Pepe Price Surges, Outperforming Memecoin Rivals

Pepe 價格飆升，表現優於 Memecoin 競爭對手

On Wednesday, Pepe (PEPE) soared by 8.2%, hitting a high of $0.00001308—its peak since June 26th.

週三，佩佩 (PEPE) 飆升 8.2%，觸及 0.00001308 美元的高點，這是自 6 月 26 日以來的最高點。

Volume Surge and Open Interest Increase

交易量激增和持倉量增加

Pepe's rally was accompanied by high trading volume, reaching $1.6 billion in the past 24 hours. This surpasses the combined volume of Dogecoin and Shiba Inu.

佩佩的上漲伴隨著高交易量，在過去 24 小時內達到 16 億美元。這超過了狗狗幣和柴犬的總交易量。

Open interest in Pepe futures also reached its highest level since June 7th, exceeding $155 million.

Pepe期貨的未平倉合約也達到6月7日以來的最高水平，超過1.55億美元。

Whale Accumulation and Holder Growth

鯨魚的累積與持有者的成長

Data indicates that whales have been accumulating Pepe tokens, contributing to the sustained rise of over 72% from its monthly low. Etherscan data shows a continuous increase in Pepe holders, reaching over 264,000 on Wednesday.

數據顯示，鯨魚一直在累積 Pepe 代幣，導致其從月度低點持續上漲超過 72%。 Etherscan 數據顯示 Pepe 持有者持續增加，週三達到 264,000 多人。

Bullish Market Sentiment and Patterns

看漲的市場情緒和模式

The rise in Pepe's value may be attributed to the shift towards "greed" in the crypto market following the Ethereum ETF approval. Meme coins tend to perform well in such market conditions.

Pepe 價值的上漲可能歸因於以太坊 ETF 核准後加密市場轉向「貪婪」。 Meme 幣在這樣的市場條件下往往表現良好。

Analysts' Bullish Outlook

分析師看漲前景

Crypto analysts have observed bullish patterns in Pepe's price chart, including an inverse head and shoulders formation and a bullish flag pattern.

加密貨幣分析師觀察到佩佩價格圖表中的看漲模式，包括反向頭肩形態和看漲旗形模式。

Outperforming Rival Memecoins

超越競爭對手 Memecoin

Since 2023, Pepe has been one of the top-performing cryptocurrencies, surging by almost 800% in the past year—outpacing Dogecoin, Shiba Inu, and Ethereum.

自 2023 年以來，Pepe 一直是表現最好的加密貨幣之一，在過去一年中飆升了近 800%，超過了狗狗幣、柴犬和以太坊。

Competition from Solana Memecoins

來自 Solana Memecoins 的競爭

However, Pepe faces stiff competition from Solana-based meme coins like Dogwifhat, Popcat, and Cat in a dogs world.

然而，Pepe 面臨著基於 Solana 的迷因幣的激烈競爭，例如 Dogwifhat、Popcat 和狗世界中的 Cat。