Memecoin Decline and Market Volatility

Memecoin 下跌和市场波动

The cryptocurrency market continues to experience a prolonged bearish phase, with major cryptocurrencies and altcoins suffering significant declines. Despite increased trading volume, memecoins have been particularly affected, facing sharp decreases in value.

加密货币市场继续经历长期的看跌阶段，主要加密货币和山寨币大幅下跌。尽管交易量有所增加，但模因币受到的影响尤其严重，面临着价值的急剧下降。

Memecoin Value Losses

Memecoin 价值损失

Over the past year, the top 10 memecoins have lost an average of 63.73% from their peak values. Dogecoin (DOGE) has declined by 57.93%, Shiba Inu (SHIB) by 70.86%, and other memecoins have experienced similar drops.

过去一年，排名前 10 位的 memecoin 较峰值平均下跌 63.73%。狗狗币（DOGE）下跌了 57.93%，柴犬币（SHIB）下跌了 70.86%，其他 memecoin 也经历了类似的下跌。

Trading Activity and Market Capitalization

交易活动和市值

While trading volume has surged by 68% in the past 24 hours, the overall memecoin market capitalization has dropped by 5%. This indicates a disconnect between trading activity and the actual value of memecoins.

虽然过去 24 小时内交易量激增 68%，但 memecoin 的整体市值却下降了 5%。这表明交易活动与模因币的实际价值之间存在脱节。

Near-Term Outlook

近期展望

Analysts believe that memecoins may take time to recover as market conditions remain challenging. The road ahead appears difficult, with short-term gains likely to be elusive.

分析师认为，由于市场状况仍然充满挑战，模因币可能需要一段时间才能恢复。前面的道路似乎很艰难，短期收益可能难以捉摸。