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$BEPEPE this wave of market activity has indeed attracted a lot of attention. From the bottom at 0.000005416 to 0.00139, an increase of 25,560%, such data is right in front of us, and even the calmest people have to consider it.
First, let's look at trading activity. The 24-hour trading volume soared to 58.65M, and the liquidity pool broke through $1.47 million, showing clear signs of continuous capital inflow. What's more interesting is that the number of addresses holding the coin has risen to 3,090, indicating increased participation. From the on-chain structure, the top 10 holdings only account for 16.33%, which doesn't look like a single whale controlling the market.
On the technical side, the 5-minute chart shows that after testing the 7-day moving average, the price quickly stabilized and is now above the average cost of 0.001377. From the spectacular long green candle at the bottom to the repeated oscillations at higher levels, the overall trend suggests that the bulls are still in control. Each dip seems to be quickly recovered, which can indeed attract momentum traders.
Of course, such projects are highly volatile, and good-looking data doesn't necessarily mean it will rise further. But based on the current holdings structure and capital flow, there are no obvious signs of sell pressure, and market participation is expanding—these are necessary conditions to push the market higher. As for how high it can go, no one can say for sure, but at least the current market situation still supports the bulls' imagination.