儘管突然下降，但鏈上的數據表明，大多數長期持有人都持有

根據Coingape的說法，儘管突然下降了Pepe硬幣的價格，鏈上的數據表明，大多數長期持有人都持有

The price of Pepe coin (PEPE) dropped sharply on Saturday as the memecoin market continues to struggle.

隨著Memecoin市場繼續掙扎，Pepe Coin（PEPE）的價格在周六急劇下降。

On-chain data, however, shows that the majority of long-term holders are holding on, with over 114,000 wallet addresses still in the red.

但是，鏈上的數據表明，大多數長期持有人都持有，還有114,000多個錢包地址仍處於紅色中。

The price of PEPE fell by 7.2% in the past 24 hours, registering the worst performance among the top 40 crypto assets on Saturday.

在過去的24小時內，PEPE的價格下跌了7.2％，在周六的前40名加密貨幣資產中表現出色。

The sell-off came after a U.S. presidential dinner sparked sudden protests and volatility in the crypto market.

在美國總統晚宴引發了加密貨幣市場的突然抗議和波動之後，拋售發生了。

The price of the Official Trump token dropped by 4.3% following the event, and the sell-off spread to other major tokens.

事件發生後，特朗普官方代幣的價格下跌了4.3％，而售罄則傳播給其他主要令牌。

PEPE was also dragged along, registering sharp declines of 7.2% against BTC and 6.7% against ETH.

佩佩（Pepe）也被拖入，對BTC的急劇下降為7.2％，而對ETH的急劇下降為6.7％。

This suggests that the price drops were not part of profit-taking in the crypto market in general, but rather a direct response to the increased political risk perceived by token investors.

這表明，總體而言，價格下跌並不是加密市場中獲利的一部分，而是對代幣投資者所感知的政治風險增加的直接反應。

As of May 24, 2025, the price of PEPE is trading in the range of $0.00001379, with a daily price range between $0.00001371 to $0.00001517.

截至2025年5月24日，PEPE的價格在0.00001379美元範圍內，每日價格範圍在0.00001371美元至0.00001517美元之間。

Why has the price of Pepe Coin fallen?

為什麼Pepe硬幣的價格下跌？

According to data from CoinGecko, PEPE has actually still recorded gains of 10.5% in the past 7 days, 7.1% in 14 days, and an impressive surge of 59% in the past month.

根據Coingecko的數據，Pepe實際上在過去7天中仍然記錄了10.5％的增長，在14天內7.1％，在過去一個月中的增長幅度為59％。

This means that the sell-off in the last 24 hours was most likely triggered by a new market catalyst.

這意味著在過去24小時內的拋售很可能是由新的市場催化劑觸發的。

The timing coincides with the fallout from Donald Trump’s dinner on Friday, which sparked a new debate over the legality and ethics of crypto projects affiliated with political figures.

時間安排與週五唐納德·特朗普（Donald Trump）的晚宴的後果相吻合，這引發了關於與政治人物相關的加密項目合法性和道德規範的新辯論。

It was reported that U.S. lawmakers rejected the Genius Act bill, a bill aimed at regulating USD-backed stablecoins. This rejection was triggered by Trump’s alleged direct financial interest in the crypto sector, following the launch of a USD1 stablecoin by the Trump-backed WLFI project.

據報導，美國立法者拒絕了《天才法案》，該法案旨在規範以美元支持的穩定簽署。在特朗普支持的WLFI項目推出了USD1 Stablecoin之後，特朗普據稱在加密貨幣部門的直接財務利益引發了這一拒絕。

The controversy comes shortly after Argentina’s President Javier Milei was criticized for his involvement with the Solana-based Libraecoin, which even sparked impeachment threats earlier this year.

爭議發生在阿根廷總統賈維爾·米利（Javier Milei）因參與總部位於索拉納的Libraecoin的批評之後，這甚至引發了今年早些時候的彈each威脅。

A market capitalization loss of $620 million in just one day suggests that this negative context likely led large holders to choose to reduce risk from top-tier memecoins like PEPE in the past 24 hours.

在短短一天內，市值虧損6.2億美元表明，這種負面的環境可能導致大型持有人選擇從過去24小時內從PEPE等頂級成員中降低風險。

114,000 Address Pepe Coin Still Keeps in Loss Position, a Sign of Investor Resilience

114,000個地址PEPE硬幣仍然處於損失位置，這是投資者韌性的標誌

Despite the sharp 7.2% drop in PEPE price, on-chain data shows that most PEPE holders remain reluctant to sell their assets.

儘管Pepe價格下降了7.2％，但鏈上的數據表明，大多數Pepe持有人仍然不願出售其資產。

According to IntoTheBlock’s Global In/Out of the Money indicator, 113,590 addresses—about 25.71% of all current holders—are underwater.

根據Intotheblock的全球收入/貨幣指標，有113,590個地址（約佔當前所有持有人的25.71％）處於水下。

This means that more than a quarter of the PEPE community still chooses to hold their coins despite the unrealized losses.

這意味著，儘管未實現損失，但超過四分之一的PEPE社區仍然選擇持有硬幣。

Historically, when a large number of investors are reluctant to exit during a sharp market decline, this is often considered a positive signal by strategic traders, for two main reasons:

從歷史上看，當大量投資者在市場下降期間不願退出時，戰略交易者通常認為這是一個積極的信號，這是兩個主要原因：

Firstly, it shows that a large group of active investors see PEPE not as a short-term speculative token, but as a long-term asset. Secondly, it reflects the widespread confidence of holders in the early recovery potential of PEPE prices.

首先，它表明，一大批活躍的投資者將PEPE視為短期投機令牌，而是長期資產。其次，它反映了持有人對PEPE價格早期恢復潛力的普遍信心。

More importantly, with the price of PEPE currently trading near the weekly support level of $0.0012, and the majority of holders still recording weekly gains of 7%, the likelihood of a capitulation is low.

更重要的是，隨著PEPE的價格目前在每週的支持水平接近0.0012美元的價格，而大多數持有人仍記錄每週7％的收益，投降的可能性很低。

If the selling pressure triggered by the Trump dinner controversy subsides, these two key factors could encourage an influx of new investors looking to buy PEPE at low prices.

如果特朗普晚餐爭議引起的銷售壓力消退，這兩個關鍵因素可能會鼓勵希望以低價購買PEPE的新投資者湧入。

Pepe Coin Price Prediction: Elliott Wave Pattern Suggests Recovery Toward $0.000016 As Resilient Holders Hold On

Pepe硬幣價格預測：Elliott Wave模式建議恢復到$ 0.000016，因為彈性持有人持有

The current price movement of PEPE shows the potential for a fifth wave (Wave 5) breakout rally towards $0.00001632, which could even continue to $0.00001845, based on the Elliott Wave structure formed on the daily chart.

PEPE的當前價格移動顯示了基於每日圖表上形成的Elliott Wave結構的第五波（第5波）突破集會的潛力，甚至可能會繼續持續到0.00001845美元。

Wave (Wave 4) was previously seen forming a bottom above an important support level around $0.000010, and the price is now thought to have entered the initial phase of Wave (Wave 5) formation.

先前看到波浪（波4）在$ 0.000010左右的重要支撐級高以上形成底部，現在認為價格已經進入了波（Wave 5）形成的初始階段。

With prices now stabilizing around $0.0001395, the market is showing a pattern of moving within a low volatility zone — a condition that is often the start of a bullish impulse.

由於價格現在穩定在0.0001395美元左右，市場正在顯示在低波動區域內移動的模式，這種情況通常是看漲衝動的開始。