#PEPE能否引领本轮meme牛市？ PEPE is a meme coin launched in April 2023 with a frog theme. Recently, its price has risen rapidly, becoming the top gainer among the top 100 encrypted assets. According to CoinGlass data, its open interest has surged by 28.6% to reach $120.8 million, indicating traders' optimistic expectations for PEPE's future. The higher the social dominance of an asset in conversations on social media platforms, the higher its correlation and demand. According to Santiment data, the peak of PEPE's social dominance corresponds to its local price top, indicating a correlation between the two.

However, the cryptocurrency market is highly uncertain and volatile, and price movements are influenced by a variety of factors, including market trends, investor sentiment, technological developments, etc. Investment carries risks, so be sure to manage your funds well!

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