Altcoins are experiencing a challenging period, partly attributed to the rise of memecoins capturing a significant portion of crypto investments. According to James Check, lead analyst at Glassnode, these memecoins pose as a "silent killer" by diverting vital funds, hindering the altcoin season.

山寨币正在经历一个充满挑战的时期，部分原因是模因币的崛起占据了加密货币投资的很大一部分。 Glassnode 首席分析师 James Check 表示，这些模因币通过转移重要资金、阻碍山寨币季节而成为“无声杀手”。

Memecoins: The Silent Obstruction of Altcoin Growth

Memecoins：山寨币增长的无声阻碍

"Rough Consensus" podcast, James Check emphasized the adverse impact of memecoins on altcoin performance. He notes that crypto enthusiasts are flocking to popular memecoins such as Dogecoin, Shiba Inu, and PePe, diverting substantial capital away from altcoins.

“粗略共识”播客中，James Check 强调了模因币对山寨币表现的不利影响。他指出，加密货币爱好者纷纷涌向狗狗币、柴犬和 PePe 等流行的模因币，从而从山寨币上转移了大量资金。

"For each dollar invested in memecoins, around 50 to 60 cents could have been allocated to prominent altcoins like Ethereum, Solana, and XRP," Check stated. This redirection of funds creates a deficit for altcoins, slowing their advancement in the crypto market.

Check 表示：“投资 memecoin 的每一美元，大约有 50 到 60 美分可以分配给以太坊、Solana 和 XRP 等著名的山寨币。”这种资金的重新定向造成了山寨币的赤字，减缓了它们在加密货币市场的发展。

The Meteoric Ascent of Memecoins and Its Impact

Memecoin 的迅速崛起及其影响

Traditionally, memecoins gained popularity during the concluding stages of bullish cycles in the crypto market. However, in 2024, the rise of these crypto assets commenced much earlier, disrupting the growth trajectory of altcoins.

传统上，模因币在加密货币市场牛市周期的最后阶段受到欢迎。然而，到了 2024 年，这些加密资产的崛起开始得更早，扰乱了山寨币的增长轨迹。

The exceptional success of PEPE, for instance, has led to remarkable gains for its traders. Notably, a crypto investor transformed $3,000 into $46 million. This scenario exemplifies the diversion of capital that could have propelled altcoins but is now directed toward these popular cryptocurrencies.

例如，PEPE 的巨大成功为其交易者带来了显着的收益。值得注意的是，一位加密货币投资者将 3,000 美元变成了 4600 万美元。这种情况体现了资本的转移，本来可以推动山寨币的发展，但现在却转向了这些流行的加密货币。

Expert Outlook and Future Prospects

专家展望及未来展望

Despite the current situation, some crypto experts anticipate an upswing for altcoins once the memecoin craze subsides. The prevailing low trading volumes and prices may indicate an opportunity for these cryptocurrencies to recover lost ground. According to these experts, altcoins could even surpass memecoins if capital begins to shift back in their favor.

尽管存在目前的情况，一些加密货币专家预计，一旦模因币热潮消退，山寨币就会上涨。目前的低交易量和价格可能表明这些加密货币有机会收复失地。这些专家认为，如果资本开始转向对山寨币有利的方向，山寨币甚至可能超越模因币。