美国当选首位“加密货币总统”特朗普正在树立榜样，向世界展示 MemeCoin 如何改写世界资本市场规则

1 月 18 日，即就职典礼前两天，特朗普在他的 Truth Social 和 X 账户上推出了自己的“官方”Memecoin TRUMP，震惊了世界。

Author: Liam

作者：利亚姆

After being sworn in as the 47th President of the United States on January 20, Donald Trump made history again by becoming the first U.S. president to issue his own cryptocurrency.

1 月 20 日宣誓就任美国第 47 任总统后，唐纳德·特朗普再次创造历史，成为第一位发行自己的加密货币的美国总统。

On January 18, two days before his inauguration, Trump unveiled his own “official” Memecoin, TRUMP, via his Truth Social and X accounts.

1 月 18 日，即就职典礼前两天，特朗普通过他的 Truth Social 和 X 账户推出了自己的“官方”Memecoin TRUMP。

"My new official Trump emoji pack is here!" Trump wrote on his social media platform Truth Social. "It's time to celebrate everything we stand for: victory! Join my special Trump community. Come get your Trump emoji pack now."

“我的新官方特朗普表情包来了！”特朗普在他的社交媒体平台Truth Social上写道。 “是时候庆祝我们所代表的一切了：胜利！加入我的特别特朗普社区。现在就来领取你的特朗普表情包吧。”

Initially, the crypto community questioned the token's legitimacy, with some suggesting it could be a hack or a social engineering scheme. Even Elon Musk was unsure whether Trump's X account had been hacked. However, as Trump's posts remained online and data from Polymarket showed a 10% chance that the account had been compromised, the doubts began to fade and the token's price continued to rise.

最初，加密社区质疑该代币的合法性，一些人认为这可能是黑客攻击或社会工程计划。就连埃隆·马斯克也不确定特朗普的 X 账户是否被黑客入侵。然而，由于特朗普的帖子仍在网上，并且 Polymarket 的数据显示该账户被盗的可能性为 10%，疑虑开始消退，代币的价格继续上涨。

TRUMP opened at $0.1824 but gained more than 15,000% in 12 hours and was trading around $30 as of 10 a.m. ET, 12 hours after the token was issued.

TRUMP 开盘价为 0.1824 美元，但在 12 小时内上涨超过 15,000%，截至美国东部时间上午 10 点（即代币发行 12 小时后），交易价格约为 30 美元。

In the 12 hours since its launch, the market value of the MemeCoin project has soared to $30 billion, about three times the market value of Trump Media Technology Group DJT (about $8.7 billion). This is an exponential growth process, with its market value rising by $1 billion every few minutes.

上线12小时内，MemeCoin项目市值已飙升至300亿美元，约为特朗普媒体科技集团DJT市值（约87亿美元）的三倍。这是一个指数级的增长过程，其市值每几分钟就会上涨10亿美元。

According to estimates by blockchain analysis platform Arkham Intelligence, "Crypto President" Trump's net worth skyrocketed to $28 billion overnight, thanks to the virtual currency "TRUMP" issued by Trump, which increased his estimated net worth by 400%. Trump's affiliated companies CIC Digital LLC and Fight Fight Fight LLC control 80% of the supply, and the value of his cryptocurrency holdings alone has soared to $22.4 billion. Forbes valued Trump's net worth at $5.6 billion last November.

据区块链分析平台Arkham Intelligence测算，“加密货币总统”特朗普的身家一夜暴涨至280亿美元，这得益于特朗普发行的虚拟货币“TRUMP”，使他的预估身家增加了400%。特朗普的关联公司 CIC Digital LLC 和 Fight Fight Fight LLC 控制着 80% 的供应量，仅他持有的加密货币价值就飙升至 224 亿美元。去年 11 月，《福布斯》对特朗普的净资产估值为 56 亿美元。

An industry investor said that because of cryptocurrencies, Trump and his family made more money in the past 12 hours than they did in the past 50 years. This may explain why he is so supportive of cryptocurrencies? The price of cryptocurrencies has not been taken into account. Under Trump's leadership, the price of cryptocurrencies will continue to rise.

