在一系列内幕交易和地毯丑闻之后，Solana Meme Coin市场崩溃了

涉及内幕交易，地毯和市场操纵的引人注目的争议对于Sol和Meme Coin交易者来说是个坏消息。

A series of high-profile controversies involving meme coins, rug-pulls and insider trading have left a sour taste in the mouths of crypto investors.

一系列引人注目的争议涉及模因硬币，地毯和内幕交易，在加密投资者的口中留下了酸味。

If you've been following the cryptocurrency markets closely over the last few weeks, you'll no doubt have seen the ongoing furore over a series of controversial meme coins that have crashed and burned in spectacular fashion.

如果您在过去几周中一直在密切关注加密货币市场，那么毫无疑问，您已经看到了一系列有争议的模因硬币正在持续的愤怒，这些硬币崩溃并以壮观的方式崩溃了。

Such is the scale of the controversy, it's even embroiled actual presidents (and not just former US president Donald Trump).

这就是争议的规模，甚至是卷入实际的总统（不仅是前美国总统唐纳德·特朗普）。

While claims of insider trading and market manipulation have plagued the cryptocurrency industry for years, the latest scandals present an existential threat to Solana and crypto as a whole.

尽管有关内部贸易和市场操纵的主张一直困扰着加密货币行业多年来，但最新的丑闻对整个索拉纳和加密货币构成了生存威胁。

Here's a quick primer for those who haven't been following the story.

对于那些尚未关注这个故事的人来说，这是一个快速入门。

Solana, one of the most popular cryptocurrency networks, has become the de facto home of meme coins.

Solana是最受欢迎的加密货币网络之一，已成为Meme Coins的事实上的故乡。

Meme coins are a type of cryptocurrency that are mostly created as a joke and not intended to have any real utility.

模因硬币是一种加密货币，主要是作为笑话而创建的，而不是打算拥有任何真正的效用。

Solana's fast transactions and low fees and the launch of platforms like pump.fun make it easy for anyone to launch their own coin.

索拉纳（Solana）的快速交易和低费用以及诸如pump.fun之类的平台的推出，使任何人都可以轻松推出自己的硬币。

This has led to thousands of new meme coins being created every day, with most failing to gain any traction, but some managing to catapult to billions of dollars in value.

这导致每天都会创建成千上万的新模因硬币，其中大多数没有获得任何吸引力，但有些人设法弹出了数十亿美元的价值。

The most notable example was the launch of the official Donald Trump meme coin ($TRUMP) days before he was inaugurated as US president in January.

最值得注意的例子是唐纳德·特朗普（Donald Trump）官方的模因硬币（$ trump）在一月份被任命为美国总统之前。

This was then followed by the launch of the official Melania Trump meme coin ($MELANIA) days later.

随后，几天后官方的梅拉尼亚·特朗普·梅米硬币（$ Melania）推出了这一点。

Both skyrocketed to multi-billion dollar valuations within hours, before plummeting soon after.

两者都在几个小时内飙升至数十亿美元的估值，然后不久之后就暴跌。

Given the volatile nature of their price movement and clear links to the Trump family, accusations of insider trading soon followed.

鉴于其价格变动的动荡性和与特朗普家族的明确联系，很快就进行了内幕交易的指控。

Some early investors made millions of dollars in profit, leaving many others likely to have lost money.

一些早期的投资者赚了数百万美元的利润，而其他许多人可能损失了钱。

But it's the latest high profile meme coin launch that has sent shockwaves through the crypto industry and may signal the end of the Solana meme coin market.

但这是最新的知名模因硬币发布，它通过加密货币行业造成了冲击波，并可能标志着Solana Meme Coin Coin Market的终结。

Last weekend, a meme coin called Libra ($LIBRA) launched on the Solana network.

上周末，在Solana Network上推出了一个名为Libra（$ libra）的模因硬币。

30 minutes later, Argentinian president Javier Milei's official X/Twitter account announced that the Libra meme coin was a project to help fund Argentinian entrepreneurs and shared the contract address, an identification number that is needed in order to trade a cryptocurrency.

30分钟后，阿根廷总统Javier Milei的官方X/Twitter帐户宣布，天秤座的模因硬币是一个项目，旨在帮助资助阿根廷企业家并共享合同地址，这是为了交易加密货币所需的识别号。

As a result, the price of Libra quickly shot up to US$4.45, giving it a market capitalisation of more than US$4 billion.

