基本（BTC）刚刚看到新令牌激增，Zora（硬币）是为什么

基础上的新代币创建只会达到新的每日，每周和每月的历史最高点！上周推出了超过23.9万个令牌。

Today’s edition is brought to you by Avalanche Summit – a premier crypto event showcasing the latest developments and key announcements from Avalanche.

今天的版本由Avalanche Summit带给您 - 这是一项主要的加密赛事，展示了Avalanche的最新发展和关键公告。

Buy tickets for the Avalanche Summit happening in London

在伦敦购买雪崩峰会的门票

GM. This is Milk Road, the newsletter that's the Iceman to your Maverick in the world of crypto.

通用这是米尔克路（Milk Road），这是您在加密世界中特立独行的冰人的通讯。

(We’ll be your wingman.)

（我们将成为您的边锋。）

Here’s what we got for you today:

这是我们今天为您提供的：

✍️ Base just saw a surge in new tokens

✍️基地刚刚看到新令牌激增

✍️ 3 takeaways from 72 crypto ETF filings

✍️3来自72个加密ETF文件的3个

🥛 Milk Road PRO Portfolio updates

🥛牛奶路专业投资组合更新

🎙️ The Milk Road Show: Did BASE Rug Everyone? Plus Is Crypto Legislation Moving Too Fast?

🎙️牛奶路展：大家都为地毯倒置吗？加密立法的行动太快了吗？

🍪 Will a new SEC be good for crypto?

🍪新的SEC对加密货币有好处吗？

Prices as of 2:00 PM ET. Click here for our Fear & Greed Index.

价格截至美国东部时间下午2:00。单击此处以获取我们的恐惧和贪婪索引。

WHY BASE SAW A SURGE IN NEW TOKENS LAST WEEK 📈

为什么Base上周看到新令牌激增📈

New token creation on Base just hit new daily, weekly, and monthly ALL-TIME HIGHS!

基础上的新代币创建只会达到新的每日，每周和每月的历史最高点！

Over 239k tokens were launched just last week. 👇

上周推出了超过23.9万个令牌。 👇

Source: Blockworks Research

资料来源：Blockworks研究

…but the market is in the toilet.

…但是市场在厕所里。

So HOW is this happening?

那么这是怎么回事呢？

In a word: Zora.

一词：佐拉。

Lemme toggle the previous chart to show you where most of this new token flow is coming from. 👇

Lemme切换上图表，向您展示此新令牌流的大部分来自哪里。 👇

Source: Blockworks Research

资料来源：Blockworks研究

Yuh. Zora (a portfolio company of Coinbase Ventures) is printing new tokens like there’s no tomorrow.

是的。 Zora（Coinbase Ventures的投资组合公司）正在印刷新令牌，就像没有明天一样。

Zora = onchain Instagram.

Zora = OnChain Instagram。

You post content to the feed → Zora mints a token representing that post → instead of ‘liking’ a post, users will buy its token.

您将内容发布到feed→Zora Mints一个代表该帖子→而不是“喜欢”帖子的代币，用户将购买其令牌。

And last week, Zora was used to launch the “Base is for everyone” memecoin (which blew up).

上周，佐拉（Zora）被用来推出“为每个人的基础”（Buess for for Allose）（炸毁）。

Our armchair analysis of what happened here (with timelines):

我们对这里发生的事情（与时间表有关）的扶手椅分析：

Apr 16: Base posts “Base is for everyone” image on Zora (minting a token alongside it)

4月16日：Zora上的“基础是每个人的基础”图像

Apr 17: “Base is for everyone” token pumps from $0 to $20M+ in market cap overnight

4月17日：“基础是每个人”

Apr 18-19: a slew of people decide to try their hand at launching tokens via Zora

4月18日至19日：许多人决定尝试通过Zora启动令牌

Apr 20: Zora announced the coming launch / airdrop of the $ZORA token

4月20日：Zora宣布了$ Zora代币的即将到来的发布 /空投

Apr 21-22: even more people use Zora in an attempt to qualify for the airdrop

4月21日至22日：越来越多的人使用Zora试图获得空投资格

Here’s the math on that:

这是数学：

A whooole bunch of attention + a heavy dose of financial incentives = everyone launching tokens on Zora/Base over the past week or so.

