BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
Altcoins

Crypto Market News: $1.16B Wiped Out, Yet Pepeto Buyers Chase a 100x Run Past SOL and XRP

The crypto market news hit hard this week, and anyone holding coins felt it fast. On October 8, Bitcoin sank to about $80,986, down 2.9% in a day. About $1.16 billion in trades were closed by

AnonymousCryptoCompass newsroom
October 9, 2026
5 min read
NEWS
Crypto Market News: $1.16B Wiped Out, Yet Pepeto Buyers Chase a 100x Run Past SOL and XRP
CryptoCompass editorial visual for altcoins coverage.

The crypto market news hit hard this week, and anyone holding coins felt it fast. On October 8, Bitcoin sank to about $80,986, down 2.9% in a day. About $1.16 billion in trades were closed by force, and roughly 90% were bets on prices going up. Shakeouts like this tend to clear out the weakest hands, and the bounce that follows often starts quietly.

While big money pours into the big coins, something smaller is building right below the headlines. Pepeto has pulled in more than $11.2 million during the same stretch that wiped out a billion dollars in open bets. Buyers who show up in a week like this are not guessing. They have done the math, and they like what they found.

What Is Behind the Latest Crypto Market News?

Forced selling drove the drop, after Bitcoin fell out of its $83,000 to $87,000 range. About $1.05 billion of the $1.16 billion closed out were long bets, hitting 191,736 traders, per CryptoTicker. Fear spread too, as the Fear and Greed Index fell to 64 from 71, per Coin Gabbar. Even so, 64 still reads as greed, not panic.

A flush like this resets the board. The next move goes to whoever is ready before it starts.

Which Coins Look Best After the Week's Big Shakeout in Crypto?

Why Are Buyers Choosing Pepeto After the Market Shakeout?

The market just said something loud. When $1.16 billion in bets gets closed in a day and nine out of ten were buyers, the shaky hands are gone. That is the moment to ask where the next dollar goes. Pepeto sits right in that path, and the people already inside it know why they bought.

A 100x run is what happens when a working exchange opens to public trading with real use already behind it. That is not a dream here. PepetoSwap has handled $50 million in daily volume in tests so far, and the number keeps growing. More than $11.2 million came from people who tried the product first. They did not take a promise on faith. They tested it, liked what they saw, and then bought.

Here is the problem it solves. On most exchanges, bots spot your order and jump ahead of it, so you buy higher than you should. PepetoSwap sends trades through a private relay that blocks this, and it is on by default. You also get market, limit and DCA orders, zero swap fees, and your coins never leave your control. Every trade fills closer to the price you wanted, and more of your money stays yours.

The plan is clear, and it rewards whoever moves first. Each stage ends when its timer runs out or its target fills, whichever comes first, and the price rises with every new stage. Today it is $0.0000001897, with staking at 162% APY. At 100x, a $200 buy becomes $20,000. Every stage that closes pulls in fresh buyers, and none of them get today's price.

Is Solana Ready to Bounce Back Above $120?

Solana changes hands at $109.50 after a 4.1% drop, CoinMarketCap data shows. Securitize put tokens for 11 major US stocks, including Apple and Nvidia, on Solana on October 8. Real stocks on a chain is a strong sign of trust. Still, SOL fell with everything else this week. A return to $120 is a fair goal, but a coin this large moves in steps, not leaps.

Can XRP Recover After the Batch Upgrade?

XRP sits at $1.39, 3.7% lower than a day ago, CoinMarketCap shows. The XRP Ledger was set to switch on its Batch upgrade on October 9, which lets several payments from different accounts settle together. Over 80% of trusted validators had to back it first. That is useful plumbing for banks. For buyers, it means slow, steady progress, not a sudden jump.

Where Should Your Money Go After This Week's Market Drop?

The crypto market news shows a market flushing out weak bets, while smart buyers look for the next move. Pepeto is selling at its presale price, before any listing at all. Back in late 2020, SOL cost under $2. A $500 buy then was worth more than $60,000 at the 2021 top. The people who made that money got in just before the crowd did, and that same timing is sitting in front of you right now. The Pepeto official website shows the stage that is open today, and presale buyers hold the cheap seats when the listing opens and everyone else starts paying more.

Check out the current Pepeto stage

FAQs

What is the Pepeto price target ahead of the Binance listing?

A 100x run from presale turns $200 into $20,000, and the listing has not happened yet. Every stage on the Pepeto official website opens at a higher cost, so the cheapest entry is the one that is live right now.

What does the crypto market news mean for Pepeto as Bitcoin slips under $82,000?

Shakeouts send buyers hunting for early coins with real products. Pepeto's live exchange and rising stage price put it at the front of that line, and the window narrows every time a stage closes.