Pepe Price Declines Amid Crypto Market Downturn

加密货币市场低迷期间佩佩价格下跌

Pepe's price has endured a significant downturn with the overall sentiment in the cryptocurrency market deteriorating.

随着加密货币市场整体情绪恶化，Pepe 的价格大幅下跌。

The token has plummeted nearly 40% since its peak in June, resulting in a market capitalization of $4.5 billion, a sharp decline from its year-to-date high of $7.1 billion.

该代币自 6 月份的峰值以来已暴跌近 40%，市值为 45 亿美元，较年初至今的高点 71 亿美元大幅下滑。

This decline coincides with many cryptocurrencies facing intense selling pressure. Bitcoin has plunged from $72,000 in June to $60,000.

此次下跌恰逢许多加密货币面临巨大的抛售压力。比特币已从 6 月份的 72,000 美元暴跌至 60,000 美元。

Other meme coins have also experienced double-digit losses, including MOTHER, JASON, and Dogwifhat.

其他模因币也经历了两位数的损失，包括 MOTHER、JASON 和 Dogwifhat。

Despite the decline, Pepe's price action exhibits some positive fundamentals. Open interest in the futures market has remained stable, hovering around $131 million.

尽管价格下跌，但佩佩的价格走势显示出一些积极的基本面。期货市场持仓量保持稳定，徘徊在1.31亿美元左右。

Pepe's daily volume also surpasses other altcoins such as Dogecoin and Shiba Inu, consistently exceeding $500,000. This makes it the most popular meme coin in the industry.

Pepe 的每日交易量也超过了狗狗币和柴犬等其他山寨币，持续超过 50 万美元。这使其成为业内最受欢迎的模因币。

Additionally, Pepe boasts a wide distribution with over 254,577 holders. The largest address possesses 92.9 trillion tokens valued at $967 million, while the second holds 19.9 million tokens worth $207 million.

此外，Pepe 拥有广泛的发行范围，拥有超过 254,577 个持有者。最大的地址拥有 92.9 万亿个代币，价值 9.67 亿美元，而第二个地址拥有 1990 万个代币，价值 2.07 亿美元。

There is growing optimism among Pepe enthusiasts that the token will recover. A significant whale transfer of $14.7 million worth of Pepe tokens to an unknown wallet on July 2 indicates speculative anticipation of a comeback.

Pepe 爱好者对代币的复苏越来越乐观。 7 月 2 日，巨鲸将价值 1470 万美元的 Pepe 代币转移到一个未知的钱包，这表明人们对卷土重来的投机预期。

Pepe's history suggests that it has the potential to rebound from bear markets. In April 2024, it experienced a 62% decline but subsequently recovered and reached an all-time high.

佩佩的历史表明它有潜力从熊市中反弹。 2024年4月，下跌62%，但随后回升并创历史新高。

Technically, Pepe has found support at its 100-day Exponential Moving Average (EMA). However, a breach of this level could indicate further losses before the anticipated recovery.

从技术上讲，Pepe 在 100 日指数移动平均线 (EMA) 处找到了支撑。然而，突破这一水平可能表明在预期复苏之前还会出现进一步的损失。