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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>.
The put/call ratio for index options reported 1.1.
CoinWorld US stock data: The index options Put/Call ratio is 1.1, with put option trading volume higher than call option volume on the day. Compared with the same-methodology snapshot 24 hours earlier, it rose by 0.08; compared with the same-methodology snapshot 7 days earlier, it rose by 0.05.
Arthur Hayes: I have closed all directional trading positions and am staying out of the market for now.
According to CoinWorld news, Arthur Hayes posted that he has closed all of Maelstrom's directional trading positions, taking profits on ETH, ENA, UNI, and other altcoins. He believes the market may need to fall first before rising, and given the risks in the current macroeconomic and geopolitical situation, he will temporarily step aside and wait for a clear signal that the risks have been resolved.
Hands-on test of Kimi K3.1Pro: autonomously calling Godot and Blender, creating a playable 3D game in 23 rounds of testing
According to CoinWorld news, Kimi K3.1Pro was released today. Community testing shows that the model can autonomously invoke the Godot game engine and Blender 3D modeling software to build interactive 3D games and models. In game development tests, the model completed Godot deployment, project construction, and functional debugging, and conducted 23 rounds of testing, ultimately delivering a playable 3D game and its source project. In 3D modeling tests, the model used Blender to generate an interactive model containing all components of a mechanical keyboard, supporting part disassembly and 360° rotation display. In a 3D driving test simulation, the model built a vehicle physics system and completed five tasks, including reverse parking and parallel parking, achieving a score of 100, with zero collisions and zero line crossings. In addition, Kimi K3.1Pro can assist with financial report data extraction and financial modeling, supports a million-token context window, and is priced at 13 yuan per million tokens for API input and 68 yuan for output. Its speed is 2 to 3 times that of the standard version, and the full model weights are expected to be open-sourced within two weeks.
Reuters: New Kimi model limits hacker capabilities, AI cyberattack concerns intensify
BiJie Network news, according to Reuters, the new Kimi model addresses growing concerns over AI-driven cyberattacks by restricting hacker capabilities.
An Argentine judge has dropped the investigation into Milei and Hayden Davis.
A federal judge in Argentina, Marcelo Martínez De Giorgi, ruled on October 23 to dismiss the criminal investigation into President Javier Milei, his sister Karina Milei, and American businessman Hayden Davis, according to Bihang News. The investigation found no evidence that Karina Milei received payments to arrange meetings with the founder of Libra. The Milei government celebrated the ruling, while the opposition criticized the decision, saying investors lost more than $200 million. The judge noted that investor losses and price fluctuations were insufficient to constitute fraud. When Milei promoted Libra in February 2025, he said the project would support small businesses, but the price subsequently collapsed, causing losses for investors.
Andy Jassy: AWS cloud computing capacity will be essentially sold out by 2027, and a portion of 2028 has already been sold.
CoinWorld news, according to Cointelegraph, Amazon CEO Andy Jassy said that AWS cloud computing capacity is basically sold out through 2027, and part of 2028 has also been sold. This shows the reality of the AI computing competition.
Arthur Hayes-linked address moves 8,000 ETH, possibly preparing to sell
According to CoinWorld news, a wallet address associated with Arthur Hayes transferred 8,000 ETH, worth approximately $19 million. Of this, Binance, Galaxy Digital, and FalconX each received 1,600 ETH, each worth about $3.8 million, suspected to be for sale. The above transfers do not yet prove that the related ETH has actually been sold.
The total Put/Call ratio for US stock options reported 0.93.
CoinWorld US stock data: The total Put/Call ratio for US stock options is 0.93, with call option trading volume higher than put option volume for the day. Compared with the same-caliber snapshot 24 hours ago, it decreased by 0.01; compared with the same-caliber snapshot 7 days ago, it increased by 0.01.
Arthur Hayes returns, moving $6.66 million in tokens.
CoinWorld news: After a 9-day break, Arthur Hayes has returned and moved approximately $6.66 million worth of tokens, which are expected to be sold: · 14 million $ENA (about $2.74 million) transferred to Binance · 323,000 $UNI (about $2.24 million) transferred to Wintermute · 3 million $ZAMA (about $213,700) transferred to Wintermute · 1.89 million $ETHFI (about $1.22 million) transferred to FalconX · 120,000 $PENDLE (about $242,400) transferred to his CEX/MM deposit wallet. Wintermute sent him $2.426 million in $USDC (about $2.43 million), likely the proceeds from the $UNI and $ZAMA sales. Address: 0x6cd66dbdfe289ab83d7311b668ada83a12447e21.