Pepe Coin Surges 200% in May, Outshining Dog-Themed Rivals

Pepe Coin 5 月份飙升 200%，超越以狗为主题的竞争对手

The ongoing meme coin phenomenon, led by the frog-themed Pepe (PEPE), has propelled the industry to a market capitalization of nearly $69 billion and an average daily trading volume exceeding $10 billion. The allure of trading these highly volatile digital assets has attracted a growing number of cryptocurrency investors to the meme coin market. Moreover, the high liquidity and demand have rewarded early investors in this sector over the past few months.

以青蛙为主题的 Pepe (PEPE) 引领的持续流行的 meme 币现象已推动该行业市值接近 690 亿美元，日均交易量超过 100 亿美元。交易这些高度波动的数字资产的吸引力吸引了越来越多的加密货币投资者进入模因币市场。此外，过去几个月，高流动性和需求给该行业的早期投资者带来了回报。

Pepe's Dominance Over Dog-Themed Meme Coins

佩佩在以狗为主题的模因硬币中占据主导地位

Pepe is the sole project among the top five most valuable meme coins that is not inspired by dogs. Notably, it has outperformed most of its rivals in recent weeks, surging into a price discovery phase.

Pepe 是前五名最有价值的模因币中唯一一个不是受狗启发的项目。值得注意的是，最近几周它的表现优于大多数竞争对手，进入了价格发现阶段。

After an impressive 200% rally since early May, Pepe's weekly Relative Strength Index (RSI) has stabilized above 70, suggesting that bullish momentum is strong.

自 5 月初以来令人印象深刻的 200% 反弹之后，佩佩的每周相对强弱指数 (RSI) 已稳定在 70 以上，表明看涨势头强劲。

Crypto Rover, a renowned crypto analyst on the X platform, has observed that Pepe's price action on higher time frames closely resembles Dogecoin's (DOGE) price action in 2021.

X 平台上的著名加密货币分析师 Crypto Rover 观察到，Pepe 在较长时间范围内的价格走势与狗狗币 (DOGE) 在 2021 年的价格走势非常相似。

Reasons to Consider Investing in PEPE

考虑投资 PEPE 的理由

After significant gains in the past two weeks, PEPE's price is currently undergoing a correction. With a fully diluted valuation of approximately $6.3 billion and an average daily trading volume of about $1.4 billion, the mid-cap meme coin boasts over 234,000 users.

经过过去两周的大幅上涨后，PEPE 的价格目前正在经历调整。这款中型 Meme 币的完全稀释估值约为 63 亿美元，日均交易量约为 14 亿美元，拥有超过 234,000 名用户。

Consequently, the Pepe community has garnered attention from prominent cryptocurrency exchanges such as Binance and Coinbase.

因此，Pepe 社区吸引了 Binance 和 Coinbase 等知名加密货币交易所的关注。

Recent Developments and Adoption

最新发展和采用

Robinhood Crypto EU has announced a half-a-million Pepe airdrop as part of its recent adoption efforts.

Robinhood Crypto EU 宣布空投 50 万枚 Pepe，作为其近期采用努力的一部分。