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The euphoria surrounding meme coins appears to have waned. Of the ten worst-performing categories on CoinGecko, five are associated with meme cryptocurrencies. Notably, small-cap meme coins have experienced the most significant losses.

围绕迷因币的兴奋似乎已经减弱。在 CoinGecko 上表现最差的 10 个类别中，有 5 个与 meme 加密货币相关。值得注意的是，小盘米姆币遭受了最严重的损失。

Base and Solana Meme Coin Ecosystems Suffer Double-Digit Losses

Base 和 Solana Meme 币生态系统遭受两位数损失

In the past 24 hours, amid a general market downturn, meme-related coins have once again endured the most significant declines. Two ecosystems have exhibited the worst performance:

过去24小时，在市场普遍低迷的情况下，与meme相关的币种再次遭遇最大幅度的跌幅。两个生态系统表现最差：

• Meme coins on Base, Coinbase's L2 for Ethereum (ETH), have lost over 18% overnight. Image by CoinGecko
  The combined capitalization of the 38 largest Base meme coins has dropped to $142 million. Brett (BRETT) has plummeted by over 40%.
• Solana's (SOL) meme coin segment has shed 12.6% of its value. The net market capitalization of Solana-based meme cryptocurrencies now stands at approximately $1.67 billion.

Other underperformers include cat-themed meme coins and BRC-20 assets (some of which are also associated with memes).

Base（Coinbase 的以太坊 (ETH) L2）上的 Meme 币一夜之间下跌了 18% 以上。图片来源：CoinGecko 38 个最大的 Base meme 代币的总市值已降至 1.42 亿美元。 Brett (BRETT) 暴跌超过 40%。Solana (SOL) 的 meme 币价值已下跌 12.6%。基于 Solana 的 meme 加密货币的净市值目前约为 16.7 亿美元。其他表现不佳的资产包括以猫为主题的 meme 币和 BRC-20 资产（其中一些也与 meme 相关）。

• Cat coins have lost 8.8% of their value, while BRC-20 cryptocurrencies have declined by 8.7%.

Liquidations Surge in Meme Coin Markets

Cat 币价值下跌 8.8%，而 BRC-20 加密货币则下跌 8.7%。 Meme 币市场清算激增

The decline in meme coin values has triggered significant liquidations in futures markets. Dogecoin (DOGE), Dogwifhat (WIF), Bonk (BONK), and Pepe (PEPE) have been the most heavily impacted.

米姆币价值的下跌引发了期货市场的大规模清算。狗狗币 (DOGE)、Dogwifhat (WIF)、Bonk (BONK) 和 Pepe (PEPE) 受到的影响最为严重。

• Of the $150 million in liquidations over the past 24 hours, the three largest meme coins account for $8.5 million.
• Over 80% of these liquidations were long positions.

The total crypto market capitalization has decreased by 2% during this period.

在过去 24 小时内的 1.5 亿美元清算中，三大 meme 币占 850 万美元。这些清算中超过 80% 是多头头寸。在此期间，加密货币总市值下降了 2%。