特朗普和 MELANIA Memecoin 引起了加密行业内部人士的愤怒

唐纳德·特朗普 (Donald Trump) 在 2025 年就职前夕推出的备受争议且广受欢迎的 memecoin，是对特朗普最直言不讳的批评者之一，而这些人正是他可能希望吸引的加密货币爱好者。

Donald Trump's foray into the crypto realm has sparked mixed reactions within the industry. While some hail the move as a sign of endorsement for cryptocurrencies, others voice concerns over potential conflicts of interest and the trivialization of the sector.

唐纳德·特朗普进军加密货币领域引发了业内不同的反应。虽然一些人称赞此举是对加密货币认可的标志，但另一些人则对潜在的利益冲突和该行业的平凡化表示担忧。

Fresh off his 2025 inauguration, Trump has unveiled two new memecoins: TRUMP and MELANIA. The coins, named after the president and first lady, respectively, have ignited a firestorm of discussion in the crypto community.

刚刚结束 2025 年就职典礼的特朗普推出了两种新的模因币：特朗普和梅拉尼娅。这些硬币分别以总统和第一夫人的名字命名，引发了加密社区的激烈讨论。

TRUMP coin, launched on Jan. 17, saw a rapid surge in value, climbing from $7 to an all-time high of $75 within 24 hours before settling at $38. The coin's price movements have left some traders elated, with reports emerging of overnight gains in the millions.

特朗普币于 1 月 17 日推出，其价值迅速飙升，在 24 小时内从 7 美元攀升至 75 美元的历史新高，最后收于 38 美元。该代币的价格走势让一些交易员兴奋不已，有报道称该代币隔夜涨幅达数百万美元。

However, the astronomical rise has also sparked concern among industry insiders. The potential for conflicts of interest is a focal point of the backlash, with critics raising concerns that the token could enable individuals to curry favor with the president.

不过，天价上涨也引发了业内人士的担忧。潜在的利益冲突是强烈反对的焦点，批评者担心该代币可能使个人能够讨好总统。

According to X, former White House communications director turned crypto advocate Anthony Scaramucci voiced his apprehensions. “The most perilous aspect of Trump coin for the nation is what follows. Now, anyone globally can effectively deposit money into the bank account of the President of the United

据 X 报道，前白宫通讯主管、加密货币倡导者 Anthony Scaramucci 表达了他的担忧。 “特朗普硬币对国家来说最危险的方面如下。现在，全球任何人都可以有效地将钱存入美国总统的银行账户

States with just a few clicks. Every favor—be it geopolitical, corporate, or personal—is now openly for sale.”

只需点击几下即可获得状态。每一个恩惠——无论是地缘政治的、企业的还是个人的——现在都可以公开出售。”

The decision to launch a memecoin has also sparked broader criticism within the crypto industry. While memecoins have become a prominent use-case for blockchain technology, many developers argue they reinforce a get-rich-quick perception that undermines the sector's credibility.

推出模因币的决定也引发了加密行业内更广泛的批评。尽管模因币已成为区块链技术的一个重要用例，但许多开发商认为，它们强化了快速致富的观念，从而损害了该行业的可信度。

Gabor Gurbacs, founder of digital asset firm Pointsville, posted on X: “Trump needs to dismiss his crypto advisors, from top to bottom.”

数字资产公司 Pointsville 的创始人 Gabor Gurbacs 在 X 上发帖称：“特朗普需要从上到下解雇他的加密货币顾问。”

Specific concerns have been raised about the coin's distribution. According to blockchain analytics firm Bubblemaps, 80% of TRUMP tokens are concentrated in a small number of blockchain addresses controlled by CNC Digital, the firm that launched the coin. Such concentration is a hallmark of potential "pump-and-dump" schemes, where insiders inflate a token’s value before selling off their holdings, leaving other investors with losses.

人们对硬币的分配提出了具体的担忧。根据区块链分析公司 Bubblemaps 的数据，80% 的 TRUMP 代币集中在由该货币发行公司 CNC Digital 控制的少数区块链地址中。这种集中度是潜在“拉高抛售”计划的一个标志，即内部人士在抛售所持代币之前抬高代币的价值，从而使其他投资者蒙受损失。

There's no evidence that Trump's team plans to "dump" its tokens. Nicolas Vaiman, CEO of Bubblemaps, noted to CoinDesk that the distribution of TRUMP tokens at least matched what was outlined on its official website. Additionally, the insider-held tokens align with prior distributions of Trump's NFT trading cards, which were also managed by CNC Digital, meaning the tokens may be reserved for the president's NFT holders.

没有证据表明特朗普团队计划“抛售”其代币。 Bubblemaps 首席执行官 Nicolas Vaiman 向 CoinDesk 指出，TRUMP 代币的分布至少与其官方网站上概述的相符。此外，内部持有的代币与特朗普 NFT 交易卡的先前分配一致，这些卡也由 CNC Digital 管理，这意味着这些代币可能会保留给总统的 NFT 持有者。

However, the same transparency does not apply to MELANIA. According to Bubblemaps, about 89% of MELANIA tokens are controlled by insiders. The on-chain supply does not match an official distribution breakdown on the token's website, which earmarked 35% of tokens for "public distribution" and "community."

然而，同样的透明度并不适用于 MELANIA。根据 Bubblemaps 的数据，约 89% 的 MELANIA 代币由内部人士控制。链上供应与代币网站上的官方分配细目不符，该网站指定 35% 的代币用于“公共分配”和“社区”。

According to Vaiman, the First Lady's memecoin has cast a shadow over the original TRUMP coin. “TRUMP could have been a statement from President Trump saying, ‘I endorse crypto,'” Vaiman said. “Melania launching her tokens feels like they just want to make as much money as they can on this, and then forget about it. It gives this a different flavor.”

据维曼称，第一夫人的模因币给原来的特朗普币蒙上了阴影。 “特朗普可能是特朗普总统的一份声明，说‘我支持加密货币’，”瓦伊曼说。 “梅拉尼娅推出她的代币感觉就像他们只是想以此赚尽可能多的钱，然后就忘记它了。它赋予了这一切不同的味道。”