川普推出 $TRUMP Meme 代幣——代幣市值超過 120 億美元

故事是如何開始的：川普與頂級比特幣礦工討論美國加密貨幣的未來

Former President Donald Trump has officially entered the cryptocurrency arena with the launch of his own meme coin, an initiative that has sparked a бурная реакция рынка and polarized industry observers. The move also comes amid heightened regulatory scrutiny of digital assets.

前總統唐納德·川普正式進入加密貨幣領域，推出了自己的迷因幣，這一舉措引發了熱議和兩極分化的行業觀察人士。此舉也是在加強對數位資產的監管審查的背景下進行的。

Trump announced the launch of his $TRUMP meme coin on Truth Social on January 17, with the token quickly garnering attention on both social and mainstream media.

川普於 1 月 17 日在 Truth Social 上宣布推出他的 $TRUMP meme 代幣，該代幣迅速引起了社交媒體和主流媒體的關注。

According to data from CoinGecko, the $TRUMP coin saw a wild ride in the hours following its launch. At one point, the token's market capitalization reached $13.6 billion, while its fully diluted valuation stood at around $67.6 billion. However, by 3:05 PM ET on January 19, less than 48 hours after being launched, the coin experienced a steep decline.

根據 CoinGecko 的數據，$TRUMP 代幣在推出後的幾個小時內經歷了瘋狂的上漲。該代幣的市值一度達到 136 億美元，而其完全攤薄後的估值約為 676 億美元。然而，到 1 月 19 日美國東部時間下午 3:05，即發行後不到 48 小時，該代幣就經歷了急劇下跌。

This crypto endeavor by the former president follows his engagement with top bitcoin miners at Mar-a-Lago and a speech at a bitcoin conference in April 2024. Trump's involvement in the crypto sphere appears to be linked to the pro-crypto candidates' success in the 2024 November elections and crypto super PACs' substantial influence in the upcoming 2026 midterms.

這位前總統在Mar-a-Lago 與頂級比特幣礦商進行了接觸，並在2024 年4 月的比特幣會議上發表了演講。人在2024 年 11 月的選舉和加密貨幣超級政治行動委員會對即將到來的 2026 年中期選舉的重大影響。

After Trump's announcement on Truth Social, several bitcoiners voiced their thoughts on the matter. David Bailey, CEO of Bitcoin Magazine, expressed his enthusiasm for the development in an interview with CoinDesk, highlighting how Trump's entry into the crypto scene aligns with the industry's growth and evolution.

在川普在 Truth Social 上宣布這一消息後，一些比特幣愛好者表達了他們對此事的看法。比特幣雜誌執行長 David Bailey 在接受 CoinDesk 採訪時表達了他對這一發展的熱情，並強調了川普進入加密貨幣領域與該行業的成長和演變是如何契合的。

"This is a testament to the incredible work of the bitcoin community over the last several years. We've seen an exponential rise in awareness and adoption, and now the former President of the United States is joining the fray. It doesn't get much bigger than this," said Bailey.

「這證明了比特幣社群在過去幾年中所做的令人難以置信的工作。我們看到比特幣的認知度和採用率呈指數級增長，現在美國前總統也加入了這場戰鬥。比這個大得多，」貝利說。

However, not everyone in the crypto community shares Bailey's optimism. British bitcoiner and podcast host Peter McCormack sharply criticized Trump's meme coin initiative, describing it as "the opposite of what you voted for" in a video posted on his X account.

然而，並非加密社群中的每個人都認同貝利的樂觀態度。英國比特幣愛好者兼播客主持人 Peter McCormack 嚴厲批評了川普的迷因幣倡議，在他的 X 帳戶上發布的影片中稱其「與你投票的內容相反」。

"This is not a drill. I repeat, this is not a drill. They are destroying everything you voted for. They are mocking you and laughing at you. Don't let them get away with it.の時間切れです。助けてください。"

「這不是演習。我再說一遍，這不是演習。他們正在摧毀你投票支持的一切。他們在嘲笑你。不要讓他們得逞。請幫忙。”

Neeraj K. Agrawal, Director of Communications at the digital asset think tank Coin Center, also commented on the development, albeit in a more understated manner.

