Cardano创始人查尔斯·霍斯金森（Charles Hoskinson）大满贯纪念因素

霍斯金森（Hoskinson）指出，尽管纪念物可以迅速增长，但如果他们不支持强大的生态系统，它们就会开始失去价值。

Cardano founder Charles Hoskinson has slammed memecoins, saying that 99% of them will fail as they do not support a strong ecosystem and are being used by insiders to inflate the token value.

Cardano创始人查尔斯·霍斯金森（Charles Hoskinson）抨击了成员，称其中99％的人会失败，因为它们不支持强大的生态系统，并且内部人员正在使用来膨胀令牌价值。

In an interview with the Wolf of All Streets, Hoskinson said that memecoins are like fleeting celebrity fame, which burns out quickly. Although they can grow quickly, they begin to lose value if they do not support a strong ecosystem. People must get engaged and utilize the currency for it to last any period. Without this ongoing engagement, people will quickly lose interest, demand drops, and so will value.

霍斯金森（Hoskinson）在接受《狼的狼》采访时说，模因就像短暂的名人名望一样，很快就消失了。尽管它们可以迅速增长，但如果不支持强大的生态系统，它们就会开始失去价值。人们必须订婚并利用货币来持续任何时期。如果不进行这种持续的参与，人们将很快失去兴趣，需求下降，因此价值将会下降。

“This is why 99% of memecoins will fail, because they are just paper and someone has to build community and real engagement for it to have legs. If you cannot get critical mass or real engagement, people will move on.”

“这就是为什么99％的成员会失败的原因，因为它们只是纸张，有人必须建立社区和真正的参与才能拥有腿。如果您无法获得临界质量或真正的互动，人们将继续前进。”

Another issue is how memecoins currently distribute the coins. The insider is juggling the token value and selling it for a large profit. It sounds like inside people are making short-term profits, and developers have no motivation to continue to grow and support their currency once it takes place and they make their returns.

另一个问题是Memecoins当前如何分发硬币。内部人士正在兼顾代币的价值，并出售它是为了获得大量利润。听起来人们正在赚取短期利润，而开发人员没有动力继续增长和支持他们的货币，并获得回报。

“Insiders are making money by juggling the token value up and selling it for a huge profit. It’s like a pyramid scheme or a multi-level marketing program. That’s not going to last forever. People get tired of it, they move on to the next thing, and then it begins to lose value.”

“内部人士通过杂耍代币的价值来赚钱并出售它以巨大的利润。这就像金字塔计划或多层营销计划。这不会永远持续下去。人们厌倦了它，他们继续前进，然后开始失去价值。”

Comparing the situation to "moving water from one side of the bathtub to the other," he suggested that capital invested in memecoins ultimately ends up in the hands of project founders rather than fostering technological advancement or network growth.

将情况与“将水从浴缸的一侧移到另一侧”，他建议投资于Memecoins的资本最终落入了项目创始人的手中，而不是促进技术进步或网络增长。

"There's a drain at the bottom of the tub. You're not adding liquidity—you're losing it over time,"

“浴缸底部有一个排水口。您不会添加流动性 - 随着时间的流逝，您会丢失它，”

Despite his criticisms, Hoskinson did not dismiss memecoins entirely. However, he emphasized that real value in the crypto space would come from innovations such as Bitcoin DeFi, tokenized real-world assets, and algorithmic stablecoins. These developments, unlike viral tokens with no clear roadmap, offer tangible benefits and long-term growth potential.

尽管受到了批评，但霍斯金森并未完全驳斥成人。但是，他强调，加密货币领域的实际价值将来自比特币Defi，代币化的现实世界资产和算法稳定的创新。与没有明确路线图的病毒令牌不同，这些发展具有切实的好处和长期增长潜力。

"Insiders are juggling the token value and selling it for a huge profit. It’s like a pyramid scheme or a multi-level marketing program. That’s not going to last forever. People get tired of it, they move on to the next thing, and then it begins to lose value.”

“内部人士正在兼顾代币的价值并出售它以赚取巨大的利润。就像金字塔计划或多层次营销计划。这不会永远持续下去。人们厌倦了它，他们继续前进，然后开始失去价值。”

His comments come as Cathie Wood, CEO of ARK Invest, expressed her skepticism towards memecoins, expecting most to eventually end up "worthless."

他的评论发表在Ark Invest的首席执行官Cathie Wood对Memecoins表示怀疑，期望大多数人最终“毫无价值”。

However, she noted that memecoins gained traction due to the universal integration of blockchain and AI technology, making it easy for almost anyone to create and deploy thousands of tokens.

但是，她指出，由于区块链和AI技术的普遍整合，Memecoins获得了吸引力，这使几乎任何人都可以轻松创建和部署数千个令牌。

"Our funds are staying away from memecoins," Wood said, urging investors to be aware of the risks involved.

伍德说：“我们的资金远离成人。”敦促投资者意识到所涉及的风险。

"Millions of new tokens are being created and have no value, and nothing has given global regulators the authority to call them securities. If I have one message to people buying memecoins: buyer beware."

“正在创建数百万个新令牌，没有价值，没有任何授权全球监管机构将其称为证券的权力。如果我向购买Memecoins的人们提供一条消息：买家当心。”

According to Dune Analytics data, there has been a steep decline in memecoin activity, with an average of 71,000 memecoin transactions per day on January 23, compared to 9,000 by April 1.

根据Dune Analytics数据，Memecoin活动的急剧下降，每天平均每天71,000个Memecoin交易，而到4月1日为9,000。

The combined market cap of Solana's biggest memecoins has also dropped by more than 85% from a yearly high of $81.83 billion.

Solana最大的Memecoins的总市值也从每年818.3亿美元的高点下降了85％以上。

Some of Solana's biggest memecoins, including Official Trump (TRUMP), Bonk (BONK), Fartcoin (FARTCOIN), Dogwifhat (WIF), and Pengu (PENGU), have taken tremendous losses as investor confidence wanes.

随着投资者的信心减弱，索拉纳（Solana）最大的成年人，包括官方特朗普（特朗普），邦克（Bonk），Fartcoin（Fartcoin），Dogwifhat（Wif）和Pengu（Pengu），遭受了巨大的损失。

As memecoin skepticism mounts, leading industry figures are highlighting the importance of investing in cryptos that represent sustainable value and real-world utility.

正如Memecoin怀疑的序幕一样，领先的行业人物强调了代表可持续价值和现实世界实用程序的加密货币投资的重要性。

This trend has implications for the broader crypto market, as outflows from memecoins could negatively impact the recovery of major coins like Bitcoin and Ethereum.

这种趋势对更广泛的加密货币市场具有影响，因为来自Memecoins的流出可能会对比特币和以太坊等主要硬币的恢复产生负面影响。