在宣布为美国总统唐纳德·特朗普（Donald Trump）的顶级持有人举行独家面对面晚餐后，特朗普纪念因（特朗普）在4月23日飙升了52％

2024年4月24日上午1:14更新。由Stas Stash。

The price of Official Trump (TRUMP) surged 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump.

特朗普官方（特朗普）的价格在4月23日宣布为美国总统唐纳德·特朗普（Donald Trump）的顶级持有人举行独家面对面的晚餐后，飙升了52％。

For some crypto advocates, this marks the end of the bear market, especially as Bitcoin (BTC) bounced back above $93,000, but others have suspicions on how sustainable the TRUMP memecoin rally really is.

对于某些加密货币倡导者来说，这标志着熊市的终结，尤其是比特币（BTC）弹回93,000美元以上，但其他人则怀疑特朗普的纪念纪念日集会的可持续程度。

From a purely performance perspective, the Official Trump (TRUMP) memecoin has been a disappointment. After soaring above $75 on launch day, its gains quickly disappeared as investors noticed the high concentration of tokens and the short-term vesting period.

从纯粹的表演角度来看，官方的特朗普（特朗普）纪念物令人失望。在发射当天飙升至75美元以上的飙升之后，投资者注意到代币的高度集中和短期归属时期，其收益很快就消失了。

At first sight, it is difficult to justify TRUMP’s current market capitalization of $2.6 billion, given that 80% of the supply was allocated to founders and entities controlled by Trump.

乍一看，鉴于80％的供应分配给了特朗普控制的创始人和实体，因此很难证明特朗普目前的市值为26亿美元。

For comparison, well-established projects such as Arbitrum (ARB), Jupiter (JUP), and Maker (MKR) hold a capitalization below $1.6 billion. Those token valuations derive from buybacks using treasury reserves or direct benefits in staking and DeFi mechanisms. For instance, Arbitrum, a leading Ethereum layer-2 scaling solution, holds $2.4 billion in Total Value Locked (TVL).

为了进行比较，诸如仲裁（ARB），木星（JUP）和制造商（MKR）等良好的项目持有低于16亿美元的资本化。这些令牌估值来自使用财政部储备或直接利益的回购和固定机制的直接好处。例如，领先的以太坊2层缩放解决方案索赔持有24亿美元的总价值锁定（TVL）。

Jupiter, the primary decentralized exchange (DEX) on Solana, has $2.3 billion in deposits and has accrued $76.6 million in fees over the past 30 days, according to DefiLlama data. Meanwhile, Sky (formerly Maker), the project behind the highly successful DAI stablecoin, has $5.9 billion TVL and $28.6 million in 30-day fees.

根据DeFillama的数据，木星是Solana的主要权力交易所（DEX），有23亿美元的存款，并在过去30天内获得了7660万美元的费用。同时，Sky（以前是Maker）是非常成功的Dai Stablecoin背后的项目，其30天的费用为59亿美元和2860万美元。

TRUMP still in top 10 for trading activity

特朗普仍在交易活动中排名前十

Besides being listed on major exchanges, including Binance, Bybit, OKX, Coinbase (NASDAQ:COIN), Upbit, and Kraken, and often promoted on social media by Trump, the memecoin has an impressive share in derivatives markets. Notably, its futures open interest stands at $700 million, a top-10 overall.

除了在包括Binance，Bybit，Okx，Coinbase（NASDAQ：COIN），UPBIT和KRAKEN在内的主要交易所中列出，并经常在特朗普的社交媒体上晋升，Memecoin在衍生品市场中都有令人印象深刻的份额。值得注意的是，其期货开放兴趣为7亿美元，总体十名。

Well-established projects with market capitalizations over $6 billion, such as Chainlink (LINK), Litecoin (LTC), and Polkadot (DOT) have smaller futures open interest than TRUMP.

良好的市值超过60亿美元的项目，例如Chainlink（Link），Litecoin（LTC）和Polkadot（DOT）比特朗普的期货开放率要小。

Still, while demand for futures markets allows larger traders to take part in the action, it does not necessarily imply optimism as longs (buyers) and shorts (sellers) are matched at all times.

尽管如此，尽管对期货市场的需求允许大型交易者参与该行动，但它并不一定意味着乐观，因为长期（买家）和短裤（卖家）始终匹配。

Even though TRUMP is currently valued 84% below its all-time high, it remains a top-10 token in terms of volume. As of press time, only four cryptocurrencies surpassed TRUMP’s impressive $3.84 billion 24-hour turnover, according to CoinGecko.

即使特朗普目前的价值低84％，但在数量方面仍然是前十名。据Coingecko称，截至发稿时，只有四次加密货币超过了特朗普令人印象深刻的24小时营业额。

Despite the huge trading activity, a single promotional event with US President Trump is unlikely to create lasting demand for the TRUMP memecoin, putting the current $13.50 price tag in check.

尽管交易活动庞大，但美国总统特朗普的一次促销活动不太可能产生对特朗普纪念物的持久需求，这使目前的13.50美元的价格标签受到支票。

Unless the project eases investors’ concerns about token unlocks, there is hardly a way to justify the 50% premium versus cryptocurrencies that offer utility and perspectives of growth.

除非该项目缓解了投资者对代币解锁的担忧，否则几乎没有一种方法可以证明50％的保费与提供实用性和增长观点的加密货币相比。

It is worth noting that Shiba Inu (SHIB), another memecoin with no real utility, presently trades at a $8 billion market capitalization, hence one could easily argue that a token officially supported by the sitting US President is worth far more, paving the way for $30 or higher price targets for TRUMP.

值得注意的是，另一个没有真正效用的纪念物Shiba Inu（Shib）目前以80亿美元的市值交易，因此人们可以轻松地争辩说，由现任美国总统正式支持的代币值得更多，铺平了更多的价格，以30美元或更高的价格目标目标。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出于一般信息目的，不打算被视为法律或投资建议。这里表达的观点，思想和观点是作者独自一人，不一定反映或代表Cointelegraph的观点和观点。