加密市场目前正在在线讨论发生明显转变，对成员而不是比特币的兴趣越来越大。

根据Analytics平台的关注，Meme提到的是自2025年初以来的最高水平，揭示了投资者中一种更具投机性的方法。

Crypto traders are now showing greater interest in memecoins than Bitcoin, according to the latest data from analytics platform Santiment.

根据Analytics Platform Santiment的最新数据，加密货币交易者现在比比特币表现出比比特币更大的兴趣。

The shift in online conversations comes as memecoin mentions reached their highest point since the beginning of 2025, highlighting a more speculative approach among investors.

随着Memecoin提到的2025年初的最高点，在线对话的转变是出现的，强调了投资者中更具投机性的方法。

Interest in memecoins outweighed Bitcoin mentions

对模因的兴趣超过比特币提及

According to a May 1 report by blockchain analytics platform Santiment, discussions around memecoins reached their highest point in 2025.

根据Blockchain Analytics Platform Santiment的5月1日报告，有关Memecoins的讨论在2025年达到了最高点。

The shift in investor attention follows the Trump administration’s imposition of tariffs, which had a noticeable impact on Bitcoin discussions, peaking two weeks ago. However, with the tariffs now a part of the past, attention has veered towards high-cap memes.

投资者关注的转变是在特朗普政府对关税征收的征收之后，这对比特币讨论产生了明显影响，两周前达到了顶峰。但是，由于关税现在是过去的一部分，注意力已转向高帽子模因。

“After Trump tariffs noticeably impacted Bitcoin discussion cycles two weeks ago, it seems like the focus has since pivoted to top-tier memecoins,” said Brian Quinlivan, marketing director at Santiment.

Santiment的市场总监Brian Quinlivan说：“在特朗普明显影响比特币讨论的情况下，两周前的讨论循环之后，此后的重点似乎已引起了顶级成员的关注。”

The broader crypto market has increased by 10% over the last eight days, while Bitcoin saw a smaller gain of 7%. The significant difference highlights a behavioral shift as investors now favor riskier assets in hopes of achieving higher returns.

在过去的八天中，更广泛的加密市场增长了10％，而比特币的增益较小7％。由于投资者现在有利于风险较高的资产，希望获得更高的回报，因此重大差异强调了行为的转变。

“Those investing in memecoins are adopting more of a gambling mindset than a calculated investment approach, which generally occurs when Bitcoin leads an initial rally and then begins moving sideways,” added Quinlivan.

Quinlivan补充说：“那些投资成员的人要采用的赌博思维方式，而不是一种计算出的投资方法，这通常是在比特币领导初始集会然后开始侧向移动的情况下发生的。”

Dogecoin leading the speculative movement

领导投机运动

Dogecoin stands out particularly in this trend with a notable increase in positive sentiment after a period of disinterest in April.

Dogecoin在这一趋势中尤其突出，在四月份不感兴趣后，积极的情绪显着增加。

This renewed enthusiasm coincides with the filing of several exchange-traded fund (ETF) requests based on Dogecoin in the United States.

这种新的热情恰逢美国基于Dogecoin在美国提出的几个交易所交易基金（ETF）的要求。

Despite the Securities and Exchange Commission postponing its decision regarding these ETFs until mid-June, anticipation remains strong among traders.

尽管证券交易委员会将其关于这些ETF的决定推迟到6月中旬，但交易者的预期仍然很强。

“DOGE’s social dominance has reached its highest level in nearly three months, largely driven by discussions surrounding potential Nasdaq ETF listings,” said Quinlivan.

昆利文说：“多吉的社会主导地位在近三个月内达到了最高水平，这在很大程度上是由围绕纳斯达克ETF列表的讨论进行的。”

The shift is also evident in trading volumes. PumpSwap, the decentralized exchange of the Pump.Fun platform, recorded $11 billion in transactions in April, a significant increase from $1.7 billion in March.

这种转变在交易量中也很明显。 PumpSwap是泵的分散交换。FUN平台，4月份的交易量为110亿美元，从3月份的17亿美元大幅增加。

Meanwhile, the monthly trading volume on Pump.Fun reached $3.3 billion in April.

同时，泵的每月交易量在4月达到33亿美元。