Market Rise Propels Altcoins, Especially Memecoins

市场上涨推动山寨币，尤其是 Memecoin

The market surge has brought substantial gains to numerous altcoins, particularly memecoin projects. Among them, Pepe has emerged as a frontrunner. At the time of writing, the frog-themed memecoin stands at $0.000011, representing a 20.13% surge in the past 24 hours.

市场激增给众多山寨币带来了可观的收益，尤其是模因币项目。其中，佩佩成为领跑者。截至撰写本文时，青蛙主题 memecoin 的价格为 0.000011 美元，在过去 24 小时内飙升了 20.13%。

Understanding PEPE's Performance

了解 PEPE 的性能

Blockchain data analyst Santiment attributes PEPE's price increase to the price-DAA divergence. DAA (Daily Active Addresses) measures user interaction with a cryptocurrency. During the market downturn, PEPE's price-DAA divergence was negative, indicating low participation as prices declined. However, this changed after July 11th, when PEPE's price began to ascend.

区块链数据分析师 Santiment 将 PEPE 的价格上涨归因于价格与 DAA 的背离。 DAA（每日活跃地址）衡量用户与加密货币的交互。在市场低迷期间，PEPE 的价格与 DAA 背离为负，表明随着价格下跌，参与度较低。然而，这种情况在7月11日之后发生了变化，当时PEPE的价格开始上涨。

As prices rise, more market participants tend to invest in cryptocurrencies. The 64.29% increase in active addresses suggests that participants are increasingly valuing and purchasing the memecoin project.

随着价格上涨，更多的市场参与者倾向于投资加密货币。活跃地址增长 64.29% 表明参与者越来越重视和购买 memecoin 项目。

Technical Analysis of PEPE

PEPE技术分析

The daily PEPE/USD chart indicates continued bullish momentum as evidenced by the Relative Strength Index (RSI). The RSI measures momentum by assessing the magnitude and velocity of price fluctuations. Investors use it to detect overbought or oversold conditions. An RSI value above 70.00 suggests overbought conditions, while a value below 30.00 signifies oversold conditions.

每日 PEPE/美元图表表明，相对强弱指数 (RSI) 证明了持续的看涨势头。 RSI 通过评估价格波动的幅度和速度来衡量动量。投资者用它来检测超买或超卖情况。 RSI 值高于 70.00 表明超买情况，而 RSI 值低于 30.00 则表明超卖情况。

Currently, PEPE's RSI at 60.10 reflects increasing momentum. If this trend continues, it could lead to higher prices identified by the Fibonacci retracement indicator. This indicator predicts potential price reversal or support levels.

目前，PEPE 的 RSI 为 60.10，反映出上涨势头。如果这种趋势持续下去，可能会导致斐波那契回撤指标确定的价格上涨。该指标预测潜在的价格反转或支撑位。

The Fibonacci levels of 0.236, 0.382, 0.618, and 0.786 are significant. As per the chart, if buying interest intensifies, PEPE's immediate target could be a retest of $0.000012 and a potential rise to $0.000014. Conversely, if investors choose to lock in profits, the memecoin's price may retreat to $0.000010.

斐波那契水平 0.236、0.382、0.618 和 0.786 非常重要。根据图表，如果购买兴趣增强，PEPE 的直接目标可能是重新测试 0.000012 美元，并可能上涨至 0.000014 美元。相反，如果投资者选择锁定利润，memecoin 的价格可能会回落至 0.000010 美元。