一位行业投资者表示，因为加密货币，特朗普及其家人在过去12小时内赚的钱比过去50年赚的钱还要多。这或许可以解释为什么他如此支持加密货币？尚未考虑加密货币的价格。在特朗普的领导下，加密货币的价格将持续上涨。

"80% of the token supply is locked in a multi-signature wallet, worth $3 billion, controlled by the creator, who has also added $40 million in liquidity," Conor Grogan, head of product business operations at Coinbase, said in an article published on X. He added that the project received millions of dollars in seed funding from Binance and Gate, two exchanges that do not serve U.S. customers. Other analysts have pointed out that 80% of the token's circulating supply is allocated to Fight Fight Fight LLC and CIC Digital LLC, which are associated with the Trump Organization, and only 20% of the supply is evenly distributed between public investors and liquidity.

Coinbase 产品业务运营主管 Conor Grogan 在一篇文章中表示：“80% 的代币供应被锁定在多重签名钱包中，价值 30 亿美元，由创建者控制，创建者还增加了 4000 万美元的流动性。”他补充说，该项目从币安和 Gate 获得了数百万美元的种子资金，这两家交易所不为美国客户提供服务。其他分析师指出，该代币流通供应量的 80% 分配给与特朗普组织有关联的 Fight Fight Fight LLC 和 CIC Digital LLC，只有 20% 的供应量平均分配给公共投资者和流动性。

While Trump controls the vast majority of tokens, they remain locked, meaning the U.S. president is unlikely to “rip off” his millions of most loyal fans… at least for now.

虽然特朗普控制着绝大多数代币，但它们仍然处于锁定状态，这意味着美国总统不太可能“欺骗”他数百万最忠实的粉丝……至少目前是这样。

Additionally, while the memecoin associated with Solana pushed Solana’s market cap to a record $118 billion, the price of Ethereum, a major source of liquidity, saw an offsetting decline, with its market cap falling 5% overnight, losing about $240 billion in value.

此外，虽然与 Solana 相关的 memecoin 将 Solana 的市值推至创纪录的 1180 亿美元，但主要流动性来源以太坊的价格却出现了抵消性下跌，其市值一夜之间下跌了 5%，价值损失了约 2400 亿美元。

Trump's comments come as the president-elect continues to support cryptocurrency initiatives. He was outspoken about his skepticism of cryptocurrencies, but did a 180-degree turn during the campaign, promising to reshape the U.S. cryptocurrency landscape and make the U.S. the "crypto capital of the world." Trump nominated Paul Atkins to serve as chairman of the Securities and Exchange Commission (SEC), who is expected to lead these efforts. Atkins, a well-known cryptocurrency advocate and former SEC commissioner, will replace Gary Gensler, who has been criticized for cracking down on the industry.

特朗普发表此番言论之际，这位候任总统继续支持加密货币倡议。他直言不讳地表达了对加密货币的怀疑，但在竞选期间却来了180度大转变，承诺重塑美国加密货币格局，让美国成为“世界加密货币之都”。特朗普提名保罗·阿特金斯担任美国证券交易委员会（SEC）主席，预计他将领导这些工作。著名的加密货币倡导者、前 SEC 专员阿特金斯将接替因打击该行业而受到批评的加里·詹斯勒 (Gary Gensler)。

Finally, while many are excited to join the biggest momentum trade of all time, which has even overshadowed social media phenomena like Gamestop and AMC, some like Bloomberg ETF’s senior analyst are skeptical, arguing that this particular attempt by Trump “seems exploitative” and is “an unforced mistake that's happening.”

最后，虽然许多人对加入有史以来最大的动量交易感到兴奋，这甚至掩盖了 Gamestop 和 AMC 等社交媒体现象，但彭博 ETF 的高级分析师等一些人对此表示怀疑，认为特朗普的这一特殊尝试“似乎是剥削性的”，并且是一种“剥削”行为。 “正在发生的非受迫性错误。”

Whether he is right or wrong depends on how long it takes for this bubble to burst.

他是对还是错，取决于这个泡沫需要多长时间破灭。

Putting aside the bubble theory, we will think about the significance of the first "presidential currency issuance" moment in world history?

抛开泡沫理论，我们会思考世界历史上第一个“总统货币发行”时刻的意义？

Global macro investor Raoul Pal said that the signal here is the speed and simplicity of capital

全球宏观投资者Raoul Pal表示，这里的信号是资本的速度和简单性