- PEPE Price Reached the Blue Skyzone Amid a Massive Follow-on Rise
Fueled by the whale buying activity, the memecoin is up over 50% this week.
PEPE 價格在大規模後續上漲中達到藍天區 在鯨魚購買活動的推動下,memecoin 本週上漲了 50% 以上。
The Frog-theme-based memecoin Pepe (PEPE) price made its fresh ATH (all-time high) of $0.00001718 yesterday and was in strong bullish momentum. 2024 is unofficially the year of memecoins and PEPE is among the coins that soared the most. Though PEPE price was in an uptrend, after the rounding bottom formation breakout, the memecoin exceeded the bull run and rallied over 50% this week and over 140% this month.
基於青蛙主題的 memecoin Pepe (PEPE) 價格昨天創下 0.00001718 美元的新 ATH(歷史新高),並處於強勁的看漲勢頭。 2024 年是非正式的迷因幣年,PEPE 是漲幅最大的幣種之一。儘管 PEPE 價格處於上升趨勢,但在突破圓底形成後,memecoin 超越了牛市,本週上漲了 50% 以上,本月上漲了 140% 以上。
What Triggered the Massive Bull Run in PEPE Price?
是什麼引發了 PEPE 價格的大規模牛市?
Pepe Coin entered like thunder in the crypto world and has surprised traders and investors. It crossed the $1 Billion market capitalization in just 20 days and reached the milestone. Recently, the Ether ETF launch news fueled the buying pressure in the memecoin community, resulting in speculative moves. Interestingly, PEPE surged the most and skyrocketed over 140% this month.
佩佩幣(Pepe Coin)如雷霆般進入加密世界,令交易者和投資者感到驚訝。僅花了20天,它的市值就突破了10億美元,達到了里程碑。最近,以太坊 ETF 推出的消息加劇了 memecoin 社群的購買壓力,導致投機行為。有趣的是,PEPE 漲幅最大,本月漲幅超過 140%。
No doubt crypto enthusiasts have witnessed the bull run in the memecoin and are eyeing further upside, but the price action suggests that it might revert from the top anytime. At press time, Pepe (PEPE) price was trading at $0.00001627 with an intraday gain of 2.11%, reflecting massive bullish momentum on the charts. The market cap rose to $6.98 Billion, and the trading volume rose over 23% to $1.98 Billion.
毫無疑問,加密貨幣愛好者已經見證了 memecoin 的牛市,並期待進一步上漲,但價格走勢表明它可能隨時從頂部恢復。截至發稿時,Pepe (PEPE) 價格交易於 0.00001627 美元,盤中漲幅為 2.11%,反映出圖表上巨大的看漲勢頭。市值升至 69.8 億美元,交易量成長超過 23% 至 19.8 億美元。
Per @lookonchain on , significant whale activity had fueled the buying pressure in the last few weeks.
根據 @lookonchain 的說法,鯨魚的大量活動加劇了過去幾週的購買壓力。
A whale withdrew 2,034 $ETH($7.95M) and 123.8B $PEPE($2.06M) from #Kraken 10 mins ago. This whale has withdrawn 4,702 $ETH($18M) at $3,828 in the past 28 hours. He has withdrawn 481.77B $PEPE($8.03M) at $ 0.00001 since Mar 16 and currently has an unrealized profit of $3.17M.… pic.twitter.com/HpX34PGLAw— Lookonchain (@lookonchain) May 27, 2024
10 分鐘前,一頭鯨魚從 #Kraken 提取了 2,034 $ETH($7.95M)和 123.8B $PEPE($2.06M)。在過去 28 小時內,這隻鯨魚以 3,828 美元的價格提取了 4,702 美元 ETH(1800 萬美元)。自3 月16 日以來,他已以0.00001 美元的價格提取了481.77B $PEPE($8.03M),目前未實現利潤為$3.17M。 … pic.twitter.com/HpX34PGLAw — Lookonchain (@lookonchain) 2024 年55 年月27 日
Source:
來源:
PEPE Soared 140% this Month: Still Safe to Buy Pepe?
PEPE本月飆升140%:購買Pepe仍然安全嗎?
Amidst the market uncertainty and sharp volatility, the memecoin pocket continued to reward its investors. The memecoin theme generated impressive, massive profits within the short term. Investors have shown massive interest in PEPE crypto and witnessed a sharp surge in valuations.
