对冲基金经理大卫·艾因霍恩批评新的加密货币和模因币

对冲基金经理大卫·艾因霍恩批评了已发行的新加密货币和模因币，称投资者的常识已经消失。

Hedge fund manager David Einhorn has slammed the slew of new cryptocurrencies and memecoins that hit the market, arguing that investors have lost all common sense.

对冲基金经理大卫·艾因霍恩(David Einhorn)猛烈抨击了市场上大量新的加密货币和模因币，认为投资者已经失去了所有常识。

“We have reached the ‘Fartcoin’ stage of the market cycle,” Einhorn wrote in a letter to investors in his Greenlight Capital hedge fund. “Other than trading and speculation, it serves no other obvious purpose and fulfills no need that is not served elsewhere.”

“我们已经到达了市场周期的‘Fartcoin’阶段，”艾因霍恩在给他的 Greenlight Capital 对冲基金投资者的一封信中写道。 “除了交易和投机之外，它没有其他明显的目的，也没有满足其他地方无法满足的需求。”

Einhorn was referring to Fartcoin, a meme token that has exploded in popularity as the re-election of Donald Trump sparks a frenzy in the cryptocurrency market. Despite having no practical utility, Fartcoin now boasts a market capitalization of nearly $2 billion, surpassing many small-cap stocks.

艾因霍恩指的是“Fartcoin”，这是一种模因代币，随着唐纳德·特朗普的连任引发了加密货币市场的狂热，该代币迅速流行起来。尽管没有实际用途，Fartcoin 现在的市值已接近 20 亿美元，超过了许多小盘股。

Memecoin Mania

模因币狂热

In his letter to investors, Einhorn also went on to criticize the proliferation of memecoins that have emerged since the U.S. election last November. In recent days both U.S. President Donald Trump and his wife Melania have each launched their own memecoins ahead of the presidential inauguration.

在给投资者的信中，艾因霍恩还批评了去年 11 月美国大选以来出现的模因币的扩散。最近几天，美国总统唐纳德·特朗普和他的妻子梅拉尼娅都在总统就职典礼之前推出了自己的模因币。

“Nothing stops the launch of many more tradable coins,” Einhorn wrote. “Perhaps we are leaving the Fartcoin stage of the market and entering the Trump (and Melania) memecoin stage. It’s anyone’s guess as to what will happen next, but it feels like it’s going to be wild.”

“没有什么可以阻止更多可交易代币的推出，”艾因霍恩写道。 “也许我们正在离开市场的 Fartcoin 阶段，进入特朗普（和梅拉尼娅）模因币阶段。任何人都可以猜测接下来会发生什么，但感觉会很疯狂。”

Crypto Peak

加密峰

Einhorn’s letter comes as some analysts and investors speculate that a crypto bubble might burst now that Trump is back in the White House. Some market observers have pointed to the Trump and Melania memecoins as a potential tipping point for the crypto industry.

艾因霍恩写这封信之际，一些分析师和投资者猜测，特朗普重返白宫后，加密货币泡沫可能会破裂。一些市场观察人士指出，特朗普和梅拉尼娅模因币是加密行业的潜在转折点。

Einhorn revealed that his hedge fund, Greenlight Capital, took advantage of the crypto frenzy during last year’s fourth quarter by shorting, or betting against, some popular spot Bitcoin (BTC) exchange-traded funds (ETFs). David Einhorn is a well-known value investor. Top holdings in his hedge fund include Green Brick Partners (NYSE:GRBK) and Kyndryl Holdings (NYSE:KD).

艾因霍恩透露，他的对冲基金 Greenlight Capital 利用去年第四季度的加密货币热潮，做空或做空一些流行的现货比特币 (BTC) 交易所交易基金 (ETF)。大卫·艾因霍恩（David Einhorn）是著名的价值投资者。他的对冲基金中持有最多的股票包括 Green Brick Partners (NYSE:GRBK) 和 Kyndryl Holdings (NYSE:KD)。

However, Einhorn also disclosed in his investor letter that he owns shares of serial Bitcoin acquirer MicroStrategy (NASDAQ:MSTR).

然而，艾因霍恩还在他的投资者信中透露，他拥有比特币连续收购者 MicroStrategy（纳斯达克股票代码：MSTR）的股票。

Is BTC a Buy?

比特币值得买入吗？

Most Wall Street firms don't offer ratings or price targets on Bitcoin, so we'll look at the cryptocurrency's three-month performance instead. As one can see in the chart below, the price of BTC has risen 54.11% in the last 12 weeks.

大多数华尔街公司不提供比特币的评级或价格目标，因此我们将关注该加密货币的三个月表现。如下图所示，过去 12 周内 BTC 的价格上涨了 54.11%。