Pepe Coin Surges 23% After VC Accumulates 141 Billion Tokens

創投累積 1,410 億枚代幣後 Pepe Coin 飆漲 23%

In a remarkable market development, Pepe coin experienced a significant rally of 23% on July 16, fueled by a massive accumulation of 141 billion PEPE tokens by venture capital firm Nascent.

在令人矚目的市場發展中，在創投公司 Nascent 大量累積 1,410 億個 PEPE 代幣的推動下，Pepe 幣在 7 月 16 日經歷了 23% 的大幅上漲。

Nascent's Massive Pepe Coin Purchase

Nascent 大量購買佩佩幣

On-chain data from Lookonchain reveals that Nascent strategically swapped $3.41 million worth of MKR tokens for PEPE and LDO tokens. This accumulation resulted in Nascent holding a substantial 608.85 billion PEPE, valued at $7.49 million.

Lookonchain 的鏈上數據顯示，Nascent 策略性地將價值 341 萬美元的 MKR 代幣換成了 PEPE 和 LDO 代幣。這項累積導致 Nascent 持有大量 6,088.5 億個 PEPE，價值 749 萬美元。

Pepe Coin's Resilience and Upside Potential

佩佩幣的彈性和上漲潛力

Despite recent market downturns, Pepe coin has demonstrated resilience and potential for further gains. In this year's bull cycle, it reached an all-time high of $0.00001718. Today, it regained significant momentum, rising to $0.00001.

儘管最近市場低迷，佩佩幣仍然表現出了韌性和進一步上漲的潛力。在今年的牛市週期中，它達到了 0.00001718 美元的歷史新高。今天，它重新獲得了顯著的勢頭，升至 0.00001 美元。

Positive Market Sentiment

正向的市場情緒

The rally comes amid increased buying pressure from Nascent and favorable market sentiment. The derivatives market indicates an uptrend, with futures OI (open interest) surging 23.19% and volume increasing by 178.66%.

此次上漲是在新生購買壓力增加和有利的市場情緒之際發生的。衍生性商品市場呈現上漲趨勢，期貨持股大幅成長23.19%，成交量成長178.66%。

Technical Analysis

技術分析

The Relative Strength Index (RSI) suggests slight bullish momentum, indicating potential for further buying. This, combined with the recent accumulation, paints an optimistic outlook for Pepe coin's price action.

相對強弱指數（RSI）顯示出輕微的看漲勢頭，顯示有進一步買盤的潛力。這與最近的累積相結合，為佩佩幣的價格走勢描繪了樂觀的前景。

Market Watch

市場觀察

However, investors should remain vigilant and monitor the token's movements, as the crypto market remains volatile.

然而，由於加密貨幣市場仍然不穩定，投資者應保持警惕並監控代幣的走勢。

Original Article Credit

原文文章來源

CoinGape

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