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PEPE meme coin rallies 7% despite Bitcoin's 5% drop amid market volatility

Reported by Pluang
Nov 6, 2026· 2 min read
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Key Takeaways
  • • PEPE rose 7.02% to around $0.00000508 while Bitcoin fell more than 5% during a recent market selloff, per the primary article.
  • • Pluang data as of Nov 6, 2026 23:32 WIB shows PEPE up 5.55% on the day at Rp0,092, with a market cap of Rp38,08T.
  • • Bitcoin traded at Rp1.368.360.224, down 2.15% on the day, with 64% of orders on the sell side; its market cap stood at Rp27.419,27T.
  • • Traders are watching the $0.0000052 resistance level for a possible PEPE breakout, while Bitcoin struggles to hold gains above $75,000.
  • • Related Bitcoin coverage on the same day reported futures open interest falling 1.88% to $52.04 billion as price dropped nearly 5% to about $75,783.
Summary
PEPE, a meme cryptocurrency, gained 7.02% to around $0.00000508 on November 6, 2026, even as Bitcoin fell more than 5% in a recent market selloff, according to Pluang. The divergence points to resilience in PEPE amid broader market weakness, though the article notes that sustained demand is needed to confirm a bullish trend.

Pluang's market data as of 23:32 WIB that day showed PEPE trading at Rp0,092, up 5.55% over one day, with a market capitalization of Rp38,08T. Bitcoin was priced at Rp1.368.360.224, down 2.15% over the same period, with 64% of orders on the sell side. Bitcoin's market capitalization was listed at Rp27.419,27T, so PEPE's market value, though far smaller, reflects notable speculative interest relative to its size.

Bitcoin's price has struggled to hold gains above $75,000. Related coverage from the same day reported that Bitcoin futures open interest fell 1.88% to $52.04 billion as the price dropped nearly 5% to around $75,783, with traders reducing exposure across Binance and CME. Bitcoin's open interest in crypto perpetual futures was $7.71 billion, down 0.88% over 24 hours, while Ether posted the strongest 24-hour open interest growth at 4.24%.

Traders are watching the $0.0000052 resistance level for a possible PEPE breakout. The article concludes that the market is awaiting clearer signals on whether PEPE can continue to outperform larger cryptocurrencies amid ongoing volatility.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pluang PEPE meme coin rallies 7% despite Bitcoin's 5% drop amid market volatility