Market Rise Propels Altcoins, Especially Memecoins

市場上漲推動山寨幣，尤其是 Memecoin

The market surge has brought substantial gains to numerous altcoins, particularly memecoin projects. Among them, Pepe has emerged as a frontrunner. At the time of writing, the frog-themed memecoin stands at $0.000011, representing a 20.13% surge in the past 24 hours.

市場激增為眾多山寨幣帶來了可觀的收益，尤其是迷因幣項目。其中，佩佩成為領跑者。截至撰寫本文時，青蛙主題 memecoin 的價格為 0.000011 美元，在過去 24 小時內飆升了 20.13%。

Understanding PEPE's Performance

了解 PEPE 的性能

Blockchain data analyst Santiment attributes PEPE's price increase to the price-DAA divergence. DAA (Daily Active Addresses) measures user interaction with a cryptocurrency. During the market downturn, PEPE's price-DAA divergence was negative, indicating low participation as prices declined. However, this changed after July 11th, when PEPE's price began to ascend.

區塊鏈數據分析師 Santiment 將 PEPE 的價格上漲歸因於價格與 DAA 的背離。 DAA（每日活躍地址）衡量用戶與加密貨幣的互動。在市場低迷期間，PEPE 的價格與 DAA 背離為負，表示隨著價格下跌，參與度較低。然而，這種情況在7月11日之後發生了變化，當時PEPE的價格開始上漲。

As prices rise, more market participants tend to invest in cryptocurrencies. The 64.29% increase in active addresses suggests that participants are increasingly valuing and purchasing the memecoin project.

隨著價格上漲，更多的市場參與者傾向於投資加密貨幣。活躍地址成長 64.29% 表示參與者越來越重視和購買 memecoin 專案。

Technical Analysis of PEPE

PEPE技術分析

The daily PEPE/USD chart indicates continued bullish momentum as evidenced by the Relative Strength Index (RSI). The RSI measures momentum by assessing the magnitude and velocity of price fluctuations. Investors use it to detect overbought or oversold conditions. An RSI value above 70.00 suggests overbought conditions, while a value below 30.00 signifies oversold conditions.

每日 PEPE/美元圖表表明，相對強弱指數 (RSI) 證明了持續的看漲勢頭。 RSI 透過評估價格波動的幅度和速度來衡量動量。投資者用它來檢測超買或超賣情況。 RSI 值高於 70.00 表示超買情況，而 RSI 值低於 30.00 表示超賣情況。

Currently, PEPE's RSI at 60.10 reflects increasing momentum. If this trend continues, it could lead to higher prices identified by the Fibonacci retracement indicator. This indicator predicts potential price reversal or support levels.

目前，PEPE 的 RSI 為 60.10，反映出上漲動能。如果這種趨勢持續下去，可能會導致斐波那契回撤指標確定的價格上漲。此指標預測潛在的價格反轉或支撐位。

The Fibonacci levels of 0.236, 0.382, 0.618, and 0.786 are significant. As per the chart, if buying interest intensifies, PEPE's immediate target could be a retest of $0.000012 and a potential rise to $0.000014. Conversely, if investors choose to lock in profits, the memecoin's price may retreat to $0.000010.

斐波那契水準 0.236、0.382、0.618 和 0.786 非常重要。根據圖表，如果購買興趣增強，PEPE 的直接目標可能是重新測試 0.000012 美元，並可能上漲至 0.000014 美元。相反，如果投資者選擇鎖定利潤，memecoin 的價格可能會回落至 0.000010 美元。