Meme Coin生态系统正在迅速扩展，Raydium的LaunchLab和Bonk的Letsbonk等新的启动平台

Meme Coin生态系统正在迅速扩展，Raydium的LaunchLab和Bonk的Letsbonk等新的启动平台

The meme coin ecosystem is expanding rapidly, with new launch platforms like Raydium’s LaunchLab and Bonk’s LetsBonk adding to Pump.fun’s established presence.

Meme Coin生态系统正在迅速扩展，Raydium的LaunchLab和Bonk的Letsbonk等新的发射平台添加了Pump.Fun的既定存在。

As the number of launchpads increases, so does the volume of meme coins entering the market.

随着发射台的数量的增加，进入市场的模因硬币的数量也随之增加。

With an industry already saturated with many different projects, drawing the line is becoming increasingly difficult. The surge in meme coin projects also elevates the probability of scams. Representatives from CoinGecko, Space ID, and Neiro told BeInCrypto that this increased flurry of meme coins carries risks like pump-and-dump schemes and rug pulls, which are closely associated with the market’s speculative nature.

随着一个已经充满了许多不同项目的行业，绘画线条变得越来越困难。模因硬币项目的激增也提高了骗局的可能性。 Coingecko，Space ID和Neiro的代表告诉Beincrypto，Meme Coins的增加具有风险，例如泵送和沉降计划和地毯拉力，这与市场的投机性质密切相关。

The meme coin sector has historically prioritized quantity over quality, reflecting modern market dynamics where attention is transient. Many coins capitalize on short-lived trends, sacrificing depth for immediacy. Launchpads amplify this tendency by streamlining token creation, resulting in many projects, most of which lack staying power.

模因硬币部门历来将数量优先于质量，反映了关注的现代市场动态。许多人的硬币利用了短暂的趋势，为即时牺牲了深度。发射台通过简化代币创建来扩大这种趋势，从而导致许多项目，其中大多数缺乏持久力。

The meme coin launchpads are also integrating accessible technologies like Web3 antifラグチェーン and smart contracts, which can be misused for malicious purposes due to the lack of federal regulation.

Meme Coin发射台还集成了可访问的技术，例如Web3 Antifラグチェーン和智能合约，由于缺乏联邦法规，可能会出于恶意目的而滥用。

The pressing issue at hand is that no comprehensive, specific regulatory framework exists for the meme coin industry, creating an environment where pump-and-dump schemes and rug pulls remain prevalent.

手头的紧迫问题是，模因硬币行业没有全面的，具体的监管框架，创造了一个环境，在该环境中，泵送泵送计划和地毯拉力仍然很普遍。

In February, the U.S. Securities and Exchange Commission (SEC) issued a statement indicating that typical meme coin transactions are not considered securities. This classification means that investors in these specific assets are generally not afforded the protections of federal securities law.

2月，美国证券交易委员会（SEC）发表了一份声明，表明典型的模因硬币交易不被视为证券。此分类意味着，这些特定资产中的投资者通常无法提供联邦证券法的保护。

With no regulation in sight, the responsibility falls on the launchpads to take action or traders decide to get smart with their investment decisions.

由于看不到法规，发射台的责任承担了采取行动，否则交易者决定通过其投资决策变得聪明。

New meme coin launchpads are rolling out

新的模因硬币发射台正在推出

If one meme coin launchpad didn’t seem like enough, now there’s a handful to choose from.

如果一个模因硬币启动板似乎还不够，那么现在有几个可供选择。

Pump.fun was the first in the meme coin industry to revolutionize token launches by democratizing access. The platform allows anyone to launch their own meme coin practically for free and in seconds.

Pump.Fun是Meme硬币行业中第一个通过使访问民主化来彻底改变代币发射的人。该平台允许任何人几乎在几秒钟内免费启动自己的模因硬币。

But now, it faces competition. Raydium released LaunchLab, Bonk’s LetsBonk has already given Pump.fun a reason to sweat over, while Believe and CMC Launch are also making waves. Since then, the meme coin native has lost its stronghold in the industry.

但是现在，它面临竞争。 Raydium发布了Bonk's Letsbonk的Launchlab，已经给了泵。FUN有理由出汗，而CMC和CMC发射也引起了轰动。从那以后，模因硬币本地人在该行业中失去了据点。

More alarming than Pump.fun’s dwindling performance is the never-ending wave of meme coin launches. This trend has significant implications for an already unregulated industry, costing most retail investors extensive losses.

