特朗普品牌的模因硬幣成為唐納德·特朗普總統家族公司的盈利新業務

對於唐納德·特朗普（Donald Trump）總統的家族公司來說，模因硬幣已成為一項有利可圖的新業務。特朗普品牌的數字代幣是特朗普組織（由特朗普先生的兒子管理的，總統擁有多數股權股權）的更廣泛推動的一部分，該組織持有加密貨幣，這是特朗普先生曾經嘲笑但現在擁抱的一種數字資金形式。

A new family business venture has seen President Donald Trump’s family company become a top investor in a meme coin that is offering a May 22 dinner with the president to the top 220 token holders.

一家新的家族企業已經看到，唐納德·特朗普（Donald Trump）總統的家族公司成為模因硬幣的頂級投資者，該硬幣正在與總統提供5月22日的晚餐，成為前220名象徵持有人。

The Trump-branded digital tokens are part of a broader push by the Trump Organization – which is managed by Mr. Trump’s sons, and in which the president holds a majority ownership stake – into cryptocurrency, a form of digital money that Mr. Trump once derided but now embraces.

特朗普品牌的數字代幣是特朗普組織（由特朗普先生的兒子管理的，總統擁有多數股權股權）的更廣泛推動的一部分，該組織持有加密貨幣，這是特朗普先生曾經嘲笑但現在擁抱的一種數字資金形式。

Ahead of his Jan. 20 inauguration, Mr. Trump began promoting two meme coins, $TRUMP and $MELANIA, to his supporters. $TRUMP’s market value spiked after its launch to $14 billion. It is now valued around $2 billion.

在1月20日就職之前，特朗普先生開始向他的支持者推廣兩枚模因硬幣，特朗普和$ Melania。 $特朗普的市場價值在推出至140億美元後飆升。現在價值約20億美元。

The token got a boost late last month when it was announced that the top 220 holders of the coin, in value, would be invited to a May 22 dinner at Trump National Golf Club in Virginia, with the top 25 also invited to a “Private VIP Reception” with Mr. Trump.

上個月末，該代幣宣布，該硬幣的前220名持有人將被邀請參加5月22日在弗吉尼亞州的特朗普國家高爾夫俱樂部舉行的晚宴，前25名還邀請了與特朗普先生一起參加“私人VIP接待”。

The move has sparked ethical concerns, with the president’s critics saying he is profiting from his presidency, while defenders say he is breaking no law and that the event is being organized by a Trump-affiliated entity, not the White House.

此舉引發了道德問題，總統的批評家說他正在從總統任期中獲利，而後衛表示他沒有違反法律，這項事件是由特朗普附屬的實體組織而不是白宮組織的。

Democrats have slammed the Trump family’s various crypto ventures as selling access to and profiting from the presidency. Sens. Jeff Merkley and Chuck Schumer proposed legislation on May 6 to bar the president, vice president, administration officials, members of Congress, and their families from issuing or sponsoring crypto coins and currencies.

民主黨人抨擊特朗普家族的各種加密貨幣企業，以銷售總統職位的機會和獲利。傑夫·默克利（Jeff Merkley）和查克·舒默（Chuck Schumer）於5月6日提出立法，以禁止總統，副總統，行政官員，國會議員及其家人發行或贊助加密貨幣和貨幣。

“Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns or controls,” said Sen. Merkley. “This is a profoundly corrupt scheme. It endangers our national security and erodes public trust in government. Let’s end this corruption immediately.”

參議員默克利說：“目前，希望與總統培養影響力的人可以通過購買他擁有或控制的加密貨幣來個人豐富他。” “這是一個非常腐敗的計劃。它危害了我們的國家安全並侵蝕了公眾對政府的信任。讓我們立即結束這一腐敗。”

Non-American holders of $TRUMP appear to be among those in the running to win dinner with the president, according to an analysis by Bloomberg, raising concerns about foreign influence – as well as how invitees will be vetted. The organizers, a Trump-affiliated entity called Fight Fight Fight LLC, said that a background check would be mandatory. Foreigners are legally barred from donating to U.S. election campaigns and candidates.

