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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>.
Twitter founder Jack Dorsey launches Dessa voice model that can converse with AI
BiJie Network News: Twitter founder Jack Dorsey's company Block has just launched Dessa, a speech-to-speech model that can hold conversations through auditory learning without any text. The model is able to listen and speak simultaneously, has emotions, and can even laugh out loud during conversations, and is able to recognize sarcasm and sighs.
An unknown whale transferred 134,013,854 USDC.
CoinWorld data: According to Whale Alert monitoring, an unknown whale has just transferred in 134,013,854 USDC, worth approximately $134 million at real-time prices.
Winklevoss：Zcash过去一年上涨约3000%
According to Benzinga, Zcash ($ZEC) has risen about 3000% over the past year, attracting some early Bitcoin investors. Cameron Winklevoss said the situation feels like "déjà vu": he believes "now you have the opportunity to invest in Zcash."
OpenAI: Red team exercise discovers vulnerability in the Brotli compression library
OpenAI discovered a vulnerability during a red team exercise that allows unauthenticated remote code execution, affecting the Brotli compression library, according to BiJie Network.
In the past hour, liquidations across all contract markets totaled $104 million, with BTC down 0.77%.
According to data from Bijie.com, the total liquidation amount across the entire network's contracts reached $104 million in the past hour, of which long positions accounted for $100 million. Bitcoin (BTC) is currently priced at $80,676.79, down 0.77% over the past 24 hours. In this liquidation event, Bitcoin liquidations amounted to $22.21 million, accounting for 21.30%.
The total market capitalization of the crypto market stands at 2.73 trillion US dollars.
CoinWorld data: The total market capitalization of the crypto market is $2.73 trillion, with a trading volume of $63.08 billion over the past 24 hours.
North American Blue Energy Partners deploys its sixth drilling rig in Venezuela.
CoinWorld news: North American Blue Energy Partners Inc. is working with the U.S. government to develop Venezuelan oilfields, deploying a sixth drilling rig to expand oil production. CEO Alejandro Betancourt said the company's production in western Venezuela has reached a record 115,000 barrels per day. The company plans to bring in a total of 60 drilling rigs, 30 steam boilers, and 70 pieces of heavy construction equipment to implement its 25-year plan.
Ki Young Ju: The AI bubble burst has limited impact on Bitcoin.
CoinWorld news, according to Cointelegraph, analyst Ki Young Ju stated that the bursting of the AI bubble may have little impact on Bitcoin, and investors may return to Bitcoin after AI stocks rebound.
CrowdStrike CEO: AI reveals PHP vulnerability risks, calls for rapid patching
CrowdStrike CEO George Kurtz stated that AI has proven PHP vulnerabilities can be exploited, putting tens of millions of servers at risk. He pointed out that these nearly 20-year-old vulnerabilities were only "theoretical" before AI, but have now been confirmed to be exploitable. This forces everyone into a "very rapid patching cycle." Kurtz also mentioned that while large companies will patch their systems and modern PHP versions will also be patched, some older versions may not be. He warned that what many people are not paying enough attention to is that old routers and firewalls running outdated PHP "will never be patched," which will lead to "massive breaches" in the coming months. He emphasized, "You need to watch the watch, not the calendar."