通過利用總統的模因硬幣，特朗普家族將其變成了兩個有價值的商品：認真的現金和與總統的機會。

在加密貨幣世界中，模因硬幣主要是沒有內在價值的笑話。但是特朗普一家正在將總統的模因硬幣納入兩個有價值的商品：

In the crypto world, meme coins are mostly just jokes with no intrinsic value. But the Trump family is parlaying the president’s meme coin into two valuable commodities: serious cash and access to the president.

在加密貨幣世界中，模因硬幣主要是沒有內在價值的笑話。但是，特朗普一家將總統的模因硬幣納入兩個有價值的商品：認真的現金和與總統的機會。

Since the coin was launched earlier this year, it has generated more than $320 million in fees for its creators, according to the blockchain analysis firm Chainalysis. And on Monday, Trump is set to host a dinner at his Washington-area golf club that’s open to almost anyone who buys enough of the coins.

根據區塊鏈分析公司的鏈分析，自今年早些時候推出了硬幣以來，它為其創作者產生了超過3.2億美元的費用。週一，特朗​​普將在他的華盛頓地區高爾夫俱樂部舉辦晚宴，幾乎所有購買了足夠多的硬幣的人都開放。

The top 220 holders of the meme coin will get to go to the dinner and the top 25 will also get to attend a reception where they can rub shoulders with Trump beforehand, according to the contest’s rules.

根據比賽的規定，模因硬幣的前220名持有人將可以去晚餐，前25名也將參加招待會，他們可以事先與特朗普摩擦。

“Let the President know how many $TRUMP coins YOU own!” the meme coin said on its website promoting the dinner.

“讓總統知道您擁有多少$特朗普硬幣！”模因硬幣在其網站上宣傳晚餐。

Trading activity in the meme coin jumped after the dinner was first announced and the price rose as well. But the Trumps don’t need to sell any coins to make money.

晚餐首次宣布，價格也上漲後，模因硬幣的交易活動也跳了。但是特朗普不需要出售任何硬幣來賺錢。

Decentralization is foundational to cryptocurrency. Bitcoin, the world’s most popular crypto, was born in the wake of the 2008 financial crisis as a digital currency meant to be uncontrolled by banks or governments.

權力下放是加密貨幣的基礎。比特幣是世界上最受歡迎的加密貨幣，出生於2008年金融危機之後，是一種數字貨幣，旨在不受銀行或政府的控制。

Trump meme coins can be traded on a decentralized exchange, which is essentially a place where traders can swap goods without a middleman.

特朗普的模因硬幣可以通過分散的交易所進行交易，這實際上是交易者可以在沒有中間商的情況下交換商品的地方。

Instead of matching buyers and sellers one by one, decentralized exchanges use something called a liquidity pool to ensure trades can happen easily and instantly. Liquidity pools are essentially a collective pot of funds that pair meme coins like $TRUMP with more popular types of crypto that can be easily traded.

分散的交易所沒有將買賣雙方一一匹配，而是使用所謂的流動性池來確保交易可以輕鬆，立即發生。流動性池本質上是一罐集合的資金，將模因硬幣與$ TRUMP這樣的模因硬幣與更受歡迎的加密貨幣類型相結合，很容易被交易。

When the Trump meme coin was first launched, its creators initially released 20% of the planned 1 billion total coins. Half of that 20% was put up for public sale while the other half was put into a liquidity pool. CIC Digital, an affiliate of the Trump Organization, and another company receive “trading revenue derived from trading activities” of the Trump meme coins, according to its website.

當特朗普模因硬幣首次推出時，其創作者最初發布了計劃10億硬幣的20％。該20％的一半被放在公開銷售中，而另一半被放入流動性池中。根據其網站，特朗普組織的分支機構CIC Digital，另一家公司獲得了特朗普模因硬幣的“貿易收入”。

Through the liquidity pool, the creators of Trump’s meme coins make money by charging tiny fees on each trade.

通過流動性池，特朗普的模因硬幣的創建者通過向每次交易收取微小費用來賺錢。

“You don’t really care about what happens to the price. You only care that there is continuous volume,” said Nicolai Søndergaard, a research analyst at the blockchain analytics firm Nansen. “Because the more volume there is, that means more trades and therefore more fees for you.”

