Santiment's data shows that the network rise of PEPE has started to rebound after a brief retreat, indicating that more new Addresses are being created and Token transfers are taking place, further supporting the bullish sentiment in the market. The confidence of Large Investors in PEPE's MVRV ratio has slightly risen, indicating that PEPE's Market Cap has increased relative to its realized Market Cap. In addition, the confidence of Large Investors in the market has gradually strengthened, as evidenced by the increase in the supply held by Whales in the past seven days. The pump in the relative strength index (RSI) further confirms investors' buying sentiment.