Meme Coin生態系統正在迅速擴展，Raydium的LaunchLab和Bonk的Letsbonk等新的啟動平台

Meme Coin生態系統正在迅速擴展，Raydium的LaunchLab和Bonk的Letsbonk等新的啟動平台

The meme coin ecosystem is expanding rapidly, with new launch platforms like Raydium’s LaunchLab and Bonk’s LetsBonk adding to Pump.fun’s established presence.

Meme Coin生態系統正在迅速擴展，Raydium的LaunchLab和Bonk的Letsbonk等新的發射平台添加了Pump.Fun的既定存在。

As the number of launchpads increases, so does the volume of meme coins entering the market.

隨著發射台的數量的增加，進入市場的模因硬幣的數量也隨之增加。

With an industry already saturated with many different projects, drawing the line is becoming increasingly difficult. The surge in meme coin projects also elevates the probability of scams. Representatives from CoinGecko, Space ID, and Neiro told BeInCrypto that this increased flurry of meme coins carries risks like pump-and-dump schemes and rug pulls, which are closely associated with the market’s speculative nature.

隨著一個已經充滿了許多不同項目的行業，繪畫線條變得越來越困難。模因硬幣項目的激增也提高了騙局的可能性。 Coingecko，Space ID和Neiro的代表告訴Beincrypto，Meme Coins的增加具有風險，例如泵送和沈降計劃和地毯拉力，這與市場的投機性質密切相關。

The meme coin sector has historically prioritized quantity over quality, reflecting modern market dynamics where attention is transient. Many coins capitalize on short-lived trends, sacrificing depth for immediacy. Launchpads amplify this tendency by streamlining token creation, resulting in many projects, most of which lack staying power.

模因硬幣部門歷來將數量優先於質量，反映了關注的現代市場動態。許多人的硬幣利用了短暫的趨勢，為即時犧牲了深度。發射台通過簡化代幣創建來擴大這種趨勢，從而導致許多項目，其中大多數缺乏持久力。

The meme coin launchpads are also integrating accessible technologies like Web3 antifラグチェーン and smart contracts, which can be misused for malicious purposes due to the lack of federal regulation.

Meme Coin發射台還集成了可訪問的技術，例如Web3 Antifラグチェーン和智能合約，由於缺乏聯邦法規，可能會出於惡意目的而濫用。

The pressing issue at hand is that no comprehensive, specific regulatory framework exists for the meme coin industry, creating an environment where pump-and-dump schemes and rug pulls remain prevalent.

手頭的緊迫問題是，模因硬幣行業沒有全面的，具體的監管框架，創造了一個環境，在該環境中，泵送泵送計劃和地毯拉力仍然很普遍。

In February, the U.S. Securities and Exchange Commission (SEC) issued a statement indicating that typical meme coin transactions are not considered securities. This classification means that investors in these specific assets are generally not afforded the protections of federal securities law.

2月，美國證券交易委員會（SEC）發表了一份聲明，表明典型的模因硬幣交易不被視為證券。此分類意味著，這些特定資產中的投資者通常無法提供聯邦證券法的保護。

With no regulation in sight, the responsibility falls on the launchpads to take action or traders decide to get smart with their investment decisions.

由於看不到法規，發射台的責任承擔了採取行動，否則交易者決定通過其投資決策變得聰明。

New meme coin launchpads are rolling out

新的模因硬幣發射台正在推出

If one meme coin launchpad didn’t seem like enough, now there’s a handful to choose from.

如果一個模因硬幣啟動板似乎還不夠，那麼現在有幾個可供選擇。

Pump.fun was the first in the meme coin industry to revolutionize token launches by democratizing access. The platform allows anyone to launch their own meme coin practically for free and in seconds.

Pump.Fun是Meme硬幣行業中第一個通過使訪問民主化來徹底改變代幣發射的人。該平台允許任何人幾乎在幾秒鐘內免費啟動自己的模因硬幣。

But now, it faces competition. Raydium released LaunchLab, Bonk’s LetsBonk has already given Pump.fun a reason to sweat over, while Believe and CMC Launch are also making waves. Since then, the meme coin native has lost its stronghold in the industry.

但是現在，它面臨競爭。 Raydium發布了Bonk's Letsbonk的Launchlab，已經給了泵。 FUN有理由出汗，而CMC和CMC發射也引起了轟動。從那以後，模因硬幣本地人在該行業中失去了據點。

More alarming than Pump.fun’s dwindling performance is the never-ending wave of meme coin launches. This trend has significant implications for an already unregulated industry, costing most retail investors extensive losses.

