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PEPE, the frog-themed meme coin project, is eclipsing all rivals on the market, having recently surpassed its all-time-high (ATH) price. At the time of writing, PEPE is showcasing a 22.41% surge in the past 24 hours, reaching $0.00001356. This current outlook is a slight backtrack from the recent ATH of $0.00001422 registered a few hours ago.

PEPE 是一个以青蛙为主题的 meme 硬币项目，正在超越市场上的所有竞争对手，最近超过了其历史最高价格 (ATH)。截至撰写本文时，PEPE 在过去 24 小时内飙升 22.41%，达到 0.00001356 美元。当前的前景较几个小时前记录的最新 ATH 0.00001422 美元略有回落。

PEPE is a major beneficiary of the current bull market cycle. An X-ray of its growth reveals a major meme coin outlier aiming to challenge the dominance of both Dogecoin (DOGE) and Shiba Inu (SHIB). In addition to its 24-hour growth, PEPE has soared by another 22.36% in the trailing seven-day period.

PEPE是当前牛市周期的主要受益者。其增长的 X 射线揭示了一个主要的模因硬币异常值，旨在挑战狗狗币 (DOGE) 和柴犬 (SHIB) 的主导地位。除了24小时的增长外，PEPE在过去7天内又飙升了22.36%。

Over the past month, PEPE has managed to outperform the market and the average meme coin with a 107% surge to date. With this general outlook, PEPE is now trading well above its 50, 100, and 200-day EMA, underscoring its extremely bullish positioning. PEPE/USDT 1D Chart. Source: TradingView

在过去的一个月里，PEPE 的表现超越了市场和 meme 币的平均水平，迄今为止飙升了 107%。考虑到这一总体前景，PEPE 目前的交易价格远高于 50、100 和 200 日均线，凸显了其极度看涨的定位。 PEPE/USDT 一维图表。来源：TradingView

While the massive rally in the price of PEPE spells a good omen, there might be a reversal moving on to underscore a cool-off period. However, to cushion this possibility, the PEPE community will need to sustain the 71% surge in the trading volume pegged at $4,381,864,123. This equates to roughly 32.9 trillion PEPE exchanged on the market overnight.

虽然 PEPE 价格的大幅上涨是一个好兆头，但可能会出现逆转，强调冷静期。然而，为了缓解这种可能性，PEPE 社区将需要维持交易量 71% 的飙升，达到 4,381,864,123 美元。这相当于隔夜市场上交换的 PEPE 约为 32.9 万亿。

When PEPE became popular in early 2023, many had doubts about its longevity, especially as it took a different stance from the dog themes that DOGE and SHIB are known for. Despite the skepticism, PEPE has continued to outperform, becoming the first of the major meme coins to retest its ATH post-crypto winter.

当 PEPE 在 2023 年初流行时，许多人对其寿命表示怀疑，特别是因为它采取了与 DOGE 和 SHIB 闻名的狗主题不同的立场。尽管存在质疑，PEPE 的表现仍继续跑赢大盘，成为第一个重新测试其 ATH 后加密冬天的主要 meme 代币。

One major hurdle now lies ahead for PEPE, and this involves its lack of a specific utility pivot. Unlike Shiba Inu with Shibarium and BONK's relevance with Solana Mobile, PEPE is still highly speculative despite its recent successes.

PEPE 现在面临一个主要障碍，即缺乏特定的公用事业枢纽。与 Shiba Inu 与 Shibarium 以及 BONK 与 Solana Mobile 的相关性不同，PEPE 尽管最近取得了成功，但仍然具有高度的投机性。