Pepe Coin Surges 23% After VC Accumulates 141 Billion Tokens

风投累积 1410 亿枚代币后 Pepe Coin 飙升 23%

In a remarkable market development, Pepe coin experienced a significant rally of 23% on July 16, fueled by a massive accumulation of 141 billion PEPE tokens by venture capital firm Nascent.

在令人瞩目的市场发展中，在风险投资公司 Nascent 大量积累 1410 亿个 PEPE 代币的推动下，Pepe 币在 7 月 16 日经历了 23% 的大幅上涨。

Nascent's Massive Pepe Coin Purchase

Nascent 大量购买佩佩币

On-chain data from Lookonchain reveals that Nascent strategically swapped $3.41 million worth of MKR tokens for PEPE and LDO tokens. This accumulation resulted in Nascent holding a substantial 608.85 billion PEPE, valued at $7.49 million.

Lookonchain 的链上数据显示，Nascent 战略性地将价值 341 万美元的 MKR 代币换成了 PEPE 和 LDO 代币。这一积累导致 Nascent 持有大量 6088.5 亿个 PEPE，价值 749 万美元。

Pepe Coin's Resilience and Upside Potential

佩佩币的弹性和上涨潜力

Despite recent market downturns, Pepe coin has demonstrated resilience and potential for further gains. In this year's bull cycle, it reached an all-time high of $0.00001718. Today, it regained significant momentum, rising to $0.00001.

尽管最近市场低迷，佩佩币仍然表现出了韧性和进一步上涨的潜力。在今年的牛市周期中，它达到了 0.00001718 美元的历史新高。今天，它重新获得了显着的势头，升至 0.00001 美元。

Positive Market Sentiment

积极的市场情绪

The rally comes amid increased buying pressure from Nascent and favorable market sentiment. The derivatives market indicates an uptrend, with futures OI (open interest) surging 23.19% and volume increasing by 178.66%.

此次上涨是在新生购买压力增加和有利的市场情绪之际发生的。衍生品市场呈现上涨趋势，期货持仓量大幅增长23.19%，成交量增长178.66%。

Technical Analysis

技术分析

The Relative Strength Index (RSI) suggests slight bullish momentum, indicating potential for further buying. This, combined with the recent accumulation, paints an optimistic outlook for Pepe coin's price action.

相对强弱指数（RSI）显示出轻微的看涨势头，表明有进一步买盘的潜力。这与最近的积累相结合，为佩佩币的价格走势描绘了乐观的前景。

Market Watch

市场观察

However, investors should remain vigilant and monitor the token's movements, as the crypto market remains volatile.

然而，由于加密货币市场仍然不稳定，投资者应保持警惕并监控代币的走势。

Original Article Credit

原创文章来源

CoinGape

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