在过去的一周左右的时间里，一个人的注意力集 +大量的财务激励措施=每个在Zora/Base上发射令牌的人。

Now, if you’ve been following the story on X/Twitter, you’ll know there are a WHOLE lot more questions around all of this…

现在，如果您一直在X/Twitter上关注这个故事，您会知道所有这些都有更多的问题……

(E.g. Was “Base is for everyone” a pump n’ dump orchestrated by Base? Were Coinbase Ventures trying to boost interest in Zora ahead of its token launch? Etc.)

（例如，“基础是每个人的基础”，由基地精心策划的泵N'DUMP吗？

Which is why we just sat down with Laura Shin, host of the Unchained Podcast, to dig deeper on Zora and the “Base is for everyone” debacle, on today’s episode of The Milk Road Show!

这就是为什么我们只是与未链接的播客的主持人劳拉·辛（Laura Shin）坐下来，在今天的《牛奶路》（Milk Road Show）剧集上，对Zora进行更深入的挖掘和“基础是每个人的基础”崩溃！

Check it out below! 👇

在下面查看！ 👇

YouTube | Spotify | Apple Podcasts

YouTube | Spotify |苹果播客

EXCITING TIMES COMING UP FOR AVALANCHE

雪崩的激动人心的时刻

Last year, we hit up Solana Breakpoint and saw some seriously impressive product announcements.

去年，我们遇到了Solana断点，并看到了一些令人印象深刻的产品公告。

Big announcements = hype around the ecosystem

大公告=生态系统周围的炒作

Well, we're looking forward to even more excitement and energy coming up at Avalanche Summit London.

好吧，我们期待在伦敦的雪崩峰会上激发更多的兴奋和精力。

On top of massive announcements, Avalanche Summit has also got a killer line up of speakers:

除了大规模的公告外，雪崩峰会还获得了演讲者的杀手级阵容：

Big crypto voices like Anthony ‘Pomp’ Pompliano

大加密声音，例如Anthony'Pomp'Pompomphiano

Serious DeFi builders like Stani (Founder of Aave)

像Stani（Aave的创始人）这样的严重Defi建筑商

Massive crypto institutions such as VanEck and WisdomTree

诸如Vaneck和WisdomTree等大型加密机构

If you want real-time alpha and front-row access to Avalanche's next chapter, Avalanche Summit is the place to be. 🤝

如果您想要实时的Alpha和前排访问Avalanche的下一章，那么Avalanche Summit就是一个地方。 🤝

Buy tickets for the Avalanche Summit happening in London

在伦敦购买雪崩峰会的门票

3 TAKEAWAYS FROM 72 CRYPTO-RELATED ETF FILINGS 👀

3个从72个与加密相关的ETF归档的收获

The further you read down this list, the WILDER it gets!

您阅读此列表的越远，它会得到它！

There are now 72 crypto-related ETF filings waiting for approval from the SEC, making for one helluva cramped list. 👇

现在有72个与加密相关的ETF文件等待SEC的批准，这使Helluva局促。 👇

Source: @EricBalchunas

资料来源：@ericbalchunas

Don’t worry – we squinted real hard at this image, so you don’t have to!

不用担心 - 我们对此图像非常刻薄，所以您不必！

Here are three things you will have missed at first glance:

乍一看，这是您会错过的三件事：

1/ Ripple and Solana lead the pack

1/ Ripple和Solana领先

Right now there are 18 applications for ETFs including $XRP and 17 applications for ETFs that include $SOL – giving both tokens a solid lead over the remaining top 5. 👀

目前，有18个用于ETF的应用程序，包括$ XRP和17个包括$ SOL的ETF应用程序 - 使两个令牌都在其余前5名中具有可靠的潜在客户。

Source: @EricBalchunas

资料来源：@ericbalchunas

2/ Crypto degeneracy is coming to TradFi

2/加密退化即将到达tradfi

There are applications for $DOGE, $PENGU, $TRUMP, $MELANIA,

有$ doge的申请，$ pengu，$ trump，$ melania，