Cover image via U.Today

封面圖片來自 U.Today

The meme coin ecosystem is witnessing a significant shift, with newcomers like NEIRO challenging veteran players such as Dogecoin (DOGE) and Shiba Inu (SHIB). Recent liquidation data provides insights into investor sentiment, indicating a potential major upheaval.

迷因幣生態系統正在經歷重大轉變，像 NEIRO 這樣的新來者挑戰了狗狗幣 (DOGE) 和柴犬 (SHIB) 等老牌玩家。最近的清算數據提供了對投資者情緒的洞察，顯示潛在的重大動盪。

Current Meme Coin Liquidation Outlook

當前 Meme 幣清算前景

CoinGlass data reveals a moderate combined market liquidation of $180.25 million, involving 59,547 traders.

CoinGlass 數據顯示，市場總清算金額為 1.8025 億美元，涉及 59,547 名交易者。

Beyond Bitcoin (BTC) and Ethereum (ETH), NEIRO stands out with a liquidation of $8.71 million, eclipsing Dogecoin's $3.07 million.

除了比特幣 (BTC) 和以太坊 (ETH) 之外，NEIRO 也以 871 萬美元的清算額脫穎而出，超過了狗狗幣的 307 萬美元。

NEIRO's liquidation also exceeds those of Dogwifhat (WIF) and PEPE, signaling an intense sell-off. This surge follows NEIRO's recent all-time high (ATH) of $0.001524, fueled by a 51% increase in the past 24 hours.

NEIRO 的清算量也超過了 Dogwifhat (WIF) 和 PEPE，預示著強烈的拋售。此次飆升是 NEIRO 在過去 24 小時內上漲 51% 的推動下創下近期歷史新高 (ATH) 0.001524 美元。

The surge in NEIRO's liquidation highlights the overexposure of traders and could trigger further liquidations.

NEIRO 清算激增凸顯了交易者的過度暴露，並可能引發進一步清算。

Can Established Meme Coins Compete with Newcomers?

老牌 Meme 幣可以與新來者競爭嗎？

The liquidation heatmap on CoinGlass notably excludes Shiba Inu, suggesting a shift in investor attention towards more volatile and potentially more lucrative alternatives.

CoinGlass 上的清算熱圖明顯排除了 Shiba Inu，這表明投資者的注意力已轉向波動性更大且可能更有利可圖的替代品。

This trend raises questions about the sustainability of older meme coins like DOGE, SHIB, Floki, PEPE, BONK, and WIF.

這一趨勢引發了人們對 DOGE、SHIB、Floki、PEPE、BONK 和 WIF 等老模因幣可持續性的質疑。

While initial hype alone cannot guarantee long-term success, utility is emerging as a defining factor for meme coin value. Notably, Shiba Inu is pioneering with the launch of Shibarium, while BONK and WIF have integrated into the Solana ecosystem.

雖然最初的炒作本身並不能保證長期的成功，但實用性正在成為迷因幣價值的決定性因素。值得注意的是，Shiba Inu 率先推出了 Shibarium，而 BONK 和 WIF 已融入 Solana 生態系統。

The survival and potential dominance of new meme tokens depend on their ability to deliver tangible value to their respective communities.

新模因代幣的生存和潛在主導地位取決於它們為各自社區提供有形價值的能力。