在过去24小时内，以青蛙为主题的模因硬币Pepe飙升了11％

而Dogecoin（Doge）和Shiba Inu（Shib）的谦虚收益分别为3％和1％

The crypto market is showing signs of recovery as meme coins continue to heat up. While leading meme assets like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) saw modest gains of 3% and 1%, respectively, another meme coin, PEPE (CRYPTO: PEPE), has surged by double digits.

加密市场正在显示恢复的迹象，因为模因硬币继续加热。虽然领先的模因资产（例如Dogecoin（Crypto：Doge）和Shiba Inu（加密：Shib））的占3％和1％的适度增长，而另一个模因硬币Pepe（Crypto：Pepe）则以两位数的飙升。

According to data from BENZINGA, PEPE soared 11% in the past 24 hours, significantly outpacing Dogecoin and Shiba Inu.

根据Benzinga的数据，Pepe在过去24小时内飙升了11％，大大超过了Dogecoin和Shiba INU。

What Happened: The rally in PEPE comes amid a trend of significant whale acquisitions, which have fueled increased demand and bullish momentum for the meme coin.

发生的事情是：佩佩的集会出现了大量鲸鱼收购的趋势，这加剧了对模因硬币的需求和看涨势头。

OnChain sleuth Lookonchain noted in a March 12 post on X, formerly Twitter, that three whale wallets acquired 689.79 billion PEPE, valued at $5 million at current market prices, with all funds originating from Tornado Cash.

OnChain Suluth Lookonchain在3月12日在X上的一篇文章中指出，以前是Twitter，三个鲸鱼钱包收购了6,8979亿PEPE，价值500万美元，目前的市场价格为500万美元，所有资金均来自Tornado Cash。

The largest buyer, wallet 0x7A7D, reportedly spent 1,413.4 ETH (around $2.72 million) for 437.7 billion PEPE, while 0x9212 and 0x7779 purchased 158.58 billion PEPE (about $1 million) and 93.51 billion PEPE (around $574,000), respectively.

据报道，最大的买家Wallet 0x7a7d花费了1,413.4 ETH（约合272万美元），4.377亿PEPE，而0x9212和0x77779购买了1.5858亿PEPE（约100万美元）（约100万美元）和935.1亿PEPE（约合574,000美元）。

This move has sparked speculation about the source of these funds and how they will be used.

这一举动引发了人们对这些资金来源以及如何使用它们的猜测。

The meme coin is also showing strength in other areas. Its price and trading volume surged simultaneously, which indicates strong market demand and increased buying activity, possibly driven by retail FOMO in PEPE’s case.

模因硬币也在其他领域显示出强度。它的价格和交易量同时飙升，这表明市场需求强劲并增加了购买活动，这可能是由PEPE案中的零售FOMO驱动的。

Over the past 24 hours, volume rose by 18%, reaching $1.05 billion at press time.

在过去的24小时内，批量增长了18％，发稿时达到了10.5亿美元。

When an asset’s price and trading volume increase together, it signifies a strong market demand and capital inflow.

当资产的价格和交易量增加时，它表示强劲的市场需求和资本流入。

Moreover, in the futures market, PEPE’s rising open interest highlights the capital inflow into it. As of this writing, the metric stands at $120 million, skyrocketing 21% in the past 24 hours.

此外，在期货市场中，佩佩（Pepe）上升的开放兴趣强调了资本流入。截至撰写本文时，公制为1.2亿美元，在过去24小时内飙升了21％。

When an asset’s open interest rises, especially during a price rally, it indicates increased market participation and capital inflow. If macro factors remain favorable and market sentiment remains bullish, there is a strong likelihood of a sustained PEGO rally.

当资产的开放兴趣上升时，尤其是在价格集会期间，它表明市场参与和资本流入增加。如果宏观因素仍然有利，并且市场情绪仍然看涨，那么持续的PEGO集会很有可能。

Also Read: Troubled Housing Market Could Benefit From Strongest Generation In History: 'We're Not Doomed Yet'

另请阅读：陷入困境的住房市场可以从历史上最强大的一代中受益：“我们尚未注定要失败”

PEPE’s Elder-Ray Index has returned a positive value for the first time since January 19. This confirms the bullish shift in investors’ sentiment toward the altcoin.

佩佩（Pepe）的老年射线指数自1月19日以来首次恢复了积极的价值。这证实了看涨投资者对替代币的看法。

The indicator measures the strength of bulls and bears in the market by analyzing the relationship between an asset’s price and a moving average.

该指标通过分析资产价格与移动平均值之间的关系来衡量市场中公牛和熊的强度。

When the Index is positive, it indicates that bulls are in control, suggesting upward momentum and potential price gains. If sustained, this trend could drive PEPE’s price toward $0.0000083.

当指数为正时，这表明公牛在控制中，表明势头向上和潜在的价格上涨。如果持续下去，这种趋势可能会将Pepe的价格推向$ 0.0000083。

Conversely, if buying activity weakens, PEPE could break below the support at $0.0000062 and fall to $0.0000048.

相反，如果购买活动减弱，Pepe可能会以0.0000062美元的价格突破支持，跌至0.0000048美元。