柴犬（SHIB）是個好的投資嗎？這是優點和缺點

很少有資產比柴犬 (SHIB) 更能展現成為百萬富翁的潛力，這是一種備受爭議的加密貨幣，在 2021 年飆升了 45,278,000%。

Shiba Inu (CRYPTO: SHIB) is a meme coin that soared by 45,278,000% in 2021, easily making it one of the most explosive assets of the last decade. But this hype-fueled rally also led to a swift decline, with the token giving up most of its gains by mid-2022.

Shiba Inu（加密貨幣：SHIB）是一種迷因幣，在 2021 年飆升了 45,278,000%，輕鬆使其成為過去十年最具爆炸性的資產之一。但這種炒作推動的上漲也導致了迅速下跌，到 2022 年中期，該代幣回吐了大部分漲幅。

Now, after a period of relative calm, Shiba Inu is rising once again. Let's quickly discuss its pros and cons to decide if it has become a good long-term buy.

現在，經過一段時間的相對平靜後，柴犬再次崛起。讓我們快速討論一下它的優點和缺點，以確定它是否適合長期購買。

A more speculative way to bet on cryptoA meme coin, which started in 2013 with Dogecoin (CRYPTO: DOGE), is a less serious cryptocurrency that's typically based on an internet joke. Unlike mainstream cryptocurrencies, they aren't designed for any real-world utility or to improve upon the shortcomings of other networks. Shiba Inu was created in 2020 as an alternative to Dogecoin, copying some of the older cryptocurrency's branding, like the Shiba Inu hunting dog.

一種更具投機性的加密貨幣押注方式模因幣於 2013 年以狗狗幣（加密貨幣：DOGE）開始，是一種不太嚴肅的加密貨幣，通常基於互聯網笑話。與主流加密貨幣不同，它們並不是為了任何現實世界的實用性而設計的，也不是為了改善其他網路的缺點。 Shiba Inu 於 2020 年創建，作為狗狗幣的替代品，複製了一些舊加密貨幣的品牌，例如 Shiba Inu 獵犬。

Over the long term, meme coins have tended to be poor investments because they are usually controlled by anonymous developers with little accountability. Their typically small size also makes them vulnerable to exit scams (also known as rug pulls), where the majority holders quickly sell their stakes for a profit and abandon the project. That said, there could be a silver lining for some of these controversial assets.

從長遠來看，模因幣往往是糟糕的投資，因為它們通常由匿名開發商控制，幾乎不承擔任何責任。它們的規模通常較小，也使它們容易遭受退出騙局（也稱為“地毯拉動”），即多數持有者迅速出售其股份以獲取利潤並放棄該項目。也就是說，其中一些有爭議的資產可能還有一線希望。

Can meme coins "graduate"?The truth is that no cryptocurrency boasts significant real-world utility. According to Statista, only 0.2% of online transactions are made using digital assets.

模因幣能「畢業」嗎？根據 Statista 的數據，只有 0.2% 的線上交易是使用數位資產進行的。

And while programmable blockchains like Ethereum (CRYPTO: ETH) have vast ecosystems of decentralized applications (dApps), most haven't left the speculative and experimental stage. To that point, Shiba Inu itself is a token programmed on the Ethereum network.

儘管像以太坊（CRYPTO：ETH）這樣的可編程區塊鏈擁有龐大的去中心化應用程式（dApp）生態系統，但大多數還沒有離開推測和實驗階段。就這一點而言，柴犬本身就是以太坊網路上編程的代幣。

In general, cryptocurrencies (meme coins or otherwise) get their value based on what other people are willing to pay for them. And as meme coins like Shiba Inu gain more mainstream acceptance over time, they could eventually become viable alternatives to the big names.

一般來說，加密貨幣（模因幣或其他貨幣）的價值取決於其他人願意為其支付的價格。隨著像柴犬這樣的迷因幣隨著時間的推移獲得更多主流接受，它們最終可能成為大牌的可行替代品。

Is the Trump administration a catalyst for growth?Shiba Inu prices have risen around 92% over the last 12 months, and some of this might be related to political optimism. On the campaign trail, President-elect Donald Trump struck a conciliatory tone toward the cryptocurrency industry, suggesting he might create a Bitcoin strategic reserve and potentially ease regulations on digital assets.

川普政府是經濟成長的催化劑嗎？在競選過程中，當選總統唐納德·川普對加密貨幣行業採取了和解的態度，暗示他可能會建立比特幣戰略儲備，並有可能放鬆對數位資產的監管。

If true, this would mark a significant departure from the Biden administration, which saw the Securities and Exchange Commission (SEC) file lawsuits against major industry players like Coinbase (NASDAQ:COIN) over alleged violations of securities law.

如果屬實，這將標誌著拜登政府的重大轉變，美國證券交易委員會 (SEC) 對 Coinbase (納斯達克股票代碼：COIN) 等主要行業參與者提起訴訟，指控其違反證券法。

According to The Associated Press, Trump plans to fill the open spot following the announced resignation of the current SEC head, Gary Gensler, with cryptocurrency advocate Paul Atkins, who is widely expected to take a softer approach.

根據美聯社報道，在現任SEC 主席加里·詹斯勒(Gary Gensler) 宣布辭職後，川普計劃由加密貨幣倡導者保羅·阿特金斯(Paul Atkins) 填補空缺，人們普遍預計他會採取更溫和的態度。

Less regulatory uncertainty could open the door for more stable institutional ownership in the industry, which could reduce volatility and support growth. That said, the early benefits will probably flow to more established coins like Bitcoin and Ethereum. And it could take years for Shiba Inu to shed its meme coin stigma.

監管不確定性的減少可能為該行業更穩定的機構所有權打開大門，從而減少波動性並支持成長。也就是說，早期的好處可能會流向比特幣和以太幣等更成熟的貨幣。柴犬可能需要數年時間才能擺脫迷因幣的恥辱。

Is Shiba Inu a buy?Right now, most of the bullish catalysts for Shiba Inu this year are related to the cryptocurrency industry as a whole, not Shiba Inu specifically. The token doesn't have many fundamental advantages that help it stand out from the thousands of other competing projects.

柴犬值得買入嗎？該代幣沒有太多基本優勢來幫助它從數千個其他競爭項目中脫穎而出。

If Shiba Inu remains popular over the long term, it could eventually shed the meme-coin stigma and become more accepted as an investment vehicle despite its lack of real-world utility. But until then, investors may want to stick to the more established coins like Bitcoin and Ethereum, which stand to benefit the most from potential industry deregulation.

如果柴犬長期保持受歡迎，它最終可能會擺脫迷因幣的恥辱，並作為投資工具而被更廣泛地接受，儘管它缺乏現實世界的實用性。但在那之前，投資者可能希望堅持使用比特幣和以太坊等更成熟的貨幣，這些貨幣將從潛在的行業放鬆管制中受益最多。