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The PEPE token, the third largest meme cryptocurrency, has seen a remarkable price jump of 12% over the past 24 hours, bringing its weekly gains to over 80%. Currently trading at $0.0000166, PEPE's market capitalization has exceeded $7 billion, marking a significant milestone.
第三大 meme 加密貨幣 PEPE 代幣的價格在過去 24 小時內大幅上漲 12%,每週漲幅超過 80%。目前PEPE的交易價格為0.0000166美元,其市值已超過70億美元,標誌著一個重要的里程碑。
What is Driving PEPE's Price Up?
是什麼推動 PEPE 價格上漲?
Recent interest from investors has driven PEPE's price upward, with daily trading volumes surpassing $2.56 billion. This makes PEPE the third-largest meme token behind Dogecoin (DOGE) and Shiba Inu (SHIB). Over the past month, PEPE has outperformed other meme tokens and the broader cryptocurrency market, achieving a 135% gain.
最近投資者的興趣推動 PEPE 的價格上漲,每日交易量超過 25.6 億美元。這使得 PEPE 成為僅次於狗狗幣 (DOGE) 和柴犬 (SHIB) 的第三大迷因代幣。在過去的一個月裡,PEPE 的表現優於其他 meme 代幣和更廣泛的加密貨幣市場,並實現了 135% 的漲幅。
Since the beginning of the year, PEPE, which operates on the Ethereum blockchain, has yielded a 12-fold return for its holders. Notably, large investors have taken an interest in PEPE, with a significant whale recently withdrawing 1.32 trillion PEPE tokens from Binance, resulting in a 21% return at the current price. This surge coincides with positive sentiment in the cryptocurrency market, spurred by the approval of spot Ethereum ETFs.
自今年年初以來,在以太坊區塊鏈上運行的 PEPE 為其持有者帶來了 12 倍的回報。值得注意的是,大型投資者對 PEPE 產生了興趣,最近有大戶從幣安撤回了 1.32 兆個 PEPE 代幣,按當前價格計算,回報率為 21%。這一飆升恰逢加密貨幣市場在現貨以太坊 ETF 獲得批准的推動下出現積極情緒。
How is PEPE's Bullish Trend Sustained?
PEPE的看漲趨勢如何持續?
Santiment, an on-chain analysis firm, noted that PEPE's price continues to climb as buyers resist downward pressures. A strong support level has been established at $0.00001380, tested twice. The formation of higher lows and highs, along with prices trading above the 50-day and 200-day simple moving averages (SMA), signals a bullish trend.
鏈上分析公司 Santiment 指出,隨著買家抵制下行壓力,PEPE 的價格持續攀升。強支撐位已確定為 0.00001380 美元,並經過兩次測試。更高的低點和高點的形成,以及價格高於 50 日和 200 日簡單移動平均線 (SMA) 的交易,預示著看漲趨勢。
The number of active addresses holding PEPE surged from 3,600 to 12,000 between May 21 and May 22, suggesting further recovery. A similar rise was noted in mid-May, indicating sustained interest in the token.
5 月 21 日至 22 日期間,持有 PEPE 的活躍地址數量從 3,600 個激增至 12,000 個,顯示進一步復甦。 5 月中旬也出現了類似的上漲,顯示對該代幣的持續興趣。
Investor Insights
投資者見解
- PEPE's trading volumes have exceeded $2.56 billion daily.
- A significant whale recently withdrew 1.32 trillion PEPE tokens from Binance.
- PEPE's price is trading above both the 50-day and 200-day SMAs.
- The number of active PEPE addresses quadrupled within a day in late May.
These insights suggest PEPE has strong support and continued investor interest, pointing to potential further gains.
PEPE 的每日交易量已超過25.6 億美元。地址數量在一天內翻了兩番這些見解表明 PEPE 擁有強大的支持和持續的投資者興趣,表明潛在的進一步收益。
PEPE's recent performance underscores its growing influence in the crypto market, driven by robust trading volumes, significant whale activity, and a broadening investor base. The token's bullish trend appears well-supported by technical indicators and increased active addresses, suggesting more positive movement ahead.
PEPE 最近的表現突顯了其在加密貨幣市場中日益增長的影響力,這得益於強勁的交易量、大量的鯨魚活動和不斷擴大的投資者基礎。該代幣的看漲趨勢似乎得到了技術指標和活躍地址增加的良好支撐,表明未來會有更多積極的趨勢。
The post first appeared on BH NEWS: PEPE Token Price Surges 12%
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