零售超级周期。加密货币的下一步是什么？

特朗普已经控制了加密货币市场。他拥有排名第 12 位的代币，价值 150 亿美元。他吸引了所有加密货币用户的注意。他主导了市场上的所有代币，不到一天的时间，他的净资产就翻了一番。他完全控制了市场，直到……他的妻子推出了 MELANIA 币，而他对自己的代币发起了“吸血鬼攻击”，导致 TRUMP 币下跌了 50% 以上。

Original Title: "The Retail Supercycle. What's next for crypto?"

原标题：“零售超级周期。加密货币的下一步是什么？”

Author: Deebs DeFi, Crypto KOL

作者：Deebs DeFi、加密货币 KOL

Trump has taken over the crypto market. He possesses the 12th largest token valued at $15 billion. He has the attention of all crypto users. Every token in the market is following him, and in less than a day, his net worth has doubled. He has complete control over the market until… his wife launches the MELANIA coin, and he performs a "vampire attack" on his own token, causing TRUMP coin to drop over 50%.

特朗普已经接管了加密货币市场。他拥有排名第 12 位的代币，价值 150 亿美元。他引起了所有加密货币用户的注意。市场上的每一个代币都在追随他，不到一天的时间，他的身价就翻了一番。他完全控制了市场，直到……他的妻子推出了 MELANIA 币，而他对自己的代币进行了“吸血鬼攻击”，导致 TRUMP 币下跌了 50% 以上。

This is not to say that TRUMP coin is a scam. However, most would agree that the launch of the MELANIA coin was a huge mistake. But this mistake does not signify the end of cryptocurrency.

这并不是说特朗普币是一个骗局。然而，大多数人都认为 MELANIA 币的推出是一个巨大的错误。但这个错误并不意味着加密货币的终结。

In fact, it marks a new beginning, the start of a crazy cycle. Celebrity memes have become the norm, and there is no "crime" in crypto. Here are four key predictions for this cycle and the tokens/ecosystems that will have the most significant impact:

事实上，它标志着一个新的开始，一个疯狂循环的开始。名人模因已成为常态，加密货币中不存在“犯罪”。以下是此周期的四个关键预测以及将产生最重大影响的代币/生态系统：

The market gets smarter, Trump memes cool down

市场变得更聪明，特朗普表情包降温

It's unclear whether the Trump family will stop issuing memes or if all family members will issue them, but one thing is clear: the returns on each new token will diminish.

目前尚不清楚特朗普家族是否会停止发行模因，或者所有家庭成员是否都会发行模因，但有一件事是明确的：每个新代币的回报都会减少。

The launch of the MELANIA coin was a big mistake; TRUMP coin was destined to reach much higher levels, potentially even DOGE-like valuations. However, Trump's inner circle revealed their hand too early.

MELANIA 币的推出是一个很大的错误；特朗普币注定会达到更高的水平，甚至可能达到类似狗狗币的估值。然而，特朗普的核心圈子太早暴露了自己的立场。

As more TRUMP memes are released and perform poorly, traders are expected to pivot to broader markets and seek out more growth opportunities.

随着更多特朗普表情包的发布和表现不佳，预计交易者将转向更广阔的市场并寻找更多增长机会。

Meanwhile, celebrities will be watching this goldmine closely…

与此同时，名人将密切关注这座金矿……

Celebrity Memes & Rugs

名人模因和地毯

Celebrities will launch their own memecoins. This is to be expected and has been anticipated by the market.

名人将推出自己的模因币。这是可以预料的，也是市场所预期的。

But what the market did not predict is the impact of celebrity memecoins on the market.

但市场没有预料到的是名人模因币对市场的影响。

Despite the Hawk Tuah (HAWK token crash) and Floyd Mayweather (who promoted scam projects like Mayweverse) PTSD that the public has experienced, here is some key data from the past two days:

尽管公众经历过 Hawk Tuah（HAWK 代币崩溃）和 Floyd Mayweather（推广 Mayweverse 等诈骗项目）的 PTSD，但以下是过去两天的一些关键数据：

Why is this data so important?

