DWF 实验室报告称，Memecoins 将在 2024 年主导数字资产类别

500% 的飙升使得该类别的市值从 1 月份的 $20B 增长到年底的超过 $120B。

A deep dive into the DWF Labs report reveals that memecoins attained market dominance over other digital asset classes in 2024. The category experienced a 500% surge, expanding from a market cap of $20 billion in January to over $120 billion by the year-end.

深入研究 DWF Labs 报告显示，memecoin 在 2024 年相对于其他数字资产类别获得了市场主导地位。该类别经历了 500% 的飙升，市值从 1 月份的 200 亿美元扩大到年底的超过 1200 亿美元。

The report highlights the evolution of memecoins, which began as a satirical commentary on crypto assets with Dogecoin and later transformed into a specialized “market vertical” attracting substantial institutional attention and capital flows.

该报告强调了模因币的演变，它最初是对狗狗币加密资产的讽刺评论，后来转变为专门的“垂直市场”，吸引了大量机构关注和资本流动。

Memecoins like Andy Eth and Chill Guy, launched in 2024, reportedly achieved gains of over 47,000%. Early adopters of such projects witnessed significant additions to their portfolios.

据报道，Andy Eth 和 Chill Guy 等 Memecoin 于 2024 年推出，涨幅超过 47,000%。此类项目的早期采用者见证了他们的投资组合的显着增加。

The success of memecoins challenged conventional notions of asset fundamentals and intrinsic value, as noted by DWF Labs. The report suggests that social capital and community consensus in the digital economy can be as powerful as traditional financial metrics.

DWF 实验室指出，模因币的成功挑战了资产基本面和内在价值的传统观念。该报告表明，数字经济中的社会资本和社区共识可以与传统金融指标一样强大。

Pump(.)fun, a platform that enables the rapid creation of tokens, played a crucial role in driving the achievements of the memecoin sector, according to the DWF report. Despite challenging market conditions, Pump(.)fun emerged as one of the top dApps generating revenue in 2024.

根据 DWF 的报告，Pump(.)fun 是一个能够快速创建代币的平台，在推动 memecoin 行业取得成就方面发挥了至关重要的作用。尽管市场条件充满挑战，Pump(.)fun 仍成为 2024 年创收的顶级 dApp 之一。

Within the first few months following the platform’s debut, thousands of meme tokens were generated and launched. However, this influx of tokens sparked a debate over the dilution of capital and attention throughout the year.

在该平台推出后的最初几个月内，生成并推出了数千个模因代币。然而，代币的涌入引发了全年资本和注意力稀释的争论。

The report also highlights the boosting effect of listings on top exchanges like Binance for memecoins. Among memecoins listed on Binance in 2024, over 80% witnessed significant growth, with tokens like MOODENG, WIF, and POPCAT surging by 200%.

该报告还强调了在币安等顶级交易所上市对模因币的促进作用。 2024 年币安上线的 memecoin 中，超过 80% 的币种出现了显着增长，其中 MOODENG、WIF、POPCAT 等币种涨幅高达 200%。

According to the report, memecoins held a strong appeal among young investors, indicating how this particular group perceived community engagement and wealth building. Young investors did not just view memecoins as worthless tokens but rather as representative of a digital culture that served as a symbol of community expression.

根据该报告，模因币在年轻投资者中具有强大的吸引力，这表明了这个特定群体如何看待社区参与和财富建设。年轻投资者不仅将模因币视为毫无价值的代币，而且将其视为数字文化的代表，作为社区表达的象征。

As 2025 begins on a high note, the market anticipates memecoins will replicate last year’s performance. Chainalysis observed a rising interest in memecoins, especially in Africa, where most meme token owners traded them primarily for income rather than portfolio diversification.

随着 2025 年的高调开局，市场预计 memecoin 将复制去年的表现。 Chainaanalysis 观察到人们对 memecoin 的兴趣日益浓厚，尤其是在非洲，那里大多数 meme 代币所有者主要是为了收入而不是投资组合多元化而进行交易。

“Someone is always going to be interested in a token that seems like it could make you the next couple thousand dollars,”

“总会有人对似乎可以为你带来几千美元的代币感兴趣，”

-Moyo Sodipo, co-founder of Nigerian crypto exchange Busha

——Moyo Sodipo，尼日利亚加密货币交易所 Busha 联合创始人

The report noted that memecoins outperformed well-established crypto assets like Bitcoin during market uptrends. However, they also underperformed major crypto assets during market downtrends.

该报告指出，在市场上涨趋势中，模因币的表现优于比特币等成熟的加密资产。然而，在市场下跌趋势期间，它们的表现也逊于主要加密资产。

Memecoins, as stated in the DWF Labs report, represented a new form of socially coordinated value creation. The tokens acted as vehicles for shared cultural experiences, community expression, and digital identity. This transformation gave rise to a new value creation model in digital assets, where social capital and community-driven growth became the core drivers. Creators and markets were now connected through decentralized mechanisms and systems that enabled rapid deployment and community formation.

正如 DWF 实验室报告所述，Memecoin 代表了一种社会协调价值创造的新形式。这些代币充当了共享文化体验、社区表达和数字身份的载体。这一转变催生了数字资产新的价值创造模式，其中社会资本和社区驱动的增长成为核心驱动力。创作者和市场现在通过去中心化机制和系统连接起来，从而实现快速部署和社区形成。

The merging of financial markets and social dynamics in 2024 created unparalleled opportunities for generating value, which was particularly evident in the shift in the memecoin sector. Unique categories within the memecoin ecosystem generated value across different societal themes and trends to produce high returns. It demonstrated how the memecoin subcategories co-existed, indicating the market’s capacity to support multiple parallel utility-enhanced tokens.

2024 年金融市场和社会动态的融合创造了无与伦比的价值创造机会，这在模因币行业的转变中尤为明显。模因币生态系统中的独特类别在不同的社会主题和趋势中产生价值，从而产生高回报。它展示了 memecoin 子类别如何共存，表明市场有能力支持多个并行实用增强型代币。

While established meme tokens like SHIB and DOGE proved the viability of meme-based projects, newer assets like WIF demonstrated the market’s appetite for well-executed memecoin launches.

虽然 SHIB 和 DOGE 等成熟的 meme 代币证明了基于 meme 的项目的可行性，但像 WIF 这样的新资产却证明了市场对执行良好的 memecoin 发行的兴趣。

The most compelling development was the introduction of cross-vertical tokens that combined utility with the viral nature of memes. It was particularly captured in AI-themed memecoins, where the transformative potential of AI was met by the cultural resonance of memes. According to the DWF report, this created a more sophisticated value proposition that appealed to institutional and retail participants.

最引人注目的发展是跨垂直代币的引入，它将实用性与模因的病毒性相结合。它尤其体现在以人工智能为主题的模因币中，其中人工智能的变革潜力通过模因的文​​化共鸣得到满足。根据 DWF 报告，这创造了一个更复杂的价值主张，吸引了机构和零售参与者。