Altcoins are experiencing a challenging period, partly attributed to the rise of memecoins capturing a significant portion of crypto investments. According to James Check, lead analyst at Glassnode, these memecoins pose as a "silent killer" by diverting vital funds, hindering the altcoin season.

山寨幣正在經歷一個充滿挑戰的時期，部分原因是模因幣的崛起佔據了加密貨幣投資的很大一部分。 Glassnode 首席分析師 James Check 表示，這些迷因幣透過轉移重要資金、阻礙山寨幣季節而成為「無聲殺手」。

Memecoins: The Silent Obstruction of Altcoin Growth

Memecoins：山寨幣成長的無聲阻礙

"Rough Consensus" podcast, James Check emphasized the adverse impact of memecoins on altcoin performance. He notes that crypto enthusiasts are flocking to popular memecoins such as Dogecoin, Shiba Inu, and PePe, diverting substantial capital away from altcoins.

「粗略共識」播客中，James Check 強調了迷因幣對山寨幣表現的不利影響。他指出，加密貨幣愛好者紛紛湧向狗狗幣、柴犬和 PePe 等流行的迷因幣，從而從山寨幣轉移了大量資金。

"For each dollar invested in memecoins, around 50 to 60 cents could have been allocated to prominent altcoins like Ethereum, Solana, and XRP," Check stated. This redirection of funds creates a deficit for altcoins, slowing their advancement in the crypto market.

Check 表示：“投資 memecoin 的每一美元，大約有 50 到 60 美分可以分配給以太坊、Solana 和 XRP 等著名的山寨幣。”這種資金的重新定向造成了山寨幣的赤字，減緩了它們在加密貨幣市場的發展。

The Meteoric Ascent of Memecoins and Its Impact

Memecoin 的迅速崛起及其影響

Traditionally, memecoins gained popularity during the concluding stages of bullish cycles in the crypto market. However, in 2024, the rise of these crypto assets commenced much earlier, disrupting the growth trajectory of altcoins.

傳統上，模因幣在加密貨幣市場牛市週期的最後階段受到歡迎。然而，到了 2024 年，這些加密資產的崛起開始得更早，擾亂了山寨幣的成長軌跡。

The exceptional success of PEPE, for instance, has led to remarkable gains for its traders. Notably, a crypto investor transformed $3,000 into $46 million. This scenario exemplifies the diversion of capital that could have propelled altcoins but is now directed toward these popular cryptocurrencies.

例如，PEPE 的巨大成功為其交易者帶來了顯著的利益。值得注意的是，一位加密貨幣投資者將 3,000 美元變成了 4,600 萬美元。這種情況體現了資本的轉移，本來可以推動山寨幣的發展，但現在卻轉向了這些流行的加密貨幣。

Expert Outlook and Future Prospects

專家展望及未來展望

Despite the current situation, some crypto experts anticipate an upswing for altcoins once the memecoin craze subsides. The prevailing low trading volumes and prices may indicate an opportunity for these cryptocurrencies to recover lost ground. According to these experts, altcoins could even surpass memecoins if capital begins to shift back in their favor.

儘管目前的情況，一些加密貨幣專家預計，一旦迷因幣熱潮消退，山寨幣就會上漲。目前的低交易量和價格可能表明這些加密貨幣有機會收復失地。這些專家認為，如果資本開始轉向對山寨幣有利的方向，山寨幣甚至可能超越迷因幣。