模因硬币：受互联网模因启发的风险新热潮

模因硬币是一种受互联网模因或其他趋势启发的加密货币，估计每天创建40,000至50,000。

Trump Meme Coins: A Lighthearted (Yet Risky) Addition to the Crypto World

特朗普模因硬币：加密世界的轻松（但风险）

Readers may be aware that Trump, the 47th president of the United States, is a champion of cryptocurrency. Among other things, Trump made headlines in January with the launch of two meme coins, $TRUMP and $MELANIA, three days before his inauguration. Many would argue that his action wasn’t in the spirit of meme coin trading, took the fun out of meme trading, and highlighted potential risks.

读者可能知道，美国第47任总统特朗普是加密货币的拥护者。除其他事项外，特朗普在一月份推出了两个模因硬币，$ trump和$ melania，在他就职三天之前就成为头条新闻。许多人会争辩说，他的行动并不是符合模因硬币交易的精神，摆脱了模因交易的乐趣，并强调了潜在的风险。

Meme coins are a type of cryptocurrency inspired by internet memes or other trends, with an estimated 40,000 to 50,000 created daily. Anyone with a small amount of technical knowledge can create and launch a meme coin. Meme coins are literally made out of thin air.

模因硬币是一种受互联网模因或其他趋势启发的加密货币，估计每天创建40,000至50,000。任何具有少量技术知识的人都可以创建和推出模因硬币。模因硬币实际上是用稀薄的空气制成的。

Meme coins can normally be purchased on crypto-currency exchanges and sometimes directly from the meme coin creator. The website for Trump meme coins directs purchasers to the Moonshot app available on the App Store and Google Play.

模因硬币通常可以在加密货币交换上，有时直接从模因硬币创建者购买。 Trump Meme Coins的网站将购买者定向到App Store和Google Play上可用的Moonshot应用程序。

Unlike other cryptocurrencies, such as Bitcoin and Ethereum, which are designed to be used for payments, utility and other uses, meme coins are more for entertainment purposes. Meme coins are meant to be light-hearted, fun and not taken seriously. Popular meme coins include DOGECOIN, SHIBU INU and PEPE. PEPE was created as a tribute to Pepe the Frog, a humanoid frog cartoon character who became a popular internet meme in the early 2000s.

与其他加密货币（例如比特币和以太坊）不同，该货币被设计用于付款，公用事业和其他用途，模因硬币更多地用于娱乐目的。模因硬币本来可以轻松，有趣，而不是认真对待。流行的模因硬币包括Dogecoin，Shibu Inu和Pepe。佩佩（Pepe）是为对青蛙佩佩（Pepe the Frog）的致敬而创建的，这是一种人形青蛙卡通人物，在2000年代初成为流行的互联网模因。

While images are often associated with meme coins, for example, DOGECOIN and SHIBU INU both use images of a dog and PEPE uses a cartoon frog, meme coins are not NFTs (non-fungible tokens). One $TRUMP is the same as all the other $TRUMPs.

虽然图像通常与模因硬币相关联，例如，狗狗币和shibu inu都使用狗的图像，而Pepe则使用卡通蛙，但模因硬币不是NFTS（不可杀死的令牌）。一个$ trump与所有其他$ trump相同。

The playful nature of meme coins is reflected in the price of PEPE. Trading at just $0.000015, one US dollar buys 62,344 PEPE. Low-value coins like PEPE are often seen as harmless fun in the crypto world.

模因硬币的嬉戏性质反映在Pepe的价格中。交易价格仅为0.000015美元，一美元购买62,344 Pepe。在加密货币世界中，低价值硬币通常被视为无害的乐趣。

Not too many months ago, the thought of holding meme coins as a long-term investment would have been dismissed as fanciful.

不多的几个月前，将模因硬币作为长期投资的想法将被视为幻想。

But that changed with the release of $TRUMP and $MELANIA, which were initially sold at $6.50 and nearly $7 respectively. Notably, $TRUMP’s price surged to $73 per token, and at one stage more than $24 billion worth of $TRUMP was traded in 24 hours.