根據彭博社的一項分析，$特朗普的非美國人持有人似乎是與總統贏得晚餐的競選者之一，這引起了人們對外國影響的擔憂 - 以及如何審查受邀者。組織者是一個名為Fight Fight Fight LLC的特朗普附屬實體，他說背景調查是強制性的。在法律上，外國人不得向美國競選活動和候選人捐款。

In a recent interview with NBC News’ “Meet The Press,” Mr. Trump claimed he wasn’t profiting from his family’s crypto businesses. Asked if he had made money from his meme coin, he said “I haven’t even looked.” Last Sunday, asked about Democratic lawmakers’ accusations, he said that the U.S. needs to “dominate” crypto so that China doesn't, but didn't speak to his family's involvement.

特朗普在最近接受NBC新聞“與新聞界的“見面”採訪時，他沒有從家人的加密貨幣業務中獲利。當被問及他是否從模因硬幣中賺錢時，他說：“我什至沒有看。 ”上週日，他詢問了民主黨議員的指控，他說，美國需要“統治”加密貨幣，以使中國沒有，但不談論他的家人的參與。

What is a meme coin?

什麼是模因硬幣？

Meme coins are digital tokens that are closely linked to a particular online meme, community, or group. Unlike cryptocurrencies such as Bitcoin, meme coins aren’t forms of money and are marketed as collectibles, similar to baseball cards, that are traded within a dedicated community. But they also double as speculative investments. Their value is highly volatile, even compared to Bitcoin.

模因硬幣是與特定的在線模因，社區或團體密切相關的數字令牌。與比特幣這樣的加密貨幣不同，模因硬幣不是金錢的形式，並且以收藏品的形式銷售，類似於與棒球卡相似，這些棒球是在專用社區中交易的。但是它們也是投機性投資的兩倍。即使與比特幣相比，它們的價值也很高。

Dogecoin began as a meme coin that Elon Musk referenced with the creation of the Department of Government Efficiency, or DOGE. Other coins feature cartoon characters or AI-generated images. Millions of meme coins are created and traded every year.

Dogecoin最初是一種模因硬幣，埃隆·馬斯克（Elon Musk）參考了政府效率或門檻的部門的創建。其他硬幣具有卡通字符或AI生成的圖像。每年都會創建和交易數百萬個模因硬幣。

How do meme coins generate profits?

模因硬幣如何產生利潤？

Coin issuers earn money on sales and from trading fees. Since they cost virtually nothing to issue, the upside can be substantial, though most meme coins are thinly traded or not at all.

硬幣發行人從銷售和交易費用賺錢。由於它們幾乎沒有發行，因此上升空間可能是很大的，儘管大多數模因硬幣都是稀薄的或根本不交易的。

More controversially, speculators who get early access to meme coins that soar in value can sell at higher prices, typically before coins plunge in value. Unlike stocks or other securities, meme coins aren’t regulated and issuers don't have to provide disclosures to buyers. Critics say this allows for market manipulation by insiders who can time their buying and selling.

更具爭議性的是，及早獲得價值飆升的模因硬幣的投機者通常可以以更高的價格出售，通常是在硬幣價值下降之前。與股票或其他證券不同，模因硬幣不受監管，發行人不必向買家提供披露。批評家說，這允許內部人士的市場操縱，這些內部人士可以為買賣付出時間。

Traders who bought $MELANIA in the minutes before it was first promoted on social media earned nearly $100 million in profits, according to an analysis by the Financial Times. In the minutes before Melania Trump formally announced the token’s launch on Truth Social on Jan. 19, a small group of traders bought $2.6 million worth of coins. Most were then sold within 12 hours.

根據《金融時報》的一項分析，在社交媒體上首次晉升之前的幾分鐘購買了梅拉尼亞的交易者。在梅拉尼亞·特朗普（Melania Trump）正式宣布了1月19日的真相社交推出的前幾分鐘，一小群交易者購買了價值260萬美元的硬幣。然後大多數在12小時內出售。

The creators of $TRUMP include the Trump Organization and a Wyoming-based group called Celebration Cards LLC, whose ownership is opaque. The Trump-related entities are estimated to have already earned hundreds of millions of dollars from the sale and trading of the token. The entities also hold 80% of the 1 billion tokens that are being created, a holding potentially worth billions of dollars. These tokens are subject to

$特朗普的創建者包括特朗普組織和一個基於懷俄明州的團體慶祝卡有限責任公司，其所有權是不透明的。據估計，與特朗普相關的實體已經從代幣的銷售和交易中賺了數億美元。這些實體還持有正在創建的10億個令牌中的80％，這是價值數十億美元的持有。這些令牌受