ket揭晓答案输出：标题：今年Memecoin从疯狂投机转向逐步进入主流文化和共识效应，引发财富大转移

Memecoin 是 2024 年不可避免的主题，狗狗币和柴犬等经典 Meme 币在 2024 年平均涨幅超过 5 倍

the market reveals everything.output: This round of Memecoin super cycle began in January 2024, and as of December 23, the total market cap of Memecoin has reached $230 billion, showing a continuous growth trend. According to Dune data, nearly 5 million Memecoins have been deployed on PUMP.FUN since its launch, with daily active users reaching up to 300,000 and daily new addresses reaching 170,000. According to DefiLlama data, PUMP.FUN's protocol revenue in the past 30 days has reached as high as $94 million, with cumulative protocol revenue nearing $300 million.

市场揭晓产出：本轮Memecoin超级周期始于2024年1月，截至12月23日，Memecoin总市值已达2300亿美元，呈现持续增长趋势。根据 Dune 数据，自上线以来，PUMP.FUN 已部署近 500 万枚 Memecoin，日活跃用户达 30 万，日新增地址达 17 万。据 DefiLlama 数据显示，PUMP.FUN 近 30 天的协议收入高达 9400 万美元，累计协议收入接近 3 亿美元。

This round of Memecoin super cycle is inseparable from the continuous improvement of infrastructure, whether it be the innovation of B-end underlying issuance methods or the optimization of C-end user experiences, both of which have provided conditions for the rapid influx of funds and the expansion of users in Memecoin.

本轮Memecoin超级周期离不开基础设施的不断完善，无论是B端底层发行方式的创新，还是C端用户体验的优化，都为资金的快速涌入和发展提供了条件。 Memecoin 用户的扩展。

Traditional Memecoin issuance methods are similar to ordinary tokens, but as Memecoin is part of the attention economy, market hotspots change rapidly. Currently, the asset issuance cycle is long and complex; user preferences and speculation rhythms on major public chains vary. These factors make it difficult for market attention and liquidity to concentrate, making it challenging to rapidly push up asset prices in the short term.

传统的 Memecoin 发行方式与普通代币类似，但由于 Memecoin 属于注意力经济的一部分，市场热点瞬息万变。目前资产发行周期长、复杂；各大公链的用户偏好和炒作节奏各不相同。这些因素导致市场注意力和流动性难以集中，短期内难以快速推高资产价格。

This year, the money-sending craze initiated by BOME and SLERF has somewhat changed the issuance method through its presale model, attracting market attention. However, frequent rug pulls in the money-sending schemes have not effectively resolved the aforementioned issues. The emergence of PUMP.FUN has effectively addressed this situation, shortening the Memecoin issuance cycle, facilitating continuous capital flow, and gradually concentrating users, laying the foundation for the start of the Memecoin super cycle.

今年，BOME和SLERF掀起的发币热潮，通过预售模式改变了发行方式，引起了市场关注。然而，频繁的汇款活动并没有有效解决上述问题。 PUMP.FUN的出现有效解决了这一情况，缩短了Memecoin发行周期，促进资金持续流动，用户逐渐集中，为Memecoin超级周期的启动奠定了基础。

PUMP.FUN was created by founder Alon in January 2024, but initially had few followers, gradually entering the public eye in April. It has since issued nearly 5 million Memecoins, accounting for nearly 70% of Solana's daily token issuance, becoming the highest-earning protocol on Solana. As the engine of the Memecoin super cycle, the optimization of asset issuance methods is its core advantage. It allows users to create tokens without any technical knowledge (after the August update, there is no longer a $2 creation fee), and the fair in-platform fundraising + reasonable price curve (Bonding Curve) successfully reduces the cost of asset issuance and increases the speed of asset issuance, effectively addressing the current market's rapid conversion of Memecoin hotspots and the difficulty of concentrating speculative funds.

