特朗普 Meme 币崩溃表明 MAGA 与加密货币之间的联盟不稳定

加密货币行业正处于鼎盛时期。那是周五晚上，最有名气的球员们在安德鲁·W·梅隆礼堂亲吻，参加第一届总统就职典礼加密舞会

The cryptocurrency industry had high hopes for the Trump administration, especially after several key players in the crypto space met with the president-elect during the transition and helped organize the first-ever presidential inauguration Crypto Ball. But Trump’s decision to launch his own cryptocurrency, $TRUMP, left a sour taste in the mouths of many crypto enthusiasts.

加密货币行业对特朗普政府寄予厚望，特别是在加密货币领域的几位关键参与者在过渡期间与当选总统会面并帮助组织了有史以来第一次总统就职典礼加密球之后。但特朗普推出自己的加密货币$TRUMP的决定让许多加密货币爱好者心生不满。

The cryptocurrency, which was announced by Trump on his Truth Social platform on Friday evening, is a pool of 20 million “meme coins” that fans can buy and trade on the Solana blockchain. The launch came as a surprise to many at the Crypto Ball, who were expecting Trump to use the event to highlight and legitimize cryptocurrencies as a serious form of digital commerce. Instead, they got Trump shilling his own meme currency, which is more akin to Dogecoin—the namesake for the already-inefficient Department of Government Efficiency—than anything else.

周五晚上，特朗普在他的 Truth Social 平台上宣布了这种加密货币，它是一个由 2000 万枚“模因币”组成的池，粉丝可以在 Solana 区块链上购买和交易。此次发布令加密舞会上的许多人感到惊讶，他们原本期望特朗普利用这次活动来强调加密货币并将其合法化为一种严肃的数字商务形式。相反，他们让特朗普先令自己的模因货币，这种货币更类似于狗狗币——本来就效率低下的政府效率部的同名——而不是其他任何东西。

After the announcement, several crypto figures expressed disappointment and concern. Investor Nic Carter, who was a guest at the ball, told Politico that the $TRUMP launch was an “absolutely preposterous” move that was “plumbing new depths of idiocy.” (As he later wrote on X: “Trump rugged all of his biggest fans by dropping his memecoin during the crypto ball when we were all sloshed.”) YK Pek, a crypto consultant, claimed on X that Trump “has the wrong people in his ear re crypto policy.” ZeroLend co-founder Gafoor Khan referred to the memecoin situation as “heartbreaking,” while the influencer Ash Crypto groused, “Our industry is a fcking joke.” In a conversation with news outlet the Block, the CEO of the research firm Two Prime Digital Assets declared that the Trump meme coin would “bring us more towards a crypto casino than true reform.”

消息公布后，多位加密货币人士表达了失望和担忧。舞会嘉宾投资者尼克·卡特 (Nic Carter) 告诉 Politico，推出 $TRUMP 是一个“绝对荒谬”的举动，“将愚蠢推向新的深度”。 （正如他后来在 X 上所写的那样：“当我们都喝得酩酊大醉时，特朗普在加密舞会上丢下了他的模因币，这让他所有最忠实的粉丝都生气了。”）加密货币顾问 YK Pek 在 X 上声称，特朗普“选错了人”他的耳朵听到了加密货币政策。” ZeroLend 联合创始人 Gafoor Khan 称 memecoin 的情况“令人心碎”，而影响者 Ash Crypto 则抱怨道，“我们的行业就是一个他妈的笑话。”在与新闻媒体 The Block 的对话中，研究公司 Two Prime Digital Assets 的首席执行官宣称，特朗普模因币将“让我们更多地走向加密赌场，而不是真正的改革”。

The jitters intensified on Sunday afternoon when first lady Melania Trump announced her own “Melania Meme” launch via Truth Social—a new $MELANIA meme coin that is also tradable on the Solana blockchain. Martin Shkreli predicted that it’s “basically over for all crypto for a while.” The investment manager Michael A. Gayed referred to the meme coins as “A FUCKING DISGRACE.” CNBC Africa TV host Ran Neuner accused the presidential family of “grifting at the expense of the entire crypto community.” There were many such cases. The investment bank TD Cowen even worried that the meme coin uproar could distract Congress from passing the type of industry-friendly legislation for which crypto executives had so fervently lobbied.