比泵更令人震惊。FUN的衰落表现是无休止的模因硬币的浪潮。这种趋势对已经不受监管的行业产生了重大影响，使大多数散户投资者造成了巨大的损失。

Does accessibility equal sustainability?

可访问性等于可持续性吗？

When Pump.fun was first launched, it introduced a concept never seen before in the crypto industry. The idea was simple: if you want to launch your own meme coin, you can do so practically for free and in seconds.

当Pump.Fun首次推出时，它引入了一个从未见过的概念。这个想法很简单：如果您想启动自己的模因硬币，则可以在几秒钟内免费进行。

“The accessibility of meme coin launchpads drives both innovation and speculation, with each reinforcing the other. Speculation fuels market activity, drawing capital and participants who create a competitive environment. This pressure compels creators to innovate, developing compelling narratives, community-driven models, or unique token structures that resonate culturally or socially,” S, Neiro’s pseudonymous Community Lead, explained.

“The accessibility of meme coin launchpads drives both innovation and speculation, with each reinforcing the other. Speculation fuels market activity, drawing capital and participants who create a competitive environment. This pressure compels creators to innovate, developing compelling narratives, community-driven models, or unique token structures that resonate culturally or socially,” S, Neiro's pseudonymous Community Lead, explained.

But when a sea of meme coins turns into a tsunami, finding projects with actual utility becomes an increasingly larger feat.

但是，当一堆模因硬币变成海啸时，找到实际效用的项目就会变得越来越大。

“While it is generally accepted that meme coins don’t need any sort of utility as they are seen as projects that people can identify with or ‘vibe’ with, the sheer number of them being launched does draw liquidity away from projects with products or use cases,” Shaun Lee, Research Analyst at CoinGecko, stated.

“虽然人们普遍认为，模因硬币不需要任何类型的效用，因为它们被视为人们可以认同或'vibe'的项目，但它们的庞大数量确实会吸引使用产品或用例的项目，” Coingecko的研​​究分析师Shaun Lee，Coingecko的研​​究分析师说。

This has already begun to affect meme coins that have leveraged their strong community backing to survive past market downturns.

这已经开始影响模因硬币，这些硬币利用了强大的社区支持，以在过去的市场下滑中生存。

“Unfortunately, the flood of thousands of new meme coins into the market has affected established meme coins such as DOGE and SHIB. These coins have faced brand dilution and, with liquidity being spread thin, have been unable to break their all-time highs from the 2021 bull cycle,” Lee added.

Lee补充说：“不幸的是，成千上万的新模因硬币涌入市场，影响了既定的模因硬币，例如Doge和Shib。这些硬币已经面临品牌稀释，并且由于流动性稀疏，因此无法从2021年的Bull Cycle中打破其历史最高点。”

To make matters worse, this added layer of speculation in an already volatile industry significantly increases the risk of scams.

更糟糕的是，本来已经波动的行业中增加的投机层显着增加了骗局的风险。

A recent Solidus Labs report revealed a significant scale of fraudulent activities on Solana. According to the findings, approximately 98.7% of tokens on Pump.fun and 93% of liquidity pools on Raydium exhibited characteristics of pump-and-dump schemes or rug pulls.

最近的一份Solidus Labs报告显示，有关Solana的欺诈活动很大。根据调查结果，泵浦的泵上约有98.7％的令牌和93％的流动性池表现出泵送和降低计划或地毯拉力的特征。

This means that many token launches are done solely to take advantage of the market’s casino-like nature.

这意味着许多代币的发布仅是为了利用市场的赌场般的性质。

“It’s certainly very concerning. Meme coin launchpads capitalize on human greed and FOMO, which makes them the perfect place to launch pump-and-dump schemes, even if that’s not their original intention,” Alice Shikova, Marketing Lead at Space ID, said.

“这肯定非常令人担忧。MemeCoin Launchpads资本利用了人类的贪婪和FOMO，这使它们成为启动泵和降低计划的理想场所，即使这不是他们的最初意图，” Space ID的市场负责人Alice Shikova说。

Since thousands of coins are launched daily, many of which become scams, most of these projects typically end up defunct. The data on this phenomenon are staggering.

由于每天发射成千上万的硬币，其中许多硬币变成骗局，因此大多数项目通常最终被停用。有关这种现象的数据令人惊讶。

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