Meme Coin Meltdown: Crypto Community Rejects Speculative Tokens

模因硬币崩溃：加密社区拒绝投机令牌

As the highly speculative realm of meme coins faces an inevitable decline, crypto executives and analysts have weighed in with their perspectives, and their assessments are far from favorable.

由于模因硬币的高度投机领域面临不可避免的下降，加密高管和分析师与他们的观点相处融洽，而且他们的评估远非有利。

Coinbase CEO's Warning

Coinbase首席执行官的警告

"Certain meme coins have crossed the line by engaging in insider trading," stated Coinbase CEO Brian Armstrong, emphasizing, "This is a grave violation of the law, and individuals should be aware that they face the prospect of incarceration for such offenses."

Coinbase首席执行官Brian Armstrong强调说：“某些模因硬币已经通过进行内幕交易来跨越了界限，这是对法律的严重侵犯，个人应该意识到，他们面临着对此类罪行监禁的前景。”

Armstrong further elaborated, "In every crypto cycle, there's a contingent that seeks quick riches, only to learn this lesson the hard way."

阿姆斯特朗进一步阐述：“在每个加密循环中，都有一个偶然者寻求迅速的财富，只是为了以艰难的方式学习这一课。”

Meme Coin Mania

模因硬币躁狂症

Despite his criticism, Armstrong acknowledged the longevity of meme coins, citing Dogecoin as an example. He noted, "Meme coins have been a mainstay in our industry since the inception of Bitcoin."

尽管他受到了批评，但阿姆斯特朗承认了模因硬币的寿命，并以Dogecoin为例。他指出：“自比特币成立以来，模因硬币一直是我们行业的中流台。”

"They serve as a reminder that the entire world of assets is destined to be tokenized and brought onto the blockchain," he added.

他补充说：“他们提醒人们，整个资产的世界注定要被象征化并将其带入区块链。”

Bitcoiner's Dismissal

比特币的解雇

"Meme coins are undoubtedly finished," declared Bitcoiner Nic Carter, asserting that they "served no purpose beyond their initial launch mechanism," which promised a "fair launch" that would benefit retail investors as well as venture capital firms.

比特币尼克·卡特（Nic Carter）宣称：“毫无疑问，模因硬币已经完成了。

He continued, "The trade in meme coins was predicated on a claim that was ultimately exposed as false - that the casino was at least honest."

他继续说：“模因硬币的贸易是基于最终被视为虚假的说法 - 至少是诚实的。”

Carter concluded, "Meme coins are done for. There may be further launches and some success stories, but the trend is over."

卡特总结说：“模因硬币是为了进一步的推出和一些成功的故事，但趋势已经结束。”

"Retail investors will continue to be exploited, as many are not well-informed about the predatory nature of this sector. However, the constant string of scandals in the meme coin arena will deter discerning investors and eventually the general public," he added.

他补充说：“散户投资者将继续被利用，因为许多人对该行业的掠夺性质没有很好的信息。但是，模因硬币竞技场中不断的一系列丑闻将阻止敏锐的投资者，最终是公众。”

Uniswap Founder's Opinion

UNISWAP创始人的意见

"It has become evident that the so-called financial nihilists who claimed that meme coins possess stronger fundamentals than tokens backed by tangible projects were unequivocally mistaken," stated Uniswap founder Hayden Adams.

Uniswap创始人海顿·亚当斯（Hayden Adams）表示：“已经很明显的是，所谓的金融虚无主义者声称模因硬币具有比有形项目支持的代币更强大的基本面。”

Market Performance

市场表现

The decline in meme coins is evident in their market performance, with major tokens continuing to lose ground despite recent modest gains.

模因硬币的下降在其市场性能上很明显，尽管最近的收益较小，但主要令牌仍在继续失去立场。

The top five meme coins by market capitalization have all experienced significant losses from their all-time highs. Dogecoin (DOGE) has shed 65%, Shiba Inu (SHIB) has declined by 82%, PEPE has plummeted by 66%, TRUMP has fallen by 77%, and both BONK and FLOKI have lost 73% of their peak values.

市值的前五名模因硬币都因其历史高潮带来了巨大的损失。 Dogecoin（Doge）降低了65％，Shiba Inu（Shib）下降了82％，佩佩（Pepe）下降了66％，特朗普（Trump）下跌了77％，邦克（Bonk）和弗洛基（Floki）都失去了73％的峰值价值。

The Solana network, once a hub for minting and trading meme coins, has been the most significant casualty of this meltdown. SOL has reverted to its October price levels, losing over 40% in the past month as the meme coin craze subsides.

Solana网络曾经是用于铸造和交易模因硬币的枢纽，一直是这种崩溃中最重要的伤亡。 SOL已恢复到十月的价格水平，在过去一个月中，Meme Coin Craze消退了40％以上。