The post PEPE Price on the Verge of a 3x Rally: Here Are the Potential High Levels appeared first on Coinpedia Fintech News
Leading frog-themed meme coin, Pepe (PEPE), rallied over 17 percent on Tuesday during the early New York session, trading around $0.00000773. The mid-cap meme coin, with a fully diluted valuation of approximately $3.25 billion at the time of this report, experienced a 40 percent surge in trading volume over the past 24 hours.
Why Is Pepe Price Surging?
Following the Bitcoin halving last weekend, investors have been diversifying their crypto investments into speculative assets, particularly meme coins. Market data from Coingecko indicates that the total market cap for top meme coins has increased by approximately 6 percent to about $58.3 billion.
Leading meme coins, including Pepe, Floki, and Bonk, have surged nearly 20 percent.
Meanwhile, Coinbase International announced that its 1000PEPE-PERP market is fully available for trading following its recent listing. This recognition by Coinbase is a significant milestone that will expose the meme coin to a broader global market.

后 PEPE 价格即将上涨 3 倍：这里是潜在的高位首先出现在 Coinpedia 金融科技新闻领先的青蛙主题模因代币 Pepe (PEPE) 在周二纽约早盘期间上涨了 17% 以上，交易围绕0.00000773 美元。在本报告发布时，这款中型 Meme 币的完全摊薄后估值约为 32.5 亿美元，过去 24 小时内交易量激增 40%。 为什么 Pepe 价格飙升？继上周末比特币减半之后，投资者一直在将他们的加密货币投资多元化到投机资产，特别是模因币。 Coingecko 的市场数据显示，顶级 meme 币的总市值增长了约 6%，达到约 583 亿美元。包括 Pepe、Floki 和 Bonk 在内的领先 meme 币已飙升近 20%。同时，Coinbase International 宣布其1000PEPE-PERP 市场近期上市后已全面开放交易。 Coinbase 的这一认可是一个重要的里程碑，它将让 meme 币走向更广阔的全球市场。

Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/hO32wARVFu— Coinbase International Exchange (@CoinbaseIntExch) April 23, 2024

我们的 1000PEPE-PERP 市场现已在 Coinbase International Exchange 和 Coinbase Advanced 上处于完全交易模式。限价、市价、止损和止损限价订单现已全部可用。 pic.twitter.com/hO32wARVFu — Coinbase 国际交易所 (@CoinbaseIntExch) 2024 年 4 月 23 日

PEPE Price Rally
Today's spike signals Pepe's price attempting to break out of a recent correction and reach a new all-time high. According to crypto analyst Captain Faibik, PEPE is well-positioned for another 2-3x rally in the coming weeks. Notably, Pepe is already in price discovery mode on the weekly time frame following the bullish breakout earlier this year.

PEPE 价格上涨今天的飙升表明 Pepe 的价格试图突破最近的调整并达到新的历史高点。根据加密货币分析师 Captain Faibik 的说法，PEPE 处于有利地位，将在未来几周内再次上涨 2-3 倍。值得注意的是，继今年早些时候的看涨突破之后，佩佩已经在每周时间框架内处于价格发现模式。

$PEPE #PEPE Looks Pretty Solid for Another 2-3x Bullish Rally. pic.twitter.com/1Y4DRvWLWg— Captain Faibik (@CryptoFaibik) April 23, 2024

$PEPE #PEPE 看起来相当稳健，有望迎来另一次 2-3 倍的看涨反弹。 pic.twitter.com/1Y4DRvWLWg — Faibik 队长 (@CryptoFaibik) 2024 年 4 月 23 日

However, Pepe's price must consistently close above the daily falling logarithmic trend to invalidate further correction in the near term. Nonetheless, the next crypto market phase will be heavily influenced by Bitcoin's price action, as has been the case in previous major bull cycles.

然而，佩佩的价格必须始终收盘于日下降对数趋势之上，才能使短期内的进一步调整无效。尽管如此，加密货币市场的下一个阶段将受到比特币价格走势的严重影响，就像之前的主要牛市周期一样。