隨著美國當選總統唐納德·川普在 Solana 區塊鏈上推出 TRUMP Memecoin，加密市場進入“Memecoin 時代”

CryptoQuant 創辦人兼執行長 Ki Young Ju 分享了他對週末狂熱的看法，宣布「川普開啟了 Memecoin 時代」。

US President-elect Donald Trump took the crypto industry by storm over the weekend with an unexpected launch. Trump announced on social media last Friday that he was launching the official TRUMP memecoin on the Solana blockchain, sparking a multi-billion three-day frenzy that drew strong community backlash.

美國當選總統川普在周末推出了一項出人意料的產品，席捲了加密貨幣行業。川普上週五在社群媒體上宣布，他將在 Solana 區塊鏈上推出官方川普迷因幣，引發了為期三天數十億美元的狂熱，引起了社群的強烈反對。

Crypto Market Enters ‘Memecoin Era’

加密市場進入“Memecoin 時代”

Ki Young Ju, founder and CEO of CryptoQuant, shared his thoughts on the weekend frenzy in an X post, announcing that “Trump opened the Era of Memecoins.” According to Ju, “Financial markets have always been about chasing memes,” and following trends “is nothing new” for financial investors.

CryptoQuant 創始人兼首席執行官 Ki Young Ju 在 X 帖子中分享了他對週末狂熱的看法，宣布「川普開啟了 Memecoin 時代」。 Ju表示，“金融市場一直都在追逐迷因”，追隨趨勢對於金融投資者來說“並不是什麼新鮮事”。

Ju pointed out that the rise of the Internet and social media has accelerated the spread of ideas, allowing them to reach a wider audience. He also highlighted that crypto exchanges had already ushered in “an era of retail investing,” where people take a more hands-on approach rather than “parking their money in banks or index funds.”

鞠指出，網路和社群媒體的興起加速了思想的傳播，使思想能夠接觸到更廣泛的受眾。他還強調，加密貨幣交易所已經迎來了“零售投資時代”，人們採取更實際的方法，而不是“將錢存入銀行或指數基金”。

As a result, investors who lack expertise follow trends, listen to influencers, and learn from what others are doing. “It’s unlikely retail investors will suddenly get smarter about investing, and without government regulations, the herding behavior around trendy keywords won’t stop,” he stated.

因此，缺乏專業知識的投資者會跟隨趨勢、傾聽有影響力的人的意見並學習其他人的做法。 「散戶投資者不太可能突然變得更加明智的投資，而且如果沒有政府監管，圍繞流行關鍵字的羊群行為就不會停止，」他表示。

The CEO believes that “the Trump administration seems less interested in regulating this phenomenon and more inclined to take advantage of it,” suggesting that their approach is “if it’s inevitable, use them.”

這位執行長認為，“川普政府似乎對監管這種現像不太感興趣，而更傾向於利用它”，這表明他們的做法是“如果不可避免，就使用它們”。

Moreover, he added that celebrity tokens are just one of the forms memecoins can take, asserting that “the underlying reality of financial markets behaving like memes isn’t going away, so it’s worth considering how to make the most of it.”

此外，他補充說，名人代幣只是模因幣可以採用的形式之一，並聲稱“金融市場表現得像模因的潛在現實不會消失，因此值得考慮如何充分利用它。”

Ju thinks that the upcoming president is “likely to use” his token holders as a “powerful community base for collective action,” adding that the token’s value will depend on what Trump does and is unlikely to go to zero unless the president pulls the rug on his “fervent fan base.”

Ju認為，即將上任的總統“可能會利用”他的代幣持有者作為“集體行動的強大社區基礎”，並補充說，代幣的價值將取決於川普的所作所為，除非總統撤回，否則代幣的價值不太可能為零關於他的「狂熱粉絲群」。

If a celebrity coin issuer avoids rug-pulling and takes responsibility for their sales, it’s not as harmful as you might think. Even Bitcoin had its fair share of pyramid scheme promoters in the early days, selling to elderly investors. Now, with its massive price rise, those same scammers started being called “visionaries.”

