PEPE Coin Surges Amidst Bearish Market

PEPE 币在熊市中飙升

The memecoin PEPE has witnessed a significant upswing of over 14.78%, climbing from $0.00001008 to $0.00001157. Notably, PEPE's smart money deposited a substantial amount of tokens into Binance, amounting to $4.27 million.

memecoin PEPE 大幅上涨超过 14.78%，从 0.00001008 美元攀升至 0.00001157 美元。值得注意的是，PEPE 的智能资金将大量代币存入币安，金额达 427 万美元。

Despite the ongoing bearish trend in the cryptocurrency market, PEPE has emerged as a bright spot, particularly within the memecoin sector. This surge is evident in its market capitalization, which now stands at $4.89 billion, and its daily trading volume of $1 billion.

尽管加密货币市场持续看跌，但 PEPE 已成为一个亮点，特别是在 memecoin 领域。这一激增从其市值（目前为 48.9 亿美元）和每日交易量 10 亿美元（10 亿美元）中可见一斑。

Over the past 14 days, PEPE has been consolidating within a range of $0.00001087 and $0.0000143.

在过去 14 天里，PEPE 一直在 0.00001087 美元和 0.0000143 美元的区间内盘整。

Significant PEPE Transaction

重大 PEPE 交易

On June 18, a substantial transaction involving 1.15 trillion PEPE tokens (valued at $12.34 million) was identified by Whale Alert. This influx created selling pressure in the market.

6 月 18 日，Whale Alert 发现了一笔涉及 1.15 万亿 PEPE 代币（价值 1234 万美元）的大额交易。这种涌入给市场造成了抛售压力。

Furthermore, data from Lookonchain revealed that a major whale deposited 407.74 billion PEPE tokens ($4.27 million) into Binance at a break-even price. This suggests significant market movements but has not diminished investor confidence, as evidenced by PEPE's positive price trajectory.

此外，Lookonchain 的数据显示，一头大鲸鱼以盈亏平衡的价格向币安存入了 4077.4 亿个 PEPE 代币（427 万美元）。这表明市场出现重大波动，但并没有削弱投资者的信心，PEPE 的积极价格轨迹就证明了这一点。

Bullish Outlook

看涨前景

PEPE has remained above its simple moving average (SMA), indicating a potential continuation of its bullish trend. If this pattern persists, PEPE could rally further, potentially targeting its recent all-time high of $0.00001718, a gain of approximately 30-33%.

PEPE 仍高于其简单移动平均线（SMA），表明其看涨趋势可能会持续。如果这种模式持续下去，PEPE 可能会进一步反弹，有可能触及近期历史高点 0.00001718 美元，涨幅约为 30-33%。

However, a decline below $0.0000953 would invalidate the bullish outlook and could lead to a drop to $0.0000089 or even $0.0000076.

然而，跌破 0.0000953 美元将使看涨前景失效，并可能导致跌至 0.0000089 美元甚至 0.0000076 美元。

The cryptocurrency market remains volatile, but PEPE's recent performance underscores the dynamic nature of digital assets, particularly in the memecoin space.

加密货币市场仍然波动，但 PEPE 最近的表现凸显了数字资产的动态本质，尤其是在 memecoin 领域。