为什么这些数据如此重要？

115,000 users is a lot.

115,000 个用户已经很多了。

This is a new user demographic, according to Google search data.

根据谷歌搜索数据，这是一个新的用户群体。

Other celebrities could have a similar impact.

其他名人也可能产生类似的影响。

There are many other celebrities with huge followings who could bring hundreds of thousands of users to blockchain, just like Trump, such as Elon Musk, Mr. Beast, Taylor Swift, Justin Bieber, CR7, Messi, Jeff Bezos.

还有许多其他拥有大量追随者的名人可以像特朗普一样为区块链带来数十万用户，例如埃隆·马斯克、野兽先生、泰勒·斯威夫特、贾斯汀·比伯、CR7、梅西、杰夫·贝佐斯。

Imagine if Taylor Swift launches a TSWIFT coin and brings 100,000 to 200,000 new users to blockchain. That's like adding an entire new chain to crypto, creating a new user planet in the solar system.

想象一下，如果 Taylor Swift 推出 TSWIFT 代币，并为区块链带来 100,000 到 200,000 个新用户。这就像在加密中添加一个全新的链，在太阳系中创建一个新的用户星球。

While this is all an optimistic perspective, historically, celebrity memes often end in rug pulls. But in a bull market, people forget fast.

虽然这都是一个乐观的观点，但从历史上看，名人模因往往以地毯拉扯而告终。但在牛市中，人们很快就会忘记。

The Hawk Tuah rug incident will not stop gamblers and her fans from buying her future memes. Even if 9 out of 10 celebrity memes are rug pulls, the one that isn't will still bring much-needed users and liquidity to the crypto space.

Hawk Tuah 地毯事件不会阻止赌徒和她的粉丝购买她未来的表情包。即使十分之九的名人模因都是废话，但并非如此的模因仍将为加密货币领域带来急需的用户和流动性。

AI Tokens: The Return of the King

AI代币：王者归来

After the cooling of Trump memes, traders will be looking for better opportunities. One of the best opportunities is AI. When thinking of AI, think APE:

特朗普表情包冷却后，交易员将寻找更好的机会。最好的机会之一是人工智能。当想到 AI 时，请想到 APE：

When considering the impact of AI on cryptocurrency, the rotation from Trump traders to DeFi profits is evident. Some of my favorite AI projects include VIRTUAL, AIXBT, AVA, FARTCOIN, and HAT.

当考虑人工智能对加密货币的影响时，从特朗普交易员到 DeFi 利润的轮换是显而易见的。我最喜欢的一些人工智能项目包括 VIRTUAL、AIXBT、AVA、FARTCOIN 和 HAT。

Also, keep an eye on MCAP projects with standout niche use cases (not just another trading bot or launchpad):

另外，请关注具有突出利基用例的 MCAP 项目（不仅仅是另一个交易机器人或启动板）：

SOL: The Undefeated Champion

SOL：不败冠军

If all goes well, TRUMP coin proves that Solana is the best chain for launching tokens, with no better alternative.

如果一切顺利，特朗普币证明 Solana 是发行代币的最佳链，没有更好的选择。

Reaching a market cap of $15 billion in a day is something no other domain can achieve.

一天之内达到 150 亿美元的市值是其他领域无法实现的。

Over the past two days, Solana has set new all-time highs on almost every metric (related reading: Crazy Weekend: 10 Charts Analyzing Solana's Moment in the Crypto Market):

在过去的两天里，Solana 几乎在所有指标上都创下了历史新高（相关阅读：疯狂周末：10 张图表分析 Solana 在加密货币市场的时刻）：

Solana is the "mainstream" chain, and it seems unlikely to change in the short term.

Solana 是“主流”链，短期内似乎不太可能改变。