Pepe Soars to All-Time High Amid Ethereum ETF Speculation

Pepe 在以太坊 ETF 投机中飙升至历史新高

Pepe surged to an all-time high with a 27% increase in just 24 hours, propelled by Ethereum's rise of 23.28% fueled by expectations of ETF approval by May 23. Among top memecoins, PEPE led the price increases, followed by BONK, Floki, and BOME.

Pepe 在 5 月 23 日 ETF 获得批准的预期推动下，以太坊上涨 23.28%，推动 Pepe 在短短 24 小时内上涨 27%，创下历史新高。在顶级 memecoin 中，PEPE 引领价格上涨，其次是 BONK、Floki和博梅。

Ethereum-Based Memecoin Project Pepe Surges

基于以太坊的 Memecoin 项目 Pepe 飙升

The Ethereum-based memecoin project Pepe saw its value soar to a record high, surging by 27% in the past 24 hours. This rise was sparked by speculation about the potential approval of spot Ethereum exchange-traded funds (ETFs) in the United States. According to crypto investor Matthew Hyland in his May 21 post, PEPE is considered a strong contender among memecoins as the Ethereum ETF approval process unfolds.

基于以太坊的 memecoin 项目 Pepe 的价值飙升至历史新高，在过去 24 小时内飙升 27%。这一上涨是由于对美国现货以太坊交易所交易基金（ETF）可能获得批准的猜测引发的。加密货币投资者 Matthew Hyland 在 5 月 21 日的帖子中表示，随着以太坊 ETF 审批流程的展开，PEPE 被认为是 memecoin 的有力竞争者。

Ethereum and Pepe Price Surge Amid ETF Speculation

以太坊和 Pepe 价格在 ETF 投机中飙升

Crypto investor and analyst Kaleo remarked on the intriguing movement of Ethereum, noting the newfound prominence of PEPE as a prominent trading pair in hindsight. Ethereum experienced a notable increase of 23.28% over the past two days, reaching $3,785. This surge came amidst revived optimism that the Securities and Exchange Commission (SEC) might approve Ethereum ETF funds by the May 23 deadline, surprising both analysts and the crypto industry.

加密货币投资者和分析师 Kaleo 评论了以太坊的有趣走势，并指出事后看来，PEPE 作为重要交易对的新地位。以太坊在过去两天大幅上涨 23.28%，达到 3,785 美元。这一激增是在美国证券交易委员会 (SEC) 可能在 5 月 23 日截止日期之前批准以太坊 ETF 基金的乐观情绪重燃之际，这让分析师和加密货币行业都感到惊讶。

PEPE's Price Performance and Analyst Predictions

PEPE 的价格表现和分析师预测

According to CoinMarketCap data, PEPE is currently trading at $0.00001387, marking a 23.48% rise in the last 24 hours. Crypto analyst and investor Plazma believes that PEPE's upward momentum will persist, although anticipating short-term volatility. In a statement on May 21, the respected analyst predicted:

根据 CoinMarketCap 数据，PEPE 目前交易价格为 0.00001387 美元，过去 24 小时内上涨 23.48%。加密货币分析师和投资者 Plazma 认为，尽管预计会出现短期波动，但 PEPE 的上升势头将持续存在。在 5 月 21 日的一份声明中，这位受人尊敬的分析师预测：

"PEPE's price discovery will continue in the coming weeks, with regular pauses and typical retracements. We anticipate reaching a 2x-3x increase within just a few weeks."

“PEPE 的价格发现将在未来几周内继续，并定期暂停和典型的回调。我们预计在短短几周内将达到 2 至 3 倍的涨幅。”

PEPE's Open Interest and Memecoin Market Trends

PEPE 的未平仓合约和 Memecoin 市场趋势

According to CoinGlass data, PEPE's Open Interest (OI), which gauges the total value of all outstanding futures contracts for PEPE on crypto exchanges, surged by 40% to $172.96 million within the last 24 hours. This increase in OI typically indicates growing investor confidence in taking future positions in the cryptocurrency, with a notable presence of long positions.

根据 CoinGlass 的数据，PEPE 的未平仓合约 (OI)（衡量加密货币交易所所有未平仓 PEPE 期货合约的总价值）在过去 24 小时内飙升 40% 至 1.7296 亿美元。 OI 的增加通常表明投资者对未来持有加密货币头寸的信心不断增强，多头头寸明显存在。

Also Read: Bitcoin Takes Big Steps in the Crypto World

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In the event that PEPE's price experiences a 6% decline, approximately $10 million in long positions could face liquidation. Despite potential risks, PEPE led the price surge among the top 10 memecoins by market capitalization over the past day.

如果 PEPE 的价格下跌 6%，大约 1000 万美元的多头头寸可能面临清算。尽管存在潜在风险，但过去一天，PEPE 在市值排名前 10 位的 memecoin 中引领价格飙升。

PEPE's Open Interest (OI) data. Source: CoinGlass

PEPE 的未平仓合约 (OI) 数据。来源：CoinGlass

Last week also saw significant gains for other leading memecoin projects. BONK rose by 40.80%, Floki by 21.94%, and Book of Memes (BOME) by 25.04%, showcasing a robust performance across the memecoin sector.

上周，其他领先的模因币项目也取得了显着的收益。 BONK 上涨 40.80%，Floki 上涨 21.94%，Book of Memes (BOME) 上涨 25.04%，展现了 memecoin 领域的强劲表现。

Important Note: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：请注意，本文仅旨在提供信息，不应被视为法律、税务、投资、财务或任何其他类型的建议。