PEPE 代币在 2024 年初继续呈上升趋势

比特币价格稳定在6万美元左右，在加密货币市场的主导地位达到57.4%。这种日益增长的主导地位正在影响山寨币季节的预期增长。

Bitcoin’s price continues to hover around the $60,000 mark, with its dominance in the cryptocurrency market reaching 57.4%. However, the anticipated rise of altcoin season seems to be delayed. According to Glassnode lead analyst James Check, the surge of memecoins is to blame, calling them the “silent killer” of the altcoin market.

比特币价格持续徘徊在6万美元大关附近，在加密货币市场的主导地位达到57.4%。然而，预期的山寨币季节似乎被推迟了。 Glassnode 首席分析师 James Check 认为，模因币的激增是罪魁祸首，称它们是山寨币市场的“无声杀手”。

During a recent appearance on the Rough Consensus podcast, Check highlighted that investments are being directed towards memecoins like Dogecoin, Shiba Inu, and PEPE. This trend is pulling a significant amount of capital away from more established assets, such as Ethereum, Solana, and Ripple’s XRP. Check estimated that 50-60 cents of every dollar that has been invested in memecoins could have instead been invested in traditional cryptocurrencies.

Check 最近在 Rough Consensus 播客上露面时强调，投资正转向狗狗币、柴犬和 PEPE 等模因币。这一趋势正在从以太坊、Solana 和 Ripple 的 XRP 等更成熟的资产中抽走大量资金。 Check 估计，投资 memecoin 的每一美元中，有 50-60 美分本可以投资于传统加密货币。

As a result, the money being pumped into memecoins leaves little room for investment in other altcoins. With capital flowing into these new, hot assets, existing cryptocurrencies will have fewer investment opportunities.

因此，投入模因币的资金几乎没有给其他山寨币留下投资空间。随着资本流入这些新的热门资产，现有的加密货币的投资机会将会减少。

PEPE Token Continues Upward Trend in Early 2024

PEPE 代币在 2024 年初继续呈上升趋势

While the 2021 bull run saw memecoins picking up steam towards the end of the market cycle, current trends show that they are being embraced at the beginning. As memecoins gain popularity, traders are putting in large sums of money to try and profit from these coins.

虽然 2021 年的牛市见证了 memecoin 在市场周期结束时的强劲势头，但目前的趋势表明它们在一开始就受到了欢迎。随着模因币越来越受欢迎，交易者投入大量资金试图从这些币中获利。

One example is the PEPE token, which has seen an upward trend in the first half of 2024. On May 15, the trader generated $46 million from an initial investment of $3,000, recording a return of 15,718 times. However, Check noted that there was low trading volume in other parts of the market, with many traders only trading memecoins like PEPE.

一个例子是PEPE代币，该代币在2024年上半年出现了上涨趋势。5月15日，该交易者从3,000美元的初始投资中获得了4600万美元的收益，录得15,718倍的回报。然而，Check 指出，市场其他部分的交易量较低，许多交易者只交易 PEPE 等模因币。

According to Check, this trend picked up after the approval of spot Bitcoin exchange-traded funds (ETFs) on January 10, with traders using the Bitcoin price rally as an opportunity to invest in risky memecoins. Despite the soaring prices of memecoins like PEPE and Dogwifhat (WIF), Check observed a period where market activity was noticeably sparse, suggesting that traders largely avoided or neglected other potential investment opportunities.

据 Check 称，这一趋势在 1 月 10 日比特币现货交易所交易基金 (ETF) 获得批准后有所回升，交易者利用比特币价格上涨作为投资高风险模因币的机会。尽管 PEPE 和 Dogwifhat (WIF) 等模因币的价格不断飙升，但 Check 观察到一段时期市场活动明显稀疏，这表明交易者在很大程度上回避或忽视了其他潜在的投资机会。

Analysts View Altcoin Decline as Bullish Signal

分析师将山寨币下跌视为看涨信号

On the other hand, some traders and analysts are viewing the current altcoin price decline and low trading volumes as bullish signals. According to Luke Martin, a crypto trader, it is the perfect time to buy altcoins. Martin noted that the last time such a situation occurred was with Bitcoin in the summer of 2020, when the price experienced a steep climb from $10,000 to $60,000 over six months after a similar downturn in trading activity.

另一方面，一些交易员和分析师将当前山寨币价格下跌和交易量低视为看涨信号。加密货币交易员卢克·马丁表示，现在是购买山寨币的最佳时机。马丁指出，比特币上一次出现这种情况是在 2020 年夏天，当时比特币的价格在经历了类似的交易活动低迷后的六个月内从 10,000 美元急剧攀升至 60,000 美元。

Altcoins currently at the "sell your house to buy more" level.

山寨币目前处于“卖掉你的房子买更多”的水平。

Last time $BTC was at this level was exactly 4 years ago in the summer of 2020 when price went vertical from 10k to 60k over the next 6 months.

BTC 上次达到这个水平是在 4 年前的 2020 年夏天，当时价格在接下来的 6 个月里从 10k 垂直上涨到 60k。

h/t @CryptoKoryo pic.twitter.com/vwaGkGE1FA

h/t @CryptoKoryo pic.twitter.com/vwaGkGE1FA

— Luke Martin (@VentureCoinist) August 27, 2024

— 卢克·马丁 (@VentureCoinist) 2024 年 8 月 27 日

According to Martin, altcoins are currently at a crossroads, and buying at these levels could lead to large returns soon. He noted that Bitcoin rose from $10,000 to $60,000 within six months after experiencing low trading volumes for a similar duration.

马丁表示，山寨币目前正处于十字路口，在这些水平上购买可能很快就会带来巨额回报。他指出，在经历了类似持续时间的低交易量后，比特币在六个月内从 10,000 美元涨至 60,000 美元。