected from the day before to the day after; the cause is unresolved.
A reported sale of PEPE by a Binance hacker could have added selling pressure. The move also included a sharp spike followed by a larger fall back. No market data here establishes what initiated that reversal.
May have started the movePossible
Reports at Oct 29, 07:48 UTC and 08:27 UTC said a Binance hacker was selling PEPE and other tokens. If those sales reached the market, they could have added supply and downward pressure.
What is not shown
These are news reports, not verified execution records. The move’s onset is unknown, so their timing does not establish that the sales began or caused it.
Weaker possibilities: Buyer-initiated share on OKX was lower in the measured 24 hours than in the previous 24 hours, consistent with relatively weaker buying that could have amplified selling pressure. (OKX perpetual swap: taker buy/sell volume)
What is still unknown
Did the reported sales occur at a scale and time that materially affected PEPE’s market, and what drove the reversal?
Looked at the 24 hours to Oct 30, 2026, 00:12 UTC
- Day open / close
- $0.000005 → $0.00000524 hourly candles, OKX · USDT
- Day range
- $0.000004 – $0.00000628.9% from low to high
- Versus the past month
- Its largest 24h fall in 29 days-9.47% in the 24 hours to Oct 30, 2026, 00:00 UTC, 3.0× a typical day (3.2%).
- 30-day range
- 19.9% below the high · 25.0% above the lowFrom hourly highs and lows on the same venue
- 24h volume
- 6.0×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 30, 2026, 00:00 UTC. Methods →
PEPE timeline around October 29, 2026
Largest closed hourly move: +8.98%, Oct 29, 2026, 15:00–16:00 (UTC).
9 sharp price swings were flagged; the largest was +2.89% in 5 minutes at Oct 29, 2026, 22:11 UTC.
How often has this happened before?
Since 2023-04-19, PEPE has fallen 7% or more in a UTC day 72 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 24 of 72 cases, with a median change of -4.80%. This is history, not a forecast.
Latest 10 episodes: 2026-10-12, 2026-09-23, 2026-09-10, 2026-06-02, 2026-03-17, 2026-02-26, 2026-02-15, 2026-01-31, 2026-01-08, 2025-12-01 (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.