Cryptocurrency Market Experiences Notable Dip

加密貨幣市場經歷顯著下滑

The cryptocurrency market has witnessed a significant decline, with meme coins facing substantial losses. Among these, Dogwifhat (WIF) has been the most heavily impacted, dropping by 18% over the past 24 hours. This decline has brought WIF's market valuation beneath the crucial $3 billion threshold, placing its position as the fourth-largest meme coin after FLOKI at risk.

加密貨幣市場大幅下滑，米姆幣面臨巨額損失。其中，Dogwifhat (WIF) 受到的影響最為嚴重，在過去 24 小時內下跌了 18%。這一下跌使 WIF 的市場估值跌破了 30 億美元的關鍵門檻，使其作為僅次於 FLOKI 的第四大模因幣的地位面臨風險。

Impact on the Meme Coin Sector

對 Meme 幣產業的影響

WIF's downturn is part of a broader trend affecting meme coins. Leading meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) have also experienced notable losses, albeit to a lesser extent. DOGE, SHIB, and PEPE have declined by 9.7%, 7.5%, and 11.3%, respectively. As per CoinGlass data, this downward trend has resulted in meme coin investors losing over $20 million in long positions within the last day. Overall, the cryptocurrency market's total value has plummeted by 3.2%, with Bitcoin (BTC) itself experiencing a 3.5% drop.

WIF 的低迷是影響 meme 幣的更廣泛趨勢的一部分。狗狗幣（DOGE）、柴犬幣（SHIB）和佩佩幣（PEPE）等領先的迷因幣也經歷了顯著的損失，儘管程度較小。 DOGE、SHIB 和 PEPE 分別下跌 9.7%、7.5% 和 11.3%。根據 CoinGlass 的數據，這種下降趨勢導致 meme 幣投資者在最後一天損失了超過 2000 萬美元的多頭部位。總體而言，加密貨幣市場總價值暴跌 3.2%，其中比特幣 (BTC) 本身也下跌了 3.5%。

The sharp declines in the meme coin segment form part of the most severe downturn in the crypto market since mid-April. The total liquidation in the market has reached $415 million, marking the largest liquidation event since April 13, 2024. This widespread sell-off reflects elevated levels of market volatility and investor apprehension.

Meme 幣領域的大幅下跌是加密市場自 4 月中旬以來最嚴重的低迷的一部分。市場清算總額已達 4.15 億美元，這是自 2024 年 4 月 13 日以來最大規模的清算事件。

Resilience in Small-Cap Meme Coins

小盤 Meme 幣的彈性

Paradoxically, while larger meme coins have faltered, some smaller meme coins have exhibited resilience and even growth. For instance, the Base-based meme coin Basenji (BENJI) has surged by 33% in a single day, reaching a market valuation of $70 million. Similarly, Chompcoin (CHOMP) has recorded a 20% increase. These gains underscore the unpredictable nature of the meme coin market, where smaller tokens can occasionally outperform their larger counterparts.

矛盾的是，雖然較大的模因幣已經步履蹣跚，但一些較小的模因幣卻表現出了彈性甚至增長。例如，基於 Base 的 meme 幣 Basenji（BENJI）單日飆升 33%，市值達到 7,000 萬美元。同樣，Chompcoin (CHOMP) 也錄得 20% 的漲幅。這些收益凸顯了迷因幣市場的不可預測性，較小的代幣有時可以超越較大的代幣。

WallStreetBets-Themed Meme Coins Feel the Pinch

WallStreetBets 主題 Meme 硬幣感受到壓力

In contrast, WallStreetBets-themed meme coins have encountered a particularly severe downturn. The meme coin GME, inspired by the GameStop stock that gained notoriety during the Reddit trading frenzy, has fallen by 33%. This significant decline occurred during a live broadcast by Roaring Kitty, a prominent figure among Reddit investors, leaving cryptocurrency enthusiasts disappointed.

相比之下，以 WallStreetBets 為主題的迷因幣遭遇了特別嚴重的低迷。迷因幣 GME 的靈感來自於在 Reddit 交易狂潮中聲名狼藉的 GameStop 股票，目前已下跌 33%。這一大幅下跌發生在 Reddit 投資者中的知名人物 Roaring Kitty 的一次直播期間，令加密貨幣愛好者感到失望。