PEPE price stalls near $0.00000363 as trading volume drops over 90% from September 4 peak
Blockchain.News reported PEPE trading at roughly $0.00000363 with volume down more than 90% from a September 4 peak of over $400M, following a Fed-driven short squeeze that lifted the token 10–13%.
Why it matters
If accurate, the dramatic volume decline suggests the short squeeze that lifted PEPE 10–13% has fully unwound, leaving the token in a low-conviction compression zone ahead of the FOMC meeting. The significance is limited given single-source reporting.
Key facts
A Fed-driven short squeeze pushed PEPE 10–13% higher alongside Bitcoin's rally through $81,000
Reported by Blockchain.News
PEPE volume had exceeded $400M across exchanges and open interest hit $241.79 million at the September 4 peak
400,000,000 USDReported by Blockchain.News
RSI was at 55.93, sitting at the midpoint between overbought and oversold levels
55.93Reported by Blockchain.News
Bitcoin retreated to $79,910 after a stronger-than-expected US jobs report revived rate-hike fears
79,910 USDReported by Blockchain.News
MACD histogram flipped negative, confirming short-term buying energy had been digested
Reported by Blockchain.News
What happened
Blockchain.News reported that PEPE was trading at roughly $0.00000363, days after a Fed-driven short squeeze pushed the token 10–13% higher alongside Bitcoin's rally through $81,000. The outlet said Binance spot volume for PEPE had fallen to $27.4 million, down from over $400M across exchanges at the September 4 peak, and that open interest dropped from $241.79 million to lower levels. The article described PEPE's momentum as exhausted, with RSI at 55.93, Bollinger Band %B at 0.4994, and the MACD histogram flipped negative. A stronger-than-expected US jobs report was said to have revived rate-hike fears ahead of the September 15–16 FOMC meeting, with BTC retreating to $79,910. Only one source covered this story, so all claims should be treated as unconfirmed.
How the story developed
- Update
Fed-driven short squeeze pushed PEPE 10–13% higher alongside Bitcoin through $81,000
- Update
US jobs report revived rate-hike fears ahead of FOMC meeting, BTC retreated to $79,910
- First report
First report by Blockchain.News
PEPE Price Prediction: Dead Center and Bleeding — The $0.0000031 Test Is Coming
- Update
Blockchain.News reported PEPE trading at roughly $0.00000363 with volume down over 90% from peak
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 6 Sept 2026, 09:03 UTC: Blockchain.News — 1 independent source, 1 reports
- 6 Sept 2026, 09:39 UTC: Blockchain.News — 2 independent sources, 2 reports
Affected entities
Also mentioned: Goldman Sachs, Base, Nasdaq, NYSE
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Blockchain.News Crypto media | PEPE Price Prediction: Dead Center and Bleeding — The $0.0000031 Test Is Coming | Original | |
| Blockchain.News Crypto media | QQQ Price Prediction: Coiling at $721 With a Fed Catalyst Grenade in the Chamber — Here's Where It Goes | Syndicated |
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