The entire crypto market has experienced a resurgence, rekindling hopes for an altcoin rally. Meme tokens have emerged as the initial and most significant movers in this upswing.

整个加密市场经历了复苏，重新点燃了山寨币反弹的希望。 Meme 代币已成为这一上涨的最初也是最重要的推动者。

Riding on sheer memetic momentum, Pepe (PEPE) has witnessed a remarkable recovery in the past day, surging by nearly 20%. PEPE has attained record valuations, but its trajectory may encounter resistance at this juncture. Nonetheless, the community anticipates the commencement of another price discovery phase with boundless potential.

凭借纯粹的模因动力，Pepe (PEPE) 在过去的一天里出现了显着的复苏，飙升了近 20%。 PEPE 的估值已创历史新高，但目前其发展轨迹可能会遇到阻力。尽管如此，社区预计另一个具有无限潜力的价格发现阶段即将开始。

PEPE has experienced an additional 22.95% gain in a single day and a 25% increase week-over-week. The meme token is currently trading at $0.00001036, an all-time high following a 50% recovery from previous losses. Such price fluctuations are not uncommon within the extremely low price range. However, PEPE transcends mere token pumping; it serves as an indicator of renewed energy within the crypto market.

PEPE 单日上涨 22.95%，周环比上涨 25%。 Meme 代币目前的交易价格为 0.00001036 美元，在从之前的损失中恢复 50% 后创下历史新高。在极低的价格区间内，这种价格波动并不罕见。然而，PEPE 超越了单纯的代币抽水；它是加密货币市场新活力的指标。

PEPE is fully circulating, with 100% of its supply in active distribution. It ranks among the most actively traded tokens, with close to half of its supply changing hands within a 24-hour period. The token enjoys strong support from its dedicated community, which prioritizes holding, facilitating its recovery from price lows.

PEPE已全面流通，100%供应量处于主动分配状态。它是交易最活跃的代币之一，近一半的供应量在 24 小时内易手。该代币得到了其专业社区的大力支持，该社区优先考虑持有，有助于其从价格低点复苏。

Decentralized trading options for PEPE are limited, with less than 1% of its volume occurring on Uniswap. Despite this, PEPE has established a presence on smaller DeFi protocols, bridges, and lending platforms. PEPE holders may opt to refrain from immediate profit-taking, perceiving the token as an instrumental asset for future growth and brand enhancement.

PEPE 的去中心化交易选择有限，Uniswap 上的交易量不到 1%。尽管如此，PEPE 已经在较小的 DeFi 协议、桥梁和借贷平台上建立了影响力。 PEPE 持有者可能会选择避免立即获利了结，将代币视为未来增长和品牌提升的工具资产。

Can PEPE Eliminate Another Zero?

PEPE能消除另一个零吗？

The recent PEPE rally has exhibited no signs of abating. The question arises whether PEPE is poised to shed another zero if the altcoin and meme coin boom persists.

最近的 PEPE 反弹并没有显示出减弱的迹象。问题是，如果山寨币和迷因币的繁荣持续下去，PEPE 是否准备好再减一个零。

A key factor driving PEPE's momentum is its community's aspirations, which extend beyond short-term price pumps. The objective is to establish a memetic supercycle, elevating PEPE to even greater prominence. In the ongoing "frogs vs dogs" rivalry, PEPE aims to secure a top 10 ranking, surpassing ShibaInu (SHIB) and even Dogecoin (DOGE).

推动 PEPE 发展势头的一个关键因素是其社区的愿望，这种愿望超出了短期价格上涨的范围。目标是建立一个模因超级循环，将 PEPE 提升到更加突出的地位。在正在进行的“青蛙与狗”竞争中，PEPE 的目标是超越柴犬（SHIB）甚至狗狗币（DOGE）进入前十名。

Holders are crucial to "eating a zero," and PEPE's accessibility facilitates its inclusion in numerous portfolios daily.

持有者对于“吃零”至关重要，而 PEPE 的可访问性有助于其每天被纳入众多投资组合中。

What Underpins PEPE's Support?

PEPE 的支持有何依据？

PEPE appears to thrive on the "we are so back" sentiment. However, several factors contribute to its support. Notably, over 44% of all PEPE trades are concentrated in a single trading pair on Binance, enabling rapid liquidity inflows and significant price movements.

PEPE 似乎因“我们回来了”的情绪而蓬勃发展。然而，有几个因素促成了它的支持。值得注意的是，超过 44% 的 PEPE 交易集中在币安上的单个交易对中，从而实现了快速的流动性流入和显着的价格波动。

PEPE is listed on nearly all major exchanges, with the exception of Coinbase spot trading. The asset anticipates the introduction of a new trading pair, which could enhance its volume and visibility. Since April 23, Coinbase has offered PEPE perpetual futures, further contributing to its activity.

PEPE 在几乎所有主要交易所上市，Coinbase 现货交易除外。该资产预计将引入新的交易对，这可以提高其交易量和知名度。自 4 月 23 日起，Coinbase 推出了 PEPE 永续期货，进一步促进了其活动。

PEPE boasts 219,625 holder wallets, with exchanges holding the largest stashes. Currently, PEPE trades predominantly on centralized markets and has yet to fully expand into decentralized exchanges like Uniswap. This distinguishes PEPE from newer meme tokens, which rely heavily on decentralized trading pairs.

PEPE 拥有 219,625 个钱包持有者，其中交易所持有的钱包最多。目前，PEPE 主要在中心化市场进行交易，尚未全面扩展到 Uniswap 等去中心化交易所。这将 PEPE 与较新的 meme 代币区分开来，后者严重依赖去中心化交易对。

PEPE's inclusion on Revolut and Crypto.com has significantly increased its exposure, propelling it to become the third-largest meme asset after DOGE and SHIB. Following the recent rally, the token has achieved the most impressive 12-month returns among the top three meme assets.

PEPE 被 Revolut 和 Crypto.com 收录，显着增加了其曝光度，使其成为继 DOGE 和 SHIB 之后的第三大模因资产。继最近的上涨之后，该代币在三大表情包资产中取得了最令人印象深刻的 12 个月回报。

All-Time High Emerges as Roaring Kitty Reemerges

咆哮小猫再现历史新高

The meme token boom has coincided with a Level 8 social media frenzy sparked by the return of Roaring Kitty, the legendary stock picker responsible for the GameStop short squeeze. While Roaring Kitty has no direct affiliation with any cryptocurrency or token, his infectious enthusiasm has bolstered overall market sentiment.

Meme 代币的繁荣与 Roaring Kitty 回归引发的 8 级社交媒体狂热同时发生，Roaring Kitty 是负责 GameStop 空头挤压的传奇选股者。虽然 Roaring Kitty 与任何加密货币或代币没有直接关系，但他富有感染力的热情提振了整体市场情绪。

It is important to acknowledge that PEPE remains a politically charged token, despite its apparent reliance on pure market speculation. Allegedly, the anonymous @degenharambe is the creative force behind Pepe, which originated from the depths of 4Chan memes. The profile has been flagged for potentially sensitive content, which extends to discussions surrounding the meme coin.

重要的是要承认 PEPE 仍然是一个带有政治色彩的代币，尽管它明显依赖于纯粹的市场投机。据称，匿名@degenharambe是Pepe背后的创作力量，其起源于4Chan meme的深处。该个人资料已被标记为潜在敏感内容，这延伸到了围绕模因币的讨论。

The token's price movements may therefore be intricately linked to obscure memes while carrying a strong anti-corporate ethos.

因此，该代币的价格走势可能与晦涩的模因错综复杂地联系在一起，同时带有强烈的反企业精神。