特朗普组织的 Memecoin 计划：数字财富创造故事

为特朗普集团创造数十亿美元的数字财富始于周五的社交媒体帖子。

Former President Donald Trump’s return to the White House comes amid a crypto boom fueled by his support for the digital assets.

前总统唐纳德·特朗普重返白宫之际，他对数字资产的支持推动了加密货币的繁荣。

But the slew of recent memecoin launches — including Trump’s own $TRUMP and $MELANIA coins — have triggered fresh skepticism and warnings about scams due to the freewheeling nature of memecoins.

但最近推出的一系列模因币——包括特朗普自己的 $TRUMP 和 $MELANIA 币——由于模因币随心所欲的性质，引发了新的怀疑和对诈骗的警告。

Because they are not formal investment vehicles, they are almost entirely unregulated, and anybody can start one under any name at any time, often for free. Platforms like CoinMarketCap that track digital tokens showed dozens of duplicate TRUMP coins.

由于它们不是正式的投资工具，因此几乎完全不受监管，任何人都可以随时以任何名义启动投资工具，而且通常是免费的。像 CoinMarketCap 这样追踪数字代币的平台显示了数十个重复的特朗普币。

Bloomberg News summarized memecoin sales as “the crystallization of ‘greater fool’ investing, of an asset that’s only worth what someone else is willing to pay for it at a given moment in time.”

彭博新闻社将 memecoin 的销售总结为“‘傻瓜’投资的结晶，一种资产的价值只取决于其他人在特定时刻愿意支付的价格。”

“I’m not sure people quite grasp how much of the crypto world is reacting to the Trump memecoin launches,” Molly White, a software engineer and cryptocurrency chronicler, posted on X alongside screenshots from reactions that ranged from frustration to anger.

软件工程师兼加密货币编年史家莫莉·怀特 (Molly White) 在 X 上发布了从沮丧到愤怒等各种反应的屏幕截图，“我不确定人们是否完全了解加密世界对特朗普模因币的推出有何反应。”

White later told NBC News that the launch of the coins seemed to dash hopes from some that Trump would help further legitimize the crypto industry.

怀特后来告诉 NBC 新闻，这些代币的推出似乎破灭了一些人的希望，即特朗普将帮助加密货币行业进一步合法化。

“There’s now a fear that people who are not super familiar with this industry will see it as a cash grab and not see all the good uses of crypto that exist,” she said. “They worry this will give crypto a bad name.”

“现在人们担心，那些不太熟悉这个行业的人会认为这是一种抢钱行为，而看不到加密货币存在的所有良好用途，”她说。 “他们担心这会给加密货币带来坏名声。”

Part of that frustration centered on Trump’s recent emergence as a champion for all things crypto. During his 2024 presidential campaign, Trump made clear his support for crypto, speaking at the annual Bitcoin Conference and pledging to consider creating a “strategic bitcoin reserve” that would see the U.S. purchase billions' worth of the cryptocurrency in a bid to encourage price support and adoption. Trump has also launched a line of NFTs, and his family launched a crypto banking platform last year.

这种挫败感的部分原因在于特朗普最近成为所有加密事物的拥护者。在 2024 年总统竞选期间，特朗普明确表示了对加密货币的支持，他在年度比特币会议上发表讲话，并承诺考虑创建“战略比特币储备”，这将使美国购买价值数十亿美元的加密货币，以鼓励价格支持和收养。特朗普还推出了一系列 NFT，他的家族去年推出了一个加密银行平台。

And Trump’s memecoin looked poised to be a major success, at least at first. The price of $TRUMP took off almost immediately, and by Saturday morning a single coin was trading at $75 — a 650% rise, at least, from its Friday launch price. Crypto enthusiasts who track transactions — many blockchains, including the one used by $TRUMP, are public-facing — reported some holders who had bought in early holding millions of dollars' worth of the token.

特朗普的模因币看起来有望取得重大成功，至少在一开始是这样。 $TRUMP 的价格几乎立即飙升，到周六上午，一枚代币的交易价格为 75 美元——比周五的发行价至少上涨了 650%。追踪交易的加密货币爱好者——许多区块链，包括 $TRUMP 使用的区块链，都是面向公众的——报告说，一些早期购买的持有者持有价值数百万美元的代币。

A Trump transition team spokesperson did not immediately respond to a request for comment.

