唐納德和梅拉尼婭·川普推出了自己的迷因幣，但這對更廣泛的加密市場意味著什麼？

川普進軍加密貨幣市場標誌著他觀點的重大轉變，這位候任總統此前曾在 2021 年將數位資產標記為「騙局」。

President-elect Donald Trump and former first lady Melania Trump have both launched their own meme coins, sparking interest and raising questions about their impact on the crypto market.

當選總統唐納德·川普和前第一夫人梅拉尼婭·川普都推出了自己的迷因幣，引發了人們的興趣，並引發了人們對其對加密貨幣市場影響的質疑。

Trump's venture into the crypto market marks a significant shift in his perspective, with the president-elect previously labeling the digital assets a "scam" in 2021. However, throughout his presidential campaign, Trump embraced the crypto market, calling for further deregulation of the sector and accepting Bitcoin for donations from supporters.

川普進軍加密貨幣市場標誌著他觀點的重大轉變，這位候任總統此前曾在2021 年將數位資產稱為「騙局」。市場，呼籲進一步放鬆對加密貨幣的監管。

Following the launch of $TRUMP, Melania Trump unveiled her own cryptocurrency which, according to CoinMarketCap, had a market capitalisation of $1.9bn on Monday. But what is a meme coin and what does this mean for the wider crypto market?

在推出 $TRUMP 後，梅蘭妮亞川普推出了自己的加密貨幣，根據 CoinMarketCap 的數據，週一該加密貨幣的市值為 19 億美元。但什麼是模因幣？

A meme coin is a type of cryptocurrency often inspired by jokes, internet memes or cultural trends. Compared to more mainstream cryptocurrencies like Bitcoin or Ethereum, meme coins usually lack an underlying utility, value or technological innovation.

迷因幣是一種加密貨幣，通常受到笑話、網路迷因或文化趨勢的啟發。與比特幣或以太幣等更主流的加密貨幣相比，模因幣通常缺乏潛在的效用、價值或技術創新。

Compared to other products on the speculative market, their value is primarily driven by social media buzz rather than asset fundamentals.

與投機市場上的其他產品相比，它們的價值主要由社群媒體熱議而非資產基本面驅動。

Throughout his presidential campaign and subsequent election, Trump has made explicit overtures to the crypto industry, with reports that he even considered an executive order designating the asset class a “national priority.”

在整個總統競選和隨後的選舉中，川普對加密行業做出了明確的姿態，有報道稱，他甚至考慮發布行政命令，將資產類別指定為「國家優先事項」。

The president-elect's previous forays into crypto include digital collectables that show him in a variety of poses and costumes, including as a superhero. Along with his sons, he's also endorsed World Liberty Financial, a project that has been much-hyped but for which details remain scarce.

這位當選總統之前涉足加密貨幣領域的嘗試包括數位收藏品，這些收藏品展示了他的各種姿勢和服裝，包括超級英雄的形象。他和他的兒子們也支持了「世界自由金融」（World Liberty Financial），該計畫被大肆宣傳，但細節卻很少。

Trump has promised to be a "crypto president", and is expected to issue executive orders to reduce regulatory roadblocks and promote widespread adoption of digital assets.

川普承諾成為“加密貨幣總統”，預計將發布行政命令，以減少監管障礙並促進數位資產的廣泛採用。

Overall, it seems Trump's new meme coin appears to be a strategic move to capitalize on the crypto sector's growing popularity, enhance his brand with younger generations, and signal a supportive stance toward the industry.

總體而言，川普的新迷因幣似乎是一項戰略舉措，旨在利用加密貨幣行業日益受歡迎的機會，在年輕一代中提升他的品牌，並表明對該行業的支持立場。

The website for the president-elect's token describes it as “the only official Trump meme.” However, the website's small print states the president-elect's token isn't intended to be an “investment opportunity, investment contract, or security of any type.”

當選總統代幣的網站將其描述為「唯一的官方川普迷因」。然而，該網站的小字指出，當選總統的代幣無意成為「投資機會、投資合約或任何類型的證券」。

Despite this, Trump supporters immediately started buying, with major exchanges like Coinbase and Binance confirming their intentions to list the token on their platforms.

儘管如此，川普的支持者立即開始購買，Coinbase 和 Binance 等主要交易所確認了在其平台上列出該代幣的意圖。

The website for Melania's project also says that the token isn't supposed to be an investment opportunity or security, noting: “Melania memes are digital collectables intended to function as an expression of support for and engagement with the values embodied by the symbol MELANIA.”

梅蘭妮亞計畫的網站還表示，該代幣不應被視為投資機會或證券，並指出：「梅蘭妮亞表情包是數位收藏品，旨在表達對MELANIA 符號所體現的價值觀的支持和參與。

The prospect of looser regulations around crypto policy and a president that actively embraces and promotes the sector has been met with fanfare by the industry, turbocharging a rally in Bitcoin and other major cryptos following Trump's election victory in November.

圍繞加密貨幣政策放鬆監管的前景以及積極擁抱和促進該行業的總統的前景受到了業界的熱烈歡迎，在川普 11 月大選獲勝後，比特幣和其他主要加密貨幣的反彈加速了。

However, several ethical and political concerns have been raised about the president-elect's new coin. The launch of the official Trump token represents the latest blending of politics and decentralized finance, with fears that this may blur the lines between governance, influence and profit.

然而，當選總統的新硬幣引發了一些道德和政治方面的擔憂。川普官方代幣的推出代表了政治與去中心化金融的最新融合，人們擔心這可能會模糊治理、影響力和利潤之間的界線。

Some industry analysts have also expressed concerns about political figures wielding so much power in speculative markets, which is likely to cause significant challenges for regulators.

一些產業分析師也對政治人物在投機市場上擁有如此大的權力表示擔憂，這可能會給監管機構帶來重大挑戰。

Overall, Trump and Melania's new meme coins come with several potential risks when it comes to conflicts of interest and foreign influence, which will demand careful scrutiny once the president-elect takes office.

總體而言，川普和梅蘭妮亞的新表情包在利益衝突和外國影響方面存在一些潛在風險，一旦當選總統上任，就需要仔細審查。