• The Avalanche Foundation’s decision to invest in meme coins has been met with criticism.

雪崩基金會投資迷因幣的決定遭到了批評。

• The price of AVAX fell significantly as short positions taken grew.

隨著空頭部位的增加，AVAX 的價格大幅下跌。

Avalanche [AVAX] has witnessed a surge in interest over the last few weeks. To capitalize on this surge in interest, Avalanche adopted an unconventional strategy.

過去幾週，Avalanche [AVAX] 的興趣激增。為了利用這種興趣激增的機會，Avalanche 採用了非常規策略。

Meme-ing around

模因周圍

The Avalanche Foundation, known for backing the development of the Avalanche blockchain ecosystem through grants and investments, intends to acquire meme coins.

Avalanche 基金會以透過贈款和投資支持 Avalanche 區塊鏈生態系統的發展而聞名，該基金會打算收購 meme 幣。

This initiative acknowledges the diverse niches within the cryptocurrency market, spurred by the recent surge in tokens like Bonk [BONK], which significantly boosted activity on the Solana [SOL] network earlier this month.

這項舉措承認了加密貨幣市場中的多元化利基市場，受到近期 Bonk [BONK] 等代幣激增的推動，本月早些時候，這極大地促進了 Solana [SOL] 網路上的活動。

The decision faced a significant backlash within the cryptocurrency community. Responding to concerns, Avalanche founder Emin Gün Sirer addressed the criticism in a tweet.

該決定在加密貨幣社區內遭到了強烈反對。為了回應擔憂，Avalanche 創辦人 Emin Gün Sirer 在一條推文中回應了這些批評。

The people trying to fade memecoins are the same kind of people who were fading pop music in the 60s, calling Banksy a vandal in the 80s, and shittalking rap in the 90s.

那些試圖淡化模因幣的人與那些在 60 年代淡化流行音樂、在 80 年代稱班克斯為破壞者、在 90 年代說廢話說唱的人是同一類人。

— Emin Gün Sirer (@el33th4xor) December 29, 2023

- Emin Gun Sirer (@el33th4xor) 2023 年 12 月 29 日

A timely response

及時回應

He compared those criticizing meme coins to individuals who dismissed pop music in the 60s, labeled Banksy as a vandal in the 80s, and criticized rap in the 90s.

他將那些批評 meme 硬幣的人與 60 年代蔑視流行音樂、80 年代將班克斯貼上破壞者標籤、90 年代批評說唱的人進行了比較。

Sirer emphasized Avalanche’s strong institutional activity, distinguishing it from coins making promises without delivery.

Sirer 強調了 Avalanche 強大的機構活動，將其與做出承諾但不交付的代幣區分開來。

He commended the Avalanche Foundation’s vision in supporting meme coins, acknowledging the cultural significance of these coins as social signaling mechanisms.

他讚揚了雪崩基金會支持迷因硬幣的願景，承認這些硬幣作為社會訊號機制的文化意義。

While Sirer initially had reservations about meme coins, he now recognizes their value as cultural expressions.

雖然 Sirer 最初對模因硬幣持保留態度，但他現在認識到它們作為文化表達的價值。

He emphasized that a coin doesn’t need a roadmap or complex promises to be legitimate; it can simply be owned for personal preference and social signaling.

他強調，代幣不需要路線圖或複雜的承諾即可成為合法的；它可以簡單地出於個人喜好和社交信號而擁有。

Sirer cautioned about the volatility of meme coins, advising careful consideration due to their unpredictable nature in an already volatile market.

Sirer 對模因幣的波動性提出了警告，並建議謹慎考慮，因為它們在已經波動的市場中具有不可預測的性質。

Drawing parallels with his past recommendation of Dogecoin in 2015 for its fun and experimental appeal, Sirer highlighted the importance of meme coins retaining their enjoyable and entertaining aspects to remain valuable.

Sirer 與他過去在 2015 年推薦的狗狗幣（Dogecoin）的有趣性和實驗性吸引力相似，強調了模因幣保留其令人愉悅和娛樂性的方面以保持價值的重要性。

Read Avalanche’s [AVAX] Price Prediction 2023-24

閱讀 Avalanche 的 [AVAX] 2023-24 價格預測

AVAX bleeds

AVAX 流血

However, the markets didn’t share the same enthusiasm as Emin. In the last 24 hours, the price of AVAX fell by 8.17% and was trading at $38.61. Due to the price of AVAX plummeting, the number of short positions taken against AVAX had grown.

然而，市場並沒有像艾敏那麼熱情。過去24小時內，AVAX價格下跌8.17%，交易價格38.61美元。由於 AVAX 價格暴跌，針對 AVAX 的空頭部位數量有所增加。

At press time, the percentage of short positions taken against was 53.41%. Only time will tell whether the meme coin development will aid AVAX in spoiling the bears’ plans.

截至發稿，空頭反倉比例為53.41%。只有時間才能證明模因幣的開發是否會幫助 AVAX 破壞熊的計劃。

Source: Santiment

資料來源：Santiment