PUMP.FUN由创始人Alon于2024年1月创建，但最初粉丝很少，4月份逐渐进入公众视野。此后已发行近 500 万枚 Memecoin，占 Solana 每日代币发行量的近 70%，成为 Solana 上收入最高的协议。作为Memecoin超级周期的引擎，资产发行方式的优化是其核心优势。它允许用户无需任何技术知识即可创建代币（8月更新后，不再收取2美元的创建费用），公平的平台内筹款+合理的价格曲线（Bonding Curve）成功降低了资产发行成本并增加了资产发行成本。资产发行速度，有效解决当前市场Memecoin热点快速转换和投机资金集中的难题。

Moreover, the success of PUMP.FUN lies not only in its innovative mechanism. Its user positioning and product design are also quite excellent. From the user side, it addresses the real problem faced by most people in the Web3 market: "Users want a simpler, faster, and lower-cost way to obtain higher multiples of returns." From the product side, it is one of the few projects with a complete business loop, with clear and traceable profit sources. (Before launching on Raydium, the platform's trading fee was 1%, and the "listing fee" during the packaging process on Raydium was 6 SOL.)

而且，PUMP.FUN的成功不仅仅在于其创新的机制。其用户定位和产品设计也相当出色。从用户端来说，它解决了Web3市场中大多数人面临的真正问题：“用户想要以更简单、更快、更低成本的方式获得更高倍数的回报”。从产品端来说，是为数不多的具有完整业务循环的项目之一，利润来源清晰可追溯。 （在Raydium上线之前，平台交易费为1%，在Raydium上打包过程中的“上币费”为6 SOL。）

Currently, according to Dune data, as of December 23, PUMP.FUN has deployed nearly 5 million Memecoins since its launch, with daily active users reaching up to 300,000 and daily new addresses reaching 170,000. According to DefiLlama data, PUMP.FUN's protocol revenue in the past 30 days has reached as high as $94 million, with cumulative protocol revenue nearing $300 million.

目前，根据Dune数据，截至12月23日，PUMP.FUN自上线以来已部署近500万个Memecoin，日活跃用户达30万，日新增地址达17万。据 DefiLlama 数据显示，PUMP.FUN 近 30 天的协议收入高达 9400 万美元，累计协议收入接近 3 亿美元。

PUMP.FUN Clones Emerge, Continuous Micro-Innovations

PUMP.FUN克隆出现，持续微创新

PUMP.FUN has initiated this round of Memecoin super cycle, and the subsequent continuous emergence of clones has made the super cycle even more prosperous.

PUMP.FUN发起了本轮Memecoin超级周期，而后续克隆的不断出现，让超级周期更加繁荣。

The influx of capital and market attention has led various public chains to launch PUMP.FUN clones, making Memecoin Launchpad a standard fifth item for public chains.

资本的涌入和市场关注使得各个公链纷纷推出 PUMP.FUN 克隆，使 Memecoin Launchpad 成为公链标准的第五项。

Major public chain ecosystems are beginning to support Memecoin at various levels. On BSC, platforms like Four.meme and Flap attract market attention by continuously launching activities and collaborations; on the Base chain, platforms like Ape.Store, Rug.fun, and Trugly.meme attract user participation through various gameplay; on BTC Layer 2, many clones have also emerged, such as LnPUMP.FUN, SatsPUMP.FUN, and CPUMP.FUN. The Sun.pump on the Tron chain has even driven the "renewed prosperity" of the entire Tron chain by "its own strength." In a short time, hot money surged into the Tron chain, causing its on-chain Gas to soar, and the long-dormant TRX price reached

各大公链生态系统都开始在各个层面支持Memecoin。 BSC上，Four.meme、Flap等平台通过不断开展活动和合作吸引市场关注； Base链上，Ape.Store、Rug.fun、Trugly.meme等平台通过丰富的玩法吸引用户参与；在BTC Layer 2上，也出现了许多克隆，例如LnPUMP.FUN、SatsPUMP.FUN和CPUMP.FUN。波场链上的Sun.pump甚至以“一己之力”带动了整个波场链的“重新繁荣”。短时间内，热钱涌入Tron链，导致其链上Gas飙升，休眠已久的TRX价格达到