Pepe Price Surges, Outperforming Memecoin Rivals

Pepe 价格飙升，表现优于 Memecoin 竞争对手

On Wednesday, Pepe (PEPE) soared by 8.2%, hitting a high of $0.00001308—its peak since June 26th.

周三，佩佩 (PEPE) 飙升 8.2%，触及 0.00001308 美元的高点，这是自 6 月 26 日以来的最高点。

Volume Surge and Open Interest Increase

交易量激增和持仓量增加

Pepe's rally was accompanied by high trading volume, reaching $1.6 billion in the past 24 hours. This surpasses the combined volume of Dogecoin and Shiba Inu.

佩佩的上涨伴随着高交易量，在过去 24 小时内达到 16 亿美元。这超过了狗狗币和柴犬的总交易量。

Open interest in Pepe futures also reached its highest level since June 7th, exceeding $155 million.

Pepe期货的未平仓合约也达到6月7日以来的最高水平，超过1.55亿美元。

Whale Accumulation and Holder Growth

鲸鱼的积累和持有者的成长

Data indicates that whales have been accumulating Pepe tokens, contributing to the sustained rise of over 72% from its monthly low. Etherscan data shows a continuous increase in Pepe holders, reaching over 264,000 on Wednesday.

数据显示，鲸鱼一直在积累 Pepe 代币，导致其从月度低点持续上涨超过 72%。 Etherscan 数据显示 Pepe 持有者持续增加，周三达到 264,000 多人。

Bullish Market Sentiment and Patterns

看涨的市场情绪和模式

The rise in Pepe's value may be attributed to the shift towards "greed" in the crypto market following the Ethereum ETF approval. Meme coins tend to perform well in such market conditions.

Pepe 价值的上涨可能归因于以太坊 ETF 获批后加密市场转向“贪婪”。 Meme 币在这样的市场条件下往往表现良好。

Analysts' Bullish Outlook

分析师看涨前景

Crypto analysts have observed bullish patterns in Pepe's price chart, including an inverse head and shoulders formation and a bullish flag pattern.

加密货币分析师观察到佩佩价格图表中的看涨模式，包括反向头肩形态和看涨旗形模式。

Outperforming Rival Memecoins

超越竞争对手 Memecoin

Since 2023, Pepe has been one of the top-performing cryptocurrencies, surging by almost 800% in the past year—outpacing Dogecoin, Shiba Inu, and Ethereum.

自 2023 年以来，Pepe 一直是表现最好的加密货币之一，在过去一年中飙升了近 800%，超过了狗狗币、柴犬和以太坊。

Competition from Solana Memecoins

来自 Solana Memecoins 的竞争

However, Pepe faces stiff competition from Solana-based meme coins like Dogwifhat, Popcat, and Cat in a dogs world.

然而，Pepe 面临着基于 Solana 的模因币的激烈竞争，例如 Dogwifhat、Popcat 和狗世界中的 Cat。