The Rise of Meme Cryptocurrencies

Meme 加密貨幣的興起

The meme cryptocurrency phenomenon, which surged during the bull run of 2020-2021, has evolved into a significant trading category within the industry. Initially dominated by tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI, the period from 2023-2024 witnessed an influx of new meme cryptos.

迷因加密貨幣現像在 2020-2021 年多頭市場期間激增，已發展成為該行業內的重要交易類別。最初由狗狗幣 (DOGE)、柴犬 (SHIB) 和 FLOKI 等代幣主導，2023 年至 2024 年期間見證了新模因加密貨幣的湧入。

Surge in New Meme Coins

新 Meme 幣激增

A recent report attributed the proliferation of new meme coins in the past two years to increased accessibility through the deployment of ERC-20 tokens. This process has become more user-friendly, leading to a surge in the number of meme coins launched. In April 2024, CoinMarketCap registered 138 new meme coins, a significant increase from the 18 launched in April 2023.

最近的一份報告將過去兩年新模因幣的激增歸因於部署 ERC-20 代幣增加了可訪問性。這個過程變得更加用戶友好，導致推出的模因幣數量激增。 2024 年 4 月，CoinMarketCap 註冊了 138 個新 meme 幣，比 2023 年 4 月推出的 18 個大幅增加。

Alternative Chains and New Standards

替代鍊和新標準

The high gas fees on the Ethereum blockchain have encouraged some meme coin activity to shift to alternative chains such as Solana. Other chains have also emerged as platforms for emerging cryptos, offering meme grant programs to incentivize development.

以太坊區塊鏈上的高汽油費鼓勵一些 meme 幣活動轉向 Solana 等替代鏈。其他區塊鏈也已成為新興加密貨幣的平台，提供迷因資助計畫來激勵發展。

While ERC-20 remains the dominant standard for fungible tokens, new standards like BRC-20 have emerged on different EVM chains. Additionally, standards such as BRC-721 and DN404 have introduced diversity in token types.

雖然 ERC-20 仍然是可替代代幣的主導標準，但在不同的 EVM 鏈上已經出現了 BRC-20 等新標準。此外，BRC-721 和 DN404 等標準引入了令牌類型的多樣性。

The recent introduction of Runes on Bitcoin demonstrates the growing trend of meme cryptos expanding beyond Ethereum.

最近在比特幣上引入符文表明了模因加密貨幣擴展到以太坊之外的成長趨勢。

Challenges and Opportunities

挑戰與機遇

With the proliferation of coins across multiple chains and standards, identifying the next potential breakout meme coin has become increasingly challenging. Many of these new meme coins are likely to fail, emphasizing the need for diversification for investors seeking exposure to this space.

隨著代幣跨多個鍊和標準的激增，識別下一個潛在的突破性模因代幣變得越來越具有挑戰性。許多新的迷因代幣可能會失敗，這凸顯了尋求涉足這一領域的投資者需要多元化。

Striking a balance between diversification and concentration is crucial. Limited diversification can expose investors to significant risks, while excessive diversification may dilute potential gains and increase the likelihood of errors.

在多元化和集中化之間取得平衡至關重要。有限的多元化可能會讓投資者面臨重大風險，而過度的多元化可能會稀釋潛在收益並增加出錯的可能性。

Market Overview

市場概況

The meme-based cryptocurrency market capitalization has experienced a slight increase over the past day, reaching $55.6 billion. Total 24-hour trading volume stands at $5.14 billion. Dogecoin (DOGE) has gained 12% in the past 7 days and is currently trading at an average price of $0.15.

基於 meme 的加密貨幣市值在過去一天小幅增長，達到 556 億美元。 24小時總交易量為51.4億美元。狗狗幣（DOGE）在過去 7 天內上漲了 12%，目前交易均價為 0.15 美元。