(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

The Downfall of Meme Coins Like Dogecoin: Three Reasons for Their Demise

像狗狗币这样的 Meme 币的没落：它们消亡的三个原因

As of December 16, 2024, 6:00 PM, Dogecoin (DOGE) is trading at $0.40150829491976. The 24-hour trading volume for DOGE stands at $3,060,496,583.7631. In the past 24 hours, Dogecoin has experienced a price increase of 0.56860072%.

截至 2024 年 12 月 16 日下午 6:00，狗狗币 (DOGE) 的交易价格为 0.40150829491976 美元。 DOGE 的 24 小时交易量为 3,060,496,583.7631 美元。在过去的24小时内，狗狗币的价格上涨了0.56860072%。

Circulating Supply: 147,222,366,383.71

流通量：147,222,366,383.71

Maximum Supply: Unlimited

最大供应量：无限制

Total Supply: 147,222,366,383.71

总供应量：147,222,366,383.71

Market Capitalization: $59,111,001,300.774

市值：59,111,001,300.774 美元

The cryptocurrency market has witnessed an unprecedented surge in the popularity of meme coins in recent years, with Dogecoin emerging as one of the most prominent. However, recent developments have raised concerns about the long-term viability of these assets, leading to a significant decline in their value.

近年来，加密货币市场见证了模因币的受欢迎程度空前飙升，其中狗狗币成为其中最突出的一种。然而，最近的事态发展引发了人们对这些资产的长期生存能力的担忧，导致其价值大幅下跌。

Three Major Factors Contributing to the Downfall of Meme Coins:

导致 Meme 币衰落的三个主要因素：

1. Lack of Fundamental Value:

1. 缺乏基本价值：

Unlike traditional cryptocurrencies like Bitcoin, which derive their value from their underlying blockchain technology and utility, meme coins like Dogecoin often lack any intrinsic value. Their value is primarily driven by speculation and hype, which can quickly dissipate, resulting in sharp price fluctuations.

与比特币等传统加密货币不同，比特币的价值源自其底层区块链技术和实用性，而狗狗币等模因币通常缺乏任何内在价值。它们的价值主要是由投机和炒作驱动的，这些炒作和炒作可能会很快消散，导致价格剧烈波动。

2. Oversupply and Inflationary Pressure:

2. 供给过剩和通胀压力：

Meme coins like Dogecoin have a high supply cap or, in some cases, an unlimited supply. This excessive supply can create inflationary pressure, reducing the scarcity and value of the coin over time. As more coins are released into circulation, each individual coin becomes less valuable, making it difficult to maintain a stable price.

像狗狗币这样的模因币有很高的供应上限，或者在某些情况下，供应量是无限的。这种过度供应会造成通货膨胀压力，随着时间的推移，会降低代币的稀缺性和价值。随着越来越多的硬币投入流通，每枚硬币的价值都会降低，从而难以维持稳定的价格。

3. Loss of Speculative Interest:

3. 投机兴趣的丧失：

The success of meme coins largely depends on the attention and speculative interest they garner from retail investors. However, as the hype surrounding these assets wanes, investors may lose interest and withdraw their support. This can lead to a sell-off, further driving down prices.

模因币的成功很大程度上取决于它们从散户投资者那里获得的关注和投机兴趣。然而，随着围绕这些资产的炒作减弱，投资者可能会失去兴趣并撤回支持。这可能会导致抛售，进一步压低价格。

Conclusion:

结论：

While meme coins like Dogecoin may have provided entertainment and temporary gains for some investors, their long-term viability appears to be questionable due to their lack of fundamental value, excessive supply, and dependence on speculative interest. As the cryptocurrency market matures, investors are likely to prioritize assets with stronger foundations and real-world applications, leaving meme coins vulnerable to further decline.

虽然狗狗币等模因币可能为一些投资者提供了娱乐和暂时收益，但由于缺乏基本价值、供应过剩以及对投机兴趣的依赖，其长期生存能力似乎值得怀疑。随着加密货币市场的成熟，投资者可能会优先考虑具有更强大基础和现实世界应用的资产，从而使模因币容易进一步下跌。