Memecoin PEPE experienced a 35% surge on May 8, pushing past the $0.000010 psychological barrier and becoming the sixth most-traded cryptocurrency globally, excluding stablecoins.

Memecoin Pepe在5月8日经历了35％的激增，超越了$ 0.000010的心理障碍，并成为全球第六次贸易的加密货币，不包括稳定的加密货币。

The rally coincided with Bitcoin rising above the $100,000 mark, setting a positive tone for memecoins. PEPE is currently trading at around $0.00001091, levels last seen on February 4, 2024.

集会恰逢比特币上升到100,000美元以上，为Memecoins树立了积极的基调。 Pepe目前的交易价格约为0.00001091美元，最新水平于2024年2月4日出现。

What makes this surge particularly interesting is that PEPE has outpaced Dogecoin in daily trading volume, becoming the most actively traded memecoin during this period.

使这次激增尤其有趣的是，佩佩（Pepe）在日常交易量中已经超过了狗狗币，在此期间成为最积极的成员。

Several factors are driving this impressive price action. One major catalyst is whale accumulation. According to data from Lookonchain, a prominent crypto investor with $147 million in crypto assets has been actively buying PEPE tokens.

有几个因素推动了这种令人印象深刻的价格行动。一个主要的催化剂是鲸鱼的积累。根据Lookonchain的数据，拥有1.47亿美元加密资产的著名加密投资者一直在积极购买Pepe代币。

This whale withdrew 1.5 trillion PEPE from Binance on April 30 and recently added 500 billion more tokens, bringing their total holdings to 2 trillion PEPE tokens.

这条鲸在4月30日从Binance撤回了1.5万亿佩佩，最近增加了5000亿个代币，将其总持有量带到了200万亿Pepe令牌。

This accumulation represents approximately $4.36 million in value, showcasing strong confidence in PEPE’s long-term prospects from major investors.

这种积累的价值约为436万美元，表现出对佩佩的长期前景的强烈信心。

Technical Indicators Point Upward

技术指标向上指向

The technical picture for PEPE is also bullish. The price rally began with a long-legged doji candle on May 6, completing what traders call a morning star pattern. This reversal formation led to the subsequent 35% price jump on May 8.

Pepe的技术图片也是看好的。价格集会始于5月6日的长腿DOJI蜡烛，完成了交易者所谓的晨星图案。这种逆转形成导致5月8日的35％价格上涨。

PEPE has now crossed above its 200-day Exponential Moving Average (EMA), which typically signals an extended uptrend. The positive crossover in the MACD and signal lines further supports this optimistic outlook.

Pepe现在已经超过其200天的指数移动平均线（EMA），这通常标志着扩展上升趋势。 MACD和信号线中的正交叉进一步支持这种乐观的前景。

Analysts note that PEPE recently broke out of a Descending Broadening Wedge pattern. This bullish signal confirms a shift in momentum that could lead to a 120-140% rally in the mid-term.

分析师指出，PEPE最近脱离了朝下的扩大楔形模式。该看涨信号证实了动量的转变，可能导致中期120-140％的集会。

Meme coins are heating up again, and $PEPE is leading the charge 🐸

模因硬币再次加热，$ pepe正在领导电荷🐸

Open Interest just hit $531M – closing in on its ATH of $555M

开放兴趣刚达到5.31亿美元 - 收盘价为5.55亿美元

$5.71M in shorts just got wiped out 🔴

571万美元的短裤刚刚被淘汰🔴

Some market analysts project even more dramatic gains if the bullish momentum continues. In an optimistic scenario where the market remains bullish and PEPE maintains its uptrend, some predict gains exceeding 1,200%, with a price target of $0,008 within the next bullish cycle.

如果看涨的势头继续下去，一些市场分析师的项目甚至更加巨大。在一个乐观的情况下，市场仍然看涨，Pepe保持其上升趋势，有些人预测收益超过1,200％，在下一个看涨周期内目标目标为0,008美元。

This would represent a 10x increase from current levels, though such projections should be viewed with appropriate caution given the volatile nature of memecoins.

这将比当前水平增加10倍，尽管考虑到成emec蛋白的动荡性，应谨慎对待此类预测。

PEPE is currently experiencing a small pullback with a 1.84% intraday decrease, which many traders view as a normal breather after such a rapid ascent.

Pepe目前正在经历一个小的回调，盘中减少了1.84％，许多交易者在如此迅速的上升之后将其视为正常的喘息。

The most recent data shows PEPE trading at $0.00001124, maintaining most of its gains from the recent rally as traders look toward the next potential price targets.

最近的数据显示，Pepe交易的价格为0.00001124美元，随着交易者考虑下一个潜在的目标目标，最近的大部分收益。