區塊鏈分析公司Nansen的研究分析師NicolaiSøndergaard說：“您並不真正在乎價格會發生什麼。 “因為數量越多，這意味著更多的交易，因此為您收取更多的費用。 ”

Since cryptocurrency blockchains are public, it’s possible to track how much in trading fees has been paid. Chainalysis said Trump meme coin creators made more than $1.3 million in trading fees in the week after the dinner was first announced. The value of the meme coin jumped from about $9 to around $14 just after the announcement. It was trading around $11 on Monday afternoon.

由於加密貨幣區塊鍊是公開的，因此可以跟踪已經支付了多少交易費用。連鎖分析說，在晚餐首次宣布後的一周，特朗普模因硬幣創建者在交易費用超過130萬美元。宣布後，模因硬幣的價值從約9美元躍升至14美元左右。週一下午，它的交易約為11美元。

Launched just before he took office, Trump’s meme coin has become one of the most high-profile ways the norm-breaking president has mixed politics and his personal finances.

特朗普的模因硬幣是在他上任之前發射的，已成為規範總統政治和他的個人理財的最引人注目的方式之一。

The remaining 80% of Trump’s meme coins, which are still under a lock-up, have been allocated to CIC Digital and another company. An ethics agreement prohibits Trump from “day-to-day” decision making at the Trump Organization when he’s president and limits the financial information about the business that can be shared with him.

剩下的80％的特朗普模因硬幣仍處於鎖定狀態，已分配給CIC Digital和另一家公司。一項道德協議禁止特朗普在特朗普組織的總統時“日常”決策，並限制了可以與他共享的有關業務的財務信息。

During an interview with NBC’s Meet the Press over the weekend, Trump said he didn’t follow the price swings of his meme coin and dismissed the idea that he was profiting from the presidency. He also rejected a suggestion that he would forgo any profits made from his crypto endeavors.

特朗普在周末接受NBC的會議媒體採訪時說，他沒有遵循自己的模因硬幣的價格波動，而是駁回了他從總統職位中獲利的想法。他還拒絕了一個建議，即他將放棄從他的加密貨幣努力中獲得的任何利潤。

“Should I contribute all of my real estate that I’ve owned for many years if it goes up a little bit because I’m president and doing a good job? I don’t think so,” Trump said.

特朗普說：“如果我是總統並做好工作，我應該貢獻我多年來擁有多年的所有房地產嗎？”

The team behind Trump’s meme coins has been aggressively trying to promote the chance to eat with the president.

特朗普的模因硬幣背後的團隊一直在積極地試圖促進與總統用餐的機會。

“Good News! President Trump is allowing one more person to attend Dinner with Trump,” the meme coin’s official account on X said last week, encouraging people to reply with memes featuring Trump. “Our favorite $TRUMP memes will be shown to President Trump and we will pick 1 person who gets to come to the dinner on May 22nd!”

“好消息！特朗普總統允許另一個人與特朗普一起參加晚餐。” Mem Coin上週在X上說的官方帳戶上周說，鼓勵人們回答特朗普的模因。 “我們最喜歡的$特朗普模因將被向特朗普總統展示，我們將挑選一名在5月22日參加晚餐的人！”

The creators have also tried to up the ante by offering $100,000 Trump-themed watches to the top four holders of Trump’s meme coins.

創作者還試圖通過向特朗普的模因硬幣的前四名持有人提供100,000美元的特朗普主題手錶來提高賭注。

On Monday night, Trump is hosting a “Crypto & AI Innovators Dinner” fundraiser sponsored by his Maga, Inc. super PAC at his golf club outside Washington. An invitation to the event that circulated online indicates that those invited can pay $1.5 million per person to attend. The super PAC will be required to list donors in its

週一晚上，特朗普將舉辦由他的Maga，Inc。在華盛頓郊外的高爾夫俱樂部贊助的“加密和AI Innovators晚餐”籌款活動。邀請在線分發的活動表明，被邀請的人每人可以支付150萬美元的參加。超級PAC將被要求列出捐助者