Crypto的野生西部：代幣創建激增引起了人們對市場飽和度和Altcoin Investment的未來的擔憂

加密貨幣的景觀正在經歷代幣創建的前所未有的激增，2024年1月，一個月內推出了600,000多個新令牌的新高點。

The cryptocurrency landscape is experiencing an unprecedented surge in token creation, with January 2024 marking a new high of over 600,000 new tokens launched in a single month.

加密貨幣的景觀正在經歷代幣創建的前所未有的激增，2024年1月，一個月內推出了600,000多個新令牌的新高點。

This record-breaking figure, highlighted by CoinGecko co-founder and COO Bobby Ong, is raising concerns about market saturation and the future of altcoin investment.

Coingecko聯合創始人和COO Bobby Ong強調了這一創紀錄的人物，這引起了人們對市場飽和度和Altcoin投資未來的擔憂。

“At this rate, we’re heading towards 1 BILLION tokens in the next 5 years,” Ong warned in a social media post.

“以這種速度，我們將在未來5年中前往10億個令牌，” Ong在社交媒體帖子中警告。

He noted that compared to the average of surprising volume of new tokens is fundamentally changing the dynamics of the crypto market.

他指出，與新令牌的平均值相比，新的代幣的平均水平從根本上改變了加密市場的動態。

The surge in token creation can be attributed to factors such as the emergence of new token incubators like Pump.fun, which simplifies the token launch process.

令牌創建的激增可以歸因於諸如pump.fun等新的令牌孵化器的出現，從而簡化了令牌啟動過程。

According to Ong, the “friction of launching a token has never been lower,” fueling a trend where “if it can be tokenized, it will be tokenized.”

根據ONG的說法，“啟動令牌的摩擦從未如此降低”，這推動了一種趨勢，即“如果可以被標記化，它將被象徵化”。

The rise of meme coins further accelerates this phenomenon, as they represent “tokenized attention” and offer instant opportunities for tokenization.

模因硬幣的興起進一步加速了這一現象，因為它們代表了“象徵性的關注”並為令牌化提供了即時的機會。

This explosion of new tokens, particularly meme coins, is diverting liquidity away from established altcoins, effectively stifling the traditional alt season.

新令牌的這種爆炸，尤其是模因硬幣，正在將流動性從已建立的山寨幣轉移，從而有效地扼殺了傳統的ALT季節。

In previous cycles, investors would rotate profits from Bitcoin (BTC) into larger, established altcoins, creating a wave of upward momentum across the altcoin market.

在以前的周期中，投資者將將比特幣（BTC）的利潤旋轉到更大的，已建立的山寨幣，從而在整個Altcoin市場上創造了向上勢頭的浪潮。

However, with hundreds of thousands of new tokens vying for attention and investment, liquidity is now fragmented and dispersed, making it harder for established projects to gain traction.

但是，隨著成千上萬的新代幣爭奪關注和投資，流動性現在被分散和分散，使成熟的項目更難獲得吸引力。

Also Read: Solana Meme Coin Ecosystem Under Fire: Galaxy Research Cites LIBRA Rug Pull As Major Blow

另請閱讀：《火災下的索拉納模因硬幣生態系統：銀河系研究》引用天秤座地毯作為重大打擊

The proliferation of new tokens isn’t the only factor.

新令牌的擴散不是唯一的因素。

The growth of new blockchains and decentralized exchanges (DEXs) is also contributing to market fragmentation.

新區塊鍊和分散交流（DEX）的增長也有助於市場破裂。

Ong notes that “5-10 new chains launch every month,” along with a multiplication of DEXs, further diluting liquidity and investment across an ever-expanding array of platforms and assets.

ONG指出，“每月5-10個新連鎖店都會推出”，以及DEX的繁殖，進一步稀釋了不斷擴展的平台和資產的流動性和投資。

Speaking with Benzinga, Azeem Khan, co-founder of Morph, echoes these concerns, highlighting the risk of prioritizing quantity over quality.

Morph的聯合創始人Azeem Khan與Benzinga交談，回應了這些擔憂，強調了優先級數量而不是質量的風險。

“The exponential growth in token creation presents a major issue that few are addressing: the loudest voices in the room are the ones getting heard.

“令牌創建的指數增長提出了一個很少有人解決的主要問題：房間裡最響亮的聲音是聽到的。

Historically, though, the loudest voices tend to be the least informed.

但是，從歷史上看，最響亮的聲音往往是最不知情的。

This misalignment of incentives has created an environment where scammers thrive,” Khan warned.

這種激勵措施的錯位創造了一個騙子蓬勃發展的環境。”可汗警告說。

He emphasized the need for stricter vetting processes to maintain trust and protect the industry from bad actors, citing incidents such as the $LIBRA coin as examples of the potential for fraud.

他強調需要更嚴格的審查過程來維持信任並保護行業免受不良行為者的侵害，並以$ libra硬幣等事件為欺詐潛力的例子。

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