当模因硬币和政客发生冲突时，阿根廷的经济感到痛苦

一个模因可以价值一千个字，或数百万美元。但是在混乱的模因硬币世界中，该价值可以尽快蒸发。

Argentina’s financial markets took a hit this week after a meme coin project linked to President Javier Milei crashed spectacularly.

在与总统哈维尔·米利（Javier Milei）相关的一个模因硬币项目坠毁之后，阿根廷的金融市场在本周受到了打击。

The Libra token ($LIBRA), which was heavily promoted on Milei’s social media channels and by high-profile supporters, surged in value as speculators piled in.

天秤座令牌（$ libra）在麦莉的社交媒体渠道和备受瞩目的支持者上大量推广，随着投机者的堆积价值飙升。

But the project’s social media pages were abruptly deleted on Thursday, triggering a panic-driven collapse in the token’s price. Investors who had purchased the coin, believing it to be a Milei-backed venture, were left reeling.

但是该项目的社交媒体页面在周四突然被删除，引发了令牌价格的恐慌崩溃。购买了硬币的投资者，认为它是一家由麦利的企业，被拖延了。

Meanwhile, Milei and his government officials swiftly distanced themselves from Libra, maintaining that they had no formal involvement in its creation or operations.

同时，麦莉和他的政府官员迅速与天秤座远距离距离，并坚持认为他们没有正式参与其创建或行动。

But the incident highlights the broader risks of political figures playing in the crypto space, especially when it comes to meme coins. Milei’s brand is closely associated with cryptocurrency and anti-establishment economics, which made Libra particularly resonant for his supporters.

但是，该事件突出了在加密货币空间中扮演的政治人物的更广泛风险，尤其是在模因硬币方面。 Milei的品牌与加密货币和反建制经济学密切相关，这使天秤座的支持者特别共鸣。

As a result, investors saw the coin not just as another meme token, but as a symbolic extension of Milei’s vision for a crypto-friendly Argentina.

结果，投资者不仅将硬币视为另一个模因象征，而且是米勒对加密友好型阿根廷的愿景的象征性延伸。

When the project inevitably crashed, the impact extended far beyond Telegram trading groups and crypto forums. Argentina’s stock market dropped, currency markets reacted, and regulators were left scrambling to contain another credibility crisis.

当项目不可避免地崩溃时，影响远远超出了电报交易小组和加密论坛。阿根廷的股市下跌，货币市场做出了反应，监管机构争先恐后地遏制了另一个可信度危机。

Meme coins, by their very nature, are highly speculative. Unlike Bitcoin or Ethereum, which have developed real-world utility despite their volatility, meme coins exist almost exclusively as financial fads.

模因硬币本质上是高度投机的。与比特币或以太坊不同的是，尽管它们的波动性波动了，但模因硬币几乎完全作为金融时尚而存在。

Their value is tied not to technological innovation, but to the personalities and cultural moments that give them life. They thrive on hype, but that hype has a short shelf life. And once the momentum fades, so does the liquidity.

它们的价值不是与技术创新有关的，而是与赋予他们生命的个性和文化时刻有关。他们在炒作上壮成长，但这种炒作的保质期短。一旦势头逐渐消失，流动性也会消失。

The Hawk Tuah coin collapse followed this pattern precisely: a viral moment, a social media-fueled price surge, a rug pull, and then widespread losses.

霍克·图阿（Hawk Tuah）硬币崩溃遵循了这种模式：一个病毒时刻，社交媒体促成的价格飙升，地毯拉力，然后造成了广泛的损失。

Welch’s case was largely a cautionary tale for retail traders who had hoped for quick profits. But Libra’s collapse carries a far greater risk.

对于希望快速利润的零售商人来说，韦尔奇的案子在很大程度上是一个警示性的故事。但是天秤座的崩溃具有更大的风险。

When a nation’s leader becomes linked to crypto speculation, even indirectly, it can have consequences that go beyond individual losses.

当一个国家的领导人与加密货币推测联系在一起时，即使是间接的，它可能会带来超越个人损失的后果。

While Milei and his administration have denied any formal connection to Libra, the incident raises deeper questions about the role of political figures in financial speculation.

尽管麦莉和他的政府否认与天秤座的任何正式联系，但该事件对政治人物在金融投机中的作用提出了更深入的疑问。

Even if Milei was not directly involved, his association with the project lent it credibility in the eyes of retail investors. And unlike everyday traders who lost their money in the crash, he walks away unscathed.

即使Milei没有直接参与，他与该项目的关联在零售投资者眼中也使IT信誉也是如此。与在坠机事故中损失钱的日常交易者不同，他毫发无损地走开了。

The pattern is clear. Crypto’s wild west continues to claim victims, but never the people whose faces are used to sell the dream. Investors should take note.

模式很清楚。加密货币的野生西部继续夺取受害者，但从来没有被用来出售梦想的人。投资者应该注意。