特朗普过渡团队发言人没有立即回应置评请求。

The $TRUMP surge suddenly reversed when another coin came on the scene — from Trump’s own spouse.

当另一枚来自特朗普自己的配偶的硬币出现时，特朗普的飙升突然逆转。

On Sunday afternoon, Melania Trump’s X account posted that her $MELANIA memecoin was live. Donald Trump’s X account reposted that message.

周日下午，梅拉尼娅·特朗普的 X 账户发布了她的 $MELANIA memecoin 已上线。唐纳德·特朗普的 X 账户转发了该消息。

The price of $TRUMP immediately plunged upon $MELANIA’s appearance, with some suggesting demand for one would eat into interest in the other.

$MELANIA 出现后，$TRUMP 的价格立即暴跌，一些人认为对其中一种的需求会削弱对另一种的兴趣。

“$MELANIA coin is being viewed as a competitor against $TRUMP coin,” market commentary group The Kobeissi Letter wrote on X. “This has resulted in a sharp drop in demand for $TRUMP.”

“$MELANIA 代币被视为 $TRUMP 代币的竞争对手，”市场评论组织《Kobeissi Letter》在 X 上写道。“这导致了 $TRUMP 的需求急剧下降。”

Later Sunday, a $BARRON coin also started to trade, further adding to the market concerns. However, $BARRON’s connection, if any, to Trump’s youngest son, Barron, or the Trump family was not clear. No official Trump social media accounts have posted about it.

周日晚些时候，$BARRON 代币也开始交易，进一步加剧了市场担忧。然而，$BARRON 与特朗普最小的儿子巴伦或特朗普家族之间的联系（如果有的话）尚不清楚。特朗普官方社交媒体账户尚未发布相关信息。

As the price of $TRUMP began falling, backlash ensued.

随着特朗普美元的价格开始下跌，强烈反对随之而来。

“Dear @realDonaldTrump : Please fire whoever recommended going forward with the Melania launch today,” Ryan Selkis, a longtime crypto advocate and political conservative, wrote on X on Sunday as the price of $TRUMP began to fall. “1. They don’t know what they’re doing. 2. They cost you a lot of $ and goodwill. 3. They don’t have your interests in mind.”

“亲爱的@realDonaldTrump：请解雇所有建议今天继续推出 Melania 的人，”长期加密货币倡导者和政治保守派瑞恩·塞尔基斯 (Ryan Selkis) 周日在 X 上写道，当时特朗普的价格开始下跌。 “1.他们不知道自己在做什么。 2.它们花费了你大量的金钱和商誉。 3.他们不考虑你的利益。”

By Tuesday, the price of $TRUMP had not recovered from the decline. Still, shortly after Trump’s swearing-in, the combined holdings among the Trump- and Melania-related corporations that launched the coins were worth tens of billions, at least on paper, according to crypto news website CoinDesk — and possibly worth more.

到周二，$TRUMP 的价格尚未从跌势中恢复过来。尽管如此，根据加密货币新闻网站 CoinDesk 的数据，在特朗普宣誓就职后不久，发行这些加密货币的与特朗普和梅拉尼娅相关的公司所持有的总资产至少在纸面上价值数百亿美元，而且可能价值更高。

Because all holders’ wallets, including those of Trump and the coin’s creators, are visible on the blockchain, any transactions they’re involved in will be closely watched. And a large sell-off from those wallets would likely trigger a major price fall, according to Ari Redbord, head of legal and government affairs at TRM Labs, a firm that monitors crypto projects.

由于所有持有者的钱包，包括特朗普和硬币创造者的钱包，都在区块链上可见，因此他们参与的任何交易都将受到密切关注。监控加密项目的公司 TRM Labs 的法律和政府事务主管 Ari Redbord 表示，这些钱包的大规模抛售可能会引发价格大幅下跌。

But Redbord said Trump’s celebrity adds a factor that’s worth watching.

但雷德博德表示，特朗普的名气增加了一个值得关注的因素。

“Obviously Trump, because of who he is, elevates a memecoin launch like nothing we’ve ever seen before,” he said.

他说：“显然，特朗普因为他的身份，将模因币的推出推向了前所未有的高度。”

Trump has released a voluntary ethics document designed to limit private financial interests from shaping his official policy agenda.

特朗普发布了一份自愿道德文件，旨在限制私人经济利益影响其官方政策议程。

But the president’s

但总统的