Pepe Soars to Record Highs as Whales Embrace the Meme Coin

隨著鯨魚擁抱 Meme 幣，佩佩飆升至歷史新高

In just under 24 hours, Pepe (PEPE) has surged to unprecedented heights, propelled by a surge of support from crypto whales.

在不到 24 小時內，在加密鯨魚大量支持的推動下，Pepe (PEPE) 飆升至前所未有的高度。

Launched in April 2023 as a homage to the iconic Pepe the Frog internet meme, PEPE has rapidly gained traction within the cryptocurrency community. Its value has since soared by an astonishing 40,000%.

PEPE 於 2023 年 4 月推出，旨在向標誌性的 Pepe the Frog 網路迷因致敬，並迅速在加密貨幣社群中獲得關注。此後其價值飆升了驚人的 40,000%。

The meme coin achieved an all-time high (ATH) of $0.000020 after trading platform Robinhood announced its listing. Following a brief correction, PEPE resumed its upward trajectory, reaching a new ATH of $0.000025.

在交易平台 Robinhood 宣布上市後，Meme 幣創下了 0.000020 美元的歷史新高 (ATH)。經過短暫調整後，PEPE 恢復上升軌跡，達到新的 ATH 0.000025 美元。

Pepe's upward momentum can be traced back to Donald Trump's victory in the 2020 U.S. presidential election, which fueled significant growth in the broader crypto market, including meme coins.

Pepe 的上升勢頭可以追溯到唐納德·川普在 2020 年美國總統大選中的勝利，這推動了包括模因幣在內的更廣泛的加密市場的顯著增長。

Currently trading at $0.000022, PEPE remains 80% higher than 24 hours ago. With a market capitalization of $9.8 billion, it ranks as the 14th-largest crypto token.

目前 PEPE 的交易價格為 0.000022 美元，仍比 24 小時前高出 80%。它的市值為 98 億美元，位居第 14 大加密貨幣代幣。

PEPE's daily trading volume has also surged by 313%, reaching an impressive $21.5 billion.

PEPE 的每日交易量也飆升了 313%，達到令人印象深刻的 215 億美元。

Whales Drive the Surge

鯨魚推波

Following Robinhood's announcement, whale activity around PEPE increased dramatically. On November 13th, large transactions worth over $100,000 in PEPE rose from $405 million to a staggering $1.66 billion, according to on-chain analysis platform IntoTheBlock.

Robinhood 宣布這一消息後，PEPE 周圍的鯨魚活動急劇增加。根據鏈上分析平台 IntoTheBlock 的數據，11 月 13 日，價值超過 10 萬美元的 PEPE 大額交易從 4.05 億美元上升至驚人的 16.6 億美元。

Whales executed over 3,000 such transactions on that single day. However, they also engaged in a significant selloff, with whales registering a net outflow of 1.11 trillion PEPE on Wednesday.

鯨魚當天執行了 3,000 多筆此類交易。然而，它們也遭遇了大幅拋售，週三鯨魚淨流出 1.11 兆枚 PEPE。

Historical data suggests that selloffs from large holders can lead to sudden price drops in crypto assets, particularly in volatile meme coins. However, in this case, retail accumulation appears to be absorbing the whale sales.

歷史數據表明，大持有者的拋售可能導致加密資產價格突然下跌，尤其是波動較大的迷因幣。然而，在這種情況下，零售累積似乎正在吸收鯨魚的銷售。

Given the surge in trading volume and whale activity, PEPE may experience a price correction before embarking on another bull run.

鑑於交易量和鯨魚活動的激增，PEPE 在開始另一輪牛市之前可能會經歷價格調整。