当JLP看到主要出口时，Fartcoin主导流入

Memecoin市场显示出明显的净流入趋势，这揭示了投资者对我们称为Memecoins的几个令牌的信心或兴趣。

The memecoin market showed a clear trend of net inflows, which reveals investor confidence or interest in several of the tokens we would call memecoins.

Memecoin市场显示出明显的净流入趋势，这揭示了投资者对我们称为Memecoins的几个令牌的信心或兴趣。

In our last report, we signaled the potential emergence of a couple of these rising tokens as new plays to keep an eye on, even as the market remains volatile. Capital flows seem to be shifting towards these newer plays and away from supposedly more established first-generation memecoins.

在我们的最后一份报告中，我们表明了一些这些上升令牌的潜在出现，因为新的剧本仍在关注市场，即使市场保持波动。资本流程似乎正在转向这些较新的戏剧，并远离据说更具成熟的第一代成员。

The market overall experienced an influx of $5.29 million, which exceeded the outflows that totaled $4.37 million. This produced a net positive amount of $928,000. While this net figure has not knocked anyone off their feet, it certainly signifies something: the savvy traders and institutional wallets that track the movement of memecoins are doing so with bullish eyes.

总体市场经历了529万美元的涌入，超过了总计437万美元的流出。这产生了928,000美元的净正金额。虽然这个网络人物并没有使任何人脱离脚，但它肯定意味着一些事情：精明的交易员和机构钱包跟踪了纪念因素的动作，这是看涨的眼睛。

FARTCOIN Dominates Inflows While JLP Sees Major Exit

Fartcoin主导流入，而JLP看到主要出口

Attracting the most inflows was the humorously named but surprisingly dominant memecoin, FARTCOIN, which pulled in a staggering $3.18 million in new capital. Riding a wave of social media buzz and meme-driven hype, the token now finds itself in the spotlight as smart money seems to be betting on its continued virality and liquidity growth.

吸引最多的流入是幽默的命名，但令人惊讶的主导纪念物Fartcoin，它在新资本中获得了惊人的318万美元。现在，挥舞着一波社交媒体的嗡嗡声和模因驱动的炒作，现在使自己成为了人们的关注，因为聪明的钱似乎在押注其持续的病毒性和流动性增长。

Other memecoins that captured interest included POPCAT, which saw a healthy $322,000 coming in. Its memetic roots and loyal community base seem to be gaining traction once again. PNUT, another playful prescaler of the memecoin scene, followed close behind with $189,000 in new investment, suggesting that some opportunistic holders might be accumulating it in anticipation of future gains. Meanwhile, BONK and WEN must have been attracting some smart money, because they collectively saw $176,000 in new investment over the same period. That suggests there might be some slow, steady buying interest in the prescaler’s Prescale Toolbox.

引起兴趣的其他成人包括爆米花，其中有322,000美元的健康。其模因根源和忠实的社区基础似乎再次引起了人们的关注。 Pnut是Memecoin现场的另一个好玩的先例，紧随其后的是新投资的$ 189,000，这表明一些机会主义的持有人可能会在预期未来的收益中积累它。同时，Bonk和Wen一定已经吸引了一些聪明的钱，因为他们在同一时期共同看到了176,000美元的新投资。这表明，预先计算机的预定器工具箱可能会有一些缓慢，稳定的购买兴趣。

Conversely, a number of prominent tokens recorded sizable capital exits, which may suggest that profit-takers are at work or investors are reallocating funds to fresh opportunities. WIF, a previously popular token, saw $520,000 head for the exits, which may signal either a fading interest from short-term traders or an expiration of WIF’s recent transitory uptrend.

