唐纳德·特朗普（Donald Trump）的$特朗普模因硬币已经爆炸，消耗了数百万美元的投资

几乎没有人期望经历了六次破产的人唐纳德·特朗普（Donald Trump）对金钱有好处，但这仍然没有阻止他的支持者犯自己一生中最大的财务错误。

Donald Trump may be used to seeing businesses go bankrupt, but he might not have been prepared for the rapid collapse of his own meme coin.

唐纳德·特朗普（Donald Trump）可能习惯于看到企业破产，但他可能没有为自己的模因硬币的迅速崩溃做好准备。

Just three days ahead of his second inauguration, a meme coin specifically themed around Trump — $TRUMP — launched to mass interest from a very specific subset of the American populace. It was soon followed by a Melania-themed coin (also sporting an extremely creative name) and within hours, both were valued in the billions.

在他的第二次就职典礼前仅三天，围绕特朗普（$ trump）的一枚模因硬币（特朗普）从美国民众的一个非常具体的子集中发起了巨大的兴趣。随后是梅拉尼亚（Melania）主题的硬币（也具有极具创造性的名称），并且在几个小时内，两者都被价值数十亿美元。

The launch of both meme coins took the cryptocurrency community by surprise, even as $TRUMP in particular faced waves of warranted pushback. The coin, and most vitally Trump’s connection to it, courted widespread condemnation from ethics experts, who criticized the clear conflict of interest it posed. Those criticisms fell on predictably deaf ears, unfortunately, which left $TRUMP to skyrocket in value.

两种模因硬币的发射都使加密货币社区感到惊讶，即使特朗普特别面临着有保证的推回浪潮。硬币，也是特朗普与它的最重要的联系，对道德专家的广泛谴责，批评了明显的利益冲突。不幸的是，这些批评陷入了可预测的聋耳中，这使特朗普的价值飞涨。

For a few weeks, at least. Now that it’s been more than a month since the meme coin launched, it’s starting to lose value — and quickly. For tens of thousands of American citizens who invested in the Trump coin, reality is crashing down. For everyone else, this outcome is expected.

至少几个星期。既然自模因硬币推出以来已经有一个多月了，它已经开始失去价值。对于投资于特朗普硬币的成千上万的美国公民，现实正在崩溃。对于其他所有人来说，这是期望的。

In the immediate aftermath of $TRUMP’s launch on Jan. 17, 2025, the coin’s value shot up. An estimated 500 people — maybe even more — reportedly became millionaires overnight, but their new status was destined to be short-lived. The value of $TRUMP took an almost immediate hit when $MELANIA launched just two days later, on Jan. 19. It then continued to lose value as Trump fumbled through the first weeks of his second term, until it bottomed out just over a month after its launch.

在2025年1月17日特朗普推出$的情况下，硬币的价值提高了。据报道，估计有500人（也许更多）在一夜之间成为百万富翁，但他们的新身份注定是短暂的。 $梅拉尼亚（Melania）在两天后（1月19日）推出时，特朗普的价值几乎立即受到了打击。随着特朗普在第二任期的头几周摸索，它继续失去价值，直到它在推出后一个月以上，直到触底了。

The same happened to $MELANIA, the value of which has plummeted over the last few weeks. Estimates indicate that someone who invested $10,000 in $MELANIA at launch are looking at a value less than $700 now, and those are the lucky ones.

$ Melania也发生了同样的事情，其价值在过去几周内暴跌。估计表明，在发布时投资10,000美元的梅拉尼亚的人现在的价值不到700美元，而这些价值是幸运的。

The people who invested in $TRUMP may be poised to lose even more, as the value of the coin continues to plummet. Present estimates suggest that the coin has already lost around 80% of its value since launch, but that number continues to rise each day. The coin’s biggest plummet happened in late February, when it dropped from its original $15 billion value to a measly $2.7 billion. It’s lost a whopping $12 billion in the time since its launch, costing investors massively.

随着硬币的价值继续下降，投资于$特朗普的人可能会损失更多。目前的估计表明，自推出以来，硬币已经损失了其价值的80％左右，但是这个数字每天继续上升。硬币最大的下降发生在2月下旬，当时它的价值从最初的150亿美元下降到了27亿美元。自推出以来，它损失了120亿美元，这使投资者巨大的损失。

Trump, after years of criticizing Bitcoin (BTC) and cryptocurrency, had an about-face midway through his third presidential run. He suddenly became the crypto candidate, earning him some serious returns. While his own investments into the $TRUMP coin are also assumed to have lost a vast sum of money, it’s still assumed that the president will capitalize on the launch of the coin.

经过多年批评比特币（BTC）和加密货币的多年，特朗普在他的第三次总统竞选中大约是脸部。他突然成为加密货币候选人，赢得了一些认真的回报。尽管他自己对特朗普硬币的投资也被认为损失了一笔巨款，但仍然假设总统将利用这枚硬币的推出。

The rapid devaluation of the $TRUMP coin induced some analysts — and an abundance of private investors — to label the scheme as a “pump and dump,” or, more fittingly, a “pump and Trump.” That references a type of market manipulation scheme in which the price of something — like a stock or, in this case, a meme coin — is massively inflated to promote sales. Afterwards, the product is metaphorically “dumped,” and see its value plummet.

$特朗普硬币的迅速贬值引起了一些分析师和大量的私人投资者，将该计划标记为“泵和垃圾场”，或更恰当地是“泵和特朗普”。这引用了一种市场操纵计划，其中某种东西（例如股票或在这种情况下是模因硬币）的价格大大膨胀以促进销售。之后，该产品被隐喻地“倾倒”，并看到其价值下降。

Which lands a good 800,000 people in a terrible situation, even as the same folks who created this nightmare capitalize on their bad decisions. A New York Times analysis found that 813,294 wallets lost a full $2 billion thanks to $TRUMP, even as the man behind the curtain raked in millions.

在一个可怕的情况下，这使一个有80万人的人降落了，即使创建这场噩梦的人也利用了他们的错误决定。纽约时报的一项分析发现，由于特朗普的$ $，即使幕后的人在数百万美元的窗帘后面，有813,294个钱包损失了20亿美元。