Pepe Coin Surges 23% on Nascent's Massive Purchase

Nascent 大量购买 Pepe Coin 飙升 23%

On July 16, Pepe coin rallied nearly 23% following a substantial purchase of 141 billion PEPE tokens by venture capital firm Nascent. On-chain data reveals that Nascent acquired these tokens during a price surge, primarily through exchanging other crypto holdings.

7 月 16 日，风险投资公司 Nascent 大量购买 1410 亿个 PEPE 代币后，Pepe 币上涨近 23%。链上数据显示，Nascent 在价格飙升期间获得了这些代币，主要是通过交换其他加密资产。

This move has sparked optimism regarding the future price trajectory of the frog-themed meme coin.

此举引发了人们对青蛙主题模因币未来价格走势的乐观情绪。

Nascent's Accumulation Fuels Optimism

Nascent 的积累激发了乐观情绪

According to Lookonchain's on-chain insights, Nascent swapped its MKR tokens for PEPE and LDO tokens. The firm exchanged $3.41 million worth of MKR for $1.57 million worth of PEPE and $503K worth of LDO on Binance.

根据 Lookonchain 的链上洞察，Nascent 将其 MKR 代币换成了 PEPE 和 LDO 代币。该公司在币安上将价值 341 万美元的 MKR 兑换为价值 157 万美元的 PEPE 和价值 50.3 万美元的 LDO。

This acquisition brings Nascent's total PEPE holdings to a significant 608.85 billion PEPE, valued at $7.49 million. This substantial investment underscores the firm's confidence in the meme coin's potential for growth.

此次收购使 Nascent 持有的 PEPE 总额达到 6088.5 亿股 PEPE，价值 749 万美元。这笔巨额投资凸显了该公司对 meme 币增长潜力的信心。

Pepe Coin's Resilience and Rally

佩佩币的弹性和反弹

During this year's bull market, Pepe coin reached an all-time high of $0.00001718. Despite recent market corrections that pushed its value down to as low as $0.000007, the coin has shown resilience. On July 16, it rallied significantly, reaching the $0.00001 price level.

在今年的牛市中，佩佩币创下了 0.00001718 美元的历史新高。尽管最近的市场调整使其价值跌至 0.000007 美元，但该代币仍表现出弹性。 7 月 16 日，它大幅上涨，达到 0.00001 美元的价格水平。

Bullish Market Indicators and Sentiment

看涨的市场指标和情绪

At press time, PEPE coin has surged 23.42% to $0.00001201. Over the past 24 hours, it has fluctuated between a low of $0.000009399 and a high of $0.00001251.

截至发稿，PEPE 币已飙升 23.42% 至 0.00001201 美元。在过去的24小时内，它在低点0.000009399美元和高点0.00001251美元之间波动。

Nascent's substantial purchase aligns with this upward momentum. Data from Coinglass also indicates a bullish trend, with PEPE's futures open interest increasing by 23.19% and trading volume by 178.66%. This suggests growing investor interest and optimism about PEPE's future.

Nascent 的大量收购与这种上升势头相一致。 Coinglass的数据也显示看涨趋势，PEPE期货持仓量增长23.19%，交易量增长178.66%。这表明投资者对 PEPE 的未来越来越感兴趣和乐观。

Moreover, the Relative Strength Index (RSI) hovers around 58, indicating market neutrality with a slight bullish bias. If this trend continues, Pepe coin may experience further gains.

此外，相对强弱指数（RSI）徘徊在58左右，表明市场中性，略带看涨倾向。如果这种趋势持续下去，佩佩币可能会进一步上涨。

Despite the current optimism, cryptocurrency enthusiasts remain cautious, acknowledging the inherent volatility of the crypto market.

尽管目前乐观，但加密货币爱好者仍然保持谨慎，承认加密货币市场固有的波动性。