Pepe (PEPE) Memecoin Soars 28% on Spot Ether ETF Speculation

Pepe (PEPE) Memecoin 因現貨以太 ETF 投機而飆升 28%

The digital asset memecoin, Pepe (PEPE), has surged 28% to an all-time high in the past 24 hours, propelled by speculation surrounding the potential approval of spot Ether ETFs in the United States.

在圍繞美國現貨以太 ETF 可能獲得批准的猜測推動下，數位資產 memecoin Pepe (PEPE) 在過去 24 小時內飆升 28% 至歷史新高。

PEPE Price Chart | Source: CoinMarketCap

PEPE 價格走勢圖 |資料來源：CoinMarketCap

Crypto trader Matthew Hyland has identified PEPE as the top memecoin play in anticipation of ETH ETFs, reflecting the market's optimism. "Kaleo" has humorously suggested that ETH's recent price action has made trading PEPE an obvious choice.

加密貨幣交易員 Matthew Hyland 已將 PEPE 確定為 ETH ETF 預期中的頂級 memecoin，這反映了市場的樂觀情緒。 「Kaleo」幽默地表示，ETH 最近的價格走勢使交易 PEPE 成為一個明顯的選擇。

Ether itself has also experienced a significant gain, rising 21.15% over the past two days to $3,801. This surge is attributed to hopes of SEC approval for Ether ETFs before the May 23 deadline, surprising both analysts and the crypto community.

以太幣本身也經歷了大幅上漲，過去兩天上漲 21.15% 至 3,801 美元。這一激增歸因於美國證券交易委員會希望在 5 月 23 日截止日期之前批准以太坊 ETF，這讓分析師和加密社群都感到驚訝。

According to CoinMarketCap data, PEPE's current price stands at $0.00001348, representing a 21.72% increase over the past day. Pseudonymous trader "Plazma" anticipates further upward momentum for PEPE, predicting a 2x-3x increase in the coming weeks despite potential volatility.

根據CoinMarketCap數據，PEPE目前價格為0.00001,348美元，較過去一天上漲21.72%。匿名交易員「Plazma」預計 PEPE 將進一步上漲，儘管存在潛在波動，但預計未來幾週將上漲 2 至 3 倍。

Furthermore, PEPE's Open Interest (OI) has spiked by 40% to $172.96 million, indicating increased trader confidence in future positions. However, it's worth noting that a 6% drop in PEPE's price could trigger the liquidation of $12.21 million in long positions.

此外，PEPE 的未平倉合約 (OI) 飆升 40%，達到 1.7296 億美元，顯示交易者對未來部位的信心增強。但值得注意的是，PEPE 價格下跌 6% 可能會引發 1,221 萬美元的多頭部位清算。

While PEPE has led the top 10 memecoins in price growth, other notable memecoins such as BONK (BONK), Floki (FLOKI), and Book of Memes (BOME) have also experienced significant price increases over the past week, reflecting a bullish sentiment across the memecoin market.

雖然PEPE 引領了十大memecoin 的價格增長，但其他著名的memecoin，如BONK (BONK)、Floki (FLOKI) 和Book of Memes (BOME) 在過去一周也經歷了大幅價格上漲，反映出整個市場的看漲情緒模因幣市場。

Read More: Floki Inu, Pepe, and Ethereum Lead Crypto Market Rally with Impressive Gains

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