PEPE 代幣在 2024 年初繼續呈上升趨勢

比特幣價格穩定在6萬美元左右，在加密貨幣市場的主導地位達到57.4%。這種日益增長的主導地位正在影響山寨幣季節的預期增長。

Bitcoin’s price continues to hover around the $60,000 mark, with its dominance in the cryptocurrency market reaching 57.4%. However, the anticipated rise of altcoin season seems to be delayed. According to Glassnode lead analyst James Check, the surge of memecoins is to blame, calling them the “silent killer” of the altcoin market.

比特幣價格持續徘徊在6萬美元大關附近，在加密貨幣市場的主導地位達到57.4%。然而，預期的山寨幣季節似乎被推遲了。 Glassnode 首席分析師 James Check 認為，迷因幣的激增是罪魁禍首，稱它們是山寨幣市場的「無聲殺手」。

During a recent appearance on the Rough Consensus podcast, Check highlighted that investments are being directed towards memecoins like Dogecoin, Shiba Inu, and PEPE. This trend is pulling a significant amount of capital away from more established assets, such as Ethereum, Solana, and Ripple’s XRP. Check estimated that 50-60 cents of every dollar that has been invested in memecoins could have instead been invested in traditional cryptocurrencies.

Check 最近在 Rough Consensus 播客上露面時強調，投資正轉向狗狗幣、柴犬和 PEPE 等模因幣。這一趨勢正在從以太坊、Solana 和 Ripple 的 XRP 等更成熟的資產中抽走大量資金。 Check 估計，投資 memecoin 的每一美元中，有 50-60 美分本可以投資於傳統加密貨幣。

As a result, the money being pumped into memecoins leaves little room for investment in other altcoins. With capital flowing into these new, hot assets, existing cryptocurrencies will have fewer investment opportunities.

因此，投入模因幣的資金幾乎沒有給其他山寨幣留下投資空間。隨著資本流入這些新的熱門資產，現有的加密貨幣的投資機會將會減少。

PEPE Token Continues Upward Trend in Early 2024

PEPE 代幣在 2024 年初繼續呈上升趨勢

While the 2021 bull run saw memecoins picking up steam towards the end of the market cycle, current trends show that they are being embraced at the beginning. As memecoins gain popularity, traders are putting in large sums of money to try and profit from these coins.

雖然 2021 年的牛市見證了 memecoin 在市場週期結束時的強勁勢頭，但目前的趨勢表明它們在一開始就受到了歡迎。隨著模因幣越來越受歡迎，交易者投入大量資金試圖從這些幣中獲利。

One example is the PEPE token, which has seen an upward trend in the first half of 2024. On May 15, the trader generated $46 million from an initial investment of $3,000, recording a return of 15,718 times. However, Check noted that there was low trading volume in other parts of the market, with many traders only trading memecoins like PEPE.

一個例子是PEPE代幣，該代幣在2024年上半年出現了上漲趨勢。然而，Check 指出，市場其他部分的交易量較低，許多交易者只交易 PEPE 等迷因幣。

According to Check, this trend picked up after the approval of spot Bitcoin exchange-traded funds (ETFs) on January 10, with traders using the Bitcoin price rally as an opportunity to invest in risky memecoins. Despite the soaring prices of memecoins like PEPE and Dogwifhat (WIF), Check observed a period where market activity was noticeably sparse, suggesting that traders largely avoided or neglected other potential investment opportunities.

據 Check 稱，這一趨勢在 1 月 10 日比特幣現貨交易所交易基金 (ETF) 獲得批准後有所回升，交易者利用比特幣價格上漲作為投資高風險模因幣的機會。儘管 PEPE 和 Dogwifhat (WIF) 等模因幣的價格不斷飆升，但 Check 觀察到一段時期市場活動明顯稀疏，這表明交易者在很大程度上迴避或忽視了其他潛在的投資機會。

Analysts View Altcoin Decline as Bullish Signal

分析師將山寨幣下跌視為看漲訊號

On the other hand, some traders and analysts are viewing the current altcoin price decline and low trading volumes as bullish signals. According to Luke Martin, a crypto trader, it is the perfect time to buy altcoins. Martin noted that the last time such a situation occurred was with Bitcoin in the summer of 2020, when the price experienced a steep climb from $10,000 to $60,000 over six months after a similar downturn in trading activity.

另一方面，一些交易員和分析師將當前山寨幣價格下跌和交易量低視為看漲訊號。加密貨幣交易員盧克馬丁表示，現在是購買山寨幣的最佳時機。馬丁指出，比特幣上一次出現這種情況是在 2020 年夏天，當時比特幣的價格在經歷了類似的交易活動低迷後的六個月內從 10,000 美元急劇攀升至 60,000 美元。

Altcoins currently at the "sell your house to buy more" level.

山寨幣目前處於「賣掉你的房子買更多」的水平。

Last time $BTC was at this level was exactly 4 years ago in the summer of 2020 when price went vertical from 10k to 60k over the next 6 months.

BTC 上次達到這個水平是在 4 年前的 2020 年夏天，當時價格在接下來的 6 個月裡從 10k 垂直上漲到 60k。

h/t @CryptoKoryo pic.twitter.com/vwaGkGE1FA

h/t @CryptoKoryo pic.twitter.com/vwaGkGE1FA

— Luke Martin (@VentureCoinist) August 27, 2024

— 盧克馬丁 (@VentureCoinist) 2024 年 8 月 27 日

According to Martin, altcoins are currently at a crossroads, and buying at these levels could lead to large returns soon. He noted that Bitcoin rose from $10,000 to $60,000 within six months after experiencing low trading volumes for a similar duration.

馬丁表示，山寨幣目前正處於十字路口，在這些水平上購買可能很快就會帶來巨額回報。他指出，在經歷了類似持續時間的低交易量後，比特幣在六個月內從 1 萬美元漲至 6 萬美元。