Meme 币超级周期：身份是新的实用工具

从小众网络笑话到成熟的投机交易工具，模因已经走过了漫长的道路。现在，有了 Goatseus Maximus (GOAT)，我们甚至拥有了第一位人工智能代理百万富翁。

The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.

本文所表达的观点和意见仅属于作者本人，并不代表crypto.news社论的观点和意见。

Memes have come a long way, from niche internet jokes to full-blown speculative trading instruments. Now, with Goatseus Maximus (GOAT), we even have the first AI agent millionaire.

从小众网络笑话到成熟的投机交易工具，模因已经走过了漫长的道路。现在，有了 Goatseus Maximus (GOAT)，我们甚至拥有了第一位人工智能代理百万富翁。

While I had initially written off meme coins as gambling chips at the crypto casino, it takes foresight to see what they truly signify. Murad Mahmudov’s presentation at TOKEN2049 in Singapore opened my eyes.

虽然我最初将模因币视为加密货币赌场的赌博筹码，但需要有远见才能了解它们的真正含义。 Murad Mahmudov 在新加坡 TOKEN2049 上的演讲让我大开眼界。

From Dogecoin (DOGE) or Shiba Inu (SHIB) to Bonk (BONK) or Pepe (PEPE), crypto memes are rallying points in today’s hyper-digital world. They provide folks with a shared language and identity—the assurance of belonging—where legacy institutions and market structures are failing them.

从狗狗币（DOGE）或柴犬（SHIB）到邦克（BONK）或佩佩（PEPE），加密迷因是当今超数字世界的聚集点。它们为人们提供了共同的语言和身份——归属感的保证——而传统的机构和市场结构却让他们无法做到这一点。

Murad says we’re in a ‘meme coin supercycle,’ and tribal loyalty and community sentiments drive markets more than utility. I think he’s totally on point—the signs are everywhere, in the trenches and also outside.

穆拉德说，我们正处于“迷因币超级周期”，部落忠诚度和社区情绪对市场的推动力大于效用。我认为他完全说对了——无论是在战壕里还是在外面，这些标志无处不在。

As an OG, I’ve had to question whether or not traditional business advice is mostly useless in web3. The ‘token is the product’ here. So innovators and devs might be wise to focus on building based tribes and tight-knit communities, not just some abstract underlying utility.

作为一名 OG，我不得不质疑传统的业务建议在 web3 中是否几乎毫无用处。这里的“代币就是产品”。因此，创新者和开发人员可能明智地专注于构建基础部落和紧密结合的社区，而不仅仅是一些抽象的底层实用程序。

Neither more infra nor more apps

既没有更多的基础设施，也没有更多的应用程序

Starting with Bitcoin (BTC) and Ethereum (ETH), a culture of anarchy together with cutting-edge tech defined crypto’s value proposition. It came with the promise of a decentralized and trustless world built around individual autonomy. But more than fifteen years later, crypto-tech hasn’t quite fulfilled its promises … yet.

从比特币（BTC）和以太坊（ETH）开始，无政府主义文化与尖端技术一起定义了加密货币的价值主张。它带来了围绕个人自治建立的去中心化和去信任的世界的承诺。但十五年多过去了，加密技术还没有完全兑现其承诺。

While more infra and more apps might increase the coolness of blockchain and crypto, what it truly needs—especially for mass adoption—is more emotional touchpoints and narratives around which people can huddle.

虽然更多的基础设施和更多的应用程序可能会增加区块链和加密货币的酷感，但它真正需要的——尤其是大规模采用——是人们可以聚集在一起的更多情感接触点和叙述。

The next billion users don’t care about the tech or which big-shot VC is investing in the next shiny object. They care about having fun with a community of like-minded people. The ‘public good’ or social impact projects created downstream from here—are the cherry on top.

下一个十亿用户并不关心技术或哪个大牌风投正在投资下一个闪亮的物体。他们关心与志同道合的人一起享受乐趣。从这里下游创建的“公共利益”或社会影响项目是最重要的。

Take DOGE, the OG crypto meme coin, for example. It was born with satirical intent and no groundbreaking tech or VC funding to back it up. I was in the room at the Ethereum Foundation in Zug when DOGE was launched. It was an intentional joke; tech bros said, “Let’s not take ourselves too seriously.” Yet it now has over 6.9 million holders, and the community is using its money to fund water wells in Kenya. That’s what you call bottom-up utility creation.

