Cover image via U.Today

封面圖片來自 U.Today

PEPE, the frog-themed meme coin project, is eclipsing all rivals on the market, having recently surpassed its all-time-high (ATH) price. At the time of writing, PEPE is showcasing a 22.41% surge in the past 24 hours, reaching $0.00001356. This current outlook is a slight backtrack from the recent ATH of $0.00001422 registered a few hours ago.

PEPE 是一個以青蛙為主題的 meme 硬幣項目，正在超越市場上的所有競爭對手，最近超過了其歷史最高價格 (ATH)。截至撰寫本文時，PEPE 在過去 24 小時內飆升 22.41%，達到 0.00001356 美元。目前的前景較幾個小時前記錄的最新 ATH 0.00001422 美元略有回落。

PEPE is a major beneficiary of the current bull market cycle. An X-ray of its growth reveals a major meme coin outlier aiming to challenge the dominance of both Dogecoin (DOGE) and Shiba Inu (SHIB). In addition to its 24-hour growth, PEPE has soared by another 22.36% in the trailing seven-day period.

PEPE是當前牛市週期的主要受益者。其成長的 X 光揭示了一個主要的模因硬幣異常值，旨在挑戰狗狗幣 (DOGE) 和柴犬 (SHIB) 的主導地位。除了24小時的成長外，PEPE在過去7天內又飆升了22.36%。

Over the past month, PEPE has managed to outperform the market and the average meme coin with a 107% surge to date. With this general outlook, PEPE is now trading well above its 50, 100, and 200-day EMA, underscoring its extremely bullish positioning. PEPE/USDT 1D Chart. Source: TradingView

在過去的一個月裡，PEPE 的表現超越了市場和 meme 幣的平均水平，迄今為止飆升了 107%。考慮到這一總體前景，PEPE 目前的交易價格遠高於 50、100 和 200 日均線，凸顯了其極度看漲的定位。 PEPE/USDT 一維圖表。來源：TradingView

While the massive rally in the price of PEPE spells a good omen, there might be a reversal moving on to underscore a cool-off period. However, to cushion this possibility, the PEPE community will need to sustain the 71% surge in the trading volume pegged at $4,381,864,123. This equates to roughly 32.9 trillion PEPE exchanged on the market overnight.

雖然 PEPE 價格的大幅上漲是一個好兆頭，但可能會出現逆轉，強調冷靜期。然而，為了緩解這種可能性，PEPE 社區將需要維持交易量 71% 的飆升，達到 4,381,864,123 美元。這相當於隔夜市場上交換的 PEPE 約為 32.9 兆。

When PEPE became popular in early 2023, many had doubts about its longevity, especially as it took a different stance from the dog themes that DOGE and SHIB are known for. Despite the skepticism, PEPE has continued to outperform, becoming the first of the major meme coins to retest its ATH post-crypto winter.

當 PEPE 在 2023 年初流行時，許多人對其壽命表示懷疑，特別是因為它採取了與 DOGE 和 SHIB 聞名的狗主題不同的立場。儘管存在質疑，PEPE 的表現仍繼續跑贏大盤，成為第一個重新測試其 ATH 後加密冬天的主要 meme 代幣。

One major hurdle now lies ahead for PEPE, and this involves its lack of a specific utility pivot. Unlike Shiba Inu with Shibarium and BONK's relevance with Solana Mobile, PEPE is still highly speculative despite its recent successes.

PEPE 現在面臨一個主要障礙，即缺乏特定的公用事業樞紐。與 Shiba Inu 與 Shibarium 以及 BONK 與 Solana Mobile 的相關性不同，PEPE 儘管最近取得了成功，但仍具有高度的投機性。