Whales Drive Cryptocurrency Market Surge in 2024

鯨魚推動 2024 年加密貨幣市場激增

Amidst a bullish market, cryptocurrency trading has witnessed a significant spike in 2024. Whales, entities known for their substantial accumulations and offloading, have played a pivotal role in this surge.

在多頭市場的背景下，加密貨幣交易在2024年出現了大幅上漲。

Whale Activity: April 30

鯨魚活動：4 月 30 日

Data from an on-chain monitor reveals a notable whale movement on April 30. A whale using the address 0x10Dc, operating through OKX, acquired a substantial amount of PEPE (241.6 billion) and SHIB (53 billion), worth $1.75 million and $1.27 million respectively. This accumulation contributed to a price increase for both coins despite an overall market dip.

鏈上監視器的數據顯示4 月30 日發生了顯著的鯨魚活動。美元分別。儘管整體市場下跌，但這種累積導致兩種代幣的價格上漲。

Whales' Focus in May 2024

2024 年 5 月鯨魚的焦點

As May unfolds, on-chain data indicates that whales are closely monitoring three cryptocurrencies: Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe Coin (PEPE).

隨著 5 月的到來，鏈上數據顯示鯨魚正在密切關註三種加密貨幣：Shiba Inu (SHIB)、Retik Finance (RETIK) 和 Pepe Coin (PEPE)。

Shiba Inu (SHIB)

柴犬 (SHIB)

SHIB has gained significant traction in 2024, driven by increased burn rates and whale transactions. This week, SHIB experienced an impressive 8% price increase, reaching a trading value of 0.0000227. Despite minor corrections after Q1 gains, SHIB's momentum remains strong, with a market capitalization exceeding $13.4 billion and daily trading volumes approaching $400 million.

在燒錢率和鯨魚交易增加的推動下，SHIB 在 2024 年獲得了巨大的關注。本週，SHIB 的價格上漲了 8%，交易達到 0.0000227。儘管在第一季上漲後出現小幅調整，SHIB 的勢頭依然強勁，市值超過 134 億美元，每日交易量接近 4 億美元。

Data from IntoTheBlock shows a remarkable 382% surge in SHIB transactions, accompanied by a doubling in transactions exceeding $100,000 in value. This surge reflects growing investor interest, fueled by network upgrades and strategic listings on platforms like Nexo. Additionally, the launch of ShibaSwap has further enhanced SHIB's utility and appeal within the community.

IntoTheBlock 的數據顯示，SHIB 交易量顯著激增 382%，超過 10 萬美元的交易額也翻了一番。這種激增反映了投資者興趣的成長，這得益於網路升級和 Nexo 等平台上的策略上市。此外，ShibaSwap的推出進一步增強了SHIB在社區中的實用性和吸引力。

Technical analysis suggests a critical juncture for SHIB as it approaches the 50-day Exponential Moving Average (50 EMA) resistance level on May 11 and 12. A breakthrough beyond this threshold could signal a significant bullish trend, potentially redefining market dynamics and instilling confidence among investors. If this occurs, SHIB could experience a potential gain of over 500% before May 31.

技術分析表明，SHIB 正處於關鍵時刻，因為它正在接近5 月11 日和12 日的50 日指數移動平均線(50 EMA) 阻力位。重新定義市場動態，並給予投資者信心。如果這種情況發生，SHIB 可能會在 5 月 31 日之前實現超過 500% 的潛在收益。

Retik Finance (RETIK)

瑞提克金融 (RETIK)

Retik Finance (RETIK) has emerged as a leader in decentralized finance (DeFi) innovation, offering a comprehensive suite of solutions to bridge the gap between traditional and crypto finance. The success of RETIK's presale, which raised over $32 million months ahead of schedule, underscores investor confidence in the project's vision and potential.

Retik Finance (RETIK) 已成為去中心化金融 (DeFi) 創新的領導者，提供一整套解決方案來彌合傳統金融和加密金融之間的差距。 RETIK 預售的成功提前幾個月籌集了超過 3,200 萬美元，突顯了投資者對該專案願景和潛力的信心。

RETIK's key features include futuristic DeFi debit cards, AI-powered P2P lending, a smart crypto payment gateway, and a multi-chain, non-custodial, highly secured DeFi wallet. These offerings cater to users' diverse needs, providing privacy, convenience, security, and rewards across various financial transactions.

