Pepe (PEPE) Price Hits New All-Time High After Surpassing Polygon (MATIC) in Market Cap

Pepe (PEPE) 市值超越 Polygon (MATIC) 後創下歷史新高

Amidst the ongoing crypto market rotation, where Bitcoin (BTC) faces resistance at $72,000, the frog-themed meme coin Pepe (PEPE) has emerged as a formidable winner. As of Monday's early London session, Pepe's price hovered around $0.0000168, a surge of over 11 percent within the past 24 hours, according to reliable crypto oracles.

在加密貨幣市場持續輪動中，比特幣 (BTC) 面臨 72,000 美元的阻力，以青蛙為主題的迷因幣 Pepe (PEPE) 已成為強大的贏家。據可靠的加密貨幣預言機稱，截至週一倫敦早盤，Pepe 的價格徘徊在 0.0000168 美元左右，在過去 24 小時內飆升了 11% 以上。

Following an 81 percent spike last week, Pepe has officially joined the top 20 most valuable digital assets. This places it ahead of Polygon (MATIC), Litecoin (LTC), and Fetch.ai (FET), among others. If Pepe's bullish momentum persists, it could pose a threat to Shibarmy's dominance.

繼上週飆升 81% 後，Pepe 正式躋身最有價值數位資產前 20 名。這使其領先於 Polygon (MATIC)、Litecoin (LTC) 和 Fetch.ai (FET) 等。如果佩佩的看漲勢頭持續下去，可能會對希巴米的統治地位構成威脅。

Reasons for Pepe's Price Surge

佩佩價格飆升的原因

The approval of spot Ether ETFs in the United States has ignited bullish sentiment for the altcoin industry. Leading web3 projects on the Ethereum network, including Uniswap (UNI), Arbitrum (ARB), and Pepe, have witnessed a significant increase in daily trading volume.

美國現貨以太 ETF 的批准點燃了山寨幣產業的看漲情緒。以太坊網路上領先的 web3 項目，包括 Uniswap (UNI)、Arbitrum (ARB) 和 Pepe，每日交易量顯著增加。

Moreover, the ETH/BTC pair has rebounded from its recent lows and is poised to retest its all-time high. Bitcoin dominance is also exhibiting a macro reversal pattern, indicating the potential for a major altseason.

此外，ETH/BTC 貨幣對已從近期低點反彈，並有望重新測試歷史高點。比特幣的主導地位也呈現出宏觀逆轉模式，顯示存在重大山寨季節的潛力。

Midterm Price Target

中期價格目標

Pepe's recent bullish rally has maintained its Relative Strength Index (RSI) above 70, suggesting a strong trend. From a technical perspective, Pepe's price against the US dollar is likely to rise by 20 percent in the near term, reaching $0.000020, which aligns with the 1.618 weekly Fibonacci Extension.

佩佩最近的看漲反彈使其相對強弱指數 (RSI) 維持在 70 以上，顯示趨勢強勁。從技術角度來看，佩佩兌美元的價格短期內可能上漲 20%，達到 0.000020 美元，與 1.618 週線斐波那契擴展線保持一致。