Pepe Price Declines Amid Crypto Market Downturn

加密貨幣市場低迷期間佩佩價格下跌

Pepe's price has endured a significant downturn with the overall sentiment in the cryptocurrency market deteriorating.

隨著加密貨幣市場整體情緒惡化，Pepe 的價格大幅下跌。

The token has plummeted nearly 40% since its peak in June, resulting in a market capitalization of $4.5 billion, a sharp decline from its year-to-date high of $7.1 billion.

該代幣自 6 月的峰值以來已暴跌近 40%，市值為 45 億美元，較年初至今的高點 71 億美元大幅下滑。

This decline coincides with many cryptocurrencies facing intense selling pressure. Bitcoin has plunged from $72,000 in June to $60,000.

此次下跌恰逢許多加密貨幣面臨巨大的拋售壓力。比特幣已從 6 月的 72,000 美元暴跌至 60,000 美元。

Other meme coins have also experienced double-digit losses, including MOTHER, JASON, and Dogwifhat.

其他模因幣也經歷了兩位數的損失，包括 MOTHER、JASON 和 Dogwifhat。

Despite the decline, Pepe's price action exhibits some positive fundamentals. Open interest in the futures market has remained stable, hovering around $131 million.

儘管價格下跌，但佩佩的價格走勢顯示出一些正面的基本面。期貨市場持股維持穩定，徘徊在1.31億美元左右。

Pepe's daily volume also surpasses other altcoins such as Dogecoin and Shiba Inu, consistently exceeding $500,000. This makes it the most popular meme coin in the industry.

Pepe 的每日交易量也超過了狗狗幣和柴犬等其他山寨幣，持續超過 50 萬美元。這使其成為業內最受歡迎的迷因幣。

Additionally, Pepe boasts a wide distribution with over 254,577 holders. The largest address possesses 92.9 trillion tokens valued at $967 million, while the second holds 19.9 million tokens worth $207 million.

此外，Pepe 擁有廣泛的發行範圍，擁有超過 254,577 個持有者。最大的地址擁有 92.9 兆個代幣，價值 9.67 億美元，而第二個地址擁有 1,990 萬個代幣，價值 2.07 億美元。

There is growing optimism among Pepe enthusiasts that the token will recover. A significant whale transfer of $14.7 million worth of Pepe tokens to an unknown wallet on July 2 indicates speculative anticipation of a comeback.

Pepe 愛好者對代幣的復甦越來越樂觀。 7 月 2 日，巨鯨將價值 1,470 萬美元的 Pepe 代幣轉移到一個未知的錢包，這表明人們對捲土重來的投機預期。

Pepe's history suggests that it has the potential to rebound from bear markets. In April 2024, it experienced a 62% decline but subsequently recovered and reached an all-time high.

佩佩的歷史表明它有潛力從熊市中反彈。 2024年4月，下跌62%，但隨後回升並創歷史新高。

Technically, Pepe has found support at its 100-day Exponential Moving Average (EMA). However, a breach of this level could indicate further losses before the anticipated recovery.

從技術上講，Pepe 在 100 日指數移動平均線 (EMA) 處找到了支撐。然而，突破這一水平可能表明在預期復甦之前還會出現進一步的損失。