但是，随着$ trump和$ melania的发布而改变，最初以6.50美元和近7美元的价格出售。值得注意的是，特朗普的价格飙升至每个令牌73美元，在一个阶段，超过240亿美元的特朗普在24小时内交易。

$TRUMP and $MELANIA, as with other meme coins, are volatile. At the time of writing, $TRUMP trades around $27, a fall of over 60 percent from its $73 high, but still well above its initial sale price. $MELANIA has fared less well and is trading at $2.30, less than one third of its initial sale price.

$ trump和$ melania，与其他模因硬币一样，都动荡不安。在撰写本文时，特朗普的交易约为27美元，比其73美元高60％以上，但仍远高于其初始销售价格。 $ Melania的表现不佳，交易价格为2.30美元，不到其初始销售价格的三分之一。

The value of a meme coin is market driven. The high trading value of $TRUMP is hardly surprising given Trump’s immense name recognition and support in certain quarters, combined with $TRUMP’s strategic release just before his inauguration. The ability of people to purchase $TRUMP easily through an app on their phone no doubt fuelled the purchase of $TRUMP.

模因硬币的价值是市场驱动的。鉴于特朗普在某些方面的巨大名称认可和支持，再加上特朗普就职之前的战略释放，$特朗普的高交易价值就不足为奇了。人们通过手机上的应用轻松购买$ trump的能力无疑推动了购买$ trump的能力。

Of course, Trump is not the first to drive the value of meme coins through celebrity endorsement. Elon Musk’s comment in Mach 2024 that DOGE should be accepted as a payment method for Telsa vehicles saw the DOGECOIN price increase by 15 percent. Similarly, Musk’s change of Twitter’s blue bird logo to a Shiba Inu dog, often used with the DOGECOIN coin, saw a 30 percent spike in the DOGECOIN price.

当然，特朗普不是第一个通过名人认可来推动模因硬币价值的人。埃隆·马斯克（Elon Musk）在2024年马赫（Mach 2024）中的评论应被接受为Telsa车辆的付款方式，即Dogecoin价格上涨了15％。同样，马斯克将Twitter的蓝鸟徽标更改为经常与Dogecoin Coin一起使用的Shiba Inu狗的变化，狗狗币的价格上涨了30％。

But meme coins aren’t all fun and games. They risk legal scrutiny as they can blur the line with unregistered securities. If a meme coin is classed as a security (in New Zealand a ‘financial product’) stringent requirements must be met. On the official Trump Meme website the creators of $TRUMP are trying to position $TRUMP and $MELANIA as not being securities: “Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

但是模因硬币并不是所有的有趣和游戏。他们冒着法律审查的风险，因为他们可以用未注册的证券模糊界限。如果将模因硬币归类为安全性（在新西兰，“金融产品”），则必须满足严格的要求。在官方特朗普模因网站上，特朗普的创作者试图将$ trump $ trump和$ melania定位为不是证券的：“特朗普模因旨在表达对和互动的表达，并与之互动。符号“ $ trump”和相关的艺术品，并不是要成为任何类型的投资机会，投资合同或安全性的主题。”

Musk faced a $258 billion-dollar lawsuit over his public support of DOGECOIN, amid a claim that his comments made DOGECOIN increase by 36,000 percent over two years before letting it crash. However, even at DOGECOIN’s height, its value was well under $1.

马斯克因公众对Dogecoin的支持而面临2580亿美元的诉讼，因为他声称他的评论使Dogecoin在两年内增加了36,000％，然后才使其崩溃。但是，即使在Dogecoin的高度，它的价值也低于1美元。

Buyers beware. Extreme caution is required around meme coins. A sad but all too common feature of meme coins and cryptocurrency generally is

买家当心。模因硬币需要极大的谨慎。模因硬币和加密货币的悲伤但太常见的特征是