The Rise of Meme Cryptocurrencies

Meme 加密货币的兴起

The meme cryptocurrency phenomenon, which surged during the bull run of 2020-2021, has evolved into a significant trading category within the industry. Initially dominated by tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI, the period from 2023-2024 witnessed an influx of new meme cryptos.

迷因加密货币现象在 2020-2021 年牛市期间激增，已发展成为行业内的一个重要交易类别。最初由狗狗币 (DOGE)、柴犬 (SHIB) 和 FLOKI 等代币主导，2023 年至 2024 年期间见证了新模因加密货币的涌入。

Surge in New Meme Coins

新 Meme 币激增

A recent report attributed the proliferation of new meme coins in the past two years to increased accessibility through the deployment of ERC-20 tokens. This process has become more user-friendly, leading to a surge in the number of meme coins launched. In April 2024, CoinMarketCap registered 138 new meme coins, a significant increase from the 18 launched in April 2023.

最近的一份报告将过去两年新模因币的激增归因于通过部署 ERC-20 代币增加了可访问性。这个过程变得更加用户友好，导致推出的模因币数量激增。 2024 年 4 月，CoinMarketCap 注册了 138 个新 meme 币，比 2023 年 4 月推出的 18 个大幅增加。

Alternative Chains and New Standards

替代链和新标准

The high gas fees on the Ethereum blockchain have encouraged some meme coin activity to shift to alternative chains such as Solana. Other chains have also emerged as platforms for emerging cryptos, offering meme grant programs to incentivize development.

以太坊区块链上的高额汽油费鼓励一些 meme 币活动转向 Solana 等替代链。其他区块链也已成为新兴加密货币的平台，提供模因资助计划来激励发展。

While ERC-20 remains the dominant standard for fungible tokens, new standards like BRC-20 have emerged on different EVM chains. Additionally, standards such as BRC-721 and DN404 have introduced diversity in token types.

虽然 ERC-20 仍然是可替代代币的主导标准，但不同的 EVM 链上已经出现了 BRC-20 等新标准。此外，BRC-721 和 DN404 等标准引入了令牌类型的多样性。

The recent introduction of Runes on Bitcoin demonstrates the growing trend of meme cryptos expanding beyond Ethereum.

最近在比特币上引入符文表明了模因加密货币扩展到以太坊之外的增长趋势。

Challenges and Opportunities

挑战与机遇

With the proliferation of coins across multiple chains and standards, identifying the next potential breakout meme coin has become increasingly challenging. Many of these new meme coins are likely to fail, emphasizing the need for diversification for investors seeking exposure to this space.

随着代币跨多个链和标准的激增，识别下一个潜在的突破性模因代币变得越来越具有挑战性。许多新的模因代币可能会失败，这凸显了寻求涉足这一领域的投资者需要多元化。

Striking a balance between diversification and concentration is crucial. Limited diversification can expose investors to significant risks, while excessive diversification may dilute potential gains and increase the likelihood of errors.

在多元化和集中化之间取得平衡至关重要。有限的多元化可能会让投资者面临重大风险，而过度的多元化可能会稀释潜在收益并增加出错的可能性。

Market Overview

市场概况

The meme-based cryptocurrency market capitalization has experienced a slight increase over the past day, reaching $55.6 billion. Total 24-hour trading volume stands at $5.14 billion. Dogecoin (DOGE) has gained 12% in the past 7 days and is currently trading at an average price of $0.15.

基于 meme 的加密货币市值在过去一天小幅增长，​​达到 556 亿美元。 24小时总交易量为51.4亿美元。狗狗币（DOGE）在过去 7 天内上涨了 12%，目前交易均价为 0.15 美元。