唐纳德和梅拉尼娅·特朗普推出了自己的模因币，但这对更广泛的加密市场意味着什么？

特朗普进军加密货币市场标志着他观点的重大转变，这位候任总统此前曾在 2021 年将数字资产标记为“骗局”。

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.

当选总统唐纳德·特朗普和前第一夫人梅拉尼娅·特朗普都推出了自己的模因币，引发了人们的兴趣，并引发了人们对其对加密货币市场影响的质疑。

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.

特朗普进军加密货币市场标志着他观点的重大转变，这位候任总统此前曾在 2021 年将数字资产称为“骗局”。然而，在整个总统竞选过程中，特朗普拥抱了加密货币市场，呼吁进一步放松对加密货币的监管。部门并接受比特币支持者的捐赠。

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 后，梅拉尼娅·特朗普推出了自己的加密货币，根据 CoinMarketCap 的数据，周一该加密货币的市值为 19 亿美元。但什么是模因币？这对更广泛的加密市场意味着什么？

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.

模因币是一种加密货币，通常受到笑话、互联网模因或文化趋势的启发。与比特币或以太坊等更主流的加密货币相比，模因币通常缺乏潜在的效用、价值或技术创新。

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

与投机市场上的其他产品相比，它们的价值主要由社交媒体热议而非资产基本面驱动。

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.”

在整个总统竞选和随后的选举中，特朗普对加密货币行业做出了明确的姿态，有报道称，他甚至考虑发布行政命令，将资产类别指定为“国家优先事项”。

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.

这位当选总统之前涉足加密货币领域的尝试包括数字收藏品，这些收藏品展示了他的各种姿势和服装，包括超级英雄的形象。他和他的儿子们还支持了“世界自由金融”（World Liberty Financial），该项目被大肆宣传，但细节却很少。

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.

特朗普承诺成为“加密货币总统”，预计将发布行政命令，以减少监管障碍并促进数字资产的广泛采用。

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.

总体而言，特朗普的新模因币似乎是一项战略举措，旨在利用加密货币行业日益受欢迎的机会，在年轻一代中提升他的品牌，并表明对该行业的支持立场。

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.”

当选总统代币的网站将其描述为“唯一的官方特朗普模因”。然而，该网站的小字指出，当选总统的代币无意成为“投资机会、投资合同或任何类型的证券”。

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

尽管如此，特朗普的支持者立即开始购买，Coinbase 和 Binance 等主要交易所确认了在其平台上列出该代币的意图。

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.”

梅拉尼娅项目的网站还表示，该代币不应被视为投资机会或证券，并指出：“梅拉尼娅表情包是数字收藏品，旨在表达对 MELANIA 符号所体现的价值观的支持和参与。 ”

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.

围绕加密货币政策放松监管的前景以及积极拥抱和促进该行业的总统的前景受到了业界的大肆宣传，在特朗普 11 月大选获胜后，比特币和其他主要加密货币的反弹加速了。

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，当选总统的新硬币引发了一些道德和政治方面的担忧。特朗普官方代币的推出代表了政治与去中心化金融的最新融合，人们担心这可能会模糊治理、影响力和利润之间的界限。

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.

一些行业分析师还对政治人物在投机市场上拥有如此大的权力表示担忧，这可能会给监管机构带来重大挑战。

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.

总体而言，特朗普和梅拉尼娅的新表情包在利益冲突和外国影响方面存在一些潜在风险，一旦当选总统上任，就需要仔细审查。