Recently, the PEPE currency has shown significant growth potential and has become the focus of investors' attention. According to the latest market dynamics, smart money proposed 322.2 billion PEPE worth approximately US$3.39 million from Binance. These PEPEs were purchased at an average price of US$0.00000894 when the price fell previously, and a total of 304.1 billion PEPE were purchased. After being transferred to Binance yesterday, it has now been mentioned again, which shows that smart money is still optimistic about PEPE in the future.

From the perspective of technical analysis, the bottom range of PEPE’s current rise is between 0.00000848 and 0.0000093. If the short-term price falls to this area, you can consider adding positions. The top 0.00001197 is the short-term daily level pressure level. If the currency price wants to continue to rise, the daily level must break through here in large quantities before it can move towards the previous level of 0.00001315.

Considering that PEPE is a popular currency this year, even if you buy it, you will not be trapped for too long, and in the subsequent peak bull market, its performance will not be too different from other currencies. Therefore, at present, PEPE is one of the first choices for investors who like to participate in the concept of Meme coins.

Investors should pay attention to market sentiment and position control when considering participating in PEPE. According to market conditions, allocate funds reasonably and set stop loss points to cope with market fluctuations. At the same time, pay attention to macro events such as the BRICS meeting and the US election that may affect market sentiment. The results of these events may have a significant impact on the cryptocurrency market.