$TRUMP 和 $MELANIA 代币：政治与加密货币交叉点的模因币现象

$TRUMP 和 $MELANIA 代币在唐纳德·特朗普就职前夕在 Solana 区块链上推出，迅速成为头条新闻，$TRUMP 飙升至 72 美元，$MELANIA 达到 12 美元

The crypto world is abuzz with the recent launch of the $TRUMP and $MELANIA tokens on the Solana blockchain. These meme coins, named after the former U.S. President and First Lady, have sparked a frenzy among speculators and raised questions about the future of crypto under a Trump presidency.

最近在 Solana 区块链上推出 $TRUMP 和 $MELANIA 代币，加密世界一片热闹。这些以美国前总统和第一夫人命名的模因币引发了投机者的狂热，并引发了人们对特朗普总统任期内加密货币未来的质疑。

The tokens were launched just before Donald Trump’s inauguration on January 17 and 19, respectively, following his bold promises during his campaign to turn the U.S. into the crypto capital of the world. Many initially dismissed the $TRUMP token as a scam or a hack on Trump’s social media accounts. But as it quickly became verified, it revealed itself to be a token of support for him. By Inauguration Day, the two coins had surged to a combined market value of $9.5 billion.

这些代币分别于 1 月 17 日和 1 月 19 日唐纳德·特朗普就职典礼之前推出，此前他在竞选期间大胆承诺将美国变成世界加密之都。许多人最初将 $TRUMP 代币视为骗局或对特朗普社交媒体帐户的黑客攻击。但随着此事很快得到证实，这表明这是对他的支持。截至就职日，这两种货币的总市值已飙升至 95 亿美元。

The buzz was undeniable as speculators jumped in, social media exploded, and questions started to arise. Was this Trump's way of signaling his crypto ambitions? Did they hold any real value, or were they just another speculative trend? And the most intriguing question– what does this mean for the future of crypto under a Trump presidency?

随着投机者的加入、社交媒体的爆炸性增长以及问题的出现，这种嗡嗡声是不可否认的。这是特朗普表达其加密货币野心的方式吗？它们是否具有任何真正的价值，或者它们只是另一种投机趋势？最有趣的问题是，在特朗普担任总统期间，这对加密货币的未来意味着什么？

Here's a closer look at the $TRUMP and $MELANIA tokens and their impact on the crypto landscape:

以下是对 $TRUMP 和 $MELANIA 代币及其对加密货币格局的影响的详细了解：

1. What are the $TRUMP and $MELANIA tokens?

1. 什么是 $TRUMP 和 $MELANIA 代币？

Meme coins thrive on community hype, and the $TRUMP and $MELANIA tokens are no exception. Launched on the Solana blockchain — a platform known for creating meme coins due to its attractive combination of high-speed transactions, low fees, and robust security features — the tokens made waves just before the official swearing-in to commemorate Trump’s pro-crypto stance. The tokens quickly grabbed headlines, with $TRUMP soaring to $72 and $MELANIA reaching $12, respectively.

Meme 币因社区炒作而蓬勃发展，$TRUMP 和 $MELANIA 代币也不例外。该代币在 Solana 区块链上推出，该平台以创造 meme 币而闻名，因其具有高速交易、低费用和强大的安全功能等极具吸引力的组合，这些代币在官方宣誓就职以纪念特朗普支持加密货币的立场之前引起了轰动。 。这些代币很快成为头条新闻，$TRUMP 飙升至 72 美元，$MELANIA 达到 12 美元。

However, unlike established cryptocurrencies like Bitcoin and Ethereum, which serve clear purposes within the blockchain ecosystem, these tokens lacked fundamental utility. As a result, their prices eventually plummeted to $38 and $4.

然而，与比特币和以太坊等在区块链生态系统中服务于明确目的的成熟加密货币不同，这些代币缺乏基本的实用性。结果，它们的价格最终暴跌至 38 美元和 4 美元。

2. Do the $TRUMP and $MELANIA tokens have any real-world use?

2. $TRUMP 和 $MELANIA 代币有实际用途吗？

Currently, there is no utility tied to the $TRUMP and $MELANIA tokens apart from their role as speculative assets. Unlike stablecoins, which facilitate transactions, or governance tokens, which grant voting rights in decentralized organizations, these meme coins are largely driven by market sentiment.

