唐纳德·特朗普推出 Meme 币 $TRUMP，立即增加了他的净资产

Donald Trump launched a multibillion-dollar meme coin just days before taking office and instantly saw his net worth balloon. But then, as the initial excitement passed, the value plunged and occasionally spiked again through the first roller-coaster hours of Trump’s second presidency.

唐纳德·特朗普在就职前几天推出了一枚价值数十亿美元的模因硬币，他的净资产立即膨胀。但随后，随着最初的兴奋过去，在特朗普第二任总统的头几个小时里，价值暴跌，有时又飙升。

Despite the optimism of some crypto enthusiasts that the $TRUMP coin’s debut Friday heralded a new era of automatic crypto riches, the value of the coin had plummeted to around half of its weekend high of $72.62 by the time Trump was sworn in Monday.

尽管一些加密货币爱好者乐观地认为特朗普币周五的首次亮相预示着加密货币自动致富的新时代的到来，但到特朗普周一宣誓就职时，该币的价值已暴跌至周末高点 72.62 美元的一半左右。

Meme coins have no intrinsic value or particular usefulness as a currency but serve more as a cultural signifier. They usually are based on an internet joke, such as the internet’s fascination with the doge dog (Dogecoin), or make use of a celebrity’s image. While real money can be made riding the speculative highs and lows of meme coin trading, it’s also one of the sectors of the crypto world most prone to bubbles and subsequent collapses.

模因币没有内在价值，也没有作为货币的特殊用途，但更多的是作为一种文化标志。它们通常基于互联网笑话，例如互联网对狗狗（Dogecoin）的迷恋，或利用名人的形象。虽然可以通过迷因硬币交易的投机性高点和低点赚到真正的钱，但它也是加密货币世界中最容易出现泡沫和随后崩溃的领域之一。

If the new $TRUMP coin is more of a way for crypto enthusiasts to signal their support for Trump—which might be the most coherent explanation for a type of crypto product that doesn’t have any point to it at all—the timing of this new Trump product was propitious. After announcing the coin’s creation Friday night at a party for the crypto industry to celebrate Trump’s inauguration, the price spiked to as high as $72.62. A total of 1 billion coins were created in an instant, so Trump’s ownership of an estimated 800 million of the new $TRUMP coins meant that his wealth almost instantly blew up from a bit less than $7 billion to possibly as much as $65 billion on the eve of his presidency.

如果新的特朗普币更多的是加密爱好者表达他们对特朗普支持的一种方式——这可能是对一种根本没有任何意义的加密产品最连贯的解释——那么这个时机特朗普的新产品是有利的。周五晚上，在庆祝特朗普就职的加密货币行业派对上宣布了该货币的诞生后，价格飙升至 72.62 美元。总共 10 亿枚代币在一瞬间被创造出来，因此特朗普拥有估计 8 亿枚新的 $TRUMP 代币，这意味着他的财富几乎立即从不到 70 亿美元猛增到可能高达 650 亿美元。他就任总统前夕。

But then the price started falling, and in the minutes shortly before Trump’s official inauguration, the price had fallen to just under $50. Following his inauguration at noon, the price plunged below $40, before rebounding slightly.

但随后价格开始下跌，在特朗普正式就职前不久，价格已跌至略低于 50 美元。在他中午就职后，价格跌破 40 美元，然后小幅反弹。

In theory, that’s still worth about $33 billion for Trump, but the volatility is a good indicator of how reliable of a source of wealth the coin really can be. With this product, no matter what the price, Trump’s holdings will have some value because there was no expense for him in creating it—and that value will be based on nothing but consumers’ interest in buying something (digital) with his name on it.

从理论上讲，这对特朗普来说仍然价值约 330 亿美元，但波动性很好地表明了该代币作为财富来源的真正可靠性。有了这个产品，无论价格是多少，特朗普持有的产品都会有一定的价值，因为他在创造它时不需要任何费用——而且这种价值将基于消费者对购买带有他名字的东西（数字）的兴趣。 。

On Monday, the Trumps announced that first lady Melania Trump had also created her own meme coin, $MELANIA, which hit a high of $13.05 but by early afternoon on Inauguration Day had fallen to $5.27.

周一，特朗​​普夫妇宣布，第一夫人梅拉尼娅·特朗普也创造了自己的模因币 $MELANIA，该币曾触及 13.05 美元的高点，但到就职日下午早些时候已跌至 5.27 美元。

Not everyone was thrilled with the creation of the memes—ethics expert Norm Eisen told the Washington Post that the coin was “the single worst conflict of interest in the modern history of the presidency.” Even some in the crypto community bristled at the idea, calling it a “horrible look” and “predatory,” noting that meme coins are generally speculative and essentially worthless.

并不是每个人都对模因的创建感到兴奋——道德专家诺姆·艾森告诉《华盛顿邮报》，这枚硬币是“现代总统历史上最严重的利益冲突”。甚至加密社区的一些人也对这个想法感到愤怒，称其为“可怕的外观”和“掠夺性”，并指出模因币通常是投机性的，本质上毫无价值。

Trump has promised to remake the US economy in the image of crypto, and his children have started a decentralized finance company—a platform for making financial transactions using crypto instead of a traditional banking institution—that Trump benefits from. However, as the websites for both $TRUMP and $MELANIA coins make clear, these are not serious investment vehicles.

特朗普承诺以加密货币的形式重塑美国经济，他的孩子们创办了一家去中心化金融公司——一个使用加密货币而不是传统银行机构进行金融交易的平台——特朗普从中受益。然而，正如 $TRUMP 和 $MELANIA 硬币的网站所表明的那样，这些都不是严肃的投资工具。

“Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP,’” a disclaimer on the $TRUMP coin website reads, “and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

“特朗普模因旨在表达对‘$TRUMP’符号所体现的理想和信仰的支持和参与，”$TRUMP 硬币网站上的免责声明写道，“并且无意于，或成为投资机会、投资合同或任何类型的证券的标的。”

The Melania Memes website puts it even more bluntly: “Melania Memes are intended for collecting and entertainment purposes only. They are not financial instruments or investments. Always do your own research and never invest more than you can afford to lose.”

Melania Memes 网站更直白地说：“Melania Memes 仅用于收藏和娱乐目的。它们不是金融工具或投资。一定要自己进行研究，投资永远不要超过你能承受的损失。”