The crypto market is cooling off today as Bitcoin struggles to hold above $92K. This has led to a decline in the prices of leading meme coins Dogecoin and Shiba Inu. However, a new entrant called CatSlap is breaking out and seeing a surge in buy-side activity.
隨著比特幣努力維持在 9.2 萬美元以上,加密貨幣市場今天正在降溫。這導致主要模因幣狗狗幣和柴犬的價格下跌。然而,一個名為 CatSlap 的新進者正在崛起,並見證了買方活動的激增。
DOGE Drags Market Down on BTC Pullback
比特幣回檔導致 DOGE 拖累市場下跌
Dogecoin has been the leader of the meme coin sector, but today it is dragging down the entire market. Bitcoin dipped below $92K on Tuesday, which sent shockwaves through the altcoin market.
狗狗幣一直是迷因幣領域的領頭羊,但如今卻拖累了整個市場。週二,比特幣跌破 9.2 萬美元,為山寨幣市場帶來了衝擊。
Dogecoin is the worst-hit among the top 10 cryptocurrencies, falling by 4.2% today. This means that over $2 billion has been wiped off its market cap in the last 24 hours. This puts it back to break even week-on-week, which is disappointing because it looked on course for a new all-time high (ATH) before the dip started on Saturday.
狗狗幣是十大加密貨幣中受打擊最嚴重的,今天下跌了 4.2%。這意味著過去 24 小時內其市值蒸發了超過 20 億美元。這使其每週恢復收支平衡,這令人失望,因為在周六開始下跌之前,它看起來有望創下新的歷史高點(ATH)。
Other meme coins are also tumbling. Shiba Inu has plunged 2.8% in the last 24 hours, while Pepe is down 5.3% and Bonk is down 4.8%. Dogwifhat has experienced the worst losses, with a 9.6% drop today.
其他模因幣也在暴跌。 Shiba Inu 在過去 24 小時內暴跌 2.8%,Pepe 下跌 5.3%,Bonk 下跌 4.8%。 Dogwifhat 遭受了最嚴重的損失,今天下跌了 9.6%。
This sell-off is happening as Bitcoin's price sends jitters through the market. After peaking at highs of $99.6K on 22 November, it has fallen back to $92.5K. While this is still a strong price, well above its previous ATH, traders are derisking from their altcoin positions to brace for further retracement.
隨著比特幣的價格引發市場不安,這種拋售正在發生。在 11 月 22 日達到 99,600 美元的峰值後,現已回落至 92,500 美元。儘管這仍然是一個強勁的價格,遠高於之前的最高水平,但交易者正在放棄山寨幣頭寸的風險,以應對進一步的回調。
Meme Coin Season Will Resume Soon
Meme 幣季節即將恢復
Despite the sell-off, analysts say there is nothing to worry about. Tesla Model Doge says that the "real" Dogecoin rally has yet to even begin. The analyst notes that DOGE is trading inside a rising channel, which will be followed by a break to the upside and a surge toward $1.
儘管出現拋售,但分析師表示沒有什麼好擔心的。特斯拉 Model Doge 表示,「真正的」狗狗幣反彈尚未開始。分析師指出,DOGE 正在上升通道內交易,隨後將突破上行並飆升至 1 美元。
Meanwhile, Kate the Alt observes that retail traders are pouring into DOGE. This is a good sign, underlining that meme coins continue to be a coveted asset class among retail investors.
與此同時,Kate the Alt 觀察到散戶交易員正在湧入 DOGE。這是一個好兆頭,突顯出迷因幣仍然是散戶夢想寐以求的資產類別。
Based on its price chart and retail interest, DOGE looks primed for further growth after this current cooling-off period. And just as it has led the meme coin market's recent booms and busts, we'll likely see the same next time, too.
根據其價格圖表和零售興趣,DOGE 看起來已準備好在當前的冷靜期後進一步增長。正如它引領了模因幣市場最近的繁榮和蕭條一樣,我們下次也可能會看到同樣的情況。
CatSlap Is Already Breaking Out
CatSlap 已經爆發
Even as the market finds its feet, viral meme coin CatSlap is showing dominance by breaking a huge descending wedge chart pattern. This is a significantly bullish pattern, and its break to the upside suggests that its bullish rally could start now, even while other meme coins struggle.
即使市場已經站穩腳跟,病毒式迷因幣 CatSlap 也透過打破巨大的下降楔形圖表模式顯示出主導地位。這是一個顯著的看漲模式,其向上突破表明,即使其他模因代幣陷入困境,其看漲反彈現在也可能開始。
CatSlap is an Ethereum-based cat-themed meme coin that offers a gamified experience through 'CatSlap Slapometer.' Users track their scores and compete against global competition. However, there are also rumors that CatSlap will expand into a full-swing Play-to-Earn game, separating it from any other cat coin on the market.
CatSlap 是一種基於以太坊的貓主題模因硬幣,透過「CatSlap Slapometer」提供遊戲化體驗。用戶追蹤他們的分數並與全球競爭對手競爭。然而,也有傳言稱 CatSlap 將擴展為一款全面的 Play-to-Earn 遊戲,將其與市場上任何其他貓幣區分開來。
Moreover, the project has a staking mechanism, allowing users to lock up their $SLAP to earn rewards. Right now, staking offers an impressive 40% APY.
此外,該項目還有一個質押機制,允許用戶鎖定他們的$SLAP來賺取獎勵。目前,質押提供了令人印象深刻的 40% 年化收益。
The cat-themed meta is on the rise. While dog-themed cryptos are worth $85 billion, the cat-themed market is worth just $5 billion. It's clear which has more room for growth, and CatSlap is doing a lot of things that no other cat-themed crypto is doing. Therefore, analysts like Michael Wrubel are saying $SLAP could 50x.
以貓為主題的元資料正在興起。雖然以狗為主題的加密貨幣價值 850 億美元,但以貓為主題的市場價值僅為 50 億美元。很明顯哪個有更大的成長空間,CatSlap 正在做很多其他貓主題加密貨幣沒有做的事情。因此,Michael Wrubel 等分析師表示,SLAP 美元可能會成長 50 倍。
A 50x gain seems ambitious, but CatSlap's market cap is just $22 million. Such gains would place it on par with current market leader Popcat, which is certainly possible in a bull market. Investors can buy CatSlap via the DEX on its website or using the Best Wallet app via its Upcoming Tokens feature.
50 倍的漲幅似乎雄心勃勃,但 CatSlap 的市值僅為 2,200 萬美元。這樣的漲幅將使其與當前市場領導者 Popcat 持平,這在牛市中當然是可能的。投資者可以透過其網站上的 DEX 購買 CatSlap,或透過其即將推出的代幣功能使用 Best Wallet 應用程式。