The entire crypto market has experienced a resurgence, rekindling hopes for an altcoin rally. Meme tokens have emerged as the initial and most significant movers in this upswing.

整個加密市場經歷了復甦，重新點燃了山寨幣反彈的希望。 Meme 代幣已成為這一上漲的最初也是最重要的推動者。

Riding on sheer memetic momentum, Pepe (PEPE) has witnessed a remarkable recovery in the past day, surging by nearly 20%. PEPE has attained record valuations, but its trajectory may encounter resistance at this juncture. Nonetheless, the community anticipates the commencement of another price discovery phase with boundless potential.

憑藉純粹的迷因動力，Pepe (PEPE) 在過去的一天裡出現了顯著的復甦，飆升了近 20%。 PEPE 的估值已創歷史新高，但目前其發展軌跡可能會遇到阻力。儘管如此，社區預計另一個具有無限潛力的價格發現階段即將開始。

PEPE has experienced an additional 22.95% gain in a single day and a 25% increase week-over-week. The meme token is currently trading at $0.00001036, an all-time high following a 50% recovery from previous losses. Such price fluctuations are not uncommon within the extremely low price range. However, PEPE transcends mere token pumping; it serves as an indicator of renewed energy within the crypto market.

PEPE 單日上漲 22.95%，週比上漲 25%。 Meme 代幣目前的交易價格為 0.00001036 美元，在從先前的損失中恢復 50% 後創下歷史新高。在極低的價格區間內，這種價格波動並不罕見。然而，PEPE 超越了單純的代幣抽水；它是加密貨幣市場新活力的指標。

PEPE is fully circulating, with 100% of its supply in active distribution. It ranks among the most actively traded tokens, with close to half of its supply changing hands within a 24-hour period. The token enjoys strong support from its dedicated community, which prioritizes holding, facilitating its recovery from price lows.

PEPE已全面流通，100%供應量為主動分配狀態。它是交易最活躍的代幣之一，近一半的供應量在 24 小時內易手。該代幣得到了其專業社區的大力支持，該社區優先考慮持有，有助於其從價格低點復甦。

Decentralized trading options for PEPE are limited, with less than 1% of its volume occurring on Uniswap. Despite this, PEPE has established a presence on smaller DeFi protocols, bridges, and lending platforms. PEPE holders may opt to refrain from immediate profit-taking, perceiving the token as an instrumental asset for future growth and brand enhancement.

PEPE 的去中心化交易選擇有限，Uniswap 上的交易量不到 1%。儘管如此，PEPE 已經在較小的 DeFi 協議、橋樑和借貸平台上建立了影響力。 PEPE 持有者可能會選擇避免立即獲利了結，將代幣視為未來成長和品牌提升的工具資產。

Can PEPE Eliminate Another Zero?

PEPE能消除另一個零嗎？

The recent PEPE rally has exhibited no signs of abating. The question arises whether PEPE is poised to shed another zero if the altcoin and meme coin boom persists.

最近的 PEPE 反彈並沒有顯示出減弱的跡象。問題是，如果山寨幣和迷因幣的繁榮持續下去，PEPE 是否準備好再減一個零。

A key factor driving PEPE's momentum is its community's aspirations, which extend beyond short-term price pumps. The objective is to establish a memetic supercycle, elevating PEPE to even greater prominence. In the ongoing "frogs vs dogs" rivalry, PEPE aims to secure a top 10 ranking, surpassing ShibaInu (SHIB) and even Dogecoin (DOGE).

推動 PEPE 發展勢頭的一個關鍵因素是其社區的願望，這種願望超出了短期價格上漲的範圍。目標是建立一個迷因超級循環，將 PEPE 提升到更突出的地位。在正在進行的「青蛙與狗」競爭中，PEPE 的目標是超越柴犬（SHIB）甚至狗狗幣（DOGE）進入前十名。

Holders are crucial to "eating a zero," and PEPE's accessibility facilitates its inclusion in numerous portfolios daily.

