跟隨川普的牛市

許多老玩家和經驗豐富的投資者都覺得，2024年的多頭市場與2021年的多頭市場有很大不同，難度也不同。

This article analyzes the unique characteristics of the 2024 bull market in crypto assets, highlighting the role of Trump's presidency and Western concepts in shaping the market narrative.

本文分析了 2024 年加密資產牛市的獨特特徵，強調了川普總統任期和西方觀念在塑造市場敘事中的作用。

The article begins by discussing the challenges faced by the bull market, including the lack of native narrative creation, absence of new investors, influx of projects with high FDV for harvesting, and the stalled progress towards mass adoption.

文章首先討論了牛市面臨的挑戰，包括缺乏本土敘事創作、缺乏新投資者、高 FDV 項目湧入等待收穫以及大規模採用進展停滯等。

Despite these challenges, the article argues that the key to wealth often lies within the riddle itself. Following Trump's presidency, crypto assets have seemingly become a market dominated by the West. Almost all major positive news and narrative innovations in this round have come from Western capital, whether it's SocialFi, DePIN, or Restaking.

儘管有這些挑戰，文章認為，財富的關鍵往往就在於謎語本身。川普就任總統後，加密資產似乎已成為西方主導的市場。本輪幾乎所有重大正面新聞和敘事創新都來自西方資本，無論是SocialFi、DePIN或Restake。

In this "most difficult bull market in history," one can simply switch to Easy mode by following Trump and Western concepts. Trump's Positive Meme

在這場「史上最艱難的牛市」中，只要跟隨川普和西方理念，就可以切換到Easy模式。川普的正向迷因

BTC

比特幣

After Trump took office, BTC was the first to lead the charge. With the memories of the 2021 boom still fresh, many old players hope to replicate the previous Alt season, while new players are lost in the fantasy of "going all in on altcoins and lying down to get rich." However, in this bull market, holding BTC has already outperformed a portfolio full of altcoins.

川普上台後，BTC率先衝鋒。 2021年的繁榮記憶猶新，不少老玩家希望複製之前的山寨幣賽季，而新玩家則迷失在「全力投入山寨幣，躺著致富」的幻想中。然而，在這次多頭市場中，持有 BTC 的表現已經優於充滿山寨幣的投資組合。

Since the beginning of the year, BTC has surged from 40k to around 98k, achieving a return of over 200%. The only assets that have outperformed BTC during this period are those in the meme sector and some mainstream public chain tokens (such as SOL and SUI), while most altcoins have shown little price difference compared to the beginning of the year.

今年以來，BTC從4萬飆升至9.8萬左右，實現了200%以上的回報。在此期間唯一表現優於 BTC 的資產是 meme 領域的資產和一些主流公鏈代幣（如 SOL 和 SUI），而大多數山寨幣與年初相比價格差異不大。

Before the election, Trump has been publicly promoting BTC. At the Bitcoin 2024 conference held in Nashville, Trump appeared and delivered a nearly one-hour speech, claiming he would "fire the SEC chairman" and "never sell your Bitcoin." He also announced plans to establish a national strategic reserve for Bitcoin and ensure that the U.S. becomes the world's crypto center and a Bitcoin superpower. After Trump's election, the various favorable policies and positive commitments towards Bitcoin are quite rare in the global capital market. With Trump's endorsement, BTC broke through the long-standing resistance at the 70k mark with brute force, achieving a 40% increase in a short period.

大選前，川普一直在公開宣傳比特幣。在納許維爾舉行的比特幣 2024 大會上，川普出現並發表了近一個小時的演講，聲稱他將「解僱 SEC 主席」並「永遠不會出售你的比特幣」。他也宣布計劃建立比特幣國家戰略儲備，確保美國成為世界加密貨幣中心和比特幣超級大國。川普當選後，對比特幣的各種利多政策和積極承諾在全球資本市場上實屬罕見。在川普的背書下，BTC強勢突破70k關口長期阻力，實現短期漲幅40%。

In addition to the ETF, the national strategic reserve and Bitcoin superpower narrative have become the biggest stories for BTC.

