Pepe Coin Witnesses Notable Price Surge

Pepe Coin 见证了显着的价格飙升

Ethereum-based memecoin Pepe (PEPE) has experienced a significant price surge, reaching an all-time high amidst remarkable market activity. Within the past 24 hours, PEPE's value has climbed by 24.65% to $0.00001383, propelling its market capitalization to $5.82 billion and securing its position as the 21st largest cryptocurrency. This upward momentum has shifted investor attention from established memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) towards PEPE.

基于以太坊的 memecoin Pepe (PEPE) 经历了显着的价格飙升，在引人注目的市场活动中达到了历史新高。在过去的 24 小时内，PEPE 的价值上涨了 24.65% 至 0.00001383 美元，使其市值达到 58.2 亿美元，并巩固了其第 21 大加密货币的地位。这种上升势头已将投资者的注意力从狗狗币 (DOGE) 和柴犬 (SHIB) 等成熟的 memecoin 转向 PEPE。

PEPE Gains Traction

PEPE 受到关注

In conjunction with its price increase, PEPE's trading volume has also witnessed a substantial surge, rising by 89.75% to $4.43 billion. This volume represents an impressive 76.14% of its market cap. Notably, PEPE's circulating supply remains constant at its maximum and total supply of 420.69 trillion units, reflecting strong market sentiment towards the altcoin's sustained growth.

伴随着价格的上涨，PEPE的交易量也大幅飙升，上涨89.75%至44.3亿美元。这一交易量占其市值的 76.14%，令人印象深刻。值得注意的是，PEPE 的流通供应量保持在最高水平，总供应量为 420.69 万亿单位，反映出市场对山寨币持续增长的强烈情绪。

This week, PEPE has exhibited a pronounced upward trend fueled by bullish momentum. Over the past week, its price has risen by more than 20%, while on a monthly basis, the increase has exceeded 120%, indicating a consistent upward trajectory. This trend suggests robust trading activity and growing demand for the Ethereum-based asset.

本周，在看涨势头的推动下，PEPE 呈现出明显的上涨趋势。过去一周，其价格上涨超过20%，而按月计算，涨幅已超过120%，显示出持续上涨的轨迹。这一趋势表明交易活动强劲，并且对基于以太坊的资产的需求不断增长。

Technical Indicators Signal Bullish Trend

技术指标显示看涨趋势

According to data from CoinGlass, PEPE's Open Interest (OI) has witnessed a significant increase over the last 24 hours, drawing considerable attention. This increase, representing the aggregate value of all PEPE futures contracts on cryptocurrency exchanges, signifies growing investor confidence. The emergence of a substantial number of long positions further supports the bullish trend. Speculations surrounding the potential approval of at least one spot Ethereum ETF in the US have served as the primary catalyst for this surge.

CoinGlass数据显示，过去24小时PEPE持仓量（OI）大幅增长，备受关注。这一增长代表了加密货币交易所所有 PEPE 期货合约的总价值，表明投资者信心不断增强。大量多头头寸的出现进一步支撑了看涨趋势。围绕美国至少一只现货以太坊 ETF 可能获得批准的猜测是这一飙升的主要催化剂。

For the PEPE/USD chart, various technical indicators reveal bullish momentum. The Awesome Oscillator (AO) displays a bullish signal with green bars in recent sessions. The Moving Average Convergence Divergence (MACD) indicator indicates a positive trend, with the MACD line remaining above the signal line, suggesting potential upward movement. The Relative Strength Index (RSI) stands at 75.67, indicating that PEPE is currently overbought and hinting at a potential price correction. The Average Directional Index (ADX) is at 34.50, signifying a relatively strong trend.

对于 PEPE/USD 图表，各种技术指标都显示出看涨势头。真棒振荡器 (AO) 在最近几个交易日显示出带有绿色条的看涨信号。平滑异同移动平均线（MACD）指标显示出积极的趋势，MACD 线保持在信号线上方，表明潜在的上行趋势。相对强弱指数 (RSI) 为 75.67，表明 PEPE 目前处于超买状态，并暗示潜在的价格调整。平均方向指数（ADX）为34.50，表明趋势相对强劲。

In summary, PEPE has experienced significant price and market activity increases driven by bullish momentum and investor confidence. The altcoin may realize potential gains by breaching critical resistance levels, though the RSI suggests a potential price correction. Amidst positive broader market sentiment fueled by speculations surrounding spot Ethereum ETFs, PEPE is anticipated to maintain its upward trajectory towards potential targets of $0.00003 and $0.00005 if the bullish momentum persists.

总之，在看涨势头和投资者信心的推动下，PEPE 经历了价格和市场活动的大幅增长。尽管 RSI 表明潜在的价格调整，但山寨币可能会通过突破关键阻力位来实现潜在收益。在围绕现货以太坊 ETF 的猜测推动了更广泛的市场积极情绪的推动下，如果看涨势头持续下去，PEPE 预计将保持其上升趋势，达到 0.00003 美元和 0.00005 美元的潜在目标。

The news was initially published on COINTURK NEWS: Pepe Coin Sees Significant Price Surge

该消息最初发布在 COINTURK NEWS 上：Pepe Coin 价格大幅上涨