專家稱，唐納德和梅拉尼婭·特朗普的模因硬幣體現了加密貨幣的“狂野西部”

拉維·薩拉西（Ravi Sarathy）表示，與其他數位資產不同，模因幣“很大程度上是投機性的”，“沒有太多商業目的”，不能用於去中心化金融安排，也不能充當價值儲存手段。

Both Donald and Melania Trump are dipping more than just a toe in the world of so-called “meme” coins: the pair recently launched their own coins, which together have amassed a multi-billion-dollar market capitalization.

唐納德·川普和梅拉尼婭·川普都不僅僅是涉足所謂的「迷因」代幣世界：兩人最近推出了自己的代幣，這些代幣的市值合計已達到數十億美元。

A meme coin is a type of cryptocurrency that is based in, or gets its name from, a meme or cultural trend.

模因幣是一種基於模因或文化趨勢或得名於模因或文化趨勢的加密貨幣。

The meme coin associated with Donald Trump, $TRUMP, launched on Friday, skyrocketed in value over the weekend, then fell to $40 after Melania Trump dropped her digital coin, $MELANIA. The coin was trading around $60 early Monday. Both of the coins are now trading on the Solana blockchain.

與唐納德·特朗普(Donald Trump) 相關的模因幣$TRUMP 於週五推出，週末價格飆升，然後在梅拉尼婭·特朗普(Melania Trump) 放棄她的數字幣$MELANIA 後跌至40 美元。週一早些時候，該代幣的交易價格約為 60 美元。這兩種代幣現在都在 Solana 區塊鏈上進行交易。

Primarily speculative

主要是投機性的

Ravi Sarathy, a professor of international business and strategy at Northeastern University, explains that meme coins differ from other digital assets in several ways. He says they are primarily speculative in nature, lack significant business utility, cannot be utilized in decentralized finance (DeFi) applications, and generally don’t act as stores of value.

東北大學國際商業與策略教授拉維·薩拉西 (Ravi Sarathy) 解釋說，模因幣在幾個方面與其他數位資產不同。他表示，它們本質上主要是投機性的，缺乏重要的商業效用，不能用於去中心化金融（DeFi）應用，而且通常不充當價值儲存手段。

“They’re part of the wild west of cryptocurrencies,” he says. “This is all brand new.”

「它們是加密貨幣狂野西部的一部分，」他說。 “這都是全新的。”

Though the meme coins bear the names of the president and first lady and are being pushed by the pair on social media, they are “are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type,” a disclaimer on the website for the meme coin associated with Melania Trump says.

儘管模因硬幣上印有總統和第一夫人的名字，並且是由兩人在社交媒體上推廣的，但它們「無意成為投資機會、投資合約或投資安全的主題」。與梅拉尼婭川普相關的迷因硬幣的免責聲明說。

Related: Election 2024: Do ‘crypto’ enthusiasts actually make up a significant voting bloc in the US?

相關：2024 年選舉：「加密貨幣」愛好者實際上在美國構成了重要的投票群體嗎？

Further, the website states that the coin “is not political and has nothing to do with any political campaign or any political office or governmental agency.”

此外，該網站還指出，該硬幣「不具有政治性，與任何政治運動或任何政治辦公室或政府機構無關」。

Still, Sarathy says that it’s odd to see an incoming president promoting a meme coin as he takes the oath of office.

不過，薩拉西表示，看到一位即將上任的總統在宣誓就職時推銷迷因幣還是很奇怪的。

“People who wish to curry favor with President Trump might buy his coins because if they buy his coin, the demand goes up; and if the demand goes up, the price might follow,” Sarathy says.

「那些想要討好川普總統的人可能會購買他的硬幣，因為如果他們購買他的硬幣，需求就會增加；如果需求上升，價格可能會隨之上升，」薩拉西說。

Early ‘meme’ coins

早期的「模因」硬幣

Far from the first joke currencies, meme coins have been around since the beginning of the crypto industry, with the most famous example being Dogecoin. Dogecoin began as a joke and features a dog as its mascot.

迷因幣遠非第一個笑話貨幣，自加密產業誕生以來就一直存在，最著名的例子是狗狗幣。狗狗幣最初只是個笑話，並以狗為吉祥物。

Meme coins tend to appeal to investors with an appetite for short-term speculation, though Sarathy notes that collectors have also taken an interest in them.

Meme 硬幣往往會吸引有短期投機興趣的投資者，但薩拉西指出，收藏家也對它們感興趣。

“I’d say most of these purchases were speculative,” Sarathy says of the Trumps’ meme coins, “and those speculators are perhaps now dumping the coin because there are no quick gains to be made.”

「我想說，這些購買中的大部分都是投機性的，」薩拉西在談到川普家族的迷因幣時說道，「那些投機者現在可能正在拋售這些代幣，因為沒有快速的收益。