除了ETF之外，國家戰略儲備和比特幣超級大國敘事也成為BTC最大的故事。

DOGE

狗狗

As the original meme coin, Dogecoin has deep ties with Musk and Trump. In April 2019, Musk tweeted that Dogecoin was his favorite cryptocurrency, calling it "cool." In May 2021, during an episode of Saturday Night Live, Musk referred to himself as the "Dogefather" and called Dogecoin "the people's crypto." Over time, Musk has become increasingly associated with Dogecoin, even becoming its public image spokesperson. To this day, DOGE has gone through four bull and bear cycles but remains firmly in the top ten of crypto market capitalization.

作為最初的迷因幣，狗狗幣與馬斯克和川普有著深厚的淵源。 2019 年 4 月，馬斯克在推特上表示，狗狗幣是他最喜歡的加密貨幣，稱其為「很酷」。 2021 年 5 月，在《週六夜現場》的一集中，馬斯克稱自己為“狗狗之父”，並稱狗狗幣為“人民的加密貨幣”。隨著時間的推移，馬斯克與狗狗幣的連結越來越緊密，甚至成為其公共形象代言人。時至今日，DOGE已經經歷了四個牛熊週期，但仍穩居加密貨幣市值前十名。

Most people hold the belief that "the market cap is too large to move" and "buy new, not old," and thus do not pay much attention to DOGE. However, after its launch, DOGE embarked on an independent rally, stunning everyone with its "path to growth." It has quadrupled in the past year and doubled in the past month, heading straight for $1.

大多數人持有「市值太大而無法移動」和「買新不買舊」的信念，因此不太關注DOGE。然而，上線後，DOGE卻走上了獨立造勢之路，以其「成長之路」震驚了所有人。它在過去一年翻了四倍，在過去一個月裡翻了一番，直奔 1 美元。

PEPE

PEPE

The name Pepe comes from the character Pepe the Frog created by American cartoonist Matt Furie, first appearing in his work "Boy's Club." This character won affection with its cute appearance and comical expressions, gaining some attention on the internet. Pepe the Frog first appeared in a comic in 2005 and later became a widely recognized meme in internet culture. Pepe Coin was launched on Ethereum in April 2023 and began to surge in February of this year after nearly a year of consolidation. It has since maintained a market cap fluctuating in the billions.

Pepe這個名字來自美國漫畫家Matt Furie創作的青蛙佩佩（Pepe the Frog）角色，首次出現在他的作品《男孩俱樂部》中。這個角色以其可愛的外表和滑稽的表情贏得了人們的喜愛，在網路上引起了一些關注。佩佩青蛙於 2005 年首次出現在漫畫中，後來成為網路文化中廣泛認可的迷因。佩佩幣於 2023 年 4 月在以太坊上線，經過近一年的盤整，於今年 2 月開始飆升。此後，其市值一直保持在數十億美元之間波動。

As a popular meme in the West, Pepe went live on Robinhood and Coinbase after being dormant for six months. Robinhood, the largest trading platform for U.S. stocks, previously only listed DOGE and SHIB as meme coins, and the addition of PEPE indicates the U.S. market's recognition of PEPE. This significant development for Pepe in the U.S. market led to a 50% surge, briefly breaking the $10 billion mark.

作為西方流行的迷因，佩佩在休眠六個月後在 Robinhood 和 Coinbase 上上線。美股最大交易平台Robinhood先前僅將DOGE和SHIB列為meme幣，PEPE的加入表明了美國市場對PEPE的認可。 Pepe 在美國市場的這一重大發展導致其股價飆升 50%，短暫突破 100 億美元大關。

WIF

無線IF

In late December 2019, images of various logos and images added to beanies became popular as profile pictures among esports organizations and celebrities on Twitter. WIF, short for dogwifhat, was inspired by the original meme "DOGE," combined with the viral characteristics of the beanie.

2019 年 12 月下旬，各種標誌的圖像和添加到無簷小便帽上的圖像作為 Twitter 上電子競技組織和名人的個人資料圖片而流行。 WIF 是 Dogwifhat 的縮寫，靈感來自於原始模因“DOGE”，並結合了無簷小便帽的病毒特徵。

WIF's trajectory is similar to that of PEPE, making it a younger sibling of PEPE.

WIF 的發展軌跡與 PEPE 相似，是 PEPE 的弟弟。