特朗普的第二任期以梅塞币和环境的身份迎来了

特朗普上任政府受到了行动。从他的非常规的传导方式，通常被视为“非属性”到双曲线的方式

For years, crypto struggled to gain meaningful traction in U.S. politics. Trump’s second presidential campaign changed this, and days before he was sworn in his Trump-branded memecoin cemented the fact that crypto is now politically and financially important to the President of the United States.

多年来，加密货币一直在努力在美国政治中获得有意义的牵引力。特朗普的第二次总统竞选改变了这一点，几天前，他在特朗普品牌的纪念中宣誓就职，巩固了加密货币现在对美国总统在政治和财务上的重要事实。

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该社论来自上周的《评论新闻》一周。订阅每周的新闻通讯，以获取第二个新闻通讯。

Trump’s Second Term Ushered in With Memecoin Pomp and Circumstance

特朗普的第二任期以梅塞币和环境的身份迎来了

Trump’s previous administration was action-packed. From his unconventional way of conducting himself, often seen as “unpresidential,” to the hyperbolic way traditional media hyperventilated about him, it felt like you had to follow him closely or miss out on important news events.

特朗普上任政府受到了行动。从他非常规的传导方式（通常被视为“非统一”）到传统媒体对他的过度换气的方式，感觉就像您必须密切关注他或错过重要的新闻事件。

At the time, crypto really wasn’t important enough to catch Trump’s attention. He did comment on it once or twice, saying he didn’t like bitcoin and thought it was a scam. Other than that, bitcoin and crypto were largely ignored. What a difference four years makes.

当时，加密货币确实还不够重要，无法引起特朗普的注意。他确实对此发表了评论，说他不喜欢比特币，并认为这是一个骗局。除此之外，比特币和加密货币在很大程度上被忽略了。四年有多么不同。

If Trump’s first week of his second term is any indication, crypto will be front and center this time around.

如果特朗普第二个任期的第一周有任何迹象，那么这次加密货币将是正面和中心。

The Friday before his Monday inauguration, Trump launched an official memecoin. He did this while the biggest players in U.S. crypto gathered at the Crypto Ball. By all accounts, the pre-inaugural event was one of the best crypto gatherings in recent memory. Industry leaders, euphoric with the anticipation of Trump’s crypto agenda, rubbed shoulders with pro-crypto politicians. Optimism was high, and the U.S.’s crypto future was on the lips of everyone present. In the middle of this event, unbeknownst to almost all at the event, Trump launched his memecoin on Solana.

特朗普在周一就职典礼之前的星期五发起了正式的纪念物。他这样做了，而美国加密货币中最大的球员聚集在加密舞会上。众所周知，就职前事件是最近记忆中最好的加密聚会之一。欣喜的行业领导人随着特朗普的加密议程的预期，与亲克莱特多政客摩擦了肩膀。乐观态度很高，美国的加密未来在所有人在场的嘴唇上。在这次活动的中间，几乎不知道在活动中，特朗普在索拉纳（Solana）发起了他的成员。

Broadly speaking, Trump’s memecoin launch was a success for both the project itself and for crypto. TRUMP was the fastest growing memecoin in history. The fastest to reach $1, $5, and $10 billion. It rewarded the perennially onchain, the crypto participants “in the trenches.” It was released on-chain, not through a centralized exchange, so it brought many people from retail into the decentralized, on-chain world.

从广义上讲，特朗普的成员发射对项目本身和加密货币都取得了成功。特朗普是历史上增长最快的成人。最快达到1美元，5美元和100亿美元的最快。它奖励了常年的Chain，即加密参与者“在战es中”。它是在链上发布的，而不是通过集中式交流而发布的，因此它将许多人从零售业带到了分散的链界世界。

It was a success for Solana, which despite slowdowns and failed transactions, handled the crushing increase in traffic admirably. Money poured into Solana. In seven days, Solana has seen a 77% increase in total on-chain stablecoins. Solana’s success put further pressure on its rivals, chief amongst them Ethereum.

对于Solana来说，这是一个成功，尽管交易放缓和交易失败，但令人钦佩的交通幅度令人钦佩。钱倒入了索拉纳。在七天内，索拉纳（Solana）的总链稳定剂增加了77％。索拉纳（Solana）的成功给竞争对手带来了进一步的压力，其中包括以太坊。

During and after the launch, even Ethereum’s most ardent supporters didn’t make any claims that Ethereum or one of its L2s could’ve handled the onslaught of traffic as well as Solana did. This coupled with the civil war brewing in Ethereum, makes it hard to be optimistic about Ethereum in the short to medium term. The division in Ethereum is long-term bullish, though, as it forces Ethereum to deal with its shortcomings.

在发布期间和之后，即使以太坊最热心的支持者也没有任何声称以太坊或其L2s中的一个可以像索拉纳一样处理交通的冲击。再加上以太坊酿造的内战酿造，很难在短期到中期对以太坊保持乐观。但是，以太坊的分裂是长期看涨的，因为它迫使以太坊应对其缺点。

Two days after Trump’s memecoin launched, the Melania memecoin launched. While the Trump coin was largely positive, the Melania coin is probably net negative. It diverted attention away from Trump’s memecoin, undermining confidence in its future value by creating divided focus and suggesting the potential for even greater dilution with future Trump family memecoins. It will be interesting to see how Trump’s crypto team adjusts to the market’s response to MELANIA. They’ve proven to be savvy, hopefully, they’ll learn their lesson.

在特朗普的纪念物推出两天后，梅拉尼娅·梅克金（Melania Memecoin）推出了。虽然特朗普硬币在很大程度上是积极的，但梅拉尼亚硬币可能是净负面的。它通过创造分裂的重点并提出了与未来的特朗普家庭成员更大的稀释潜力，从而脱离了特朗普的纪念物，从而破坏了对未来价值的信心。有趣的是，特朗普的加密团队如何适应市场对梅拉尼亚的反应。希望他们很精明，希望他们能学习教训。

Perhaps the most important outcome of Trump’s memecoin is the effect on Trump’s net worth. On paper, TRUMP now makes up a material portion of his wealth, possibly a majority of it. If he wants to realize profits from it, he’ll need the crypto market in general to do well. That is to say, he now has billions of reasons to make sure crypto goes up.

也许特朗普纪念因素的最重要结果是对特朗普净资产的影响。从表面上看，特朗普现在占他财富的重要部分，可能是其中的大部分。如果他想从中获得利润，他将需要加密市场来表现良好。也就是说，他现在有数十亿个理由确保加密货币上升。

If you are in crypto, it probably wouldn’t hurt to have Trump’s socials on notifications. 2025 is going to be a wild year.

如果您在加密货币中，那么在通知上拥有特朗普的社交可能会不会受到伤害。 2025年将是狂野的一年。