Altcoins Rebound as Bitcoin Stalls: PEPE, TIA and INJ Lead the Rotation

Altcoins are beginning to outperform Bitcoin again as traders rotate into higher-risk crypto assets while BTC remains stuck near the low-$80,000 range. Bitcoin traded around $81,700 on October 23, gaining only around 0.5%, while the broader CoinDesk 80 index advanced approximately 1.4%. Memecoins delivered the strongest move, climbing around 2.9%, with PEPE gaining roughly 13%, according to CoinDesk . PEPE Leads the Latest Altcoin Bounce PEPE emerged as one of the strongest performers in the latest market rebound. The move reflects renewed demand for higher-beta crypto assets after several weeks of cautious positioning. Memecoins often react more aggressively when market sentiment improves because they typically have higher volatility and more speculative trading activity than Bitcoin or Ethereum.

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