Recently, the cryptocurrency market has shown new trends, with PENGU surpassing BONK with a total market capitalization of $3.9 billion, becoming the largest meme coin in the Solana ecosystem. This development has prompted a reassessment of other well-known meme coins in the market.

FLOKI and WIF follow closely with market capitalizations of 1.4 billion and 1.3 billion USD respectively, while PEPE maintains its leading position with a market capitalization of 5.8 billion USD. However, investors are closely watching PEPE's next move.

Data shows that the average cost for large holders holding 1,000 to 10,000 PEPE is $0.00001053. Calculating at the current price of $0.00001409, these major investors have an average profit margin of about 34%. This situation has sparked market speculation about the future trend of PEPE.

Analysts point out that the main funds have accumulated a large amount of chips in the past 8 months, which may indicate a significant market trend in the future. Some believe that these investors are unlikely to carry their positions into the next bull market, so the market may experience significant fluctuations in the near term.

At the same time, the entire cryptocurrency market is undergoing various changes. The rapid development of the Solana ecosystem, the innovative highs of BNB, the leading performance of the NFT sector, and the focus on stablecoin regulation are all shaping the current market landscape.

For investors in PEPE, the current market environment is both challenging and full of opportunities. Although there may be volatility in the short term, long-term holders still maintain confidence in its potential. As the market continues to evolve, investors need to stay vigilant, closely monitor various influencing factors, and make informed investment decisions.