Reduced Leverage Dampens Altcoin Trading as Meme Tokens Bear the Brunt

Meme 代幣首當其衝，槓桿率降低抑制山寨幣交易

The cryptocurrency market has undergone a noticeable shift this week, with a sell-off leading to a decline in the open interest-to-market cap ratio for many altcoins. This indicates reduced leverage and trading activity in the altcoin market, reflecting a growing sense of caution among investors.

加密貨幣市場本週發生了明顯的變化，拋售導致許多山寨幣的未平倉合約與市值比率下降。這顯示山寨幣市場的槓桿率和交易活動減少，反映出投資人日益謹慎。

Meme tokens, including Bonk (BONK), Dogwifhat (WIF), and Dogecoin (DOGE), have faced the brunt of the downturn, experiencing substantial declines in their market metrics.

Meme 代幣，包括 Bonk (BONK)、Dogwifhat (WIF) 和 Dogecoin (DOGE)，在經濟低迷中首當其衝，其市場指標大幅下滑。

Following this week's selloff, the open interest-to-market cap ratio has dropped for most altcoins, indicating lower leverage. Meme tokens, such as BONK, WIF, and DOGE, have seen the most pronounced declines.

在本週的拋售之後，大多數山寨幣的未平倉合約與市值比率有所下降，顯示槓桿率較低。 BONK、WIF 和 DOGE 等 Meme 代幣的跌幅最為明顯。

BONK Faces Bearish Momentum

BONK面臨看跌勢頭

BONK (BONK) has experienced a 2.81% price drop in the last 24 hours, currently trading at $0.00003862. The token's market cap has fallen by 2.77%, now standing at $2.92 billion.

BONK (BONK) 的價格在過去 24 小時內下跌了 2.81%，目前交易價格為 0.00003862 美元。該代幣的市值已下跌 2.77%，目前為 29.2 億美元。