South Korean Traders Fuel PEPE Surge After Upbit's Surprise Listing

Upbit 意外上市後，韓國交易商推動 PEPE 飆升

Announcement Sparks Market Frenzy

公告引發市場狂熱

The announcement of PEPE's listing on Upbit triggered a rapid surge in South Korean cryptocurrency markets. Traders capitalized on the news, sending prices skyrocketing within an hour of the confirmation. Values inflated significantly across multiple platforms as demand outpaced supply.

PEPE在Upbit上市的消息引發了韓國加密貨幣市場的快速飆升。交易員利用這項消息，在消息確認後一小時內價格飆升。由於需求超過供應，多個平台的價值大幅上漲。

Listing Effect Boosts Demand

上市效應帶動需求

The listing on Upbit had a profound impact on PEPE's value. Bithumb saw an astonishing rise in PEPE's price within a minute, highlighting the influence of new exchange admissions. The mere availability of PEPE on major exchanges like Upbit ignited frenzied buying, sending valuations soaring.

Upbit的上市對PEPE的價值產生了深遠的影響。 Bithumb 看到 PEPE 價格在一分鐘內出現驚人上漲，凸顯了新交易所入場的影響。 PEPE 在 Upbit 等主要交易所上市就引發了瘋狂的購買，導致估值飆升。

Upbit Implements Safeguards

Upbit實施保障措施

To stabilize the chaotic market conditions, Upbit implemented temporary curbs at 11:30 am. These included purchase order limitations, minimum selling prices, and constraints on certain order styles. Despite these restraints, trading volume on Upbit reached an impressive 70 billion won within three hours, underscoring the strong investor appetite.

為了穩定混亂的市場行情，Upbit於上午11點30分實施了臨時限制。其中包括採購訂單限制、最低銷售價格以及某些訂單樣式的限制。儘管有這些限制，Upbit 的交易量在三個小時內就達到了令人印象深刻的 700 億韓元，凸顯了投資者的強烈興趣。

Market Sentiment and Broader Economic Factors

市場情緒和更廣泛的經濟因素

Part of the bullish sentiment was attributed to wider market sentiment, which improved due to surging Bitcoin prices and a rebounding global economy. Encouraging unemployment figures and strong corporate earnings fueled speculative appetite, adding to the initial fervor surrounding the PEPE listing.

看漲情緒部分歸因於更廣泛的市場情緒，由於比特幣價格飆升和全球經濟反彈，市場情緒有所改善。令人鼓舞的失業率數據和強勁的企業盈利刺激了投機興趣，加劇了最初圍繞 PEPE 上市的熱情。

Surge Subsides, Prices Stabilize

激增消退，物價穩定

However, exuberance proved short-lived. After the initial buying frenzy, transaction volumes and valuations on Upbit and Bithumb stabilized. Prices eventually settled 20% above pre-listing levels as the initial zeal dissipated. A similar pattern occurred internationally, with PEPE valuations spiking and retreating.

然而，繁榮卻是短暫的。在最初的購買狂潮之後，Upbit 和 Bithumb 的交易量和估值趨於穩定。隨著最初的熱情消退，價格最終比上市前的水平上漲了 20%。國際上也出現了類似的情況，PEPE 估值飆升然後回落。

Caution Among Speculators

投機者需謹慎

The abrupt price fluctuations have left traders wary. While Upbit's listing provided temporary momentum, sustaining its value over the long-term remains uncertain. Digital novelty coins often experience sharp rallies driven by hype, only to see prices deflate rapidly once enthusiasm subsides.

價格的突然波動讓交易者保持警覺。雖然 Upbit 的上市提供了暫時的動力，但長期維持其價值仍存在不確定性。數位新奇硬幣經常在炒作的推動下經歷大幅上漲，但一旦熱情消退，價格就會迅速下跌。

Mixed Outlook for PEPE

PEPE 前景喜憂參半

Despite the pullback, the Upbit listing has increased PEPE's visibility in the South Korean retail market. As interest in speculative digital assets grows, PEPE could see renewed interest in the future. However, the recent volatility highlights the inherent risks of meme coin investments.

儘管股價有所回落，Upbit 的上市還是提高了 PEPE 在韓國零售市場的知名度。隨著人們對投機性數位資產的興趣不斷增長，PEPE 未來可能會重新受到關注。然而，近期的波動凸顯了模因幣投資的固有風險。

Caution Recommended in Crypto Gambling

加密貨幣賭博建議謹慎

The wild swings in PEPE's valuation underscore the danger of betting on joke cryptocurrencies, which can be heavily influenced by exchange listings and sudden shifts in sentiment. While the potential for quick returns attracts many traders, the extreme volatility ensures that values can fall just as rapidly. Extreme caution is strongly advised for those considering meme coin investments.

PEPE 估值的大幅波動凸顯了押注於玩笑加密貨幣的危險，而這種加密貨幣可能會受到交易所上市和情緒突然變化的嚴重影響。雖然快速回報的潛力吸引了許多交易者，但極端的波動性確保了價值也可能迅速下跌。強烈建議那些考慮投資模因幣的人極度謹慎。

Can PEPE Maintain Momentum?

PEPE 能否保持勢頭？

Upbit's listing has ignited a renewed interest in PEPE, but sustaining this energy may be challenging without robust market catalysts. Like many other joke cryptos, PEPE's future likely depends on a combination of overarching trends, social media influence, and potential listings on additional major platforms. The astronomical rise and subsequent retreat serve as a reminder of the highly speculative nature of meme coin investing.

Upbit 的上市重新點燃了人們對 PEPE 的興趣，但如果沒有強勁的市場催化劑，維持這種活力可能會具有挑戰性。與許多其他笑話加密貨幣一樣，PEPE 的未來可能取決於整體趨勢、社交媒體影響力以及其他主要平台上的潛在上市的組合。天文數字般的上漲和隨後的回落提醒人們，迷因幣投資具有高度投機性。