结果，天秤座的价格迅速达到4.45美元，使其市值超过40亿美元。

It then crashed more than 95% within hours as early investors sold their coins for huge profits.

随后，由于早期投资者以巨额利润出售了硬币，因此它在几个小时内崩溃了95％。

Milei then publicly withdrew his support for the project and his account deleted the earlier posts.

然后，麦利公开撤回了对该项目的支持，他的帐户删除了较早的职位。

According to some analysis by Argentine crypto specialist Fernando Molina, while early investors made millions, around 75% of investors in Libra lost money.

根据阿根廷加密货币专家费尔南多·莫利纳（Fernando Molina）的一些分析，尽管早期投资者赚了数百万美元，但大约有75％的天秤座投资者损失了钱。

But that was just the start of the story.

但这只是故事的开始。

At the centre of the controversy is Hayden Davis, a crypto insider who has helped facilitate many of the highest-profile memecoin launches, including MELANIA and LIBRA.

争议的中心是海顿·戴维斯（Hayden Davis），他是加密货币内部人士，他帮助促进了包括Melania和Libra在内的许多最高的Memecoin发射。

In an illuminating interview with crypto journalist Stephen Findeisen (known as Coffeezilla), Davis claims he made more than US$100 million from launching and selling Libra tokens.

戴维斯在接受加密记者史蒂芬·findeisen（称为咖啡）的启发采访中声称，他通过推出和出售天秤座代币而赚了1亿美元。

Davis effectively admitted to a number of very serious (and likely illegal) actions, including insider trading and market manipulation.

戴维斯有效地承认了许多非常严重的（可能是非法的）行动，包括内幕交易和市场操纵。

He also implicated a number of others, including people involved in Solana and Meteora, the decentralised exchange used to launch Libra.

他还牵涉到其他许多人，包括参与Solana和Meteora的人，这是用于推出天秤座的分散交易所。

His admissions seem to confirm what many crypto investors have long suspected - that most high profile meme coins are created and launched by a series of insiders.

他的录取似乎证实了许多加密投资者长期以来一直怀疑的东西 - 大多数知名模因硬币都是由一系列内部人员创建和推出的。

These insiders are able to invest very early, often in cahoots with the platforms they launch on, and then "dump" their coins for huge profits once the coin launches and regular retail investors start buying.

这些内部人士能够很早就投资，通常会与他们推出的平台一起使用，然后在硬币推出并定期开始购买后“倾倒”硬币以获得巨额利润。

To make matters worse, Davis admitted to refunding certain high-profile investors who may have lost money on Libra, including internet personality Dave Portnoy.

更糟糕的是，戴维斯承认退还了可能在天秤座上损失资金的某些备受瞩目的投资者，包括互联网个性的戴夫·波特诺伊（Dave Portnoy）。

Further revelations show Davis had bragged about having the ear of Argentinian president Milei because he had been sending payments to Milei's sister Karina.

进一步的启示表明，戴维斯吹嘘要拥有阿根廷总统米利的耳朵，因为他一直在向米利的姐姐卡琳娜寄来付款。

Milei is also facing impeachment calls over his involvement in the scandal.

麦莉（Milei）也面临弹each的呼吁，因为他参与了丑闻。

Ben Chow, the Meteora co-founder, also resigned on Monday as a result of the Libra controversy, but denied any wrongdoing.

Meteora联合创始人Ben Chow周一也因天秤座的争议而辞职，但否认有任何不当行为。

Solana and meme coins have been one of the few crypto market success stories over the last 2 years.

在过去的两年中，Solana和Meme硬币一直是加密市场成功案例的少数几个。

With investors generally needing to buy the Solana token ($SOL) to trade meme coins, the price of SOL rose from less than US$20 in late 2023 to more than US$250 by early 2025.

由于投资者通常需要购买Solana代币（$ SOL）来交易模因硬币，因此Sol的价格从2023年末的20美元不到20美元，到2025年初的250美元以上。

But the crypto markets have endured a tough time since the launch of the $TRUMP meme coin in January, and this latest controversy has damaged sentiment even further.

但是，自1月份$特朗普的模因硬币推出以来，加密货币市场已经持续了一个艰难的时期，这一最新争议进一步损害了情绪。

With more than 99% of investors reportedly losing

据报道，超过99％的投资者失去了