周日下午，第一夫人梅拉尼娅·特朗普 (Melania Trump) 宣布通过 Truth Social 推出她自己的“Melania Meme”，这是一种新的 $MELANIA Meme 代币，也可以在 Solana 区块链上交易，人们的紧张情绪进一步加剧。 Martin Shkreli 预测，“所有加密货币基本上已经结束一段时间了”。投资经理迈克尔·A·盖德 (Michael A. Gayed) 将模因币称为“他妈的耻辱”。 CNBC 非洲电视台主持人 Ran Neuner 指责总统家族“以牺牲整个加密货币社区为代价行贿”。这样的例子还有很多。投资银行 TD Cowen 甚至担心，迷因币的风波可能会分散国会的注意力，让国会无法通过加密行业高管们如此热切游说的有利于行业的立法。

The fears had not subsided by the time Trump was sworn in, especially since the reelected president didn’t mention cryptocurrencies once during his speech. Still, the foot soldiers fell right back into line on Tuesday after the new administration made some welcome moves: enshrining a new “crypto task force,” under the aegis of the once-crypto-hostile Securities and Exchange Commission, that would seek industry input on regulatory matters; and granting a presidential pardon to Ross Ulbricht, the onetime operator of the infamous dark-web drug marketplace Silk Road. (Ulbricht’s early adoption of Bitcoin, both within Silk Road and outside it, made him a folk hero to crypto enthusiasts.) Trump himself, at a Tuesday press conference, had just this to say about $TRUMP: “I don’t know where it is. I don’t know much about it, other than I launched it.”

到特朗普宣誓就职时，这种担忧尚未消退，特别是这位连任总统在演讲中一次都没有提到加密货币。尽管如此，在新政府采取了一些受欢迎的举措后，周二，步兵们又回到了阵地：在曾经对加密货币充满敌意的证券交易委员会的支持下，成立了一个新的“加密货币特别工作组”，该委员会将寻求行业的意见关于监管事宜；总统赦免臭名昭著的暗网毒品市场“丝绸之路”的前经营者罗斯·乌布利希 (Ross Ulbricht)。 （乌布利希在丝绸之路内外都早期采用了比特币，这使他成为加密货币爱好者的民间英雄。）特朗普本人在周二的新闻发布会上对 $TRUMP 进行了这样的评价：“我不知道在哪里这是。除了我发起了它之外，我对此了解不多。”

Extremely misleading headlinerather disappointed. I repurchased my position after seeing the clipfor those who havent https://t.co/6iM7gHGeHP pic.twitter.com/Yax8I3UYFH

极具误导性的标题相当令人失望。我在看到剪辑后重新购买了我的职位（对于那些没有看过的人）https://t.co/6iM7gHGeHP pic.twitter.com/Yax8I3UYFH

The crypto-world drama that Trump’s team spurred with this meme coin gambit is indicative of an ever-present tension between the once-crypto-skeptical Trump and his newfound armies of single-issue loyalists.

特朗普团队用这种模因硬币策略引发的加密世界戏剧表明，曾经对加密持怀疑态度的特朗普和他新成立的单一问题忠诚者大军之间始终存在紧张关系。

The more bitter crypto traders aren’t wrong to suspect possible Trumpian self-enrichment via digital money. Much of $TRUMP’s supply is held by two companies: Fight Fight Fight LLC, a firm established in Delaware earlier this month; and CIC Digital, a branch of the Trump Organization. $MELANIA is sold by MKT World LLC, the company that Melania Trump established after her husband’s first term in order to hawk NFTs and other digital “collectibles.” As the New York Times has noted, MKT World shares an address with the Florida-based Trump International Golf Club.

更加尖酸刻薄的加密货币交易员怀疑特朗普可能通过数字货币实现自我致富，这并没有错。 $TRUMP 的大部分供应由两家公司持有：Fight Fight Fight LLC，一家本月早些时候在特拉华州成立的公司；以及特朗普集团的分支机构 CIC Digital。 $MELANIA 由 MKT World LLC 出售，该公司是梅拉尼娅·特朗普在丈夫第一个任期后成立的，旨在兜售 NFT 和其他数字“收藏品”。正如《纽约时报》所指出的，MKT World 与位于佛罗里达州的特朗普国际高尔夫俱乐部共享地址。

More to that point, many of the companies whose leaders had lobbied Trump and sponsored the Crypto Ball began listing $TRUMP on their exchanges over the weekend: Coinbase, Robinhood, and Kraken, the latter of which also listed $MELANIA. (All of their mobile apps saw a spike in downloads after the first meme coin launch.) Detractors had also expressed suspicion that $TRUMP’s sudden launch was timed specifically to allow traders who weren’t at the ball to buy up the tokens first and push up

更重要的是，许多其领导人曾游说特朗普并赞助加密球的公司周末开始在其交易所上市 $TRUMP：Coinbase、Robinhood 和 Kraken，后者也上市了 $MELANIA。 （在第一个 meme 代币推出后，他们所有的移动应用程序的下载量都出现了激增。）批评者还表示怀疑，$TRUMP 的突然推出是专门为了让不在场的交易者首先购买这些代币并推动其发展。向上