以 OG 加密模因币 DOGE 为例。它的诞生带有讽刺的意图，并且没有突破性的技术或风险投资来支持它。 DOGE 推出时，我正在楚格以太坊基金会的房间里。这是一个故意的玩笑；科技兄弟说：“我们不要太认真了。”然而，它现在拥有超过 690 万持有人，社区正在利用其资金资助肯尼亚的水井。这就是所谓的自下而上的实用程序创建。

Rather than deep-pocket investors dumping ‘use-cases’ and overvalued coins on retail, meme coins foster genuinely decentralized community formation. That’s the core strength and beauty of meme coins.

资金雄厚的投资者并没有将“用例”和估值过高的代币抛售给零售业，而是促进了真正去中心化的社区形成。这就是模因币的核心力量和美丽。

Speculation aside, they incentivize geographically, culturally, and ideologically discreet people to form groups around a shared idea—mostly a fun, humorous one. And because there’s typically no ulterior, long-term end in sight, memecoin communities come together for the community’s sake.

抛开猜测不谈，它们激励在地理、文化和意识形态上谨慎的人们围绕一个共同的想法组成团体——主要是一个有趣、幽默的想法。而且由于通常看不到隐秘的、长期的结局，模因币社区为了社区而聚集在一起。

Vibing in a disconnected world

在一个断开的世界中振动

Tribalism isn’t new in crypto. Bitcoin maximalism or Ethereum loyalty, for example, is nothing short of quasi-religious sentiments. The Genesis Block is a holy symbol enshrined in mathematics, game theory, and mythology.

部落主义在加密货币领域并不新鲜。例如，比特币极端主义或以太坊忠诚度无异于准宗教情绪。创世块是数学、博弈论和神话中的神圣符号。

This begs the question—why are meme coins booming now? The short and lazy answer would be that crypto works in cycles, and now is the time for meme coins. All of them will go to zero once the hype passes. But no.

这就引出了一个问题——为什么模因币现在蓬勃发展？简短而懒惰的答案是加密货币是循环运行的，现在是模因币的时代。一旦炒作过去，所有这些都将归零。但没有。

The world is becoming increasingly distraught, and younger generations are having a hard time making sense of it. There’s an utter lack of meaning—and disillusionment—as established institutions either crumble or betray their dark, anti-individual underbelly.

世界变得越来越令人不安，年轻一代很难理解这一点。当既定机构要么崩溃，要么暴露其黑暗的、反个人的弱点时，完全缺乏意义和幻灭。

Memes are the antidote to such banality, not just in crypto but everywhere. Even the US presidential elections were largely being fought on memetic identities like ‘Kamala is Brat’ or ‘Bro Vote’ more than hardcore policy, performance, or ideology.

模因是这种平庸现象的解药，不仅在加密货币领域，而且在任何地方都是如此。就连美国总统选举也主要是围绕“卡马拉是小子”或“兄弟投票”等模因身份进行的，而不是核心政策、表现或意识形态。

Earlier Brexit saw sharp divisions into ‘Leave’ and ‘Remain’ camps, with tribal language like “Remoaner” and “Brextremist” characterizing polarized conversations across the board. Although a negative manifestation, this shows how integral tribalism is to modern times and culture.

英国脱欧早期，“脱欧”和“留欧”阵营出现了尖锐的分歧，“抱怨者”和“脱欧极端主义者”等部落语言描绘了全面两极分化的对话。虽然这是一种消极的表现，但这表明部落主义对于现代和文化来说是多么不可或缺。

Meme coins are great because they channel this rising demand for belongingness and connection into something positive and monetizable. Thousands vibed with the ‘Goatse Gospel,’ and many more will do so without caring if LLMs can make typos or not.

模因币很棒，因为它们将对归属感和联系不断增长的需求转化为积极且可货币化的东西。成千上万的人都被“山羊福音”所震撼，还有更多的人会这样做，而不关心法学硕士是否会犯错。

Popcat (POPCAT), the Solana-based meme coin, is another example of fun vibes and community traction erasing the need for technical promises. Bonk thrived on similar lines to become the ‘social layer’ of Solana.

Popcat (POPCAT) 是基于 Solana 的模因币，它是有趣的氛围和社区吸引力消除技术承诺需求的另一个例子。 Bonk 以类似的方式蓬勃发展，成为 Solana 的“社交层”。

Overall,

全面的，