特朗普的模因币是他利用漏洞积累财富和权力的职业生涯的完美上限

在 11 月赢得大选和周一就职典礼之间的某个时刻，唐纳德·特朗普 (Donald Trump) 似乎从一个不太可能的来源中获得了灵感：“霍克·图阿女孩”哈莉·韦尔奇 (Haliey Welch)。

Donald Trump has announced the launch of his own meme coin, $TRUMP, during a weekend of crypto events in Washington, D.C.

唐纳德·特朗普在华盛顿特区的加密货币活动周末期间宣布推出自己的模因币 $TRUMP

The coin, which is available for purchase on the Trump website, began trading at around $6.50 and quickly rose to a high of $74.59 on Sunday. However, its value plummeted to around $40 on Monday, where it remains at the time of this writing. According to CoinMarketCap, the coin has a market capitalization of $8.6 billion.

该代币可在特朗普网站上购买，最初交易价格约为 6.50 美元，并在周日迅速升至 74.59 美元的高位。然而，周一其价值暴跌至 40 美元左右，截至撰写本文时仍保持在该水平。根据 CoinMarketCap 的数据，该代币的市值为 86 亿美元。

Trump announced the coin during the Crypto Ball in Washington, D.C., which was hosted by his newly appointed crypto czar, the billionaire and podcaster David Sacks.

特朗普在华盛顿特区举行的加密舞会上宣布了这种加密货币，该舞会由他新任命的加密货币沙皇、亿万富翁兼播客大卫·萨克斯主持。

“My NEW Official Trump Meme is HERE!” Trump wrote on Telegram. “It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Fun!”

“我的新官方特朗普表情包就在这里！”特朗普在 Telegram 上写道。 “是时候庆祝我们所代表的一切了：胜利！加入我非常特别的特朗普社区。立即获取您的 $特朗普。访问 http://gettrumpmemes.com — 玩得开心！”

The fun began at the low, low price of nearly $6.50 and rose to a high of $74.59 on Sunday. A day later, its value had plummeted to around $40, where it remains at the time of this writing. The coin’s market cap, according to CoinMarketCap, is currently $8.6 billion.

乐趣从接近 6.50 美元的低点开始，并在周日升至 74.59 美元的高点。一天后，其价值暴跌至 40 美元左右，截至撰写本文时仍保持在该水平。根据 CoinMarketCap 的数据，该代币的市值目前为 86 亿美元。

Trump wasn’t the only member of the first family to launch a meme coin over the weekend, though. First Lady Melania Trump announced hers on Sunday, and its trajectory has been similarly volatile. (The pastor who delivered the benediction after Trump’s swearing-in ceremony on Monday has also reportedly launched a meme coin, though it hasn’t exactly reached the same heights.)

不过，特朗普并不是第一家庭中唯一在周末推出模因币的成员。第一夫人梅拉尼娅·特朗普周日宣布了她的决定，其发展轨迹也同样不稳定。 （据报道，周一在特朗普宣誓就职仪式后发表祝福的牧师也推出了一枚表情包硬币，尽管它还没有达到同样的高度。）

On brand as always

一如既往地注重品牌

Lest anyone suggest the meme coin was a last-second effort to capitalize on his electoral victory as a private citizen before taking office, Trump has continued to promote it as recently as his second night back in the White House.

为了避免有人认为这款模因币是他在就职前以普通公民身份利用选举胜利的最后一秒的努力，特朗普在回到白宫的第二天晚上就继续宣传它。

Based on the value Trump’s coin accrued, some supporters must have been excited about it–beyond the opportunity for speculative investment. Others on the right have voiced concerns.

根据特朗普硬币的增值价值，一些支持者一定对此感到兴奋——超出了投机性投资的机会。其他右翼人士也表达了担忧。

Sports founder Dave Portnoy, who endorsed Trump, posed the following question on Telegram: “What’s the difference between the Hawk Tuah coin and the Trump coin besides nothing?”

支持特朗普的体育创始人戴夫·波特诺伊(Dave Portnoy)在Telegram上提出了以下问题：“Hawk Tuah硬币和特朗普硬币除了没有什么区别之外，还有什么区别？”

Meanwhile, Michael A. Gayed, a market analyst with a popular Substack, wrote on Telegram that the meme coin “made me lose a lot of respect for our coming president.”

