零售超級週期。加密貨幣的下一步是什麼？

川普已經控制了加密貨幣市場。他擁有排名第 12 位的代幣，價值 150 億美元。他吸引了所有加密貨幣用戶的注意。他主導了市場上的所有代幣，不到一天的時間，他的淨資產就翻了一番。他完全控制了市場，直到…他的妻子推出了 MELANIA 幣，而他對自己的代幣發起了“吸血鬼攻擊”，導致 TRUMP 幣下跌了 50% 以上。

Original Title: "The Retail Supercycle. What's next for crypto?"

原標題：“零售超級週期。加密貨幣的下一步是什麼？”

Author: Deebs DeFi, Crypto KOL

作者：Deebs DeFi、加密貨幣 KOL

Trump has taken over the crypto market. He possesses the 12th largest token valued at $15 billion. He has the attention of all crypto users. Every token in the market is following him, and in less than a day, his net worth has doubled. He has complete control over the market until… his wife launches the MELANIA coin, and he performs a "vampire attack" on his own token, causing TRUMP coin to drop over 50%.

川普已經接管了加密貨幣市場。他擁有排名第 12 位的代幣，價值 150 億美元。他引起了所有加密貨幣用戶的注意。市場上的每一個代幣都在追隨他，不到一天的時間，他的身價就翻了一番。他完全控制了市場，直到…他的妻子推出了 MELANIA 幣，而他對自己的代幣進行了“吸血鬼攻擊”，導致 TRUMP 幣下跌了 50% 以上。

This is not to say that TRUMP coin is a scam. However, most would agree that the launch of the MELANIA coin was a huge mistake. But this mistake does not signify the end of cryptocurrency.

這並不是說川普幣是一個騙局。然而，大多數人都認為 MELANIA 幣的推出是一個巨大的錯誤。但這個錯誤並不意味著加密貨幣的終結。

In fact, it marks a new beginning, the start of a crazy cycle. Celebrity memes have become the norm, and there is no "crime" in crypto. Here are four key predictions for this cycle and the tokens/ecosystems that will have the most significant impact:

事實上，它標誌著一個新的開始，一個瘋狂循環的開始。名人模因已成為常態，加密貨幣中不存在「犯罪」。以下是此週期的四個關鍵預測以及將產生最重大影響的代幣/生態系統：

The market gets smarter, Trump memes cool down

市場變得更聰明，川普表情包降溫

It's unclear whether the Trump family will stop issuing memes or if all family members will issue them, but one thing is clear: the returns on each new token will diminish.

目前尚不清楚川普家族是否會停止發行迷因，或者所有家庭成員是否都會發行迷因，但有一件事是明確的：每個新代幣的回報都會減少。

The launch of the MELANIA coin was a big mistake; TRUMP coin was destined to reach much higher levels, potentially even DOGE-like valuations. However, Trump's inner circle revealed their hand too early.

MELANIA 幣的推出是一個很大的錯誤；川普幣注定會達到更高的水平，甚至可能達到類似狗狗幣的估值。然而，川普的核心圈子太早暴露了自己的立場。

As more TRUMP memes are released and perform poorly, traders are expected to pivot to broader markets and seek out more growth opportunities.

隨著更多川普表情包的發布和表現不佳，預計交易者將轉向更廣闊的市場並尋找更多成長機會。

Meanwhile, celebrities will be watching this goldmine closely…

同時，名人將密切關注這座金礦…

Celebrity Memes & Rugs

名人模因和地毯

Celebrities will launch their own memecoins. This is to be expected and has been anticipated by the market.

名人將推出自己的迷因幣。這是可以預料的，也是市場所預期的。

But what the market did not predict is the impact of celebrity memecoins on the market.

但市場沒有預料到的是名人迷因幣對市場的影響。

Despite the Hawk Tuah (HAWK token crash) and Floyd Mayweather (who promoted scam projects like Mayweverse) PTSD that the public has experienced, here is some key data from the past two days:

儘管公眾經歷過 Hawk Tuah（HAWK 代幣崩潰）和 Floyd Mayweather（推廣 Mayweverse 等詐騙項目）的 PTSD，但以下是過去兩天的一些關鍵數據：

Why is this data so important?