數位資產智庫 Coin Center 的通訊總監 Neeraj K. Agrawal 也對此進展發表了評論，不過態度較為低調。

"Anyone else filled with dread?" wrote Agrawal on his X account.

“還有誰充滿恐懼嗎？”阿格拉瓦爾在他的 X 帳戶上寫道。

Outspoken Trump supporter and crypto enthusiast Nic Carter posted on X about the development, highlighting concerns over pump and dump schemes in the crypto space.

直言不諱的川普支持者和加密貨幣愛好者 Nic Carter 在 X 上發布了有關這一進展的信息，強調了對加密貨幣領域拉高和拋售計劃的擔憂。

"Everyone piling on here is aware that crypto is being used in pump and dump schemes, right? And that a persistent problem in this space is how easy it is to create new tokens. Regulators and industry participants are both saying that we need to be vigilant here. Aсалатник from Chainalysis on the subject:," posted Carter.

「這裡的每個人都知道加密貨幣正在被用於拉高和拋售計劃，對嗎？這個領域的一個持續存在的問題是創建新代幣是多麼容易。監管機構和行業參與者都說我們需要Chainaanalysis的Aсалатник 對此保持警惕：」卡特發文表示。

"The authorities are not doing enough to stop crypto pump and dump scams, a new report from blockchain analytics firm Chainalysis has claimed.

區塊鏈分析公司 Chainaanalysis 的一份新報告稱，當局在阻止加密貨幣暴漲和轉儲詐騙方面做得不夠。

The firm's 2025 Crypto Crime Report found that illicit activity now accounts for just 0.15 percent of all cryptocurrency transaction volume, down significantly from 2024. However, the report also highlights a worrying increase in scams and fraud.

該公司的 2025 年加密貨幣犯罪報告發現，非法活動目前僅佔所有加密貨幣交易量的 0.15%，較 2024 年大幅下降。

According to Chainalysis, scammer revenue rose by 67 percent in 2025, reaching a total of $6.4 billion. This marks the highest level of crypto scam revenue since at least 2019, when Chainalysis began tracking such data.

根據 Chainaanalysis 的數據，詐騙者的收入在 2025 年增長了 67%，總計達到 64 億美元。這標誌著至少自 2019 年 Chainaanalysis 開始追蹤此類數據以來加密詐騙收入的最高水平。

The vast majority of scammer revenue (82 percent) went to pump and dump schemes, which saw a 35 percent increase in illicit proceeds compared to 2024. Aсалатник from the report on the subject:," reads the follow-up post by Carter.

詐騙者的絕大多數收入 (82%) 都流向了拉高拋售計劃，與 2024 年相比，非法收益增加了 35%。

The development also comes amid a period of heightened regulatory scrutiny of digital assets, with the U.S. Securities and Exchange Commission (SEC) recently announcing plans to nearly double its staff dedicated to crypto oversight.

這項進展也正值數位資產監管更加嚴格的時期，美國證券交易委員會（SEC）最近宣布計畫將專門負責加密貨幣監管的人員數量增加近一倍。

The SEC has maintained a close watch on the crypto industry, with Gary Gensler, the outgoing SEC Chairman, frequently speaking on the need for greater regulatory oversight of digital assets. Gensler's statements and actions have drawn mixed reactions from the crypto community.

美國證券交易委員會一直密切關注加密貨幣產業，即將離任的美國證券交易委員會主席 Gary Gensler 經常談到需要加強對數位資產的監管。 Gensler 的言論和行動引起了加密社群的不同反應。

In a recent speech at the Practising Law Institute's 23rd Annual Institute on Securities Regulation in New York, Gensler highlighted the importance of protecting investors and ensuring orderly markets, particularly in light of the crypto industry's rapid growth and potential for abuse.

Gensler 最近在紐約執業法律研究所第 23 屆證券監管年度研究所的演講中強調了保護投資者和確保市場有序的重要性，特別是考慮到加密行業的快速增長和濫用的可能性。

"The SEC has a dual mandate: to protect investors and to maintain orderly, efficient markets. As new financial products and markets emerge, such as digital asset securities, we must ensure that these mandates are carried out effectively

「美國證券交易委員會有雙重使命：保護投資者並維持有序、有效率的市場。隨著新的金融產品和市場（例如數位資產證券）的出現，我們必須確保這些使命得到有效執行