与此同时，受欢迎的 Substack 的市场分析师迈克尔·A·盖耶德 (Michael A. Gayed) 在 Telegram 上写道，迷因币“让我对我们即将上任的总统失去了很多尊重”。

And in an interview with The Atlantic, prominent crypto investor Nic Carter complained that Trump’s meme coin “exposed the worst parts of the crypto industry to the public eye in a way that really didn’t need to happen, right when we were on the cusp of legitimacy.”

在接受《大西洋月刊》采访时，著名加密货币投资者尼克·卡特 (Nic Carter) 抱怨称，特朗普的迷因币“以一种真正不需要发生的方式将加密行业最糟糕的部分暴露在公众眼前，而就在我们正处于风口浪尖时的合法性。”

While their grievances are merited, Trump’s supporters in this space would be naïve to expect Trump would advocate for only the most above-board aspects of crypto, whatever those may be. It would also be ahistorical to expect he’d restrict that support to mere advocacy.

虽然他们的不满是有道理的，但特朗普在这个领域的支持者天真地认为特朗普只会提倡加密货币最光明正大的方面，无论这些方面是什么。期望他将这种支持仅限于倡导也是不符合历史的。

Trump is notorious for leveraging his brand to enrich himself in ways that could charitably be called questionable, from both a moral and legal standpoint.

特朗普因利用自己的品牌来充实自己而臭名昭著，而从道德和法律的角度来看，这些方式都可能被慈善地称为有问题的。

Immediately after winning the presidency in 2016, he paid $25 million to settle a class action lawsuit alleging deceptive practices within his Trump University.

2016 年赢得总统职位后，他立即支付了 2500 万美元来了结一项集体诉讼，指控他的特朗普大学内部存在欺骗行为。

Earlier, during his run on The Apprentice, he made millions endorsing multi-level marketing outfit ACN, and featuring it on the show. (A show, it should be noted, about making savvy business moves.) Trump and his children would later be sued for fraud over their involvement. Though the ACN fraud case was dismissed just last year, a judge threw it out on jurisdictional grounds, rather than the substance of the allegations.

早些时候，在《学徒》节目中，他通过代言多层次营销机构 ACN 并在节目中以它为特色，赚了数百万美元。 （值得注意的是，这是一部关于如何做出精明的商业举动的节目。）特朗普和他的孩子们后来因参与其中而被指控欺诈。尽管 ACN 欺诈案去年才被驳回，但法官以管辖权为由而不是指控的实质内容驳回了该案。

Trump’s interest in MLMs didn’t end with ACN, either; he also lent his name to one called Ideal Health in the aughts, turning it into The Trump Network.

特朗普对传销的兴趣并没有随着 ACN 的结束而结束。他还把自己的名字借给了一家名为“理想健康”(Ideal Health) 的公司，将其变成了“特朗普网络”(The Trump Network)。

During his first term, in 2019, a New York judge ordered Trump to pay $2 million in damages for funneling millions raised from charitable donations into his 2016 presidential campaign. Because Trump had demonstrably “abuse[d] charities for personal gain,” New York Attorney General Letitia James ordered The Trump Foundation to cease operations.

2019 年，在他的第一个任期内，一名纽约法官命令特朗普支付 200 万美元的赔偿金，因为他将慈善捐款筹集的数百万美元用于 2016 年的总统竞选。由于特朗普明显“滥用慈善机构谋取个人利益”，纽约总检察长利蒂西亚·詹姆斯下令特朗普基金会停止运营。

Years later, while running for office again, Trump used campaign donations to cover his vast legal expenses.

多年后，特朗普在再次竞选公职时，用竞选捐款来支付巨额法律费用。

What reason would anyone have to expect Trump to usher in a new era of deregulated freedom for crypto, and not explore it himself?

有什么理由让人们期望特朗普开创加密货币自由管制的新时代，而不是亲自探索呢？

To answer Portnoy’s earlier question, one difference between the Hawk Tuah coin and Trump’s is that Haliey Welch built her brand from spark-plug folksiness and relatability, which may be why some fans felt betrayed that she would lend her celebrity to a scammy-sounding tech play.

为了回答波特诺伊之前的问题，Hawk Tuah 硬币和特朗普的硬币之间的一个区别是，哈莉·韦尔奇 (Haliey Welch) 的品牌建立在热情洋溢和相关性的基础上，这可能就是为什么一些粉丝觉得被背叛了，因为她将自己的名气借给了一个听起来很骗人的科技公司。玩。

Trump, however, has spent much of his career exploiting loopholes

然而，特朗普职业生涯的大部分时间都在利用漏洞