Memecoin 狂热推动加密市场繁荣，Solana 超越竞争对手

在当前加密货币市场的激增中，Solana 已成为 memecoin 热潮中的领跑者，超越了以太坊、Avalanche 和 BNB Chain 等竞争对手。 Solana 区块链上大量 memecoin 的涌入推动了前所未有的交易量和市值。这种 memecoin 热潮与 2017 年以太坊上的 ICO 泡沫有着惊人的相似之处，引发了人们对这些资产投机性质的担忧。尽管退伍军人警告不要投资模因币，因为它们缺乏实用性和高波动性，但支持者认为，它们正在吸引新用户进入加密货币领域，并展示了无需许可市场的力量。

Solana Overtakes Rivals in Crypto Market Surge Driven by Memecoin Frenzy

在 Memecoin 狂热推动下，Solana 在加密货币市场激增中超越竞争对手

The Solana blockchain has emerged as a formidable force in the cryptocurrency realm, eclipsing competitors such as Ethereum, Avalanche, and BNB Chain in terms of community activity, innovation, and adoption. This surge in popularity can be attributed to the recent proliferation of memecoins, which have taken crypto markets by storm.

Solana 区块链已成为加密货币领域的一股强大力量，在社区活动、创新和采用方面超越了以太坊、Avalanche 和 BNB Chain 等竞争对手。这种受欢迎程度的激增可以归因于最近模因币的激增，它席卷了加密市场。

Memecoin Mania Grips Solana

Memecoin 狂热席卷 Solana

In the past month alone, the Solana blockchain has witnessed the launch of numerous memecoins, garnering billions of dollars in trading volume. Several new memecoins have made headlines, soaring to unprecedented highs in a matter of days. However, others have gained notoriety for rug pulls and even racist content.

仅在过去一个月，Solana 区块链就见证了众多 memecoin 的推出，交易量达到数十亿美元。几种新的模因币成为头条新闻，在几天之内飙升至前所未有的高点。然而，其他人则因拉扯甚至种族主义内容而臭名昭著。

Memecoins are digital currencies inspired by online memes and lack inherent utility beyond serving as pop culture references. They are typically supported by robust online communities.

模因币是受在线模因启发的数字货币，除了作为流行文化参考之外，缺乏内在的实用性。他们通常得到强大的在线社区的支持。

While memecoins are not a novel concept, they have witnessed an unparalleled surge in popularity during the current crypto market cycle, which began on Solana and has since spread to other blockchains, including Coinbase's Base, Binance's BNB Smart Chain, and others.

虽然 memecoin 并不是一个新概念，但在当前的加密市场周期中，它们的受欢迎程度空前高涨，这种市场周期始于 Solana，后来扩展到其他区块链，包括 Coinbase 的 Base、Binance 的 BNB 智能链等。

Unprecedented Rise and Concerns

前所未有的崛起和担忧

During the previous bull cycle, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) gained mainstream attention as their prices skyrocketed. However, their gains pale in comparison to the current memecoin frenzy, which has produced tokens that have amassed millions in trading volume and billions in market capitalization within hours of their launch.

在上一个牛市周期中，狗狗币（DOGE）和柴犬（SHIB）等模因币随着价格飙升而获得了主流关注。然而，与当前的模因币热潮相比，它们的涨幅显得黯然失色，模因币在推出后数小时内就积累了数百万交易量和数十亿美元的市值。

According to a report by CoinGecko, memecoins emerged as the most profitable crypto sector in Q1 2024, recording average returns of 1,312.6% across leading tokens by market cap. Notable gainers included BRETT (7,727.6% surge), Dogwifhat (WIF) (2,721.2% rise), and Book of Meme (BOME), which briefly spiked over 40,000% shortly after launch.

根据 CoinGecko 的一份报告，memecoin 成为 2024 年第一季度最赚钱的加密货币领域，按市值计算，领先代币的平均回报率为 1,312.6%。值得注意的涨幅包括 BRETT（上涨 7,727.6%）、Dogwifhat（WIF）（上涨 2,721.2%）和 Book of Meme（BOME），它们在推出后不久就短暂飙升超过 40,000%。

BOME, launched in March 2024, has since garnered a market cap of over $4 million. Within days of launch, it attained a market cap of $1.45 billion and gained support from major exchanges, including Binance, Bybit, and KuCoin.

