(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

The Downfall of Meme Coins Like Dogecoin: Three Reasons for Their Demise

像狗狗幣這樣的 Meme 幣的沒落：它們消亡的三個原因

As of December 16, 2024, 6:00 PM, Dogecoin (DOGE) is trading at $0.40150829491976. The 24-hour trading volume for DOGE stands at $3,060,496,583.7631. In the past 24 hours, Dogecoin has experienced a price increase of 0.56860072%.

截至 2024 年 12 月 16 日下午 6:00，狗狗幣 (DOGE) 的交易價格為 0.40150829491976 美元。 DOGE 的 24 小時交易量為 3,060,496,583.7631 美元。在過去的24小時內，狗狗幣的價格上漲了0.56860072%。

Circulating Supply: 147,222,366,383.71

流通量：147,222,366,383.71

Maximum Supply: Unlimited

最大供應量：無限制

Total Supply: 147,222,366,383.71

總供應量：147,222,366,383.71

Market Capitalization: $59,111,001,300.774

市值：59,111,001,300.774 美元

The cryptocurrency market has witnessed an unprecedented surge in the popularity of meme coins in recent years, with Dogecoin emerging as one of the most prominent. However, recent developments have raised concerns about the long-term viability of these assets, leading to a significant decline in their value.

近年來，加密貨幣市場見證了迷因幣的受歡迎程度空前飆升，其中狗狗幣成為其中最突出的一種。然而，最近的事態發展引發了人們對這些資產的長期生存能力的擔憂，導致其價值大幅下跌。

Three Major Factors Contributing to the Downfall of Meme Coins:

導致 Meme 幣衰退的三個主要因素：

1. Lack of Fundamental Value:

1. 缺乏基本價值：

Unlike traditional cryptocurrencies like Bitcoin, which derive their value from their underlying blockchain technology and utility, meme coins like Dogecoin often lack any intrinsic value. Their value is primarily driven by speculation and hype, which can quickly dissipate, resulting in sharp price fluctuations.

與比特幣等傳統加密貨幣不同，比特幣的價值源自於其底層區塊鏈技術和實用性，而狗狗幣等迷因幣通常缺乏任何內在價值。它們的價值主要是由投機和炒作驅動的，這些炒作和炒作可能會很快消散，導致價格劇烈波動。

2. Oversupply and Inflationary Pressure:

2. 供給過剩和通膨壓力：

Meme coins like Dogecoin have a high supply cap or, in some cases, an unlimited supply. This excessive supply can create inflationary pressure, reducing the scarcity and value of the coin over time. As more coins are released into circulation, each individual coin becomes less valuable, making it difficult to maintain a stable price.

像狗狗幣這樣的迷因幣有很高的供應上限，或者在某些情況下，供應量是無限的。這種過度供應會造成通貨膨脹壓力，隨著時間的推移，會降低代幣的稀缺性和價值。隨著越來越多的硬幣投入流通，每枚硬幣的價值都會降低，難以維持穩定的價格。

3. Loss of Speculative Interest:

3. 投機興趣的喪失：

The success of meme coins largely depends on the attention and speculative interest they garner from retail investors. However, as the hype surrounding these assets wanes, investors may lose interest and withdraw their support. This can lead to a sell-off, further driving down prices.

迷因幣的成功很大程度上取決於它們從散戶投資者那裡獲得的關注和投機興趣。然而，隨著圍繞這些資產的炒作減弱，投資者可能會失去興趣並撤回支持。這可能會導致拋售，進一步壓低價格。

Conclusion:

結論：

While meme coins like Dogecoin may have provided entertainment and temporary gains for some investors, their long-term viability appears to be questionable due to their lack of fundamental value, excessive supply, and dependence on speculative interest. As the cryptocurrency market matures, investors are likely to prioritize assets with stronger foundations and real-world applications, leaving meme coins vulnerable to further decline.

雖然狗狗幣等迷因幣可能為一些投資者提供了娛樂和暫時收益，但由於缺乏基本價值、供應過剩以及對投機興趣的依賴，其長期生存能力似乎值得懷疑。隨著加密貨幣市場的成熟，投資者可能會優先考慮具有更強大基礎和現實世界應用的資產，從而使模因幣容易進一步下跌。