持有者對於「吃零」至關重要，而 PEPE 的可近性有助於其每天被納入眾多投資組合中。

What Underpins PEPE's Support?

PEPE 的支持有何依據？

PEPE appears to thrive on the "we are so back" sentiment. However, several factors contribute to its support. Notably, over 44% of all PEPE trades are concentrated in a single trading pair on Binance, enabling rapid liquidity inflows and significant price movements.

PEPE 似乎因「我們回來了」的情緒而蓬勃發展。然而，有幾個因素促成了它的支持。值得注意的是，超過 44% 的 PEPE 交易集中在幣安上的單一交易對中，從而實現了快速的流動性流入和顯著的價格波動。

PEPE is listed on nearly all major exchanges, with the exception of Coinbase spot trading. The asset anticipates the introduction of a new trading pair, which could enhance its volume and visibility. Since April 23, Coinbase has offered PEPE perpetual futures, further contributing to its activity.

PEPE 在幾乎所有主要交易所上市，Coinbase 現貨交易除外。該資產預計將引入新的交易對，這可以提高其交易量和知名度。自 4 月 23 日起，Coinbase 推出了 PEPE 永續期貨，進一步促進了其活動。

PEPE boasts 219,625 holder wallets, with exchanges holding the largest stashes. Currently, PEPE trades predominantly on centralized markets and has yet to fully expand into decentralized exchanges like Uniswap. This distinguishes PEPE from newer meme tokens, which rely heavily on decentralized trading pairs.

PEPE 擁有 219,625 個錢包持有者，其中交易所持有的錢包最多。目前，PEPE 主要在中心化市場進行交易，尚未全面擴展到 Uniswap 等去中心化交易所。這將 PEPE 與較新的 meme 代幣區分開來，後者嚴重依賴去中心化交易對。

PEPE's inclusion on Revolut and Crypto.com has significantly increased its exposure, propelling it to become the third-largest meme asset after DOGE and SHIB. Following the recent rally, the token has achieved the most impressive 12-month returns among the top three meme assets.

PEPE 被 Revolut 和 Crypto.com 收錄，顯著增加了其曝光度，使其成為繼 DOGE 和 SHIB 之後的第三大模因資產。繼最近的上漲之後，該代幣在三大表情包資產中取得了最令人印象深刻的 12 個月回報。

All-Time High Emerges as Roaring Kitty Reemerges

咆哮小貓再現歷史新高

The meme token boom has coincided with a Level 8 social media frenzy sparked by the return of Roaring Kitty, the legendary stock picker responsible for the GameStop short squeeze. While Roaring Kitty has no direct affiliation with any cryptocurrency or token, his infectious enthusiasm has bolstered overall market sentiment.

Meme 代幣的繁榮與 Roaring Kitty 回歸引發的 8 級社交媒體狂熱同時發生，Roaring Kitty 是負責 GameStop 空頭擠壓的傳奇選股者。雖然 Roaring Kitty 與任何加密貨幣或代幣沒有直接關係，但他富有感染力的熱情提振了整體市場情緒。

It is important to acknowledge that PEPE remains a politically charged token, despite its apparent reliance on pure market speculation. Allegedly, the anonymous @degenharambe is the creative force behind Pepe, which originated from the depths of 4Chan memes. The profile has been flagged for potentially sensitive content, which extends to discussions surrounding the meme coin.

重要的是要承認 PEPE 仍然是一個帶有政治色彩的代幣，儘管它明顯依賴純粹的市場投機。據稱，匿名@degenharambe是Pepe背後的創作力量，其起源於4Chan meme的深處。該個人資料已被標記為潛在敏感內容，這延伸到了圍繞著迷因幣的討論。

The token's price movements may therefore be intricately linked to obscure memes while carrying a strong anti-corporate ethos.

因此，該代幣的價格走勢可能與晦澀的迷因錯綜複雜地聯繫在一起，同時帶有強烈的反企業精神。