對沖基金在利潤激增的情況下擁抱 Memecoin 狂熱

由於價格大幅上漲和利潤顯著（超過了比特幣和主要山寨幣），對沖基金正在冒險進入快速成長的迷因幣領域。紐波特海灘對沖基金Stratos 推出了一隻帶有Dogwifhat 代幣的流動基金，2024 年第一季的回報率為137%。 ，因為它們具有潛在的價值。創建 memecoin 的便利性和基礎設施的可用性（例如 Pump.fun 和低費用區塊鏈）進一步推動了它們在加密市場的成長和接受度。

Hedge Funds Flock to Memecoin Allure Amidst Surging Profits

獲利飆升，對沖基金紛紛湧向 Memecoin

In a recent Bloomberg report, the hedge fund industry's growing fascination with the often-volatile world of memecoins has come to light. Fuelled by recent price increases and substantial profits that have surpassed those of established cryptocurrencies like Bitcoin (BTC) and major altcoins, hedge funds are venturing into this nascent sector with increasing enthusiasm.

彭博社最近的一份報告顯示，對沖基金產業對經常波動的迷因幣世界越來越著迷。在最近的價格上漲和超過比特幣（BTC）和主要山寨幣等成熟加密貨幣的豐厚利潤的推動下，對沖基金正以越來越高的熱情冒險進入這個新興領域。

Memecoin Mania: A Case Study

Memecoin 狂熱：案例研究

Newport Beach-based Stratos serves as a prime example of the appeal that memecoins hold for traditional finance institutions. In December, the firm launched a liquid fund with the Dogwifhat token, a Solana-based memecoin known for its mascot, a beanie-wearing dog.

總部位於紐波特海灘的 Stratos 是模因幣對傳統金融機構具有吸引力的典型例子。去年 12 月，該公司推出了一款流動基金，其中包括 Dogwifhat 代幣，這是一種基於 Solana 的 memecoin，以其吉祥物——一隻戴著無簷小便帽的狗而聞名。

Dogwifhat's meteoric rise in value, with its price surging over 300 times, reportedly propelled Stratos to a staggering 137% return in the first quarter of 2024. This outpaced the broader crypto market's gains, solidifying Dogwifhat's role as a major player in the crypto sphere. However, it is important to note that Dogwifhat has since retraced more than 35% from its March 31 all-time high of $4.83 and is currently trading at $3.09.

據報道，Dogwifhat 的價值迅速上漲，價格飆升了300 多倍，推動Stratos 在2024 年第一季實現了驚人的137% 回報率。主要參與者的地位。然而，值得注意的是，Dogwifhat 自 3 月 31 日歷史高點 4.83 美元以來已回撤超過 35%，目前交易價格為 3.09 美元。

Stratos is not alone in its pursuit of memecoin investments. Other hedge funds have also been drawn to this emerging market. Asset manager Brevan Howard has reportedly made a "tiny" investment in memecoins, while crypto fund Pantera Capital has recently emphasized the staying power and lucrative trading opportunities presented by these tokens.

Stratos 並不是唯一一家追求 memecoin 投資的公司。其他對沖基金也被吸引到這個新興市場。據報道，資產管理公司 Brevan Howard 對 memecoin 進行了「小額」投資，而加密基金 Pantera Capital 最近強調了這些代幣帶來的持久力和利潤豐厚的交易機會。

Skepticism and Speculative Frenzy

懷疑主義和投機狂潮

Despite the enthusiasm from some hedge funds, the report notes that many crypto participants remain skeptical of the value and sustainability of memecoins. Quinn Thompson, founder of Lekker Capital, a hedge fund experimenting with trading memecoins, likened the current frenzy to the speculative fervor observed in traditional markets with stocks like GameStop. He described memecoins as the "tip of the spear for speculation" and emphasized the "gambling-like" nature of their trading.

儘管一些對沖基金表現出熱情，但報告指出，許多加密貨幣參與者仍然對模因幣的價值和可持續性持懷疑態度。 Lekker Capital（嘗試交易 memecoin 的對沖基金）的創始人 Quinn Thompson 將當前的狂熱比作傳統市場上 GameStop 等股票的投機熱情。他將模因幣描述為“投機的矛尖”，並強調其交易的“賭博性質”。

Cosmo Jiang, a portfolio manager at Pantera Capital, acknowledged the evolution of memecoins beyond mere jokes, referring to some as "culture coins" that symbolize membership in a particular group or belief system.

Pantera Capital 的投資組合經理 Cosmo Jiang 承認模因幣的演變不僅僅是笑話，並將其中一些稱為“文化幣”，象徵著特定群體或信仰體系的成員資格。

The Proliferation of Memecoins and Growing Infrastructure

Memecoin 的激增和基礎設施的不斷發展

The ease of creating and launching memecoins has escalated with the emergence of apps like Pump.fun, which allow users to mint coins in minutes. Blockchains like Solana and Coinbase's Base, offering low trading fees, have been inundated with these novel tokens.

隨著 Pump.fun 等應用程式的出現，創建和啟動 memecoin 變得越來越容易，用戶可以在幾分鐘內鑄造硬幣。像 Solana 和 Coinbase's Base 這樣的區塊鏈提供較低的交易費用，已經被這些新穎的代幣淹沒了。

Josh de Vos, research lead at CCData, highlights the improved infrastructure supporting memecoins, including increased liquidity and the development of advanced futures markets on centralized exchanges (CEX).

CCData 研究主管 Josh de Vos 強調了支持 memecoin 的基礎設施的改善，包括流動性的增加以及中心化​​交易所 (CEX) 上先進期貨市場的發展。

Growing Acceptance and Institutional Involvement

越來越多的接受度和機構參與

As more hedge funds take memecoins seriously, Rennick Palley of Stratos anticipates a growing focus on these crypto assets. Drawing parallels to the initial skepticism surrounding cryptocurrencies, Palley suggests that meme-only funds may emerge, mirroring the creation of non-fungible token (NFT) funds.

隨著越來越多的對沖基金認真對待 memecoin，Stratos 的 Rennick Palley 預計這些加密資產將受到越來越多的關注。與最初圍繞加密貨幣的懷疑論相似，Palley 認為純模因基金可能會出現，這反映了不可替代代幣 (NFT) 基金的創建。

To underscore the interest and adoption of these emerging tokens, a recent study by CoinGecko revealed that in the first quarter of 2024, memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens.

為了強調這些新興代幣的興趣和採用，CoinGecko 最近的一項研究顯示，在 2024 年第一季度，memecoin 成為最賺錢的加密貨幣，其頂級代幣的平均回報率高達 1312.6%。

Currently, the largest memecoin on the market, Dogecoin (DOGE), is trading at $0.1616, up 5% in the last seven days. It boasts a market capitalization of $23 billion.

目前，市場上最大的 memecoin 狗狗幣 (DOGE) 的交易價格為 0.1,616 美元，在過去 7 天內上漲了 5%。它擁有230億美元的市值。

Disclaimer: This article is provided solely for educational purposes. It does not constitute investment advice and should not be construed as such. Investing involves risks, and it is essential to conduct thorough research and due diligence before making any investment decisions.

免責聲明：本文僅用於教育目的。它不構成投資建議，也不應被解釋為投資建議。投資涉及風險，在做出任何投資決定之前進行徹底的研究和盡職調查至關重要。