相反，许多著名的代币记录了相当大的资本出口，这可能表明利润人正在工作，或者投资者正在将资金重新分配给新的机会。 Wif是以前受欢迎的代币，看到了520,000美元的出口，这可能标志着短期交易者的衰落兴趣或WIF最近的暂时性上升趋势的到期。

Recap: Smart money on chain activities in the memecoin market for 16/04/25

回顾：在16/04/25的Memecoin市场上的连锁活动上的智能资金

Yesterday, there was more inflow than outflow

昨天，流入多于流出

Inflow: $5.29MOutflow: $4.37MVolume: $9.66MNet Volume: $928K

流入：$ 52.9万美元：$ 4.37亿美元：$ 96.66万卷：$ 928K

There was inflow into: $WEN

有流入：$ wen

, $POPCAT , $PNUT , #FARTCOIN , $BONK and more. Smart money is pivoting out of JLP and WIF.

，$ popcat，$ pnut，#fartcoin，$ bonk等。聪明的钱正从JLP和WIF中脱颖而出。

The largest outflow came from JLP, with a whopping $2.01 million capital leaving its ecosystem. This could indicate that large holders are pivoting their funds into trendier plays, or it could just be that they are realizing some gains. JUP had the next largest outflow at $123K, followed by ALCH at $101K and RFC at $161K. It appears that each of these was reacting to some recent price action.

最大的流出来自JLP，其生态系统的资本高达201万美元。这可能表明，大持有人将其资金转向时尚剧本，或者可能只是他们正在意识到一些收益。 JUP的流出量为$ 123,000，其次是$ 101K，RFC售价为16.1万美元。看来这些都对最近的一些价格行动做出了反应。

The signal volume figure of $928,000 carries cautious optimism for the market. Although the total volume traded was $9.66 million, only a small part of that resulted in net positive inflow. All of that shows that buying interest is present, but much of the balance is upheld by outflows — the surest sign of a maturing market. Because speculative interests are always balanced by anti-speculative interests, this market must be seen as highly speculative.

$ 928,000的信号量数字对市场带来了谨慎的乐观。尽管交易总量为966万美元，但其中只有一小部分导致净阳性流入。所有这些都表明，购买利息已经存在，但是大部分余额都由流出 - 流出是一个成熟市场的最可靠标志。由于投机利益总是由反规定的利益平衡的，因此必须将该市场视为高度投机。

The shift in capital from relatively larger tokens such as JLP and WIF to newer or resurgent memecoins like FARTCOIN and POPCAT is intriguing. It’s a common strategy among smart money participants, where funds are relocated from positions that have either peaked or stabilized into tokens viewed as having higher upside potential or that are entering a new hype cycle.

资本从相对较大的代币（例如JLP和WIF）转变为Fartcoin和Popcat等新的或复兴的成年人。这是智能货币参与者的普遍策略，在该策略参与者中，资金是从已稳定或稳定为具有更高上空潜力或进入新炒作周期的代币的职位的位置。

Although this activity doesn’t forecast long-term trends, it does show where capital flows in the short term. Particular attention to FARTCOIN could lead to increased retail participation, especially if the meme becomes a movement and volumes rise considerably.

尽管这项活动无法预测长期趋势，但它确实显示了短期资本流动的位置。特别关注Fartcoin可能会导致零售参与的增加，尤其是如果模因变成运动并且数量大幅增长时。

As always, investors are advised to exercise caution — the memecoin market is notoriously volatile and very much driven by sentiment and not by fundamentals. But the actions of some very intelligent participants on April 16 provide a rare, almost voyeuristic view into the next moves too many are making in an effort to try and front-run the next memecoin wave.

与往常一样，建议投资者谨慎行事 - 众所周知，众所周知的市场是动荡的，非常受到情感而不是基本面的驱动。但是，一些非常聪明的参与者在4月16日的行动为下一个动作提供了一种罕见的，几乎是偷窥的观点，以尝试并尝试前进下一个模因浪潮。

Despite the overlying presence of meme tokens and their attendant liquidity, there is market action that cannot be denied. A good case can be made that crypto is at a crossroads right now, with the meme-fueled

尽管模因令牌及其随之而来的流动性存在着上覆盖的存在，但市场行动却无法否认。可以提出一个很好的案例，即加密目前正处于十字路口