特朗普代币供应争议

随着美国当选总统唐纳德·特朗普于 1 月 17 日推出 $TRUMP memecoin，数字货币生态系统陷入疯狂。

United States President-elect Donald Trump launched the $TRUMP memecoin on January 17. While the memecoin soared to a market capitalization of $25 billion at the peak, several controversies are linked to it.

美国当选总统唐纳德·特朗普于 1 月 17 日推出了 $TRUMP memecoin。虽然该 memecoin 的市值在巅峰时期飙升至 250 亿美元，但也引发了一些争议。

One of these controversies is tied to the number of holders. Multiple explorers show that just 20 addresses hold more than 87% of the $TRUMP tokens.

这些争议之一与持有人的数量有关。多个浏览器显示，仅 20 个地址就持有超过 87% 的 $TRUMP 代币。

The market has seen a few traders with unusual growth trends from early exposure to TRUMP. To some market analysts, these are largely insiders within the Presidential inner circle.

市场上已经看到一些交易者因早期接触特朗普而呈现出不寻常的增长趋势。对于一些市场分析师来说，这些人主要是总统核心圈子的内部人士。

According to market data, the top 20 wallets collectively own 870,202,451.79 TRUMP tokens. This leaves about 12.97% of the remaining supply of 129,797,522.86 tokens in the hands of retail investors. Solscan data shows that a total of 463,876 holders are now linked with the TRUMP token.

根据市场数据，排名前 20 名的钱包总共拥有 870,202,451.79 个 TRUMP 代币。这使得散户投资者手中剩余供应量 129,797,522.86 代币中的约 12.97%。 Solscan 数据显示，目前共有 463,876 名持有者与 TRUMP 代币相关联。

Health and tech specialist Dr Danish called the coin a scam and an embarrassment for Americans. He shared a screenshot that showed large allocations to Creators & CIC Digital.

健康和技术专家丹麦博士称这种硬币是一个骗局，让美国人感到尴尬。他分享了一张屏幕截图，显示对 Creators 和 CIC Digital 的大量分配。

$TRUMP coin is a scam and embarrassing for all US citizens. Essentially, it allowed insiders to snipe the entire supply at launch. We should hope for better from our leaders. Just because the other side is corrupt doesn’t give you a license to do the same. I hope people on… pic.twitter.com/yHgfdQhZqz

特朗普币是一个骗局，让所有美国公民感到尴尬。从本质上讲，它允许内部人士在发布时狙击整个供应。我们应该希望我们的领导人做得更好。仅仅因为对方腐败并不意味着你就有权做同样的事情。我希望人们… pic.twitter.com/yHgfdQhZqz

Infact, the screenshot shows six different wallets belonging to Creators & CIC Digital receiving allocations ranging from 2% to 36% of the total supply. The insight shared also shows a 10% liquidity and another 10% designated for public distribution.

事实上，屏幕截图显示了属于 Creators 和 CIC Digital 的六个不同钱包，其分配量占总供应量的 2% 到 36% 不等。分享的见解还显示 10% 的流动性和另外 10% 指定用于公开分配。

Judging by chatter on X, the different tokens associated with the TRUMP token have continued to dump. Per insight from Connor, Trump-linked wallets have collectively sold approximately $500 million worth of the tokens.

从 X 上的讨论来看，与 TRUMP 代币相关的不同代币仍在继续抛售。根据康纳的见解，与特朗普相关的钱包总共出售了价值约 5 亿美元的代币。

From what I can see onchain, Trump has sold ~$500M of tokens thus far. The Trump team still controls 85% of supply pic.twitter.com/p4CcRFdrV0

从我在链上看到的情况来看，特朗普迄今为止已售出约 5 亿美元的代币。特朗普团队仍然控制着 85% 的供应 pic.twitter.com/p4CcRFdrV0

The TRUMP Token Price Movement

TRUMP 代币价格走势

At the time of writing, the price of TRUMP has jumped to $27.29, up by 536% in the past 24 hours. The token has suddenly defied the current market reality that has seen the price of Bitcoin face temporary rejection at $105,000.

截至撰写本文时，TRUMP 的价格已跃升至 27.29 美元，在过去 24 小时内上涨了 536%。该代币突然违背了当前的市场现实，比特币的价格暂时被拒绝在 105,000 美元。

Historically, memecoins are known to exhibit huge volatility. In the run-up to the election and after, Donald Trump-linked tokens recorded a massive rally. This reflected the sentiment around the president’s victory.

从历史上看，模因币表现出巨大的波动性。在选举前夕和选举后，与唐纳德·特朗普相关的代币出现了大规模反弹。这反映了围绕总统胜利的情绪。

While most of these tokens have maintained a bullish outlook, there is a relative slowdown in their price growth. Market analysts remain cautious that TRUMP may soon reverse the massive rally it has picked since its launch.

尽管大多数代币都保持看涨前景，但其价格增长相对放缓。市场分析师仍持谨慎态度，认为特朗普可能很快会扭转自其推出以来所选择的大规模反弹。

However, it has a chance to become the next big memecoin if it survives current euphoria phase

然而，如果它能度过当前的欣快阶段，它就有机会成为下一个大模因币

Regulatory Implications

监管影响

Under the Gary Gensler-led US Securities and Exchange Commission (SEC), related TRUMP token launches may come with some forms of crackdowns.

在加里·根斯勒 (Gary Gensler) 领导的美国证券交易委员会 (SEC) 的领导下，相关的 TRUMP 代币发行可能会受到某种形式的打击。

However, it remains uncertain how the next Chairman, Paul Atkins, will manage related speculative trading moving forward. Many community members have flagged the inconsistencies in the token launch and whether it is linked to President Trump.

然而，下一任主席保罗·阿特金斯将如何管理未来的相关投机交易仍不确定。许多社区成员指出了代币发行的不一致之处以及它是否与特朗普总统有关。

It is worth noting that the Trump family has experience launching tokens, NFTs, and properly structured DeFi projects like World Liberty Financial. As a result, the due diligence to prevent regulatory backlash might have been put in place.

值得注意的是，特朗普家族拥有推出代币、NFT 以及 World Liberty Financial 等结构合理的 DeFi 项目的经验。因此，防止监管反弹的尽职调查可能已经到位。

This is besides the general immunity that comes from being the President of the United States.

这不包括作为美国总统所享有的一般豁免权。

In addition to this, the team behind the TRUMP token published a disclaimer page that absolved of any form of liabilities. This token launch, however, might serve as a major precedence for what is to come in the next four years.

除此之外，特朗普代币背后的团队还发布了免责声明页面，免除了任何形式的责任。然而，这次代币的发布可能会成为未来四年的一个主要优先事项。

This is not financial advice and should not be taken as such.

这不是财务建议，不应被视为财务建议。