Bonk (BONK) 這種基於 Solana 的 Meme 硬幣是通縮寶石嗎？

Bonk（加密貨幣：BONK）是明顯吸引了投資者註意力的迷因代幣之一。這個基於 Solana 的 meme 幣項目再次出現了令人印象深刻的每日飆升，在美國東部時間下午 2 點的過去 24 小時內上漲了 20.1%，成為當今市值第 30 位最有價值的加密貨幣。

Meme coin project Bonk (CRYPTO: BONK) has seen another impressive daily surge, rising 20.1% over the past 24 hours at 2 p.m. ET to become the 30th most-valuable cryptocurrency by market capitalization today.

Meme 幣專案 Bonk (CRYPTO: BONK) 的每日漲幅再次令人印象深刻，在美國東部時間下午 2 點的過去 24 小時內上漲了 20.1%，成為當今市值第 30 位最有價值的加密貨幣。

A significant amount of this move can be tied to momentum-driven moves among a range of other meme coins, most of which are rocketing higher in today's session. A mix of exuberance following the reelection of Donald Trump and newfound prospects of a much more favorable regulatory landscape for crypto in general have many investors betting that this marketwide rally can continue. And in order to capture the most upside possible, many speculators are turning to some of the most volatile tokens out there, with Bonk being a clear beneficiary.

這一走勢在很大程度上可能與一系列其他模因幣的動量驅動走勢有關，其中大多數在今天的交易中都在飆升。唐納德·川普連任後的繁榮以及加密貨幣監管環境更加有利的新前景，讓許多投資者押注整個市場的反彈能夠持續下去。為了抓住最大的上漲空間，許多投機者正在轉向一些波動性最大的代幣，Bonk 是明顯的受益者。

That said, there is one other key factor I think is worth diving into today as a key driver of this project's impressive move. Here's what I think investors may want to pay close attention to when it comes to Bonk heading into year-end.

也就是說，我認為今天還有另一個關鍵因素值得深入研究，作為該計畫令人印象深刻的舉措的關鍵驅動力。我認為投資者在年底前可能需要密切關注 Bonk 的情況。

Bonk team targeting deflationary actions Unlike many other leading meme tokens, Bonk is a token with a capped supply, meaning there is some underlying inflation with its token (a certain amount of tokens are in circulation, and more will be added over time). But as bonk approaches its maximum supply cap, various measures will need to be put into place to ensure token issuance will slow down.

Bonk 團隊瞄準通貨緊縮行動與許多其他領先的meme 代幣不同，Bonk 是一種供應有限的代幣，這意味著其代幣存在一定程度的潛在通脹（一定數量的代幣在流通，隨著時間的推移，將會增加更多代幣）。但隨著債券接近其最大供應上限，需要採取各種措施來確保代幣發行放緩。

With the current total supply of Bonk tokens standing at around 97.2 trillion, and a maximum supply cap of 97.21 trillion, there's really no room left for new tokens to be issued. Thus, expectations that the Bonk team will introduce a range of deflationary measures to burn as many as 1 trillion tokens by the end of the year is sparking discussion around whether this project could actually become deflationary.

目前Bonk代幣的總供應量約為97.2兆個，最大供應上限為97.21兆個，實際上已經沒有空間可以發行新的代幣了。因此，預計 Bonk 團隊將推出一系列通貨緊縮措施，在今年年底前銷毀多達 1 兆枚代幣，這引發了關於該項目是否真的會通貨緊縮的討論。

If that's the case, and the overall number of Bonk tokens declines, existing investors stand to benefit in a disproportionate way from future market capitalization increases. Unlike other tokens that need to see buying pressure consume all new tokens issued first in order to maintain a price level, Bonk's valuation growth could lead to even higher price gains, fueling increased bullish speculation on this token.

如果是這種情況，而 Bonk 代幣的總數下降，現有投資者將從未來市值的成長中獲得不成比例的收益。與其他需要承受購買壓力的代幣消耗掉所有新發行的代幣以維持價格水平不同，Bonk 的估值增長可能會導致更高的價格漲幅，從而加劇對該代幣的看漲投機。

What does this mean for investors? Bonk is likely to continue to benefit from the ongoing hype cycle in the crypto sector, but this is a project that also appears to have some fundamental support behind its token that's worth noting. I remain skeptical of most meme tokens from a fundamental standpoint, but I do like the fact that Bonk appears to be at its maximum supply cap, and the potential headwinds of new token issuance aren't something investors appear to have to worry about at this time.

這對投資者意味著什麼？ Bonk 可能會繼續受益於加密貨幣領域持續的炒作週期，但這個項目似乎也有一些值得注意的代幣背後的基本支持。從基本面角度來看，我仍然對大多數 Meme 代幣持懷疑態度，但我確實喜歡 Bonk 似乎已達到最大供應上限，而且新代幣發行的潛在阻力並不是投資者目前不必擔心的問題時間。

Also, because Bonk is built on the Solana blockchain, where a significant portion of on-chain activity is taking place, there's reason to believe that from a market share perspective, Bonk could have a leg up on its peers.

此外，由於 Bonk 建立在 Solana 區塊鏈上，其中很大一部分鏈上活動都在 Solana 區塊鏈上進行，因此有理由相信，從市場份額的角度來看，Bonk 可能比同行更具優勢。

We'll have to see how the meme coin market shapes up over the course of next year, but there are certainly reasons why investors are growing increasingly bullish on this project right now.

我們必須看看明年迷因幣市場會如何發展，但投資者現在越來越看好這個項目肯定是有原因的。