官方特朗普 Memecoin 巩固了 Solana 在加密货币和 DeFi 领域的主导地位

1 月 18 日，当选总统唐纳德·特朗普支持的“官方特朗普”（TRUMP）模因币在没有事先通知的情况下推出，令加密货币市场感到意外。

On Jan. 18, the cryptocurrency market was surprised by the launch of the “Official Trump” (TRUMP) memecoin, which is backed by President-elect Donald Trump and was released without prior notice.

1 月 18 日，加密货币市场对“特朗普官方”（TRUMP）模因币的推出感到惊讶，该币得到了当选总统唐纳德·特朗普的支持，并在没有事先通知的情况下发布。

The launch was announced on Trump’s social media accounts, which directed users to purchase the Solana token through a specified centralized intermediary and provided the contract address.

此次发布是在特朗普的社交媒体账户上宣布的，该账户引导用户通过指定的中心化中介机构购买 Solana 代币并提供合约地址。

The memecoin launch sparked a rally in Solana’s native token SOLUSD, pushing it to a new all-time high of $270. This surge raised questions among traders about whether SOL’s current market capitalization of $120 billion is sustainable and its implications for Ethereum ETHUSD, Solana’s main competitor.

memecoin 的推出引发了 Solana 原生代币 SOLUSD 的上涨，将其推至 270 美元的历史新高。这一飙升引发了交易者的疑问：SOL 目前 1200 亿美元的市值是否可持续，及其对 Solana 主要竞争对手以太坊 ETHUSD 的影响。

Ethereum had previously been perceived as Trump’s favorite due to its allocation within World Liberty Financial, a project closely associated with Trump, but the decision to launch Official Trump on the Solana network has raised eyebrows.

以太坊此前曾被认为是特朗普的最爱，因为它在与特朗普密切相关的世界自由金融项目中进行分配，但在 Solana 网络上推出官方特朗普的决定引起了人们的关注。

Adding to the intrigue was the timing of the launch, which coincided with the Trump-honoring "Crypto Ball,” a high-profile event that brought together industry leaders such as Michael Saylor of MicroStrategy, Coinbase CEO Brian Armstrong, the Winklevoss twins of Gemini, and David Sacks, Trump’s crypto and artificial intelligence adviser. The sold-out event took place just a few blocks from the White House in Washington, D.C.

更令人感兴趣的是发布的时机，恰逢特朗普纪念的“加密球”，这是一场备受瞩目的活动，云集了 MicroStrategy 的 Michael Saylor、Coinbase 首席执行官 Brian Armstrong、Gemini 的 Winklevoss 双胞胎等行业领袖和特朗普的加密货币和人工智能顾问戴维·萨克斯(David Sacks) 这场门票售罄的活动在距华盛顿特区白宫仅几个街区的地方举行。

Despite the competitive memecoin market, the “Official Trump” (TRUMP) token quickly reached a $6.9 billion market capitalization and was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin.

尽管模因币市场竞争激烈，但“官方特朗普”（TRUMP）代币的市值很快达到了 69 亿美元，并立即在包括 Bybit、Bitget 和 KuCoin 在内的主要交易所上市。

The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.

Memecoin 发行时流通量为 2 亿枚，总供应量高达 10 亿枚，其中 80% 分配给发行者。

The issuers reportedly deposited 44.4 million TRUMP tokens into single-sided liquidity pools, meaning no direct pairing with assets like stablecoins. The decentralized exchange Meteora (DEX) was chosen to manage the automated market-making (AMM) process alongside Jupiter DEX. The two largest liquidity pools were TRUMP-USDC, with a total value locked (TVL) of $483 million, and TRUMP-SOL, holding $67 million.

据报道，发行人将 4440 万枚 TRUMP 代币存入单边流动性池，这意味着不会与稳定币等资产直接配对。选择去中心化交易所 Meteora (DEX) 与 Jupiter DEX 一起管理自动做市 (AMM) 流程。最大的两个流动性池是 TRUMP-USDC，锁定总价值 (TVL) 为 4.83 亿美元，以及 TRUMP-SOL，持有 6700 万美元。

Currently trading at $24.60, the “Official Trump” (TRUMP) token is ranked as the 28th largest cryptocurrency by market capitalization, with trading volumes exceeding $7 billion across decentralized and centralized exchanges. For comparison, TRUMP's trading volume has surpassed Dogecoin (DOGE), the oldest memecoin and a sector leader with a $58 billion market cap. As a result, Solana’s decentralized platforms, such as Meteora and Raydium, saw significant benefits from the TRUMP token launch.The memecoin market overall experienced a negative impact as traders shifted their focus to the President-elect’s token. More than 200,000 users purchased “Official Trump” (TRUMP) directly through its official app, Moonshot, which facilitated nearly $400 million in trading volume. In contrast, Dogecoin dropped 6%, Shiba Inu (SHIB) fell 7.5%, PEPE declined by 10.5%, and Dogwifhat (WIF) saw an 8% decrease.

目前，“特朗普官方”（TRUMP）代币的交易价格为 24.60 美元，按市值排名第 28 位，在去中心化和中心化交易所的交易量超过 70 亿美元。相比之下，特朗普的交易量已经超过了狗狗币（DOGE），这是最古老的模因币，也是市值 580 亿美元的行业领导者。因此，Solana 的去中心化平台（例如 Meteora 和 Raydium）从 TRUMP 代币的推出中获益匪浅。随着交易者将注意力转向当选总统的代币，memecoin 市场整体遭受了负面影响。超过 20 万用户直接通过其官方应用程序 Moonshot 购买了“特朗普官方”（TRUMP），促成了近 4 亿美元的交易额。相比之下，狗狗币下跌 6%，柴犬 (SHIB) 下跌 7.5%，PEPE 下跌 10.5%，Dogwifhat (WIF) 下跌 8%。

For Ether holders, the event posed a double challenge. First, it strengthened Solana’s position as the go-to ecosystem for token launches. Second, it diminished expectations that the Trump administration might favor Ethereum, despite Trump’s previous connections to the Ethereum-based World Liberty Finance project.

对于以太坊持有者来说，该事件带来了双重挑战。首先，它巩固了 Solana 作为代币发行首选生态系统的地位。其次，它降低了人们对特朗普政府可能青睐以太坊的预期，尽管特朗普之前与基于以太坊的世界自由金融项目有联系。

Whether the “Official Trump” (TRUMP) token can maintain its price above $20 remains uncertain. Furthermore, for SOL price to break through $300, the Solana network must significantly expand its market share in terms of deposits and institutional adoption. This growth is also contingent on the approval of a Solana spot exchange-traded fund (ETF) by the US Securities and Exchange Commission, which remains a key catalyst for future gains.

“特朗普官方”（TRUMP）代币能否将其价格维持在 20 美元以上仍不确定。此外，要使 SOL 价格突破 300 美元，Solana 网络必须在存款和机构采用方面大幅扩大其市场份额。这一增长还取决于美国证券交易委员会批准 Solana 现货交易所交易基金 (ETF)，该基金仍然是未来收益的关键催化剂。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文仅供一般参考之用，无意也不应被视为法律或投资建议。这里表达的观点、想法和意见仅代表作者个人观点，并不一定反映或代表Cointelegraph的观点和意见。