加密市場的情緒在過去一周中受到了重大打擊

在Mantra的OM令牌崩潰之後

Crypto investor sentiment took a significant hit this past week, following the dramatic collapse of Mantra’s OM token. The token plummeted by over 90% within hours on Sunday, April 13.

在Mantra的OM令牌劇烈崩潰之後，上週加密投資者的情緒受到了重大打擊。 4月13日（星期日）在幾個小時內，代幣暴跌了90％以上。

This sudden drop—from roughly $6.30 to below $0.50—has drawn comparisons to previous catastrophic events in the crypto space, such as the infamous Terra-Luna collapse. The incident has also raised eyebrows and concerns about liquidity issues within the industry, as well as the overall health of the crypto market.

從大約6.30美元到低於$ 0.50的突然下降，與以前的加密空間中的災難性事件進行了比較，例如臭名昭​​著的Terra-Luna崩潰。該事件還引起了人們對行業內流動性問題以及加密貨幣市場的整體健康問題的關注。

Following the OM token crash, which saw the vast majority of investor funds wiped out, disgruntled investors took to social media to level accusations of market manipulation.

在OM令牌崩潰之後，絕大多數投資者資金被淘汰了，心懷不滿的投資者帶到了社交媒體上，以對市場操縱的指控進行水平指控。

Discussing the implications of the OM token crash, Gracy Chen, CEO of cryptocurrency exchange Bitget, said that the rapid price changes in OM during periods of low liquidity were a result of concentrated wealth and opaque governance, together with sudden large-scale token inflows and outflows on exchanges. These factors, in turn, led to a drastic price drop.

加密貨幣交易所Bitget的首席執行官Gracy Chen討論了OM令牌崩潰的含義，他說，低流動性期間OM的價格迅速變化是集中財富和不透明治理的結果，以及突然的大規模代幣的流入和交流中的大規模代幣流入和流出。這些因素反過來導致了價格急劇下降。

“The OM token crash has exposed several critical issues that we are seeing not just in OM, but also as an industry,” said Chen. “As the cryptocurrency market continues to evolve, it’s crucial for exchanges and investors to stay vigilant and adaptable to the changing landscape of the crypto ecosystem.”

Chen說：“ OM令牌崩潰暴露了幾個關鍵問題，我們不僅在OM中，而且是一個行業。” “隨著加密貨幣市場的不斷發展，交流和投資者保持警惕和適應不斷變化的加密生態系統的景觀至關重要。”

Coinbase has said that cryptocurrencies may be entering a bear market that could last until a recovery is anticipated in the third quarter of 2025, according to the firm’s latest monthly report for institutional investors.

Coinbase表示，根據該公司對機構投資者的最新月度報告，加密貨幣可能會進入熊市，該市場可能會持續到2025年第三季度的複蘇。

In its April 15 report, Coinbase’s researchers said that the altcoin market cap had shrunk by 41%, from its December 2024 highs of $1.6 trillion to approximately $950 billion by mid-April 2025. BTC Tools data indicated that the altcoin market cap reached a low of $906.9 billion on April 9, 2025.

Coinbase的研究人員在4月15日的報告中表示，從2024年12月的Highs縮減了41％，到2025年中期到2025年，其2024年高點為1.6萬億美元，至9500億美元。 BTC工具數據表明，Altcoin市值在4月9日在4月9日，20225年4月9日至9069億美元。

Meanwhile, venture capital funding for crypto projects has reportedly decreased by 50% to 60% compared to previous years, reflecting a broader downturn in investor confidence.

同時，與往年相比，據報導，加密項目的風險投資資金已下降50％至60％，反映了投資者信心的低迷。

Coinbase global head of research David Duong said that several converging signals might indicate the onset of a new 'crypto winter,' which could be exacerbated by global tariffs and negative sentiment.

Coinbase全球研究負責人David Duong表示，一些融合信號可能表明新的“加密冬季”的發作可能會因全球關稅和負面情緒而加劇。

In a separate incident, Manta Network co-founder Kenny Li said that he was targeted by a sophisticated phishing attack on Zoom by North Korean hackers. The attack involved live recordings of familiar individuals to lure him into downloading malware.