BOME 于 2024 年 3 月推出，目前市值已超过 400 万美元。上线几天内，其市值就达到了 14.5 亿美元，并获得了币安、Bybit 和 KuCoin 等主要交易所的支持。

Dogwifhat, launched in November 2023, emerged as one of the top 50 cryptocurrencies by market cap in Q1 2024, reaching nearly $50 billion.

Dogwifhat 于 2023 年 11 月推出，在 2024 年第一季度成为市值排名前 50 的加密货币之一，市值达到近 500 亿美元。

Distorted Crypto Image

扭曲的加密图像

While the Solana memecoin frenzy has created crypto millionaires, countless others have lost fortunes chasing the next memecoin that could bring immense riches. Moreover, many new memecoin projects turn out to be rug pulls, where developers abandon the project and abscond with investor funds.

尽管 Solana memecoin 狂热创造了加密货币百万富翁，但无数其他人在追逐下一个可能带来巨大财富的 memecoin 时失去了财富。此外，许多新的模因币项目最终都以失败告终，开发商放弃了该项目并携投资者资金潜逃。

Numerous crypto veterans have cautioned against investing in memecoins due to their lack of utility and the casino-like atmosphere that permeates their markets.

许多加密货币资深人士警告不要投资模因币，因为它们缺乏实用性，而且市场中弥漫着赌场般的氛围。

A spokesperson from the research team at crypto exchange Bitrue told Cointelegraph that the market frenzy can "distort the image of cryptocurrencies, potentially undermining their credibility and the wider adoption of blockchain technology."

加密货币交易所 Bitrue 研究团队的一位发言人告诉 Cointelegraph，市场狂热可能“扭曲加密货币的形象，可能会损害其可信度和区块链技术的更广泛采用。”

"While the influx of new participants and trading volume may initially appear positive, the speculative nature of memecoins raises concerns about the maturity and integrity of the crypto market," they added.

他们补充说：“虽然新参与者的涌入和交易量最初可能看起来是积极的，但模因币的投机性质引起了人们对加密市场成熟度和完整性的担忧。”

Positive Perspectives

积极的观点

Proponents argue that the memecoin frenzy has attracted a substantial number of newcomers to the crypto space and has generated significant profits for investors. However, they emphasize the importance of recognizing the risks associated with speculative assets like memecoins, which lack intrinsic value and are highly volatile.

支持者认为，模因币的狂热吸引了大量加密货币领域的新人，并为投资者带来了可观的利润。然而，他们强调认识到与模因币等投机资产相关的风险的重要性，这些资产缺乏内在价值且波动性很大。

Ryan Lee, the chief research analyst at Bitget, believes that the recent surge in the prices of Ether (ETH) and SOL (SOL), the native tokens of Ethereum and Solana, respectively, where many memecoins are being launched, has contributed to the upward momentum in the memecoin sector.

Bitget 首席研究分析师 Ryan Lee 认为，最近以太坊 (ETH) 和 SOL (SOL) 的价格飙升，分别是以太坊和 Solana 的原生代币，许多 memecoin 都在这两个平台上推出。 memecoin 领域的上升势头。

"One key factor contributing to the surge in these memecoins is their deployment on the ETH and Solana chains, typically priced in ETH and SOL on decentralized exchange platforms. The upward trend in ETH and SOL prices, therefore, drives the price appreciation of memecoins," Lee explained to Cointelegraph.

“导致这些 memecoin 激增的一个关键因素是它们在 ETH 和 Solana 链上的部署，通常在去中心化交易平台上以 ETH 和 SOL 定价。因此，ETH 和 SOL 价格的上涨趋势推动了 memecoin 的价格升值， “李向 Cointelegraph 解释道。

ICO-Like Frenzy

类似 ICO 的狂热

The Solana memecoin frenzy resembles other crypto market success stories, where the blockchain was flooded with dog- and cat-themed memecoins that attracted millions in investment volume. These were followed by memecoins focused on political figures like Donald Trump and Joe Biden.

Solana memecoin 的狂热类似于其他加密货币市场的成功故事，其中区块链充斥着以狗和猫为主题的 memecoin，吸引了数百万美元的投资额。接下来是针对唐纳德·特朗普和乔·拜登等政治人物的模因币。

Meanwhile, numerous developers and users are raising funds to launch new memecoins through social media platforms. While mainstream crypto companies struggle to secure funding from venture capitalists, projects on Solana have raised hundreds of millions of dollars within hours in pre-seed funding. However, not all pre-seed projects have been launched, and many have turned out to be scams.

