The current meme craze might not be such a good thing after all as, historically, a surge in the price of meme tokens has often signaled a market top.

畢竟，當前的迷因熱潮可能並不是一件好事，因為從歷史上看，迷因代幣價格的飆升往往預示著市場見頂。

Elon Musk's recent suggestion that Tesla, the 15th largest company by market cap, might accept Dogecoin ($DOGE) as a payment method for its electric vehicles has once again drawn attention to the meme coin market, sending DOGE's price soaring by more than 9% in just the past 24 hours.. This announcement comes in the middle of a broader frenzy in the memecoin sector, with trading volumes reaching almost $80 billion in the past week, which certainly proves that the sector is seeing a very robust influx of new capital.

馬斯克(Elon Musk) 最近建議市值第15 大公司特斯拉可能會接受狗狗幣($DOGE) 作為其電動車的支付方式，這再次引起了人們對meme 幣市場的關注，導致DOGE 的價格飆升了9% 以上就在過去的24 小時內.. 這一聲明是在memecoin 領域更廣泛的狂熱中發布的，過去一周的交易量達到近800 億美元，這無疑證明了該領域正在經歷非常強勁的新資本湧入。

Alongside Dogecoin, other memecoins like dogwifhat (WIF) have also seen large price increases, with WIF hitting a new all-time high after a quite successful crowdfunding campaign to put WIF on the Vegas Sphere. People should, however, still tread carefully as soaring memecoin prices have been indicators of market tops in the past. On the other hand, the current meme frenzy might be a different story as there are so many unique forces driving up the prices of memes.

除了狗狗幣之外，dogwifhat (WIF) 等其他 memecoin 的價格也出現了大幅上漲，在將 WIF 納入維加斯圈的眾籌活動相當成功之後，WIF 創下了歷史新高。然而，人們仍應謹慎行事，因為 Memecoin 價格的飆昇在過去一直是市場見頂的指標。另一方面，當前的迷因狂熱可能是一個不同的故事，因為有許多獨特的力量推高了迷因的價格。

Dogecoin as a Payment Method for Tesla?

Elon Musk, the CEO of Tesla, has once again stirred excitement among Dogecoin (DOGE) investors by suggesting that the electric car manufacturer may eventually accept the memecoin as an official payment method for buying its vehicles. This conversation took place during a public interaction at the Berlin Gigafactory, where an audience member asked about the possibility of buying Tesla cars with Dogecoin in the near future.

狗狗幣作為特斯拉的支付方式？特斯拉執行長馬斯克（Elon Musk）再次激起了狗狗幣（DOGE）投資者的興奮，他表示這家電動車製造商最終可能會接受模因幣作為購買其車輛的官方支付方式。這次對話發生在柏林超級工廠的一次公眾互動中，一位觀眾詢問在不久的將來用狗狗幣購買特斯拉汽車的可能性。

Musk's interesting response, "At some point I think we should enable that," led to a surge in DOGE’s price, which climbed by more than 9 % after his comments. CoinMarketCap indicated that the memecoin was trading hands at $0.1872 at press time.

馬斯克有趣的回應是，“在某個時候，我認為我們應該實現這一點”，導致 DOGE 的價格飆升，在他發表評論後，DOGE 的價格上漲了 9% 以上。 CoinMarketCap 表示，截至發稿時，memecoin 的交易價格為 0.1872 美元。

The Tesla CEO has been a very vocal supporter of Dogecoin, often referring to it as "people's crypto" in contrast to Bitcoin, which he believes has gained support from many wealthy individuals. Musk's preference for Dogecoin stems from his desire to back a cryptocurrency that resonates more with the general public. Tesla has already embraced Dogecoin for merchandise purchases since Jan. 14, 2022, but the recent conversation has certainly reignited speculation about its expansion to vehicle payments.

這位特斯拉執行長一直是狗狗幣的大力支持者，經常將其稱為“人民的加密貨幣”，與比特幣形成鮮明對比，他認為比特幣已經獲得了許多富人的支持。馬斯克對狗狗幣的偏好源自於他希望支持一種更能引起大眾共鳴的加密貨幣。自 2022 年 1 月 14 日以來，特斯拉已經接受狗狗幣用於商品購買，但最近的對話無疑重新引發了人們對其擴展到車輛支付領域的猜測。

Additionally, Musk's recent endeavors with his "everything app" X have sparked even more speculation in the crypto community. With the creation of an 'XPayments' account for the app's upcoming payments feature, there's anticipation around whether this new service will extend beyond traditional fiat currencies to include cryptocurrencies like Dogecoin.

此外，馬斯克最近在「一切應用程式」X 上的努力在加密社群引發了更多猜測。隨著應用程式即將推出的支付功能創建「XPayments」帳戶，人們預計這項新服務是否會超越傳統的法定貨幣，包括狗狗幣等加密貨幣。

‘WIF’ of Success

DOGE is not the only memecoin attracting people's attention at the moment. The Solana-based memecoin, dogwifhat (WIF), experienced a 25% increase in price, reaching a new all-time high of $3, after a successful crowdfunding campaign that raised more than $700,000. At press time, WIF was still trading above the $3 mark at $3.09. The announcement of the campaign's success even pushed its market capitalization to $3 billion momentarily.

