特朗普品牌的模因硬币成为唐纳德·特朗普总统家族公司的盈利新业务

对于唐纳德·特朗普（Donald Trump）总统的家族公司来说，模因硬币已成为一项有利可图的新业务。特朗普品牌的数字代币是特朗普组织（由特朗普先生的儿子管理的，总统拥有多数股权股权）的更广泛推动的一部分，该组织持有加密货币，这是特朗普先生曾经嘲笑但现在拥抱的一种数字资金形式。

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.

一家新的家族企业已经看到，唐纳德·特朗普（Donald Trump）总统的家族公司成为模因硬币的顶级投资者，该硬币正在与总统提供5月22日的晚餐，成为前220名象征持有人。

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.

特朗普品牌的数字代币是特朗普组织（由特朗普先生的儿子管理的，总统拥有多数股权股权）的更广泛推动的一部分，该组织持有加密货币，这是特朗普先生曾经嘲笑但现在拥抱的一种数字资金形式。

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日就职之前，特朗普先生开始向他的支持者推广两枚模因硬币，特朗普和$ Melania。 $特朗普的市场价值在推出至140亿美元后飙升。现在价值约20亿美元。

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.

上个月末，该代币宣布，该硬币的前220名持有人将被邀请参加5月22日在弗吉尼亚州的特朗普国家高尔夫俱乐部举行的晚宴，前25名还邀请了与特朗普先生一起参加“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.

此举引发了道德问题，总统的批评家说他正在从总统任期中获利，而后卫表示他没有违反法律，这项事件是由特朗普附属的实体组织而不是白宫组织的。

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.

民主党人抨击特朗普家族的各种加密货币企业，以销售总统职位的机会和获利。杰夫·默克利（Jeff Merkley）和查克·舒默（Chuck Schumer）于5月6日提出立法，以禁止总统，副总统，行政官员，国会议员及其家人发行或赞助加密货币和货币。

“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.”

参议员默克利说：“目前，希望与总统培养影响力的人可以通过购买他拥有或控制的加密货币来个人丰富他。” “这是一个非常腐败的计划。它危害了我们的国家安全并侵蚀了公众对政府的信任。让我们立即结束这一腐败。”

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.

根据彭博社的一项分析，$特朗普的非美国人持有人似乎是与总统赢得晚餐的竞选者之一，这引起了人们对外国影响的担忧 - 以及如何审查受邀者。组织者是一个名为Fight Fight Fight LLC的特朗普附属实体，他说背景调查是强制性的。在法律上，外国人不得向美国竞选活动和候选人捐款。

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新闻“与新闻界的“见面”采访时，他没有从家人的加密货币业务中获利。当被问及他是否从模因硬币中赚钱时，他说：“我什至没有看。”上周日，他询问了民主党议员的指控，他说，美国需要“统治”加密货币，以使中国没有，但不谈论他的家人的参与。

What is a meme coin?

什么是模因硬币？

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.

模因硬币是与特定的在线模因，社区或团体密切相关的数字令牌。与比特币这样的加密货币不同，模因硬币不是金钱的形式，并且以收藏品的形式销售，类似于与棒球卡相似，这些棒球是在专用社区中交易的。但是它们也是投机性投资的两倍。即使与比特币相比，它们的价值也很高。

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最初是一种模因硬币，埃隆·马斯克（Elon Musk）参考了政府效率或门槛的部门的创建。其他硬币具有卡通字符或AI生成的图像。每年都会创建和交易数百万个模因硬币。

How do meme coins generate profits?

模因硬币如何产生利润？

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.

硬币发行人从销售和交易费用赚钱。由于它们几乎没有发行，因此上升空间可能是很大的，尽管大多数模因硬币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.

更具争议性的是，及早获得价值飙升的模因硬币的投机者通常可以以更高的价格出售，通常是在硬币价值下降之前。与股票或其他证券不同，模因硬币不受监管，发行人不必向买家提供披露。批评家说，这允许内部人士的市场操纵，这些内部人士可以为买卖付出时间。

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.

根据《金融时报》的一项分析，在社交媒体上首次晋升之前的几分钟购买了梅拉尼亚的交易者。在梅拉尼亚·特朗普（Melania Trump）正式宣布了1月19日的真相社交推出的前几分钟，一小群交易者购买了价值260万美元的硬币。然后大多数在12小时内出售。

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

$特朗普的创建者包括特朗普组织和一个基于怀俄明州的团体庆祝卡有限责任公司，其所有权是不透明的。据估计，与特朗普相关的实体已经从代币的销售和交易中赚了数亿美元。这些实体还持有正在创建的10亿个令牌中的80％，这是价值数十亿美元的持有。这些令牌受