比特幣的暴跌：投機性加密貨幣的警示故事

最近比特幣價格的下跌讓人們對三種投機加密貨幣的前景產生了懷疑：Toncoin、Stacks 和 Dogwifhat。儘管 Toncoin 與 Telegram 有關聯，但它的市值很高，但其實用性可能無法證明其合理性。 Stacks 雖然提供智慧合約功能，但最近經歷了虧損，並面臨對其潛力的懷疑。 Dogwifhat 是一種迷因幣，缺乏潛在實用性，主要由投機驅動。

Bitcoin's Tumble: A Warning for Speculative Cryptocurrencies

比特幣暴跌：對投機性加密貨幣的警告

The recent plunge in Bitcoin (BTC-USD) has cast a shadow over the cryptocurrency market, raising concerns about the viability of speculative digital assets. As Barron's succinctly stated in its May 1 headline, "Bitcoin Plunges. Here's Why and How Far Prices Could Fall."

最近比特幣（BTC-USD）的暴跌給加密貨幣市場蒙上了陰影，引發了人們對投機性數位資產生存能力的擔憂。正如《巴倫周刊》在 5 月 1 日的標題中簡潔指出的那樣，“比特幣暴跌。這就是價格可能下跌的原因和幅度。”

Alex Kuptsikevich, an analyst at broker FxPro, commented that technical analysis suggests further downside targets of $55,700 (61.8% Fibonacci retracement of the rise since October) and the $51,000 to $52,000 area (late January consolidation area).

經紀商FxPro分析師Alex Kuptsikevich評論道，技術分析顯示進一步下行目標為55,700美元（自10月以來上漲的61.8%斐波那契回撤位）和51,000美元至52,000美元區域（1月底盤整月區域）。

Bitcoin's dominance as the gold standard of cryptocurrencies has been challenged by a proliferation of imposters. Peter Brandt, the founder of Factor LLC, who accurately predicted Bitcoin's 2018 correction, now foresees a drop to the mid-$30,000 range. This raises the question: if Bitcoin, the industry leader, faces such challenges, what fate awaits these speculative alternatives? Investors are advised to exercise caution and consider selling these high-risk cryptocurrencies.

比特幣作為加密貨幣黃金標準的主導地位受到了冒名頂替者激增的挑戰。 Factor LLC 創始人 Peter Brandt 準確地預測了比特幣 2018 年的回調，現在預計比特幣價格將跌至 30,000 美元中間區間。這就提出了一個問題：如果產業領導者比特幣面臨這樣的挑戰，那麼這些投機性替代品的命運又會如何呢？建議投資者謹慎行事並考慮出售這些高風險的加密貨幣。

Toncoin (TON)

東幣 (TON)

Toncoin (TON-USD), once a relatively obscure cryptocurrency, has surged to the ninth-largest position with a market capitalization of $19 billion. This remarkable growth has been attributed to Telegram's adoption of Toncoin as a payment method for its ad platform.

曾經相對默默無聞的加密貨幣 Toncoin (TON-USD) 已以 190 億美元的市值飆升至第九大位置。這一顯著的成長歸功於 Telegram 採用 Toncoin 作為其廣告平台的支付方式。

While Telegram's massive user base of over 900 million could potentially benefit from this partnership, the justification for Toncoin's $19 billion valuation remains questionable. Utility is essential for sustainable appreciation in cryptocurrencies, and it is unclear how Toncoin's value proposition justifies its current market capitalization. Investors are urged to approach Toncoin with caution until the Telegram partnership proves to be a catalyst for growth.

儘管 Telegram 超過 9 億的龐大用戶群可能會從這項合作中受益，但 Toncoin 190 億美元估值的合理性仍然值得懷疑。實用性對於加密貨幣的可持續升值至關重要，目前尚不清楚 Toncoin 的價值主張如何證明其當前市值的合理性。敦促投資者謹慎對待 Toncoin，直到 Telegram 合作夥伴關係被證明能成為成長的催化劑。

Stacks (STX)

堆疊 (STX)

Stacks (STX-USD), ranked 35th among cryptocurrencies, has gained 179% over the past year. However, recent volatility has resulted in a 17% decline in the past seven days, outpacing Bitcoin's losses.

Stacks（STX-USD）在加密貨幣中排名第 35 位，過去一年上漲了 179%。然而，最近的波動導致過去 7 天內下跌 17%，超過了比特幣的跌幅。

Supporters of Stacks, such as Motley Fool contributor RJ Fulton, have made substantial gains but acknowledge the speculative nature of the investment. Fulton credits Stacks' smart contract functionality and the potential impact of its Nakamoto release, which aims to unlock dormant Bitcoin capital. While these concepts offer promise, investors should be wary of overly optimistic projections.

Stacks 的支持者，例如《Motley Fool》撰稿人 RJ Fulton，已經獲得了可觀的收益，但也承認這項投資的投機性質。富爾頓稱讚 Stacks 的智能合約功能及其中本聰發布的潛在影響，該發布旨在釋放休眠的比特幣資本。雖然這些概念帶來了希望，但投資人應該警惕過於樂觀的預測。

Dogwifhat (WIF)

多維哈特 (WIF)

Further down the crypto rankings, Dogwifhat (WIF-USD) has captured attention as a meme coin, currently holding the fourth-largest position in this niche. Inspired by Dogecoin, WIF lacks a tangible underlying utility and derives its value solely from speculation.

在加密貨幣排名中，Dogwifhat（WIF-USD）作為迷因幣引起了人們的關注，目前在該領域排名第四。受狗狗幣的啟發，WIF 缺乏有形的基礎效用，其價值僅來自投機。

Crypto news source Unchained.com warns investors that Dogwifhat lacks fundamental value and is susceptible to market manipulation. Rational investors are advised to avoid highly speculative meme coins like Dogwifhat.

加密貨幣新聞來源 Unchained.com 警告投資者，Dogwifhat 缺乏基本價值，並且容易受到市場操縱。建議理性投資者避免像 Dogwifhat 這樣具有高度投機性的迷因幣。

InvestorPlace's Crypto Commentary Policy

InvestorPlace 的加密貨幣評論政策

InvestorPlace does not regularly publish commentary on cryptocurrencies with market capitalizations below $100 million or daily trading volumes below $100,000. These "penny cryptos" often attract fraudsters and manipulators. When addressing low-volume cryptocurrencies, InvestorPlace writers are required to disclose this fact and alert readers to the potential risks.

InvestorPlace 不會定期發布對市值低於 1 億美元或每日交易量低於 10 萬美元的加密貨幣的評論。這些「便士加密貨幣」經常吸引詐欺者和操縱者。在處理小批量加密貨幣時，InvestorPlace 作者必須揭露這一事實並提醒讀者潛在的風險。

Disclaimer

免責聲明

As of the date of publication, Will Ashworth did not hold any positions in the aforementioned securities. The opinions expressed are solely those of the author and do not reflect the views of InvestorPlace.com or its publishing guidelines.

截至發布之日，Will Ashworth 未持有上述證券的任何頭寸。所表達的觀點僅代表作者的觀點，並不反映 InvestorPlace.com 或其發布指南的觀點。