如果名人硬幣發行商避免拉扯並對其銷售負責，那麼它的危害並不像您想像的那麼大。即使是比特幣，在早期也有相當一部分傳銷推廣者，賣給老年投資者。現在，隨著價格大幅上漲，這些騙子開始被稱為「有遠見的人」。

He concluded that no matter how the community feels, the current wave is “unstoppable—at least until 2028,” suggesting that investors should prepare for the next wave.

他的結論是，無論社區感覺如何，當前的浪潮“至少在 2028 年之前是不可阻擋的”，建議投資者應該為下一波浪潮做好準備。

Trump Token Frenzy Continues

川普代幣狂潮仍在持續

Trump’s official token surged a few hours after its launch despite investors’ initial concerns about a hacking scam, reaching a market capitalization of $6 billion by Saturday morning.

儘管投資者最初擔心駭客騙局，但川普的官方代幣在推出幾個小時後就飆升，到週六上午市值已達到 60 億美元。

The US President’s official memecoin soared to an all-time high (ATH) of $75 and a market capitalization of $15 billion throughout the following day. The token outperformed the crypto market, with only a handful of cryptocurrencies following suit. Amid the weekend rally, Bitcoin (BTC) turned the $102,000 resistance into support, while Solana (SOL) hit a new ATH of $270.

第二天，美國總統的官方 memecoin 飆升至 75 美元的歷史新高 (ATH)，市值達到 150 億美元。該代幣的表現優於加密貨幣市場，只有少數加密貨幣緊隨其後。在周末的反彈中，比特幣 (BTC) 將 102,000 美元的阻力位轉變為支撐位，而 Solana (SOL) 則觸及 270 美元的新高。

However, the community met the unexpected launch with strong criticism. On X, crypto investors voiced their concerns and dissatisfaction, with some members suggesting the token could damage the industry’s reputation.

然而，這一意外的發布遭到了社群的強烈批評。在 X 上，加密貨幣投資者表達了他們的擔憂和不滿，一些成員認為該代幣可能會損害該行業的聲譽。

Meanwhile, others labeled the upcoming President’s memecoin venture a “grift.” As Bitcoinist reported, Coffeezilla, a well-known internet investigator, expressed his skepticism on social media. He stated, “Dropping TRUMP memecoin 2 days before becoming president is nasty work,” adding that “new SEC/DOJ guarantees no prosecution.”

與此同時，其他人將即將到來的總統的模因幣冒險稱為“欺詐”。根據 Bitcoinist 報導，著名網路調查員 Coffeezilla 在社群媒體上表達了他的懷疑態度。他表示，“在成為總統前 2 天放棄川普 memecoin 是一項令人討厭的工作”，並補充說，“新的 SEC/DOJ 保證不會被起訴。”

The criticism escalated on Sunday afternoon when Melania Trump, the incoming First Lady, announced the launch of her memecoin, MELANIA, on Solana. The market saw a 6% correction after the launch, with BTC briefly dropping below $100,000 and TRUMP nosediving 30% in an hour from its ATH price to $49.

週日下午，當即將上任的第一夫人梅拉尼婭·川普 (Melania Trump) 宣佈在 Solana 上推出她的模因幣 MELANIA 時，批評升級。發布後，市場出現了 6% 的回調，BTC 一度跌破 10 萬美元，川普在一小時內從 ATH 價格暴跌 30% 至 49 美元。

However, as the Inauguration Day rally continues, the market has begun to recover. Earlier, the flagship crypto reached a new ATH of $109,000 before retracing just below the previous ATH range. Some analysts anticipate “wild volatility in both directions” today but remain optimistic about the upcoming months with the new crypto-friendly administration.

然而，隨著就職日反彈的持續，市場已開始復甦。早些時候，旗艦加密貨幣達到了 109,000 美元的新 ATH，然後回落至略低於先前的 ATH 範圍。一些分析師預計今天“雙向劇烈波動”，但對新的加密貨幣友善政府未來幾個月仍持樂觀態度。