与此同时，众多开发商和用户正在筹集资金，通过社交媒体平台推出新的模因币。尽管主流加密货币公司难以从风险投资家那里获得资金，但 Solana 上的项目已在数小时内筹集了数亿美元的种子前资金。然而，并非所有预种子项目都已启动，许多项目都被证明是骗局。

Observers have drawn comparisons between the current memecoin investment frenzy, characterized by a surge in new tokens with real-world use cases, to the 2017 initial coin offering (ICO) bubble on the Ethereum network.

观察家将当前 memecoin 投资热潮与 2017 年以太坊网络上的首次代币发行 (ICO) 泡沫进行了比较，其特点是具有现实世界用例的新代币激增。

During the ICO rush, projects raised billions of dollars, often issuing tokens with little to no utility. However, even then, there was at least an attempt to present a genuine product or service.

在 ICO 热潮期间，项目筹集了数十亿美元，通常发行几乎没有效用的代币。然而，即便如此，至少还是有人尝试展示真正的产品或服务。

Surge in Network Activity

网络活动激增

During the 2017 ICO boom, the Ethereum network's capacity was severely tested as daily transactions increased 24-fold within a year.

2017 年 ICO 热潮期间，以太坊网络的容量受到严峻考验，每日交易量在一年内增长了 24 倍。

Similarly, Solana has experienced a 2.5x increase in daily active addresses, from approximately 600,000 on January 1, 2024, to over 1.5 million by April 2024.

同样，Solana 的每日活跃地址增加了 2.5 倍，从 2024 年 1 月 1 日的约 60 万增加到 2024 年 4 月的超过 150 万。

Unpalatable Side of Memecoins

Memecoin 令人不快的一面

While dog- and cat-themed memecoins dominated the Solana blockchain during the height of the memecoin frenzy, a torrent of tokens with racist and homophobic epithets also emerged.

虽然在模因币热潮最盛时期，以狗和猫为主题的模因币在 Solana 区块链上占据主导地位，但也出现了大量带有种族主义和恐同绰号的代币。

Some of these tokens managed to accumulate market capitalizations of billions of dollars.

其中一些代币的市值已达到数十亿美元。

The proliferation of such tokens prompted calls from within the crypto community for intervention from Solana developers.

此类代币的激增促使加密社区内部呼吁 Solana 开发人员进行干预。

At the Buidl Asia 2024 conference, Austin Federa of the Solana Foundation argued that wallet developers should have the prerogative to implement blocklists. He added that almost every wallet in every ecosystem filters out "spam NFTs" and "spam tokens." He emphasized that "users always have the ability to turn something off if they want to, […] but the core network needs to remain permissionless."

在 Buidl Asia 2024 会议上，Solana 基金会的 Austin Federa 认为钱包开发者应该拥有实施黑名单的特权。他补充说，几乎每个生态系统中的每个钱包都会过滤掉“垃圾 NFT”和“垃圾代币”。他强调，“如果用户愿意，他们总是可以关闭某些功能，[……]但核心网络需要保持未经许可的状态。”

Freedom of Market Forces

市场力量的自由

On the other hand, Martin Lee, a senior data journalist at Nansen, told Cointelegraph that memecoin trends are a manifestation of the crypto market's "most open and free exchange sector in the world. The ability to create a token and have traders willing to actively trade these tokens is all enabled by the incentives of crypto. They are not inherently good or bad."

另一方面，Nansen 的高级数据记者 Martin Lee 向 Cointelegraph 表示，memecoin 趋势体现了加密货币市场“世界上最开放、最自由的交易部门。能够创建代币并让交易者愿意积极参与”这些代币的交易都是通过加密货币的激励来实现的。它们本质上没有好坏之分。”

Divisive Impact

分裂影响

The memecoin frenzy has divided the crypto community. While many crypto veterans who have witnessed these meme cycles believe it reflects poorly on crypto as most memecoins offer no utility and are essentially gambling, proponents contend that memecoins introduce new participants to the crypto ecosystem and showcase the merits of a free market where anyone can create a token and trade it.

模因币的狂热已经分裂了加密货币社区。虽然许多见证了这些 meme 周期的加密货币资深人士认为，这对加密货币的影响很差，因为大多数 memecoin 没有任何效用，本质上是赌博，但支持者认为 memecoin 为加密生态系统引入了新的参与者，并展示了自由市场的优点，任何人都可以在其中创建代币并进行交易。