PEPE Price Jumps 12%: Which Memecoins Kept Pace?
PEPE has gained nearly 12% in 24 hours, pushing above a key Fibonacci level and outpacing most large memecoins, which rose roughly 2.5% to 5% over the same period.
Key Takeaways
- PEPE up 11.76% in 24 hours
- Price pushes above the 0.236 Fib at $0.00000462
- MemeCore leads large memecoins with a 15% gain
- Dogecoin and Shiba Inu lag near 3%
PEPE traded at $0.000004827 early on October 28, according to CoinMarketCap’s memecoin rankings, while the Binance PEPE/USDT daily chart showed the session reaching $0.00000502.
Why the chart shows 5% and the rankings show 12%
The two numbers measure different windows. The 11.76% on CoinMarketCap is a rolling 24-hour change, so it includes Tuesday evening’s climb. The Binance daily candle only started at 00:00 UTC, and by 04:54 UTC it was up 5.00% from its $0.00000460 open. Late on Tuesday, PEPE was already up 5.71% at $0.000004529, so roughly half of the 24-hour gain came before midnight and half after.
The hourly number shows the pace cooling. PEPE was down 1.99% over the last hour when the rankings were captured, after touching $0.00000502. The move also lands on a busy day: Bitcoin climbed back above $80,000 after a stretch of quiet losses, and the Federal Reserve announces its rate decision at 18:00 UTC today.
PEPE price analysis: breakout above the 0.236 Fib
PEPE is printing a strong bullish expansion session, trading up 5.00% at $0.00000483 on the daily candle, which so far spans $0.00000456 to $0.00000502. The green candle has pushed through the 0.236 Fibonacci retracement at $0.00000462 and is pressing toward the top of the local range. The candle is still open, so the daily close will decide whether the break holds.
A bullish impulsive breakout and trendline re-engagement: PEPE’s recent consolidation above the 50-day SMA ($0.00000413) and the 0.382 Fibonacci support ($0.00000417) has resolved to the upside. By reclaiming the 0.236 Fibonacci level ($0.00000462) and re-engaging the ascending trendline, PEPE sets aside the prior correction threat for now. The sharp uptick in momentum suggests buyers have re-established control of the trend, setting up a possible push toward the cycle high.
Three readings support that view:
50-day SMA and 0.382 Fib held
The prior pullback respected the 50-day SMA at $0.00000413 and the 0.382 Fib at $0.00000417, showing that dips continue to be bought by higher-timeframe participants.
RSI momentum accelerating
The 14-day RSI has climbed to 62.45, above its 54.52 signal line. Holding above the 50 midline in the low 60s points to expanding bullish momentum, with room before overbought territory above 70.
Ascending trendline back in play
Price is re-crossing the dashed ascending trendline that guided the late-summer advance, a sign the broader impulsive structure is resuming.
PEPE key levels
The Fibonacci grid is drawn from the swing low at $0.00000223 (the 1.0 level) to the cycle high near $0.00000537 (the 0 level).
| Level | Price | What sits there |
|---|---|---|
| Cycle high | $0.00000537 | 0 Fib, the major swing-high ceiling |
| Immediate upside | $0.00000502 | Intraday high and psychological supply barrier |
| Reclaimed level | $0.00000462 | 0.236 Fib, former ceiling now acting as immediate support |
| Primary pivot | $0.00000413 – $0.00000417 | 0.382 Fib and the 50-day SMA, the trend engine |
| Midpoint support | $0.00000364 – $0.00000380 | 0.5 Fib and the 100-day SMA, the structural floor |
| Golden pocket | $0.00000343 – $0.00000346 | 0.618 Fib and the 200-day SMA, the macro baseline |
| Cycle origin | $0.00000223 | 1.0 Fib, where the impulse began |
PEPE’s Next Move: Two Potential Scenarios
PEPE sits just above the 0.236 Fib at $0.00000462, with the intraday high at $0.00000502 overhead.
Bullish continuation: A daily close firmly above $0.00000462 and the $0.00000480 mark could open a path to retest the cycle high at $0.00000537, with $0.00000502 the first barrier on the way.
False breakout or pullback: A sharp rejection wick that fails to hold above $0.00000470, followed by a close back below $0.00000462, would return PEPE to its consolidation range and put the 50-day SMA at $0.00000413 back in play as re-accumulation support.
Bigger picture: Below the 50-day, the 0.5 Fib and 100-day SMA at $0.00000364–$0.00000380 and the golden pocket with the 200-day SMA at $0.00000343–$0.00000346 are the deeper supports that would keep the trend from summer intact.
How other memecoins are doing
PEPE wasn’t alone, but it was one of only two large memecoins to post a double-digit day. Here is how the biggest memecoins on CoinMarketCap stood at the same time:
| Coin | Price | 1h | 24h |
|---|---|---|---|
| Dogecoin (DOGE) | $0.07959 | −0.23% | +2.99% |
| Shiba Inu (SHIB) | $0.000004964 | +0.15% | +2.83% |
| MemeCore (M) | $1.11 | +3.73% | +14.95% |
| Pepe (PEPE) | $0.000004827 | −1.99% | +11.76% |
| 币安人生 | $0.5189 | +0.10% | +2.67% |
| Pudgy Penguins (PENGU) | $0.007790 | −0.27% | +5.12% |
| Official Trump (TRUMP) | $1.71 | −0.27% | +2.51% |
| SPX6900 (SPX) | $0.3894 | −0.82% | +3.07% |
| Bonk (BONK) | $0.000003088 | −0.25% | +3.15% |
| Floki (FLOKI) | $0.00002365 | −0.36% | +4.38% |
The sector moved at two speeds. MemeCore and PEPE posted double-digit gains, while the two largest memecoins by value, Dogecoin and Shiba Inu, rose less than 3%. Pudgy Penguins (5.12%) and Floki (4.38%) sat in the middle, and Official Trump, at 2.51%, was the weakest of the ten.
MemeCore led for a second straight day. It was already the top gainer late on Tuesday with a 12.23% rise to $1.06, and it added another leg to $1.11, still up 3.73% on the hour. Analysts have pointed to thin liquidity as the reason such tokens dominate gainers lists, since relatively little money can move the price, which cuts both ways on the way back down.
The Chinese-named 币安人生, a BNB Chain memecoin whose name roughly translates as “Binance Life,” rose 2.67%, in line with the large-cap pack rather than the leaders.
The hourly column is the one to watch. Seven of the ten were in the red over the last hour, including PEPE, and only Shiba Inu, MemeCore and 币安人生 were still rising. Every coin on the list is up on the day, but the buying had slowed by the early European morning.
What could decide the next move
For PEPE, the daily close against the 0.236 Fib at $0.00000462 is the test: a close above keeps the breakout reading intact, while a slip back below it returns the token to its recent range. For the wider memecoin group, today’s Fed decision at 18:00 UTC is the larger risk. Memecoins tend to amplify Bitcoin’s direction, so a sharp reaction there may likely be magnified across this table.
This article is provided for informational purposes only and does not constitute financial or investment advice. Memecoins are highly volatile, and technical levels do not guarantee future price movement.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
