在宣佈為美國總統唐納德·特朗普（Donald Trump）的頂級持有人舉行獨家面對面晚餐後，特朗普紀念因（特朗普）在4月23日飆升了52％

2024年4月24日上午1:14更新。由Stas Stash。

The price of Official Trump (TRUMP) surged 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump.

特朗普官方（特朗普）的價格在4月23日宣佈為美國總統唐納德·特朗普（Donald Trump）的頂級持有人舉行獨家面對面的晚餐後，飆升了52％。

For some crypto advocates, this marks the end of the bear market, especially as Bitcoin (BTC) bounced back above $93,000, but others have suspicions on how sustainable the TRUMP memecoin rally really is.

對於某些加密貨幣倡導者來說，這標誌著熊市的終結，尤其是比特幣（BTC）彈回93,000美元以上，但其他人則懷疑特朗普的紀念紀念日集會的可持續程度。

From a purely performance perspective, the Official Trump (TRUMP) memecoin has been a disappointment. After soaring above $75 on launch day, its gains quickly disappeared as investors noticed the high concentration of tokens and the short-term vesting period.

從純粹的表演角度來看，官方的特朗普（特朗普）紀念物令人失望。在發射當天飆升至75美元以上的飆升之後，投資者註意到代幣的高度集中和短期歸屬時期，其收益很快就消失了。

At first sight, it is difficult to justify TRUMP’s current market capitalization of $2.6 billion, given that 80% of the supply was allocated to founders and entities controlled by Trump.

乍一看，鑑於80％的供應分配給了特朗普控制的創始人和實體，因此很難證明特朗普目前的市值為26億美元。

For comparison, well-established projects such as Arbitrum (ARB), Jupiter (JUP), and Maker (MKR) hold a capitalization below $1.6 billion. Those token valuations derive from buybacks using treasury reserves or direct benefits in staking and DeFi mechanisms. For instance, Arbitrum, a leading Ethereum layer-2 scaling solution, holds $2.4 billion in Total Value Locked (TVL).

為了進行比較，諸如仲裁（ARB），木星（JUP）和製造商（MKR）等良好的項目持有低於16億美元的資本化。這些令牌估值來自使用財政部儲備或直接利益的回購和固定機制的直接好處。例如，領先的以太坊2層縮放解決方案索賠持有24億美元的總價值鎖定（TVL）。

Jupiter, the primary decentralized exchange (DEX) on Solana, has $2.3 billion in deposits and has accrued $76.6 million in fees over the past 30 days, according to DefiLlama data. Meanwhile, Sky (formerly Maker), the project behind the highly successful DAI stablecoin, has $5.9 billion TVL and $28.6 million in 30-day fees.

根據DeFillama的數據，木星是Solana的主要權力交易所（DEX），有23億美元的存款，並在過去30天內獲得了7660萬美元的費用。同時，Sky（以前是Maker）是非常成功的Dai Stablecoin背後的項目，其30天的費用為59億美元和2860萬美元。

TRUMP still in top 10 for trading activity

特朗普仍在交易活動中排名前十

Besides being listed on major exchanges, including Binance, Bybit, OKX, Coinbase (NASDAQ:COIN), Upbit, and Kraken, and often promoted on social media by Trump, the memecoin has an impressive share in derivatives markets. Notably, its futures open interest stands at $700 million, a top-10 overall.

除了在包括Binance，Bybit，Okx，Coinbase（NASDAQ：COIN），UPBIT和KRAKEN在內的主要交易所中列出，並經常在特朗普的社交媒體上晉升，Memecoin在衍生品市場中都有令人印象深刻的份額。值得注意的是，其期貨開放興趣為7億美元，總體十名。

Well-established projects with market capitalizations over $6 billion, such as Chainlink (LINK), Litecoin (LTC), and Polkadot (DOT) have smaller futures open interest than TRUMP.

良好的市值超過60億美元的項目，例如Chainlink（Link），Litecoin（LTC）和Polkadot（DOT）比特朗普的期貨開放率要小。

Still, while demand for futures markets allows larger traders to take part in the action, it does not necessarily imply optimism as longs (buyers) and shorts (sellers) are matched at all times.

儘管如此，儘管對期貨市場的需求允許大型交易者參與該行動，但它並不一定意味著樂觀，因為長期（買家）和短褲（賣家）始終匹配。

Even though TRUMP is currently valued 84% below its all-time high, it remains a top-10 token in terms of volume. As of press time, only four cryptocurrencies surpassed TRUMP’s impressive $3.84 billion 24-hour turnover, according to CoinGecko.

即使特朗普目前的價值低84％，但在數量方面仍然是前十名。據Coingecko稱，截至發稿時，只有四次加密貨幣超過了特朗普令人印象深刻的24小時營業額。

Despite the huge trading activity, a single promotional event with US President Trump is unlikely to create lasting demand for the TRUMP memecoin, putting the current $13.50 price tag in check.

儘管交易活動龐大，但美國總統特朗普的一次促銷活動不太可能產生對特朗普紀念物的持久需求，這使目前的13.50美元的價格標籤受到支票。

Unless the project eases investors’ concerns about token unlocks, there is hardly a way to justify the 50% premium versus cryptocurrencies that offer utility and perspectives of growth.

除非該項目緩解了投資者對代幣解鎖的擔憂，否則幾乎沒有一種方法可以證明50％的保費與提供實用性和增長觀點的加密貨幣相比。

It is worth noting that Shiba Inu (SHIB), another memecoin with no real utility, presently trades at a $8 billion market capitalization, hence one could easily argue that a token officially supported by the sitting US President is worth far more, paving the way for $30 or higher price targets for TRUMP.

值得注意的是，另一個沒有真正效用的紀念物Shiba Inu（Shib）目前以80億美元的市值交易，因此人們可以輕鬆地爭辯說，由現任美國總統正式支持的代幣值得更多，鋪平了更多的價格，以30美元或更高的價格目標目標。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出於一般信息目的，不打算被視為法律或投資建議。這裡表達的觀點，思想和觀點是作者獨自一人，不一定反映或代表Cointelegraph的觀點和觀點。