特朗普纪念物：加密货币市场上的一场残酷的音乐椅子游戏

在这个金融和政治越来越相互交织的世界中，唐纳德·特朗普及其儿子们的特朗普成员推出，在市场上引起了冲击波。

As finance and politics become increasingly intertwined, the launch of the Trump memecoin by Donald Trump and his sons has sent shockwaves through the markets. What began as a crypto branding operation quickly transformed into a cutthroat game of musical chairs, where early traders pocketed hundreds of millions of dollars, leaving behind a wave of disappointed investors. In just a few hours, savvy traders multiplied their bets exponentially, riding a wave of speculation that drove the token's price to $75 before it crashed. While the concept of memecoins is not novel, Donald Trump's direct involvement raises questions about ethics, regulation, and the future of political cryptos.

随着财务和政治的越来越互动，唐纳德·特朗普（Donald Trump）和他的儿子们推出了特朗普的成人，从市场上发动了冲击波。最初的加密品牌业务迅速转变为一场音乐椅的残酷游戏，早期的交易员赚了数亿美元，留下了一阵失望的投资者。在短短几个小时内，精明的交易者将他们的赌注成倍增长，并挥舞着一波猜测，将令牌的价格推向了75美元，然后才崩溃。虽然Memecoins的概念不是新颖的，但唐纳德·特朗普的直接参与引发了有关道德，监管和政治加密货币未来的问题。

A winning move for the privileged few

少数特权的胜利举动

Seconds after Donald Trump announced the launch of the Trump memecoin on social media, an anonymous investor made a massive purchase of 5.9 million tokens at an entry price of 18 cents, a transaction that was recorded on the blockchain and revealed by the crypto analysis firm Arkham Intelligence. This investment quickly grew to $109 million as the token's price surged over the next 48 hours.

唐纳德·特朗普（Donald Trump）宣布在社交媒体上启动特朗普纪念物的几秒钟之后，一位匿名投资者以18美分的价格大量购买了590万个代币，这一交易是在区块链上记录的，并由加密货币分析公司Arkham透露了智力。随着代币的价格在接下来的48小时内飙升，这项投资很快增至1.09亿美元。

This phenomenon was not limited to a single actor; around thirty quick traders collectively made $669 million in just a few days by applying a strategy that is common in this type of volatile asset market. Initial buyers would accumulate tokens en masse at low prices, triggering a wave of speculation, and then they would liquidate their holdings at sky-high prices, leaving behind a multitude of investors who had purchased at excessively high prices.

这种现象不仅限于单个演员。在短短几天内，大约有30个快速交易者在短短几天内采用了6.69亿美元，通过采用这种挥发性资产市场常见的策略。最初的买家会以低价累积代币，引发一波猜测，然后他们以高价清算其持股，留下了许多以过高价格购买的投资者。

A financial disaster for the majority of investors

大多数投资者的金融灾难

As the Trump token reached its peak at $75, the fall was swift and brutal. Within a few days, its price dropped to $17, resulting in substantial losses for the vast majority of crypto investors. According to Arkham, 813,000 wallets recorded cumulative losses exceeding $2 billion.

当特朗普的象征达到75美元的高峰时，跌倒迅速而残酷。几天之内，其价格下降到17美元，造成了绝大多数加密投资者的巨大损失。根据阿卡姆（Arkham）的说法，有813,000个钱包的累积损失超过20亿美元。

This scenario will be familiar to anyone who follows the crypto market closely. The mass sell-off orchestrated by early purchasers accelerated the token's decline. This development left thousands of investors, including ardent Trump supporters, with devalued assets. "This token is a scam," wrote Shawn M. Whitson, a disappointed investor, in a post on the X social network (formerly Twitter) after watching his investment vanish in just a few days.

任何紧随加密市场的人都将熟悉这种情况。早期购买者精心策划的大众抛售加速了令牌的下降。这一发展使包括热心的特朗普支持者在内的成千上万的投资者拥有贬值的资产。失望的投资者肖恩·惠特森（Shawn M. Whitson）在X社交网络（以前是Twitter）的帖子中写道：“这个令牌是一个骗局。”

Beyond the financial losses, this fiasco highlights the risks of manipulation in crypto markets and the lack of regulation surrounding these new forms of speculation. While Donald Trump and his associates have already earned $100 million in transaction fees, the question of ethics and the exploitation of small crypto investors becomes paramount. Additionally, as the Trump administration pushes for less regulation in the crypto sector, there are growing concerns about a conflict of interest between the president's personal financial interests and upcoming political decisions on cryptos. This episode serves as a clear illustration of the fine line between financial opportunity and economic predation in a market where speed often trumps caution.

除了金融损失外，这场惨败还强调了加密市场中操纵的风险以及围绕这些新形式的投机形式的监管。尽管唐纳德·特朗普（Donald Trump）和他的同伙已经获得了1亿美元的交易费用，但道德问题和对小型加密投资者的剥削变得至关重要。此外，随着特朗普政府推动加密货币部门的监管减少，人们对总统的个人财务利益与即将到来的有关加密货币的政治决定之间的利益冲突越来越担心。这一集清楚地说明了在速度经常谨慎的市场中财务机会与经济掠夺之间的细线。