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The PEPE token, the third largest meme cryptocurrency, has seen a remarkable price jump of 12% over the past 24 hours, bringing its weekly gains to over 80%. Currently trading at $0.0000166, PEPE's market capitalization has exceeded $7 billion, marking a significant milestone.

第三大 meme 加密货币 PEPE 代币的价格在过去 24 小时内大幅上涨 12%，使其每周涨幅超过 80%。目前PEPE的交易价格为0.0000166美元，其市值已超过70亿美元，标志着一个重要的里程碑。

What is Driving PEPE's Price Up?

是什么推动 PEPE 价格上涨？

Recent interest from investors has driven PEPE's price upward, with daily trading volumes surpassing $2.56 billion. This makes PEPE the third-largest meme token behind Dogecoin (DOGE) and Shiba Inu (SHIB). Over the past month, PEPE has outperformed other meme tokens and the broader cryptocurrency market, achieving a 135% gain.

最近投资者的兴趣推动 PEPE 的价格上涨，每日交易量超过 25.6 亿美元。这使得 PEPE 成为仅次于狗狗币 (DOGE) 和柴犬 (SHIB) 的第三大模因代币。在过去的一个月里，PEPE 的表现优于其他 meme 代币和更广泛的加密货币市场，实现了 135% 的涨幅。

Since the beginning of the year, PEPE, which operates on the Ethereum blockchain, has yielded a 12-fold return for its holders. Notably, large investors have taken an interest in PEPE, with a significant whale recently withdrawing 1.32 trillion PEPE tokens from Binance, resulting in a 21% return at the current price. This surge coincides with positive sentiment in the cryptocurrency market, spurred by the approval of spot Ethereum ETFs.

自今年年初以来，在以太坊区块链上运行的 PEPE 为其持有者带来了 12 倍的回报。值得注意的是，大型投资者对 PEPE 产生了兴趣，最近有大户从币安撤回了 1.32 万亿个 PEPE 代币，按当前价格计算，回报率为 21%。这一飙升恰逢加密货币市场在现货以太坊 ETF 获得批准的推动下出现积极情绪。

How is PEPE's Bullish Trend Sustained?

PEPE的看涨趋势如何持续？

Santiment, an on-chain analysis firm, noted that PEPE's price continues to climb as buyers resist downward pressures. A strong support level has been established at $0.00001380, tested twice. The formation of higher lows and highs, along with prices trading above the 50-day and 200-day simple moving averages (SMA), signals a bullish trend.

链上分析公司 Santiment 指出，随着买家抵制下行压力，PEPE 的价格持续攀升。强支撑位已确定为 0.00001380 美元，并经过两次测试。更高的低点和高点的形成，以及价格高于 50 日和 200 日简单移动平均线 (SMA) 的交易，预示着看涨趋势。

The number of active addresses holding PEPE surged from 3,600 to 12,000 between May 21 and May 22, suggesting further recovery. A similar rise was noted in mid-May, indicating sustained interest in the token.

5 月 21 日至 22 日期间，持有 PEPE 的活跃地址数量从 3,600 个激增至 12,000 个，表明​​进一步复苏。 5 月中旬也出现了类似的上涨，表明对该代币的持续兴趣。

Investor Insights

投资者见解

• PEPE's trading volumes have exceeded $2.56 billion daily.
• A significant whale recently withdrew 1.32 trillion PEPE tokens from Binance.
• PEPE's price is trading above both the 50-day and 200-day SMAs.
• The number of active PEPE addresses quadrupled within a day in late May.

These insights suggest PEPE has strong support and continued investor interest, pointing to potential further gains.

PEPE 的每日交易量已超过 25.6 亿美元。最近，一头大鲸鱼从币安撤回了 1.32 万亿个 PEPE 代币。PEPE 的价格交投于 50 天和 200 天 SMA 之上。5 月底，活跃 PEPE 地址数量在一天内翻了两番这些见解表明 PEPE 拥有强大的支持和持续的投资者兴趣，表明潜在的进一步收益。

PEPE's recent performance underscores its growing influence in the crypto market, driven by robust trading volumes, significant whale activity, and a broadening investor base. The token's bullish trend appears well-supported by technical indicators and increased active addresses, suggesting more positive movement ahead.

PEPE 最近的表现突显了其在加密货币市场中日益增长的影响力，这得益于强劲的交易量、大量的鲸鱼活动和不断扩大的投资者基础。该代币的看涨趋势似乎得到了技术指标和活跃地址增加的良好支撑，表明未来会有更多积极的走势。

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