Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）大滿貫紀念因素

霍斯金森（Hoskinson）指出，儘管紀念物可以迅速增長，但如果他們不支持強大的生態系統，它們就會開始失去價值。

Cardano founder Charles Hoskinson has slammed memecoins, saying that 99% of them will fail as they do not support a strong ecosystem and are being used by insiders to inflate the token value.

Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）抨擊了成員，稱其中99％的人會失敗，因為它們不支持強大的生態系統，並且內部人員正在使用來膨脹令牌價值。

In an interview with the Wolf of All Streets, Hoskinson said that memecoins are like fleeting celebrity fame, which burns out quickly. Although they can grow quickly, they begin to lose value if they do not support a strong ecosystem. People must get engaged and utilize the currency for it to last any period. Without this ongoing engagement, people will quickly lose interest, demand drops, and so will value.

霍斯金森（Hoskinson）在接受《狼的狼》採訪時說，模因就像短暫的名人名望一樣，很快就消失了。儘管它們可以迅速增長，但如果不支持強大的生態系統，它們就會開始失去價值。人們必須訂婚並利用貨幣來持續任何時期。如果不進行這種持續的參與，人們將很快失去興趣，需求下降，因此價值將會下降。

“This is why 99% of memecoins will fail, because they are just paper and someone has to build community and real engagement for it to have legs. If you cannot get critical mass or real engagement, people will move on.”

“這就是為什麼99％的成員會失敗的原因，因為它們只是紙張，有人必須建立社區和真正的參與才能擁有腿。如果您無法獲得臨界質量或真正的互動，人們將繼續前進。”

Another issue is how memecoins currently distribute the coins. The insider is juggling the token value and selling it for a large profit. It sounds like inside people are making short-term profits, and developers have no motivation to continue to grow and support their currency once it takes place and they make their returns.

另一個問題是Memecoins當前如何分發硬幣。內部人士正在兼顧代幣的價值，並出售它是為了獲得大量利潤。聽起來人們正在賺取短期利潤，而開發人員沒有動力繼續增長和支持他們的貨幣，並獲得回報。

“Insiders are making money by juggling the token value up and selling it for a huge profit. It’s like a pyramid scheme or a multi-level marketing program. That’s not going to last forever. People get tired of it, they move on to the next thing, and then it begins to lose value.”

“內部人士通過雜耍代幣的價值來賺錢並出售它以巨大的利潤。這就像金字塔計劃或多層營銷計劃。這不會永遠持續下去。人們厭倦了它，他們繼續前進，然後開始失去價值。”

Comparing the situation to "moving water from one side of the bathtub to the other," he suggested that capital invested in memecoins ultimately ends up in the hands of project founders rather than fostering technological advancement or network growth.

將情況與“將水從浴缸的一側移到另一側”，他建議投資於Memecoins的資本最終落入了項目創始人的手中，而不是促進技術進步或網絡增長。

"There's a drain at the bottom of the tub. You're not adding liquidity—you're losing it over time,"

“浴缸底部有一個排水口。您不會添加流動性 - 隨著時間的流逝，您會丟失它，”

Despite his criticisms, Hoskinson did not dismiss memecoins entirely. However, he emphasized that real value in the crypto space would come from innovations such as Bitcoin DeFi, tokenized real-world assets, and algorithmic stablecoins. These developments, unlike viral tokens with no clear roadmap, offer tangible benefits and long-term growth potential.

儘管受到了批評，但霍斯金森並未完全駁斥成人。但是，他強調，加密貨幣領域的實際價值將來自比特幣Defi，代幣化的現實世界資產和算法穩定的創新。與沒有明確路線圖的病毒令牌不同，這些發展具有切實的好處和長期增長潛力。

"Insiders are juggling the token value and selling it for a huge profit. It’s like a pyramid scheme or a multi-level marketing program. That’s not going to last forever. People get tired of it, they move on to the next thing, and then it begins to lose value.”

“內部人士正在兼顧代幣的價值並出售它以賺取巨大的利潤。就像金字塔計劃或多層次營銷計劃。這不會永遠持續下去。人們厭倦了它，他們繼續前進，然後開始失去價值。”

His comments come as Cathie Wood, CEO of ARK Invest, expressed her skepticism towards memecoins, expecting most to eventually end up "worthless."

他的評論發表在Ark Invest的首席執行官Cathie Wood對Memecoins表示懷疑，期望大多數人最終“毫無價值”。

However, she noted that memecoins gained traction due to the universal integration of blockchain and AI technology, making it easy for almost anyone to create and deploy thousands of tokens.

但是，她指出，由於區塊鍊和AI技術的普遍整合，Memecoins獲得了吸引力，這使幾乎任何人都可以輕鬆創建和部署數千個令牌。

"Our funds are staying away from memecoins," Wood said, urging investors to be aware of the risks involved.

伍德說：“我們的資金遠離成人。”敦促投資者意識到所涉及的風險。

"Millions of new tokens are being created and have no value, and nothing has given global regulators the authority to call them securities. If I have one message to people buying memecoins: buyer beware."

“正在創建數百萬個新令牌，沒有價值，沒有任何授權全球監管機構將其稱為證券的權力。如果我向購買Memecoins的人們提供一條消息：買家當心。”

According to Dune Analytics data, there has been a steep decline in memecoin activity, with an average of 71,000 memecoin transactions per day on January 23, compared to 9,000 by April 1.

根據Dune Analytics數據，Memecoin活動的急劇下降，每天平均每天71,000個Memecoin交易，而到4月1日為9,000。

The combined market cap of Solana's biggest memecoins has also dropped by more than 85% from a yearly high of $81.83 billion.

Solana最大的Memecoins的總市值也從每年818.3億美元的高點下降了85％以上。

Some of Solana's biggest memecoins, including Official Trump (TRUMP), Bonk (BONK), Fartcoin (FARTCOIN), Dogwifhat (WIF), and Pengu (PENGU), have taken tremendous losses as investor confidence wanes.

隨著投資者的信心減弱，索拉納（Solana）最大的成年人，包括官方特朗普（特朗普），邦克（Bonk），Fartcoin（Fartcoin），Dogwifhat（Wif）和Pengu（Pengu），遭受了巨大的損失。

As memecoin skepticism mounts, leading industry figures are highlighting the importance of investing in cryptos that represent sustainable value and real-world utility.

正如Memecoin懷疑的序幕一樣，領先的行業人物強調了代表可持續價值和現實世界實用程序的加密貨幣投資的重要性。

This trend has implications for the broader crypto market, as outflows from memecoins could negatively impact the recovery of major coins like Bitcoin and Ethereum.

這種趨勢對更廣泛的加密貨幣市場具有影響，因為來自Memecoins的流出可能會對比特幣和以太坊等主要硬幣的恢復產生負面影響。