Memecoins正在劫持加密貨幣的敘述嗎？

這是一個重要的問題，因為霍克·圖阿（Hawk Tuah）女孩唐納德·特朗普（Donald Trump）和現在阿根廷總統哈維爾·米利（Javier Milei）的奉獻爆炸麵對反對。

The memecoin craze has reached new heights, with offerings from Donald Trump, the Hawk Tuah girl, and now Argentina's president, Javier Milei. But the tendency of these cryptocurrencies to fly out of the gate and crash a short time later as early movers cash out looks an awful lot like classic pump-and-dump schemes.

Memecoin熱潮已達到新的高度，唐納德·特朗普（Donald Trump），霍克·圖阿（Hawk Tuah）女孩和現在的阿根廷總統哈維爾·米利（Javier Milei）提供。但是，這些加密貨幣傾向於飛出大門並在短時間後崩潰，因為早期的貨幣現金看起來像經典的泵送和降低計劃一樣可怕。

This has crypto industry lobbyists worried. Hawk Tuah, the raunchy memecoin that soared to $500 million on its December launch and then plunged 90% in 30 minutes, has become a hot topic in the halls of Congress, Liam Kelly reports. So, too, has the president's official TRUMP coin, which followed a similar trajectory.

這讓加密行業遊說者擔心。據利亞姆·凱利（Liam Kelly）報導。因此，總統的官方特朗普硬幣也是如此，遵循類似的軌跡。

This is not welcome news for the industry. Key crypto bills are moving through the gears in both the Senate and the House of Representatives. Lawmakers are asking about memecoins within the “first five minutes” of conversation on crypto-related legislation.

這對行業來說不是可喜的消息。關鍵的加密法案正在參議院和眾議院的齒輪中移動。立法者在與加密相關的立法的“對話的前五分鐘”中詢問了模因。

The last thing the Blockchain Association and other industry leaders want are memecoins monkeywrenching a legislative effort years in the making. Ever since Gary Gensler approved a crackdown on stalwarts such as Coinbase and Ripple, crypto has pushed hard for clarity that would establish legal definitions for digital assets.

區塊鏈協會和其他行業領導人想要的最後一件事是Memecoins Monkeywrencrenthing In Criewarge Insual in the In。自從加里·貢斯勒（Gary Gensler）批准對Coinbase和Ripple等堅定者的鎮壓以來，Crypto就努力清晰地努力，這將確定數字資產的法律定義。

This breakthrough would not only mitigate legal risks for crypto firms, it would also spur financial institutions to enter the marketplace with new offerings, and a lot more capital. But memecoins are designed to make easy money rather than foster technological innovation and strengthen economic competitiveness.

這一突破不僅會減輕加密貨幣公司的法律風險，而且還將刺激金融機構以新產品和更多的資本進入市場。但是，Memecoins旨在賺錢，而不是促進技術創新並增強經濟競爭力。

As it happens, that is precisely the narrative crypto supporters ranging from Coinbase CEO Brian Armstrong, to influencer Anthony Scaramucci, to Trump himself have been promulgating to defend the asset class.

碰巧的是，這正是敘事的加密支持者，從Coinbase首席執行官Brian Armstrong到有影響力的Anthony Scaramucci到特朗普本人，都宣佈為捍衛資產類別。

So what are decisionmakers to think when they see the extraordinary memecoin episode that unfolded in Argentina over the weekend? On Friday, Milei, the South American nation's pro-crypto president and a favorite of Trump, promoted a memecoin called LIBRA on his official X account, Kyle Baird reported. The memecoin skyrocketed to $4.5 billion.

那麼，當決策者看到週末在阿根廷展開的非凡紀念情節時，他們會想到什麼？凱爾·貝爾德（Kyle Baird）報導，上週五，南美國家的親克賴特托（Crypto）總統麥利（Milei）在其官方X帳戶中宣傳了一個名為天秤座的成員。這一紀念品飆升至45億美元。

Within three hours, 10 insiders sold their stakes and raked in a staggering $87 million, according to Bubblemaps, an on-chain analytics firm. The backlash was fierce.

根據鍊子分析公司Bubblemaps的說法，在三個小時內，有10名內部人士出售了他們的股份，並以驚人的8700萬美元的價格收穫。反彈很激烈。

Milei, who has vowed to repair Argentina's broken public finances and root out corruption, distanced himself from the scandal by explaining he “was not aware of the details.”

米利（Milei）誓言要修復阿根廷破碎的公共財政並消除腐敗，他與醜聞保持了距離，他解釋說他“不知道細節”。

If memecoin mania accelerates, the gory details in this and similar schemes may overwhelm the carefully drawn narrative industry leaders have been laying out in Washington.

如果Memecoin Mania加速了，那麼在此和類似方案中的血腥細節可能會淹沒精心繪製的敘事行業領導者在華盛頓佈置的。