模因的诞生

这是互联网文化符合经济心理学的地方，而传统的“理性投资”概念被抛在窗外

Let’s face it—finance has never been this entertaining. For decades, the world of investing was boxed in by terms like “market fundamentals,” “price-to-earnings ratios,” and “diversification strategies.” Then came meme coins—Dogecoin, Shiba Inu, PEPE—and they tore that box apart with a rocket emoji and a one-way ticket to the moon. But what’s really going on beneath the surface of this new wave of asset speculation?

让我们面对现实吧 - 金融从来都不是这种娱乐性。几十年来，投资世界一直由“市场基本面”，“市盈率”和“多元化策略”等术语包装。然后是模因硬币（dogecoin，shiba inu，pepe），然后用火箭表情符号和单程通往月球的票撕裂了那个盒子。但是，在这一新资产猜测的表面下，实际发生了什么？

Welcome to the world of Memeonomics. It’s where internet culture meets economic psychology, and where the traditional concept of “rational investing” is tossed out the window in favor of a community-driven, highly volatile, and deeply psychological journey through risk.

欢迎来到纪念世界。这是互联网文化符合经济心理学的地方，而传统的“理性投资”概念被抛弃了，倾向于以社区为导向的，高度动荡，高度易变的心理旅程。

To understand meme coins, you have to understand the internet—and human nature.

要了解模因硬币，您必须了解互联网和人性。

Dogecoin started as a joke in 2013. Its logo was a Shiba Inu dog with Comic Sans text. There was no whitepaper, no team of Stanford grads pitching venture capitalists. Just vibes. And yet, Dogecoin went on to reach a market cap of over $80 billion in 2021. The punchline? The joke was on traditional finance.

Dogecoin最初是在2013年开玩笑的。它的徽标是带有漫画文字的shiba Inu狗。没有白皮书，没有斯坦福大学毕业生的团队投向风险投资家。只是共鸣。然而，Dogecoin在2021年继续达到超过800亿美元的市值。这个笑话是关于传统金融的。

The psychology behind meme coins is rooted in social validation and crowd behavior. When Reddit threads blow up and Elon Musk tweets rocket emojis, FOMO (Fear of Missing Out) becomes a powerful economic force. It’s not just about profits—it’s about belonging to something larger than yourself. A movement. A digital rebellion.

模因硬币背后的心理学源于社会验证和人群行为。当Reddit Threads爆炸并Elon Musk推文火箭表情符号时，Fomo（害怕失踪）成为强大的经济力量。这不仅仅是利润，而是属于比自己更大的东西。运动。数字叛乱。

Let’s be real—buying meme coins isn’t like investing in index funds. It’s more like spinning a roulette wheel or betting on a wildcard poker hand. There’s risk, there’s drama, and there’s the promise of instant rewards. That’s why many compare trading meme coins to gambling.

让我们成为现实的 - 买模因硬币并不像投资指数基金。这更像是旋转轮盘赌或在通配符扑克手上下注。有风险，有戏剧性，并且有即时奖励的希望。这就是为什么许多人将交易模因硬币与赌博进行比较的原因。

Take PEPE coin, for example. It surged over 2000% within weeks of launching, driven entirely by hype and memes, not tech. No utility, no roadmap, just vibes. Investors (if we can call them that) weren’t looking at balance sheets—they were watching TikToks, checking Telegram groups, and riding the meme wave.

以Pepe硬币为例。它在发布后的几周内完全由炒作和模因，而不是技术驱动。没有公用事业，没有路线图，只是共鸣。投资者（如果我们能称呼他们为此）并不是在看资产负债表 - 他们正在观看Tiktoks，检查电报组并骑马浪潮。

This high-stakes, high-reward energy is virtually identical to what you find in the online gambling world. Platforms like Razed, which operate on crypto, mirror this experience almost perfectly. Users don’t just gamble—they play. And just like meme coins, the entire experience is gamified.

这种高风险的高奖励能量实际上与您在在线赌博世界中发现的相同。在加密货币上运行的Razed之类的平台几乎完美地反映了这种体验。用户不只是赌博 - 他们玩。就像Meme硬币一样，整个体验都被游戏化了。

One of the biggest psychological pulls of meme coins is gamification. You’re not just buying an asset—you’re leveling up. It’s the same dopamine loop seen in mobile games and slot machines: risk, suspense, reward.