在另一起事件中，Manta Network聯合創始人肯尼·李（Kenny Li）說，朝鮮黑客對Zoom進行了精緻的網絡釣魚攻擊。襲擊涉及熟悉的人的實時錄音，以吸引他下載惡意軟件。

“I could see their legit faces. Everything looked very real. But I couldn’t hear them. It said my Zoom needs an update. But it asked me to download a script file. I immediately left,” said Li.

“我可以看到他們的合法面孔。一切看起來都非常真實。但是我聽不到它們。它說我的變焦需要更新。但是它要求我下載一個腳本文件。我立即離開了。”

Later, he confirmed that the state-backed Lazarus Group was behind the attack. The incident has raised concerns about cybersecurity threats in the crypto space.

後來，他確認由州支持的拉撒路集團是襲擊的幕後黑手。該事件引起了人們對加密空間中網絡安全威脅的擔憂。

Despite these challenges, the cryptocurrency market is still witnessing some positive narratives. A report by CoinGecko has shown that artificial intelligence tokens and memecoins dominated investor interest in the first quarter of 2025, rendering the greatest returns to investors. Together, they accounted for 62.8% of the market.

儘管面臨這些挑戰，但加密貨幣市場仍在見證一些積極的敘述。 Coingecko的一份報告表明，人工智能令牌和Memecoins在2025年第一季度主導了投資者的興趣，從而使投資者獲得了最大的回報。他們一起佔市場的62.8％。

CoinGecko data showed that AI tokens captured 35.7% of global investor interest, while memecoins held a 27.1% share.

Coingecko數據顯示，AI令牌佔全球投資者的35.7％，而Memecoins持有27.1％的份額。

“Despite the turbulent market conditions, we observed a strong emphasis on emerging technologies, with AI tokens displaying remarkable performance in Q1 2025,” said Bobby Ong, co-founder and COO of CoinGecko.

“儘管有動蕩的市場條件，但我們非常重視新興技術，AI令牌在第1季度2025年表現出色，” Coingecko的聯合創始人兼COO Bobby Ong說。

“We are also seeing a continuation of last year’s trends, such as the enduring popularity of memecoins. It seems like we have yet to see another new narrative emerge and we are still following past quarters’ trends.”

“我們還看到了去年趨勢的延續，例如Memecoins的持久普及。似乎我們還沒有看到另一個新的敘述出現，並且我們仍在追隨過去的季節的趨勢。”

Meanwhile, the crypto lending market has experienced a significant downturn, reporting a decline of over 43% from its all-time high of $64.4 billion in 2021, now standing at $36.5 billion by the fourth quarter of 2024.

同時，加密貨幣貸款市場經歷了重大的衰退，報告說，其歷史上的高價下降了43％以上，2021年的歷史高度為644億美元，現在到2024年第四季度一直保持365億美元。

According to research associate at Galaxy Digital Zack Pokorny, this decrease can be attributed to the fallout from major CeFi lenders, such as Genesis and Celsius Network, which filed for bankruptcy, leading to a drastic reduction in the lending market.

根據Galaxy Digital Zack Pokorny的研究助理的說法，這種減少可以歸因於主要CEFI貸方的後果，例如Genesis和Celsius Network，它們申請破產，導致貸款市場的急劇下降。

On the decentralized finance (DeFi) side, borrowing has made a remarkable recovery, surging 959% from bear market lows. Most of the 100 largest cryptocurrencies by market capitalization ended the week on a positive note, with the decentralized exchange Raydium’s (RAY) token rising over 26%, making it the week’s biggest gainer.

在分散的金融（DEFI）方面，借貸取得了顯著恢復，從熊市低點飆升了959％。市值的100個最大加密貨幣中，大多數都以積極的態度結束了一周，分散的交換雷迪恩（Ray）代幣上漲了26％以上，這使得它是本週最大的獲利者。

The AB blockchain (AB) utility token also saw a significant increase of over 19% on the weekly chart. After hitting a low of $0.1648 on April 10,

AB區塊鏈（AB）公用事業令牌在每週圖表上也顯著增長了19％以上。在4月10日達到0.1648美元的低點之後