比泵更令人震驚。 FUN的衰落表現是無休止的模因硬幣的浪潮。這種趨勢對已經不受監管的行業產生了重大影響，使大多數散戶投資者造成了巨大的損失。

Does accessibility equal sustainability?

可訪問性等於可持續性嗎？

When Pump.fun was first launched, it introduced a concept never seen before in the crypto industry. The idea was simple: if you want to launch your own meme coin, you can do so practically for free and in seconds.

當Pump.Fun首次推出時，它引入了一個從未見過的概念。這個想法很簡單：如果您想啟動自己的模因硬幣，則可以在幾秒鐘內免費進行。

“The accessibility of meme coin launchpads drives both innovation and speculation, with each reinforcing the other. Speculation fuels market activity, drawing capital and participants who create a competitive environment. This pressure compels creators to innovate, developing compelling narratives, community-driven models, or unique token structures that resonate culturally or socially,” S, Neiro’s pseudonymous Community Lead, explained.

“The accessibility of meme coin launchpads drives both innovation and speculation, with each reinforcing the other. Speculation fuels market activity, drawing capital and participants who create a competitive environment. This pressure compels creators to innovate, developing compelling narratives, community-driven models, or unique token structures that resonate culturally or socially,” S, Neiro's pseudonymous Community Lead, explained.

But when a sea of meme coins turns into a tsunami, finding projects with actual utility becomes an increasingly larger feat.

但是，當一堆模因硬幣變成海嘯時，找到實際效用的項目就會變得越來越大。

“While it is generally accepted that meme coins don’t need any sort of utility as they are seen as projects that people can identify with or ‘vibe’ with, the sheer number of them being launched does draw liquidity away from projects with products or use cases,” Shaun Lee, Research Analyst at CoinGecko, stated.

“雖然人們普遍認為，模因硬幣不需要任何類型的效用，因為它們被視為人們可以認同或'vibe'的項目，但它們的龐大數量確實會吸引使用產品或用例的項目，” Coingecko的研​​究分析師Shaun Lee，Coingecko的研​​究分析師說。

This has already begun to affect meme coins that have leveraged their strong community backing to survive past market downturns.

這已經開始影響模因硬幣，這些硬幣利用了強大的社區支持，以在過去的市場下滑中生存。

“Unfortunately, the flood of thousands of new meme coins into the market has affected established meme coins such as DOGE and SHIB. These coins have faced brand dilution and, with liquidity being spread thin, have been unable to break their all-time highs from the 2021 bull cycle,” Lee added.

Lee補充說：“不幸的是，成千上萬的新模因硬幣湧入市場，影響了既定的模因硬幣，例如Doge和Shib。這些硬幣已經面臨品牌稀釋，並且由於流動性稀疏，因此無法從2021年的Bull Cycle中打破其歷史最高點。”

To make matters worse, this added layer of speculation in an already volatile industry significantly increases the risk of scams.

更糟糕的是，本來已經波動的行業中增加的投機層顯著增加了騙局的風險。

A recent Solidus Labs report revealed a significant scale of fraudulent activities on Solana. According to the findings, approximately 98.7% of tokens on Pump.fun and 93% of liquidity pools on Raydium exhibited characteristics of pump-and-dump schemes or rug pulls.

最近的一份Solidus Labs報告顯示，有關Solana的欺詐活動很大。根據調查結果，泵浦的泵上約有98.7％的令牌和93％的流動性池表現出泵送和降低計劃或地毯拉力的特徵。

This means that many token launches are done solely to take advantage of the market’s casino-like nature.

這意味著許多代幣的發布僅是為了利用市場的賭場般的性質。

“It’s certainly very concerning. Meme coin launchpads capitalize on human greed and FOMO, which makes them the perfect place to launch pump-and-dump schemes, even if that’s not their original intention,” Alice Shikova, Marketing Lead at Space ID, said.

“這肯定非常令人擔憂。MemeCoin Launchpads資本利用了人類的貪婪和FOMO，這使它們成為啟動泵和降低計劃的理想場所，即使這不是他們的最初意圖，” Space ID的市場負責人Alice Shikova說。

Since thousands of coins are launched daily, many of which become scams, most of these projects typically end up defunct. The data on this phenomenon are staggering.

由於每天發射成千上萬的硬幣，其中許多硬幣變成騙局，因此大多數項目通常最終被停用。有關這種現象的數據令人驚訝。

A recent

最近