為什麼這些數據如此重要？

115,000 users is a lot.

115,000 個用戶已經很多了。

This is a new user demographic, according to Google search data.

根據谷歌搜尋數據，這是一個新的用戶群體。

Other celebrities could have a similar impact.

其他名人也可能產生類似的影響。

There are many other celebrities with huge followings who could bring hundreds of thousands of users to blockchain, just like Trump, such as Elon Musk, Mr. Beast, Taylor Swift, Justin Bieber, CR7, Messi, Jeff Bezos.

還有許多其他擁有大量追隨者的名人可以像川普一樣為區塊鏈帶來數十萬用戶，例如馬斯克、野獸先生、泰勒絲、賈斯汀比伯、CR7、梅西、傑夫貝佐斯。

Imagine if Taylor Swift launches a TSWIFT coin and brings 100,000 to 200,000 new users to blockchain. That's like adding an entire new chain to crypto, creating a new user planet in the solar system.

想像一下，如果 Taylor Swift 推出 TSWIFT 代幣，並為區塊鏈帶來 10 萬到 20 萬個新用戶。這就像在加密中添加一個全新的鏈，在太陽系中創建一個新的用戶星球。

While this is all an optimistic perspective, historically, celebrity memes often end in rug pulls. But in a bull market, people forget fast.

雖然這都是一個樂觀的觀點，但從歷史上看，名人迷因往往以地毯拉扯而告終。但在牛市中，人們很快就會忘記。

The Hawk Tuah rug incident will not stop gamblers and her fans from buying her future memes. Even if 9 out of 10 celebrity memes are rug pulls, the one that isn't will still bring much-needed users and liquidity to the crypto space.

Hawk Tuah 地毯事件不會阻止賭徒和她的粉絲購買她未來的表情包。即使十分之九的名人迷因都是廢話，但並非如此的迷因仍將為加密貨幣領域帶來急需的用戶和流動性。

AI Tokens: The Return of the King

AI代幣：王者歸來

After the cooling of Trump memes, traders will be looking for better opportunities. One of the best opportunities is AI. When thinking of AI, think APE:

川普表情包冷卻後，交易員將尋找更好的機會。最好的機會之一是人工智慧。當想到 AI 時，請想到 APE：

When considering the impact of AI on cryptocurrency, the rotation from Trump traders to DeFi profits is evident. Some of my favorite AI projects include VIRTUAL, AIXBT, AVA, FARTCOIN, and HAT.

當考慮到人工智慧對加密貨幣的影響時，從川普交易員到 DeFi 利潤的輪換是顯而易見的。我最喜歡的一些人工智慧專案包括 VIRTUAL、AIXBT、AVA、FARTCOIN 和 HAT。

Also, keep an eye on MCAP projects with standout niche use cases (not just another trading bot or launchpad):

另外，請關注具有突出利基用例的 MCAP 專案（不僅僅是另一個交易機器人或啟動板）：

SOL: The Undefeated Champion

SOL：不敗冠軍

If all goes well, TRUMP coin proves that Solana is the best chain for launching tokens, with no better alternative.

如果一切順利，川普幣證明 Solana 是發行代幣的最佳鏈，沒有更好的選擇。

Reaching a market cap of $15 billion in a day is something no other domain can achieve.

一天之內達到 150 億美元的市值是其他領域無法實現的。

Over the past two days, Solana has set new all-time highs on almost every metric (related reading: Crazy Weekend: 10 Charts Analyzing Solana's Moment in the Crypto Market):

在過去的兩天裡，Solana 幾乎在所有指標上都創下了歷史新高（相關閱讀：瘋狂週末：10 張圖表分析 Solana 在加密貨幣市場的時刻）：

Solana is the "mainstream" chain, and it seems unlikely to change in the short term.

Solana 是「主流」鏈，短期內似乎不太可能改變。