RETIK 的主要功能包括未來派 DeFi 金融卡、人工智慧驅動的 P2P 借貸、智慧加密支付網關以及多鏈、非託管、高度安全的 DeFi 錢包。這些產品滿足用戶的多樣化需求，在各種金融交易中提供隱私、便利、安全和獎勵。

Recent developments, such as the early utility launch of Retik debit cards, have further fueled optimism among investors. The beta version of these cards, launched ahead of schedule, offers users swift and secure online and offline access to their crypto assets. Retik debit cards redefine the traditional banking experience for crypto enthusiasts with a rewards program and airport lounge access.

最近的事態發展，例如公用事業公司早期推出 Retik 借記卡，進一步激發了投資者的樂觀情緒。這些卡片的測試版提前推出，讓用戶能夠快速、安全地在線上和離線存取其加密資產。 Retik 金融卡透過獎勵計畫和機場休息室使用權重新定義了加密貨幣愛好者的傳統銀行體驗。

As RETIK prepares for its listing on major exchanges on May 21, investors anticipate a potential price surge of over 5000%, following its presale success. With a total token supply of 1 billion, RETIK has witnessed a high level of anticipation. The token's surge in value, coupled with strategic partnerships and community engagement initiatives, has caught whales' attention as they eagerly await a significant price increase post-listing.

隨著 RETIK 準備於 5 月 21 日在主要交易所上市，投資者預計，預售成功後，其價格可能會飆升 5000% 以上。 RETIK 的總發行量達 10 億枚，備受期待。該代幣價值的飆升，加上戰略合作夥伴關係和社區參與計劃，引起了鯨魚的注意，因為他們熱切地等待上市後價格的大幅上漲。

Pepe Coin (PEPE)

佩佩幣 (PEPE)

Pepe Coin (PEPE) has emerged as a leading memecoin, capturing the attention of investors with its recent 20% price surge. Analysts predict further gains for PEPE as it continues to outperform the broader market despite recent downturns.

Pepe Coin (PEPE) 已成為領先的 memecoin，最近價格飆升 20%，吸引了投資者的注意。分析師預測 PEPE 將進一步上漲，儘管近期出現低迷，但其表現仍持續跑贏大盤。

With a market capitalization of $3.5 billion and a 24-hour trading volume of $755 million, PEPE ranks among the top meme coins in terms of market size and liquidity. Recent accumulations of PEPE by whales and investors have added to the token's upward momentum, signaling confidence in its future price movements.

PEPE 的市值為 35 億美元，24 小時交易量為 7.55 億美元，在市場規模和流動性方面均名列前茅。最近鯨魚和投資者累積的 PEPE 增加了該代幣的上漲動力，顯示對其未來價格走勢的信心。

The successful completion of a hard fork and strategic acquisitions of large quantities of PEPE from exchanges further reinforce positive sentiment surrounding the token. Technical analysis suggests bullish momentum for PEPE, with potential for a swift reclaim of its March all-time high (ATH) price. Analysts like Jameson and Max Schwartzman compare PEPE to Dogecoin, anticipating exponential growth fueled by its unique market positioning and strong community support.

硬分叉的成功完成以及從交易所策略性收購大量 PEPE 進一步強化了圍繞該代幣的積極情緒。技術分析顯示 PEPE 的看漲勢頭，有可能迅速恢復 3 月的歷史高點 (ATH) 價格。 Jameson 和 Max Schwartzman 等分析師將 PEPE 與狗狗幣進行比較，預計其獨特的市場定位和強大的社區支持將推動指數級成長。

Conclusion

結論

As whales closely monitor Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe Coin (PEPE) in May 2024, the crypto market brims with excitement and anticipation. With each coin offering unique features, strong fundamentals, and bullish potential, investors stand poised to capitalize on the opportunities presented by these standout digital assets. Notably, whales are eyeing RETIK's upcoming listing announcement on OKX and other exchanges, expecting a potential price surge of over 5000% post-listing.

2024 年 5 月，隨著鯨魚們密切關注 Shiba Inu (SHIB)、Retik Finance (RETIK) 和 Pepe Coin (PEPE)，加密市場充滿了興奮和期待。由於每種代幣都具有獨特的功能、強大的基本面和看漲潛力，投資者已準備好利用這些傑出數位資產帶來的機會。值得注意的是，鯨魚們正在關注 RETIK 即將在 OKX 和其他交易所上市的公告，預計上市後價格可能會飆升超過 5000%。