SuccessDOGE 的「WIF」並不是目前唯一引起人們關注的迷因幣。基於 Solana 的迷因幣 Dogwifhat (WIF) 在一次成功的眾籌活動籌集了超過 70 萬美元之後，價格上漲了 25%，達到 3 美元的歷史新高。截至發稿時，WIF 的交易價格仍高於 3 美元大關，為 3.09 美元。該活動的成功宣布甚至使其市值瞬間飆升至 30 億美元。

This campaign, known as "Sphere Wif Hat," aimed to advertise the memecoin's logo on the Las Vegas sphere, was supported by key figures in the crypto community, including a well known crypto trader with a large following on social media. The campaign quickly exceeded its funding goal, collecting more than $702,000 in USD Coin donations. The crowdfunding effort also got backed by major players in the Solana ecosystem, like the Phantom Wallet, which actively promoted the campaign.

這項名為「Sphere Wif Hat」的活動旨在在拉斯維加斯球體上宣傳memecoin 的徽標，得到了加密社區關鍵人物的支持，其中包括一位在社交媒體上擁有大量追隨者的知名加密貨幣交易員。該活動很快就超出了其籌資目標，籌集了超過 702,000 美元的美元硬幣捐款。群眾募資活動也得到了 Solana 生態系統中主要參與者的支持，例如 Phantom Wallet，他們積極推廣了這項活動。

However, there has been no public confirmation that the Las Vegas sphere actually accepted the marketing campaign. The initiative has also stirred mixed reactions in the crypto space, with some people seeing it as a sign of market exuberance. Despite this, WIF's remarkable performance has pushed it above other very well-known memecoins, making it the fourth-largest memecoin by market capitalization.

然而，尚未公開證實拉斯維加斯圈子確實接受了這項行銷活動。該舉措還在加密貨幣領域引起了不同的反應，有些人將其視為市場繁榮的標誌。儘管如此，WIF 的出色表現使其超越了其他非常知名的模因幣，使其成為市值第四大模因幣。

Rise of the Memecoins, but…

It is very clear that the digital asset market is currently experiencing a huge surge in the trading of memecoins. This trend has seen trading volumes reach almost $80-billion in the past week, a peak not seen since October of 2021, right before the burst of the last crypto bubble. Memecoins like dogwifhat and Pepe are leading this frenzy, even outpacing the gains of Bitcoin.

Memecoin 的崛起，但…很明顯，數位資產市場目前正在經歷 Memecoin 交易的巨大激增。這一趨勢使得過去一周的交易量達到近 800 億美元，這是自 2021 年 10 月（即上一次加密貨幣泡沫破裂之前）以來的最高水平。像dogwifhat和Pepe這樣的迷因幣正在引領這股狂熱，甚至超過了比特幣的漲幅。

This increase in memecoin trading volume, according to data from the blockchain data firm Kaiko, indicates a robust inflow of new capital into the crypto markets, despite the historically speculative nature of these tokens. Research analyst Dessislava Aubert of Kaiko points out that while surges in meme tokens have traditionally signaled market tops, the current dynamics might be different because of some of the unique factors driving interest in specific tokens, which are becoming less correlated with bitcoin's movements.

根據區塊鏈數據公司 Kaiko 的數據，memecoin 交易量的增加表明新資本大量流入加密貨幣市場，儘管這些代幣在歷史上具有投機性質。 Kaiko 的研究分析師Dessislava Aubert 指出，雖然Meme 代幣的激增傳統上預示著市場見頂，但當前的動態可能有所不同，因為一些獨特因素推動了對特定代幣的興趣，而這些代幣與比特幣走勢的相關性越來越小。

The allure of memecoins lies in their low entry price, offering investors the potential for impressive returns very quickly, despite the absence of traditional fundamentals backing these digital assets. However, Thomas Perfumo, the head of strategy at Kraken Digital Asset Exchange, warns that the market cap figures of memecoins might not reflect their actual realizable price due to their potential impact on the market when selling large amounts.

迷因幣的吸引力在於其低廉的入場價格，儘管缺乏支持這些數位資產的傳統基本面，但它為投資者提供了快速獲得可觀回報的潛力。然而，Kraken 數位資產交易所策略主管 Thomas Perfumo 警告稱，由於大量出售時對市場的潛在影響，memecoin 的市值數據可能無法反映其實際可實現價格。

This is certainly not stopping memecoin fans, which is evident in the dogwifhat Vegas Sphere saga, and Elon Musk’s continued support of DOGE.

這當然不會阻止迷因幣粉絲的腳步，這一點在 Dogwifhat Vegas Sphere 傳奇以及 Elon Musk 對 DOGE 的持續支持中就可見一斑。