目前，除了作为投机资产的角色外，$TRUMP 和 $MELANIA 代币没有任何其他用途。与促进交易的稳定币或在去中心化组织中授予投票权的治理代币不同，这些模因币很大程度上是由市场情绪驱动的。

While Trump’s influence temporarily boosts demand, the absence of real-world use cases raises concerns about their long-term sustainability. Unless new developments introduce practical applications, the coins are likely to remain speculative assets subject to extreme price volatility.

虽然特朗普的影响力暂时提振了需求，但缺乏现实世界的用例引发了人们对其长期可持续性的担忧。除非新的发展引入实际应用，否则这些代币很可能仍然是投机资产，容易受到价格极端波动的影响。

3. Are the $TRUMP and $MELANIA tokens just another speculative frenzy?

3. $TRUMP 和 $MELANIA 代币只是另一种投机狂潮吗？

The sharp rise and fall of meme coins is a well-known phenomenon in the crypto market. Historically, tokens like Dogecoin and Shiba Inu have experienced explosive growth, only to suffer significant declines once the initial hype faded.

Meme 币的大幅上涨和下跌是加密货币市场中众所周知的现象。从历史上看，狗狗币和柴犬等代币经历了爆炸性增长，但一旦最初的炒作消退，就会出现大幅下跌。

The trajectory of $TRUMP and $MELANIA appears to follow a similar path. After an initial spike in price to $72 and $12, the coins have experienced a 55% decline in price as the initial excitement wanes.

$TRUMP 和 $MELANIA 的发展轨迹似乎遵循相似的路径。在价格最初飙升至 72 美元和 12 美元之后，随着最初的兴奋感减弱，这些代币的价格经历了 55% 的下跌。

Given the lack of inherent utility, these tokens are likely to follow the same pattern of boom and bust seen in other meme coin cycles.

由于缺乏内在的效用，这些代币很可能会遵循其他模因硬币周期中出现的相同的繁荣和萧条模式。

4. The $TRUMP and $MELANIA tokens: a comparison

4. $TRUMP 和 $MELANIA 代币：比较

The $TRUMP and $MELANIA tokens have taken the crypto world by storm, but how do they compare in terms of market capitalization, fully diluted valuation, and circulating supply? Here's a side-by-side analysis:

$TRUMP 和 $MELANIA 代币席卷了加密世界，但它们在市值、完全摊薄估值和流通供应量方面如何比较？这是一个并排分析：

- Market Cap: At the time of writing, the $TRUMP token boasts a market capitalization of $2.3 billion, while the $MELANIA token trails behind with a market cap of $1.2 billion. This disparity highlights the varying levels of demand and hype surrounding each token.

- 市值：截至撰写本文时，$TRUMP 代币的市值为 23 亿美元，而 $MELANIA 代币的市值为 12 亿美元，紧随其后。这种差异凸显了围绕每个代币的不同程度的需求和炒作。

- Fully Diluted Valuation (FDV): Both tokens have a fully diluted valuation of $7.2 billion, indicating the maximum potential market capitalization if all tokens are released into circulation. This metric is particularly relevant for tokens with a burning mechanism or plans for future token generation.

- 完全稀释估值（FDV）：两种代币的完全稀释估值均为 72 亿美元，表明所有代币投入流通后的最大潜在市值。该指标对于具有销毁机制或未来代币生成计划的代币特别相关。

- Tokens in Circulation: Currently, there are 60 million $TRUMP tokens and 100 million $MELANIA tokens in circulation. This circulating supply directly impacts the scarcity and price of each token.

- 流通中的代币：目前，有 6000 万个 $TRUMP 代币和 1 亿个 $MELANIA 代币在流通。这种循环供应直接影响每个代币的稀缺性和价格。

- Tokens Locked: Interestingly, both tokens have no locked tokens, suggesting that all minted tokens are immediately available for trading or other uses. This aspect aligns with the rapid pace of meme coin markets, where liquidity and quick price movements are highly valued.

- 代币锁定：有趣的是，两种代币都没有锁定代币，这表明所有铸造的代币都可以立即用于交易或其他用途。这与模因币市场的快速发展相一致，其中流动性和快速的价格变动受到高度重视。

- Price Comparison: Initially launching at $0.10, the $TRUMP token soared to a peak price of $72 during the height of the meme coin craze. On the other hand, the $MELANIA token, which started at $0.05, reached a maximum

- 价格比较：$TRUMP 代币最初以 0.10 美元发行，在 Meme 代币热潮最鼎盛时期飙升至 72 美元的峰值价格。另一方面，起价为 0.05 美元的 $MELANIA 代币达到了最高限额