根據Bitwise CIO @matt_hougan的說法，“ Memecoin Supercycle”可能會在接下來的六個月內消失。

長期以來，Memecoin一直是加密貨幣市場的古怪和不可預測的部分。最初被視為幽默或投機性投資，其中許多代幣（例如Dogecoin）獲得了相當大的突出性，並煽動了大量的價格上漲

The memecoin supercycle—the phenomenon in which retail and institutional investors have poured their money into Dogecoin and Shiba Inu—could be coming to an end, according to chief investment officer of Bitwise Matt Hougan.

據Bitwise Matt Hougan的首席投資官稱，Memecoin Supercycle（零售和機構投資者將錢投入Dogecoin和Shiba Inu的現象）將結束。

In an appearance on the YouTube channel of the investing website The Motley Fool, Hougan said the “memecoin supercycle” could be brought to a halt by the next six months. If it does, it will most likely be due to the rise of potentially fraudulent tokens like Melania and Libra.

Hougan說，在投資網站The Motley Fool的YouTube頻道上露面時說，“ Memecoin Supercycle”可能會在接下來的六個月之前停止。如果是這樣，那很可能是由於Melania和Libra等潛在的欺詐令牌的興起。

The emergence of scam memecoins could be spelling the end of the memecoin narrative, according to Bitwise CIO Matt Hougan. In an interview with The Motley Fool, Hougan suggested that the memecoin supercycle, which saw a surge in retail and institutional interest in tokens like Dogecoin and Shiba Inu, could be fizzling out.

根據Bitwise Cio Cio Matt Hougan的說法，騙局Memecoins的出現可能正在拼寫敘事的終結。在接受Motley傻瓜採訪時，Hougan建議Memecoin Supercycle在諸如Dogecoin和Shiba Inu之類的代幣中引起了零售和機構興趣的激增，可能會消失。

“I think we might be seeing the memecoin supercycle come to an end,” said Hougan.

霍根說：“我認為我們可能會看到紀念超級循環結束。”

The chief investment officer believes that the narrative surrounding memecoins is getting "a bit polluted," particularly with the emergence of scam tokens.

首席投資官認為，圍繞Memecoins的敘事正在“有些污染”，尤其是隨著騙局令牌的出現。

These tokens, which are being created quickly and advertised heavily on social media, are attracting attention for all the wrong reasons. Tokens like $LIBRA and $MELANIA have been accused of having insiders with ulterior motives, such as market manipulation and money laundering.

這些代幣正在迅速創建並在社交媒體上廣告廣泛，因為所有錯誤的原因，都引起了人們的關注。諸如$ libra和$ melania之類的代幣被指控讓內部人以別有用心的動機，例如市場操縱和洗錢。

A recent analysis by blockchain analytics firm Lookonchain revealed a suspicious transaction pattern by the insider team of $LIBRA and $MELANIA tokens. The team reportedly spent 19,846 SOL (worth approximately $2.76 million) to purchase a memecoin called POPE, a token with a market capitalization of less than $150K. Afterward, they sold the POPE tokens for a mere 175 SOL (worth $24K), resulting in a massive loss of $2.73 million.

區塊鏈分析公司Lookonchain最近的一項分析顯示，$ libra和$ Melania代幣的內部人士團隊的可疑交易模式。據報導，該團隊花費了19,846索爾（價值約276萬美元），購買了一個名為Pope的成員，這是一個名為Pope的Memecoin，這是一筆市值低於15萬美元的代幣。之後，他們出售了教皇代幣的僅175索爾（價值24K），導致了273萬美元的巨額損失。

However, the most concerning aspect was how the money was moved. The loss wasn't a result of a high-risk investment but rather a calculated funneling of $2.73 million through various wallets in what appeared to be a “legal” manner, possibly indicating a sophisticated money-laundering operation. The funds were moved in a manner that made it difficult to follow their exact flow, raising further questions about the legitimacy of the operation.

但是，最令人擔憂的方面是如何搬家。損失不是高風險投資的結果，而是通過各種錢包以“法律”方式進行了273萬美元的計算匯款，這可能表明進行了精緻的洗錢業務。這些資金的移動方式使得很難遵循其確切的流動，從而提出了有關操作合法性的進一步問題。

This event has not only raised concerns about the integrity of certain memecoin ventures but also brought into question the overall health of the memecoin market. With insiders allegedly using these tokens as fronts for shady dealings, it’s becoming increasingly difficult to discern which memecoins are legitimate investment opportunities and which are part of a larger scam.

該活動不僅引起了人們對某些Memecoin Ventures完整性的擔憂，而且還質疑了Memecoin市場的整體健康狀況。據稱，內部人士將這些令牌用作陰暗交易的方面，很難辨別哪些成員是合法的投資機會，哪些是更大的騙局的一部分。

Despite the rapid decline of POPE's price after the insider team's departure, the remaining token price may still rise if there are users who believe in the project. However, the actions of the insider team suggest that they were not interested in the project's success but rather in using it for their own gains.

儘管教皇團隊離開後，教皇的價格迅速下降，但如果有用戶相信該項目，剩餘的代幣價格仍可能會上升。但是，內部人員團隊的行動表明，他們對項目的成功不感興趣，而是將其用於自己的收益。