PEPE Memecoin Suffers Significant Price Decline

PEPE Memecoin 价格大幅下跌

PEPE, a frog-based memecoin, has experienced a notable drop in price, falling by 10.20% in the last 24 hours. Coinglass data indicates that the token has witnessed outflows amounting to $3.96 million.

PEPE 是一种基于青蛙的 memecoin，价格大幅下跌，在过去 24 小时内下跌了 10.20%。 Coinglass 数据显示，该代币的资金外流金额已达 396 万美元。

Market Slump Impacts Memecoins

市场低迷影响 Memecoin

Amidst the ongoing market downturn, memecoins like PEPE have also faced price declines. PEPE's daily price chart shows a drop to $0.00000842 at the time of writing, marking a 29.62% loss in the past week. The overall crypto market decline has contributed to the bearish trend for PEPE.

在市场持续低迷的情况下，PEPE 等模因币也面临价格下跌。 PEPE 的每日价格图表显示，截至撰写本文时，PEPE 已跌至 0.00000842 美元，过去一周下跌 29.62%。加密货币市场的整体下滑导致了 PEPE 的看跌趋势。

Long-Term Outlook Remains Positive

长期前景依然乐观

Despite the short-term price drop, PEPE's year-to-date (YTD) price hike remains impressive at 546.15%. The token's Relative Strength Index (RSI) stands at 34.26, indicating strong selling sentiment. However, market analysts maintain a positive outlook for PEPE, projecting a bullish price of $0.00004965 in 2024.

尽管短期价格下跌，PEPE 今年迄今 (YTD) 的价格涨幅仍然令人印象深刻，达到 546.15%。该代币的相对强度指数（RSI）为 34.26，表明抛售情绪强劲。然而，市场分析师仍对 PEPE 持乐观态度，预计 2024 年价格将上涨至 0.00004965 美元。

24-Hour Price Analysis

24小时价格分析

On July 7th, PEPE opened at $0.0000090 and faced modest declines throughout the day, reaching an intra-day low of $0.000009085. By July 8th, the price had dropped further to $0.0000089 and continued to slide, finding support at $0.0000083. A momentary 7-week low of $0.00000775 was also recorded within the past 24 hours.

7 月 7 日，PEPE 开盘价为 0.0000090 美元，全天小幅下跌，盘中低点为 0.000009085 美元。到 7 月 8 日，价格进一步跌至 0.0000089 美元，并继续下滑，在 0.0000083 美元处找到支撑。过去 24 小时内还创下 0.00000775 美元的短暂 7 周低点。

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