Pepe (PEPE) Surges to Become Third Most Valuable Meme Coin

Pepe (PEPE) 飙升至第三大最有价值的 Meme 币

The frog-themed meme coin Pepe (PEPE) has garnered significant retail attention, dethroning dogwifhat (WIF) as the third most valuable meme coin by market capitalization.

以青蛙为主题的 meme 币 Pepe (PEPE) 吸引了散户的广泛关注，取代了dogwifhat (WIF)，成为按市值计算第三大最有价值的 meme 币。

Pepe's daily trading volume has reached a staggering $3 billion, surpassing even Dogecoin (DOGE).

Pepe 的日交易量已达到惊人的 30 亿美元，甚至超过了狗狗币（DOGE）。

Ethereum Ecosystem at a Tipping Point

以太坊生态系统正处于临界点

The Ethereum ecosystem is at a critical juncture, with the final decision on VanEck's spot Ether ETF in the United States imminent.

以太坊生态系统正处于关键时刻，VanEck 在美国的现货以太 ETF 的最终决定即将到来。

Pepe's Rise: Driving Forces

佩佩的崛起：驱动力

Amidst the current altcoin craze, fueled by speculation surrounding the potential approval of a spot Ethereum ETF, Pepe has captured the attention of retail investors.

在当前山寨币热潮中，由于围绕以太坊 ETF 现货可能获得批准的猜测，Pepe 吸引了散户投资者的注意。

Pepe's rise to a new all-time high is attributed to its high liquidity, with over $60 million in WETH (Wrapped Ethereum). This liquidity facilitates seamless trading for both whales and retail traders.

Pepe 的崛起归功于其高流动性，WETH（Wrapped Ethereum）的流动性超过 6000 万美元。这种流动性促进了鲸鱼和零售交易者的无缝交易。

Ethereum Ecosystem Dynamics

以太坊生态系统动态

The recent cash rotation from Bitcoin to Ethereum has benefited Ether-based altcoins, including Pepe.

最近从比特币到以太坊的现金轮换使包括 Pepe 在内的基于以太坊的山寨币受益。

Early Pepe Investors Liquidate Holdings

佩佩早期投资者清算所持股份

On-chain analysts have detected early Pepe investors actively liquidating their holdings. One notable transaction involved a single trader depositing over 201 billion Pepe tokens into the Bybit exchange.

链上分析师发现佩佩的早期投资者正在积极清算所持股份。一项值得注意的交易涉及一名交易员将超过 2010 亿个 Pepe 代币存入 Bybit 交易所。

Another early investor deposited over 182 billion Pepe tokens into Binance, realizing a profit of $3.4 million from an initial investment of $462.

另一位早期投资者将超过 1820 亿个 Pepe 代币存入币安，从 462 美元的初始投资中实现了 340 万美元的利润。