Popular meme-based tokens, Dogecoin (DOGE) and Shiba Inu (SHIB), experienced a notable surge of around 9% within the last 24 hours. This uptick is intriguing for market watchers, as it hints that crypto traders might be pursuing higher-risk bets, inspired by Bitcoin (BTC) commendable market performance.

流行的基於 meme 的代幣，狗狗幣 (DOGE) 和柴犬 (SHIB) 在過去 24 小時內經歷了約 9% 的顯著飆升。這種上漲對市場觀察者來說很有趣，因為它暗示加密貨幣交易者可能會受到比特幣（BTC）值得稱讚的市場表現的啟發而追求更高風險的押注。

The spontaneous boost in SHIB and DOGE’s value came after the social media giant, platform X (previously known as Twitter), announced the introduction of a video calling feature exclusive to premium users.

在社群媒體巨頭 X 平台（之前稱為 Twitter）宣布推出高級用戶專屬視訊通話功能後，SHIB 和 DOGE 的價值自然而然地上漲。

Despite the absence of any direct links between this feature and the meme coins, traders appear to display a classic case of “irrational exuberance.”

儘管此功能與模因幣之間沒有任何直接聯繫，但交易者似乎表現出了「非理性繁榮」的經典案例。

Historically, there have been expectations among some sections of the crypto community that platform X might adopt DOGE as a payment alternative.

從歷史上看，加密社群的某些部分一直期望 X 平台可能採用 DOGE 作為支付替代方案。

As a testament to the rising interest, the cumulative trading volumes for these tokens skyrocketed to a whopping $1.2 billion on Thursday, up from $350 million the previous Monday, according to CoinGecko.

據 CoinGecko 稱，週四這些代幣的累積交易量從前週一的 3.5 億美元猛增至 12 億美元，證明了人們的興趣不斷上升。

Furthermore, the open interest in futures for both DOGE and SHIB has witnessed a sharp rise of over 50%. This suggests that traders anticipate increased price swings in the immediate future.

此外，DOGE和SHIB的期貨持倉量均大幅上漲50%以上。這表示交易者預期近期價格波動將會加大。

While the meme tokens did see an appreciable growth, it pales in comparison to the recent surges in other major cryptocurrencies. A potential spot bitcoin exchange-traded fund (ETF) catalyzed a 30% rise in bitcoin prices in the past week, though it later pulled back. Other major players like ether (ETH), solana (SOL), and xrp (XRP) reported gains as high as 40%.

雖然模因代幣確實出現了可觀的增長，但與其他主要加密貨幣最近的飆升相比，它顯得相形見絀。過去一周，潛在的現貨比特幣交易所交易基金 (ETF) 推動比特幣價格上漲 30%，但隨後有所回落。其他主要參與者如以太幣 (ETH)、solana (SOL) 和 xrp (XRP) 的漲幅高達 40%。

Despite DOGE and SHIB’s 15% growth in the same timeframe, they lagged behind other leading tokens. Interestingly, historical data reveals a pattern where spikes in these meme tokens precede a dip in major cryptocurrencies.

儘管 DOGE 和 SHIB 在同一時間段內增長了 15%，但它們落後於其他領先代幣。有趣的是，歷史數據揭示了一種模式，即這些迷因代幣的飆升先於主要加密貨幣的下跌。

Blockchain analytics firm, Santiment, remarked in a December report, “Every time that the price of DOGE starts rising rapidly, there’s a market-wide crash following just moments later.”

區塊鏈分析公司 Santiment 在 12 月的一份報告中表示，“每次 DOGE 的價格開始快速上漲，不久之後就會出現整個市場的崩盤。”