在市場不確定性和劇烈波動的情況下,迷因幣口袋繼續回報投資者。模因幣主題在短期內產生了令人印象深刻的巨額利潤。投資者對 PEPE 加密貨幣表現出了巨大的興趣,並見證了估值的大幅飆升。
Source: TradingView
來源:TradingView
A rounding bottom formation was visible, and the memecoin surpassed the trajectory hurdle of $0.00001100. Afterward, the PEPE crypto continued to soar, yet no signs of a selloff were replicated. Any slippage below $0.00001320 might create the possibility of trend reversal and signs of caution. Otherwise, the bullish wave will continue and the memecoin will continue to shoot up the gains. Following the jump, trading volume surged significantly, highlighting the investors’ speculation.
可以看到圓底形成,模因幣突破了 0.00001100 美元的軌跡障礙。此後,PEPE加密貨幣持續飆升,但沒有出現拋售的跡象。任何低於 0.00001320 美元的下滑都可能會產生趨勢逆轉的可能性和謹慎的跡象。否則,看漲浪潮將持續,memecoin 將繼續上漲。上漲後,交易量大幅飆升,凸顯了投資者的投機行為。
What the Key Metrics Show
關鍵指標顯示什麼
The Momentum Indicator (Relative Strength Index) remained overbought, which signals that a short-term retracement is due and might be seen anytime soon. Additionally, the GIOM indicator saw that 90% of in-the-money holders at the current price levels are in profit, whereas only 10% are looking to secure their gains.
動量指標(相對強度指數)仍然處於超買狀態,這表明短期回調即將到來,並且可能很快就會出現。此外,GIOM 指標顯示,在當前價格水準上,90% 的價內持有者處於盈利狀態,而只有 10% 的人希望確保收益。
Source: IntoTheBlock
來源:IntoTheBlock
Though the memecoin is trading in a solid uptrend, revealing a follow-on rise, a dragonfly doji candlestick was noted in the last session, an early indication of the possible selloff.
儘管 memecoin 交易處於穩健的上升趨勢,顯示出後續上漲,但在上一個交易日中出現了蜻蜓十字星燭台,這是可能出現拋售的早期跡象。
Futures OI Data Outlook
期貨OI數據展望
Amidst the bull run, the futures derivative data hints that profit booking is on the cards.
在多頭市場中,期貨衍生性商品數據暗示獲利盤正在醞釀中。
Source: coinglass
來源:硬幣玻璃
The open interest dropped over 4.39% to $187.75 Million in the last 24 hrs, revealing the long unwinding data. This might create an imbalance and trigger a short-term profit booking ahead.
在過去 24 小時內,未平倉合約下跌超過 4.39%,至 1.8775 億美元,揭露了多頭平倉數據。這可能會造成不平衡並引發短期利潤提前預訂。
Pepe coin witnessed a significant surge in popularity due to the short-term demand. With a growing community, PEPE is gathering attention, and investors are closely eyeing it.
由於短期需求,佩佩幣的受歡迎程度大幅上升。隨著社區的不斷壯大,PEPE越來越受到關注,投資者也密切關注。
Source: Santiment
資料來源:Santiment
The social dominance and followers data revealed a sharp increase followed by the price surge. The social dominance data surged over 270% this month, noting around 2.473%, while the followers surged to 8442, noting a spike of over 156% in the past month.
社會支配力和追隨者數據顯示價格大幅上漲。本月社交統治力數據飆升超過 270%,約 2.473%,而追蹤者激增至 8,442 人,過去一個月激增超過 156%。
The immediate support levels for the Pepe coin are $0.00001500 and $0.00001330, whereas the key upside hurdle is around $0.00001800, followed by $0.00001950.
Pepe 幣的直接支撐位是 0.00001500 美元和 0.00001330 美元,而關鍵的上漲障礙是 0.00001800 美元左右,其次是 0.00001950 美元。
Should you buy or not?
你該買還是不買?
The Pepe coin continued to shoot up the gains and decisively sustained gains in the bullish trajectory. With a notable rise of 50% this week, PEPE continued to make new highs every day.
佩佩幣持續上漲,並在看漲軌跡中果斷地維持上漲。 PEPE本周大幅上漲50%,每日不斷創新高。