特朗普的特朗普硬币拖船随着鲸鱼的2.14亿美元而赚钱，使大多数买家在水下使

唐纳德·特朗普（Donald Trump）的品牌可能是基于对“获胜”的看法，但是他壮观的特朗普硬币的买家正遇到恰恰相反。

Donald Trump may not be following the spectacular rise and fall of his memecoin closely, but its buyers certainly are — and experiencing the exact opposite of “winning.”

唐纳德·特朗普（Donald Trump）可能不会密切关注他的纪念物的壮丽崛起和跌倒，但其买家当然是 - 与“获胜”完全相反。

Soon after Trump launched TRUMP days before his second inauguration, its value nosedived from its all-time high of $78 as hyped-up crypto bros rushed to cash out. It currently sits at a pathetic $17 per token — a shell of a grift that once saw nearly $72 billion worth of market cap at its peak.

特朗普在特朗普第二次就职前几天发起了几天后不久，由于炒作加密兄弟（Crypto Bros）急于兑现，其价值从历史上的78美元高出了78美元。目前，它的每一个令牌可怜的$ 17，这是一个坚定不移的壳，曾经在其顶峰时曾经达到价值近720亿美元的市值。

Now, fresh analysis by Bloomberg suggests TRUMP’s dramatic fall is the result of 21 whales pulling out gobs of cash, leaving the vast majority of the coin’s faithful buyers at a loss.

现在，彭博社的新分析表明，特朗普的戏剧性下降是21颗鲸鱼撤出现金的结果，这使硬币的绝大多数忠实的买家丧失了。

Of all the profit generated by TRUMP, some $214 million went to these whales within the first two days, while at least 20 percent of buyers broke even or lost money. The whales had one thing in common: they all made substantial, well-timed transactions of the coin, in some cases within just minutes of its announcement.

在特朗普产生的所有利润中，约有2.14亿美元在头两天内送给了这些鲸鱼，而至少20％的买家破产或损失了。鲸鱼有一个共同点：它们都在宣布的短短几分钟内完成了硬币的大量，定时的交易。

One particular trader amassed about $1.1 million in USDC — a “stablecoin” mapped to the value of the US dollar — just hours before Trump announced his coin to his throngs of followers on Truth Social. Within minutes of that post, the trader made a buy representing roughly 6 percent of the available supply of TRUMP, and then spent the next few days offloading it to various wallets, racking up millions in profit according to Bloomberg.

一位特定的交易员在USDC中积累了约110万美元，这是一个映射到美元价值的“ Stablecoin”），就在特朗普宣布他的硬币宣布自己的《真相社交》的追随者的数小时。在该职位的几分钟之内，交易者进行了买入，约占特朗普供应供应的6％，然后在接下来的几天里将其卸载到各种钱包中，根据彭博社的说法，赚了数百万美元的利润。

The trading platforms administering Trump's coins also struck it rich, with current estimates putting the total transaction fees they've earned at around $100 million. At least one of the platforms involved in the frenzy, CIC Digital, is owned by Trump himself, though it's currently unknown how big a piece of the pie it received.

管理特朗普硬币的交易平台也使它变得富有，目前的估计使他们所赚取的总交易费用约为1亿美元。至少有一个涉及Frenzy，CIC Digital的平台归特朗普本人拥有，尽管目前尚不清楚它收到的一块派。

The vast majority of buyers also lost out in an even clearer way. Look at this price chart for the token, courtesy of CoinGecko — virtually everybody who bought the coin after its earliest days has now seen the value of their holdings decrease, which is the opposite of what you want an investment to do.

绝大多数买家也以更清晰的方式输了。查看该代币的这个价格表，由Coingecko提供 - 几乎每个在其最早时购买硬币购买硬币的人现在已经看到了其持股的价值下降，这与您想要的投资相反。

When asked by reporters for comment on the apparent pump-and-dump scheme, Trump played dumb: "I don't know much about it other than I launched it... I heard it was very successful."

当记者要求对明显的泵送计划发表评论时，特朗普扮演了愚蠢的表现：“除了发起它，我对此一无所知……我听说它非常成功。”

The whole debacle is raising even more red flags about the volatility of memecoins, particularly as TRUMP copycats spill onto crypto platforms like fruit flies.

整个崩溃都在增加有关Memecoins波动的危险中，尤其是当特朗普模仿者溢出到水果苍蝇等加密平台上时。

Some scams are riding the coattails of Trump's obvious-yet-ambiguous recent crypto endorsements, like one pretending to be founded by his youngest son Barron Trump.

一些骗局正在骑着特朗普最近的加密认可的特朗普显而易见的代言，例如假装由他最小的儿子巴伦·特朗普（Barron Trump）建立。

Others are aping Trump's supposed legitimacy as the "Crypto President." In the wake of TRUMP's debut, for instance, hundreds of smaller crypto ventures sent samples of their memecoins to Donald Trump's digital wallet, evidently seeking to fake a presidential endorsement to dupe gullible traders.

其他人则是特朗普被认为是“加密总统”的合法性。例如，在特朗普的首次亮相之后，数百个较小的加密货币企业将其成员的样本发送给了唐纳德·特朗普的数字钱包，显然是在寻求伪造总统的认可来dupe易受损交易者。

This trick is possible thanks to a unique "feature" of crypto, where records of transactions are permanently imprinted into the blockchain for public viewing. That publicity is often touted as one of crypto's strengths, but is increasingly used to manufacture the type of misinformation and hype and which enables crypto fraud.

由于加密货币的独特“功能”，这种技巧是可能的，在该功能中，交易记录被永久印在区块链以供公众观看。该宣传通常被吹捧为加密货币的优势之一，但越来越多地用于制造错误信息和炒作的类型，并启用加密欺诈。

"[Trump has] opened the floodgates to deception... and at a minimum to rampant speculation," Eswar Prasad, an economist at the Brookings Institute told the Financial Times.

布鲁金斯学院的经济学家埃斯瓦尔·普拉萨德（Eswar Prasad）告诉《金融时报》：“ [特朗普]为欺骗开放了欺骗……至少要猖ramp的猜测。”

While rampant grifts are nothing new to the memecoin space, their growing legitimacy at the hands of our elected leaders is. At a time when state lawmakers push to put public funds on the blockchain, one thing's for sure: the scams are just getting started.

虽然猖rift的grift脚对于成员空间并不是什么新鲜事物，但他们在当选的领导人手中的合法性日益增长。在州立法者推动将公共资金投入区块链上的时候，肯定是一件事：骗局才刚刚开始。