Pepe Coin Price Analysis

佩佩幣價格分析

The fourth week of May witnessed a significant bullish trend for Pepe coin, with its price soaring from $0.00009 to $0.000016, marking a 79% increase. This rally was primarily attributed to the recent approval of spot Ethereum and Bitcoin approaching the $70,000 mark. However, this week, PEPE's recovery momentum has decelerated, accompanied by diminishing trading volumes, suggesting the potential onset of a corrective trend.

5 月第四周，Pepe 幣出現明顯看漲趨勢，價格從 0.00009 美元飆升至 0.000016 美元，漲幅達 79%。此次上漲主要歸因於近期以太坊和比特幣現貨價格逼近 7 萬美元大關。然而，本週，PEPE 的復甦勢頭有所放緩，伴隨著交易量的減少，顯示修正趨勢可能開始。

Technical Analysis

技術分析

An analysis of the daily time frame reveals that the PEPE coin price has been experiencing a steady recovery for the past six weeks, supported by an ascending trendline. The formation of higher lows indicates an active accumulation trend, driving the memecoin from $0.00000393 to $0.000016, resulting in a 300% surge. However, with Bitcoin consolidating above $65,000 for an extended period, the altcoin market has exhibited signs of waning bullish momentum. PEPE coin has mirrored this trend, as evidenced by the formation of short-bodied candles and declining trading volume, indicating a potential slowdown in its upward trajectory.

對每日時間框架的分析表明，在上升趨勢線的支撐下，PEPE 代幣價格在過去六週內一直在穩步復甦。較高低點的形成表明了積極的累積趨勢，推動 memecoin 從 0.00000393 美元上漲至 0.000016 美元，導致 300% 的飆升。然而，隨著比特幣長期在 65,000 美元上方盤整，山寨幣市場已經顯示出看漲勢頭減弱的跡象。 PEPE 代幣反映了這一趨勢，短實體蠟燭的形成和交易量下降證明了這一點，表明其上升軌跡可能會放緩。

On-Chain Analysis

鏈上分析

Spot On Chain, an on-chain tracker, has reported significant activity involving the PEPE token. The PEPE development team has sold 21.49 billion $PEPE ($355K) on Binance and DEXs after the token's price surged 134% in 30 days to a new all-time high (ATH). Since late February, the team has sold 282.8 billion $PEPE ($2.28M) at an average price of $0.000008067, often preceding price declines. The team currently holds 2.52 trillion $PEPE ($42.7M).

鏈上追蹤器 Spot On Chain 報告了涉及 PEPE 代幣的重大活動。 PEPE 的價格在 30 天內飆升 134% 達到歷史新高 (ATH)，PEPE 開發團隊已在 Binance 和 DEX 上售出 214.9 億美元 PEPE（35.5 萬美元）。自 2 月底以來，該團隊已以 0.000008067 美元的平均價格出售了 2,828 億美元的 PEPE（228 萬美元），通常在價格下跌之前。該團隊目前持有 2.52 兆美元 PEPE（4,270 萬美元）。

[Image: Pepe Coin Price Analysis | Tradingview]

[圖：佩佩幣價格分析 |交易視圖]

13 hours ago, @pepecoineth sold 21.49B $PEPE ($355K) via #Binance and #DEX after the price soared 134% (30D) to a new ATH! Since the price rose in late Feb, the PEPE dev team has sold 282.8B $PEPE at ~$0.000008067 ($2.28M), often before the price dropped 👇 Current holding:… pic.twitter.com/NKm4k0YvnL

13 小時前，@pepecoineth 透過 #Binance 和 #DEX 出售了 21.49B $PEPE ($355K)，價格飆升 134% (30D) 至新的 ATH！自 2 月底價格上漲以來，PEPE 開發團隊已以約 $0.000008067（228 萬美元）的價格出售了 282.8B $PEPE，通常是在價格下跌之前👇 目前持有：… pic.twitter.com/NKm4k0YvnL

— Spot On Chain (@spotonchain) May 28, 2024

— Spot On Chain (@spotonchain) 2024 年 5 月 28 日