Pepe Coin Price Analysis

佩佩币价格分析

The fourth week of May witnessed a significant bullish trend for Pepe coin, with its price soaring from $0.00009 to $0.000016, marking a 79% increase. This rally was primarily attributed to the recent approval of spot Ethereum and Bitcoin approaching the $70,000 mark. However, this week, PEPE's recovery momentum has decelerated, accompanied by diminishing trading volumes, suggesting the potential onset of a corrective trend.

5 月第四周，Pepe 币出现明显看涨趋势，价格从 0.00009 美元飙升至 0.000016 美元，涨幅达 79%。此次上涨主要归因于近期以太坊和比特币现货价格逼近 70,000 美元大关。然而，本周，PEPE 的复苏势头有所放缓，伴随着交易量的减少，表明修正趋势可能开始。

Technical Analysis

技术分析

An analysis of the daily time frame reveals that the PEPE coin price has been experiencing a steady recovery for the past six weeks, supported by an ascending trendline. The formation of higher lows indicates an active accumulation trend, driving the memecoin from $0.00000393 to $0.000016, resulting in a 300% surge. However, with Bitcoin consolidating above $65,000 for an extended period, the altcoin market has exhibited signs of waning bullish momentum. PEPE coin has mirrored this trend, as evidenced by the formation of short-bodied candles and declining trading volume, indicating a potential slowdown in its upward trajectory.

对每日时间框架的分析表明，在上升趋势线的支撑下，PEPE 代币价格在过去六周内一直在稳步复苏。较高低点的形成表明了积极的积累趋势，推动 memecoin 从 0.00000393 美元上涨至 0.000016 美元，导致 300% 的飙升。然而，随着比特币长期在 65,000 美元上方盘整，山寨币市场已经显示出看涨势头减弱的迹象。 PEPE 代币反映了这一趋势，短实体蜡烛的形成和交易量下降就证明了这一点，表明其上升轨迹可能放缓。

On-Chain Analysis

链上分析

Spot On Chain, an on-chain tracker, has reported significant activity involving the PEPE token. The PEPE development team has sold 21.49 billion $PEPE ($355K) on Binance and DEXs after the token's price surged 134% in 30 days to a new all-time high (ATH). Since late February, the team has sold 282.8 billion $PEPE ($2.28M) at an average price of $0.000008067, often preceding price declines. The team currently holds 2.52 trillion $PEPE ($42.7M).

链上追踪器 Spot On Chain 报告了涉及 PEPE 代币的重大活动。 PEPE 的价格在 30 天内飙升 134% 达到历史新高 (ATH)，PEPE 开发团队已在 Binance 和 DEX 上售出 214.9 亿美元 PEPE（35.5 万美元）。自 2 月底以来，该团队已以 0.000008067 美元的平均价格出售了 2828 亿美元的 PEPE（228 万美元），通常在价格下跌之前。该团队目前持有 2.52 万亿美元 PEPE（4270 万美元）。

[Image: Pepe Coin Price Analysis | Tradingview]

[图片：佩佩币价格分析 |交易视图]

13 hours ago, @pepecoineth sold 21.49B $PEPE ($355K) via #Binance and #DEX after the price soared 134% (30D) to a new ATH! Since the price rose in late Feb, the PEPE dev team has sold 282.8B $PEPE at ~$0.000008067 ($2.28M), often before the price dropped 👇 Current holding:… pic.twitter.com/NKm4k0YvnL

13 小时前，@pepecoineth 通过 #Binance 和 #DEX 出售了 21.49B $PEPE ($355K)，价格飙升 134% (30D) 至新的 ATH！自 2 月底价格上涨以来，PEPE 开发团队已以约 $0.000008067（228 万美元）的价格出售了 282.8B $PEPE，通常是在价格下跌之前👇 目前持有：… pic.twitter.com/NKm4k0YvnL

— Spot On Chain (@spotonchain) May 28, 2024

— Spot On Chain (@spotonchain) 2024 年 5 月 28 日