The post PEPE Price on the Verge of a 3x Rally: Here Are the Potential High Levels appeared first on Coinpedia Fintech News
Leading frog-themed meme coin, Pepe (PEPE), rallied over 17 percent on Tuesday during the early New York session, trading around $0.00000773. The mid-cap meme coin, with a fully diluted valuation of approximately $3.25 billion at the time of this report, experienced a 40 percent surge in trading volume over the past 24 hours.
Why Is Pepe Price Surging?
Following the Bitcoin halving last weekend, investors have been diversifying their crypto investments into speculative assets, particularly meme coins. Market data from Coingecko indicates that the total market cap for top meme coins has increased by approximately 6 percent to about $58.3 billion.
Leading meme coins, including Pepe, Floki, and Bonk, have surged nearly 20 percent.
Meanwhile, Coinbase International announced that its 1000PEPE-PERP market is fully available for trading following its recent listing. This recognition by Coinbase is a significant milestone that will expose the meme coin to a broader global market.

後 PEPE 價格即將上漲 3 倍：這裡是潛在的高位首先出現在 Coinpedia 金融科技新聞領先的青蛙主題模因代幣 Pepe (PEPE) 在周二紐約早盤期間上漲了 17% 以上，交易圍繞0.00000773 美元。在本報告發佈時，這款中型 Meme 幣的完全攤薄後估值約為 32.5 億美元，過去 24 小時內交易量激增 40%。在將他們的加密貨幣投資多元化到投機資產，特別是迷因幣。 Coingecko 的市場數據顯示，頂級 meme 幣的總市值增長了約 6%，達到約 583 億美元。 PERP 市場近期上市後已全面開放交易。 Coinbase 的這項認可是一個重要的里程碑，它將讓 meme 幣走向更廣闊的全球市場。

Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/hO32wARVFu— Coinbase International Exchange (@CoinbaseIntExch) April 23, 2024

我們的 1000PEPE-PERP 市場現已在 Coinbase International Exchange 和 Coinbase Advanced 上處於完全交易模式。限價、市價、停損和停損限價單現已全部可用。 pic.twitter.com/hO32wARVFu — Coinbase 國際交易所 (@CoinbaseIntExch) 2024 年 4 月 23 日

PEPE Price Rally
Today's spike signals Pepe's price attempting to break out of a recent correction and reach a new all-time high. According to crypto analyst Captain Faibik, PEPE is well-positioned for another 2-3x rally in the coming weeks. Notably, Pepe is already in price discovery mode on the weekly time frame following the bullish breakout earlier this year.

PEPE 價格上漲今天的飆升表明 Pepe 的價格試圖突破最近的調整併達到新的歷史高點。根據加密貨幣分析師 Captain Faibik 的說法，PEPE 處於有利地位，將在未來幾週內再次上漲 2-3 倍。值得注意的是，繼今年稍早的看漲突破之後，佩佩已經在每週時間範圍內處於價格發現模式。

$PEPE #PEPE Looks Pretty Solid for Another 2-3x Bullish Rally. pic.twitter.com/1Y4DRvWLWg— Captain Faibik (@CryptoFaibik) April 23, 2024

$PEPE #PEPE 看起來相當穩健，有望迎來另一次 2-3 倍的看漲反彈。 pic.twitter.com/1Y4DRvWLWg — Faibik 隊長 (@CryptoFaibik) 2024 年 4 月 23 日

However, Pepe's price must consistently close above the daily falling logarithmic trend to invalidate further correction in the near term. Nonetheless, the next crypto market phase will be heavily influenced by Bitcoin's price action, as has been the case in previous major bull cycles.

然而，佩佩的價格必須始終收盤於日下降對數趨勢之上，才能使短期內的進一步調整無效。儘管如此，加密貨幣市場的下一個階段將受到比特幣價格走勢的嚴重影響，就像之前的主要牛市週期一樣。