#今日市场观点
PEPE surged 30%, is the era of altcoins rampant coming?
In the past day, Pepecoin and Floki Inu both rose by more than 20% due to the recovery of purchasing power.
Recently, the value of Pepecoin has been greatly improved, mainly due to the large-scale destruction of 6.9 trillion tokens, which has intensified its upward pressure.
According to data, Pepecoin is still experiencing large-scale trading activity, and its market value has rapidly soared from US$10.4 million to US$40 million.
Pepecoin recently exceeded the increase in the moving average and is currently holding above the monthly resistance line of US$0.0000017.
This situation shows the strong performance of Pepecoin in the market, and the popularity of altcoins seems to be returning. Investors should pay attention to market risks, especially when dealing with highly volatile assets.