模因硬币的最大心理吸引力之一是游戏化。您不仅要购买资产，还可以升级。这是在手机游戏和老虎机中看到的多巴胺循环：风险，悬念，奖励。

Trading meme coins offers users a rollercoaster of emotions. You’re refreshing CoinMarketCap every five minutes, you’re deep in Discord chats analyzing candle patterns that mean absolutely nothing, and you’re hoping the next tweet from a billionaire will send your portfolio sky-high.

交易模因硬币为用户提供了情绪过山车。您每五分钟都会刷新一次CoinMarketCap，在分析绝对没有意义的蜡烛图案中，您深入聊天，您希望亿万富翁的下一条推文能使您的投资组合Sky-High发送。

This behavioral loop is eerily similar to the experience of playing at a crypto casino. You deposit a few tokens, maybe Bitcoin or Ethereum, and you spin the digital reels. There’s anticipation, exhilaration, and yes—sometimes regret. But above all, there’s entertainment. And entertainment is a currency of its own in the meme coin economy.

这个行为循环与在加密赌场玩游戏的经历非常相似。您存放一些令牌，也许是比特币或以太坊，然后旋转数字卷轴。有期待，令人振奋，是的，有时后悔。但最重要的是，有娱乐。娱乐是在模因硬币经济中的一种货币。

While most traditional assets are evaluated based on fundamentals, meme coins rely on community strength. If enough people believe in it—or more accurately, if enough people believe others will believe in it—it can gain value.

尽管大多数传统资产是根据基本面评估的，但模因硬币依赖社区实力。如果有足够的人相信它，或者更准确地说，如果有足够的人相信别人会相信它，它就会获得价值。

Reddit, Twitter (X), Telegram, TikTok—these platforms are the new Wall Street floors for meme investors. It’s a game of narratives, memes, and movements. And that’s not necessarily a bad thing.

Reddit，Twitter（X），Telegram，Tiktok - 这些平台是Meme Investors的新平台。这是叙事，模因和动作的游戏。这不一定是一件坏事。

Look at how GameStop stock was memed into relevance. It’s proof that collective action, even fueled by humor and irony, can have very real market consequences.

查看GameStop股票如何被记住。可以证明，即使是受幽默和讽刺的推动，集体行动也会带来非常真实的市场后果。

This is the million-dollar question (or billion, depending on the day). Meme coins are notoriously volatile. The same crowd that pushes them to the moon can just as quickly move on to the next trend, leaving late adopters holding the bag.

这是百万美元的问题（或十亿美元，取决于一天）。模因硬币众所周知。将他们推向月球的同一群人可以迅速发展到下一个趋势，使已故的采用者拿着袋子。

But that doesn’t mean they’re going away. Like gambling, meme coins fulfill a psychological need. They offer an escape, a fantasy, and a shot at glory. They tap into the same risk-reward systems that casinos have leveraged for centuries.

但这并不意味着他们要走了。像赌博一样，模因硬币满足了心理需求。他们提供了逃脱，幻想和荣耀的镜头。他们利用赌场杠杆数百年来的风险回报系统。

Even major exchanges like Binance and Coinbase have begun listing meme coins, not because they believe in their fundamentals, but because they understand their audience.

甚至像Binance和Coinbase这样的主要交易所也开始列出模因硬币，并不是因为他们相信自己的基本面，而是因为他们了解听众。

And that brings us to a broader truth: the future of finance isn’t just about returns—it’s about experience.

这使我们成为一个更广泛的事实：财务的未来不仅仅是回报，而是关于经验。

Whether you’re tossing Dogecoin into your wallet or betting ETH on SpinBet’s roulette wheel, the core experience is the same: calculated risk, emotional thrill, and social belonging.

无论您是将Dogecoin扔进钱包还是在Spinbet的轮盘赌上下注，核心体验都是相同的：计算出的风险，情感刺激和社会归属感。

Memeonomics shows

记忆力学显示