In the world of cryptocurrency, 'token creation' has long been the default business model. However, a series of recent events indicate that this logic of pure concept speculation seems to be facing a reshuffle. Projects willing to lean toward 'real applications' are beginning to stand out.
Trump personally promotes: social media going on-chain, is tokenization going to be serious?
Recently, Trump Media & Technology Group released a shareholder letter revealing plans to launch a 'utility token' on its social platform Truth Social for paying Truth+ subscription fees, with hopes to expand to more products and services in its digital wallet Truth.Fi. This not only signifies another layout by Trump in the crypto space but also signals the fusion of traditional political capital with Web3 applications.
This is not a baseless rumor. In January of this year, Trump's team applied for multiple trademarks, including 'software related to digital wallets', clearly paving the way for on-chain payments and user asset management within its ecosystem.
The underlying logic is clear: **it is not just about creating tokens for speculation, but about using tokens to build a self-circulating social-content-payment loop.** This is exactly the Web3 path that the market has long anticipated and has practical application scenarios.
The underlying logic behind this direction aligns with the current trend of retail investors frequently searching for 'practical token projects' and 'token-business binding models' on the Mlion.ai platform. With the help of Mlion.ai's AI news deep analysis function, users can quickly grasp the news background, on-chain data performance, and risk signals of such government-business interactive projects, effectively avoiding short-term projects relying solely on topic hype.
With declining support ratings and fluctuating polls, can Trump still become a super KOL in the crypto space?
Although Trump's camp has been active in the crypto space, according to the latest Reuters/Ipsos poll, his overall support rate remains at 42%, while support for his economic policies has dropped to 36%. Correspondingly, the proportion of respondents dissatisfied with the U.S. economic situation has risen to 56%.
This political uncertainty also casts a shadow over market sentiment. Crypto assets are highly correlated with the political environment, especially when key policymakers have clear attitudes toward stablecoins and digital assets, market fluctuations are often more severe.
In Mlion.ai's sentiment analysis and prediction model, discussions related to Trump on social media are highly correlated with trading activity. By tracking on-chain wallet behavior, news release times, and fund flows, the platform can help users better assess whether 'hot topics' are worth following or if they should take a cautious wait-and-see approach.
Intensifying policy games in the U.S., stablecoin legislation approaching a 'watershed'.
Another significant policy direction comes from the U.S. Senate. The GENIUS Act, expected to be voted on by May 26, will impose strict restrictions on who is qualified to issue payment stablecoins. This could become a key turning point for the stablecoin industry.
The Democrats accuse Trump of having close ties with relevant stablecoin companies, fearing this could lead to 'unprecedented conflicts of interest'. What this reflects is that stablecoins have entered the main battlefield of traditional political capital.
With the shift of the dollar's dominance and the rising demand for on-chain dollars, stablecoins are becoming a new infrastructure for the on-chain economy. According to monitoring by Mlion.ai, there are currently over 300 stablecoin projects on the 'watch list', and the platform's AI daily reports and research report generators are being increasingly used by users to analyze the supporting assets, issuance models, and coupling with traditional financial systems.
On one side, regulation tightens; on the other, capital flows surge: from El Salvador to Tether's alternative actions.
Under pressure from the IMF, the Salvadoran government has ostensibly suspended Bitcoin operations, but in reality, it has quietly purchased 32 BTC through the Bitcoin office, accumulating over 6,160 BTC. This shows that some national governments have clearly distinguished between 'off-chain policies' and 'on-chain operations' and are laying out crypto assets in a more flexible manner.
Meanwhile, Tether minted an additional 2 billion USDT in a single day, raising market concerns about 'on-chain dollar overflow'. This model of 'inventory before issuance' enhances market liquidity while also strengthening predictions of impending capital demands.
Ordinary investors find it difficult to detect unusual large fund movements and potential risks in real-time. Mlion.ai's on-chain address analysis and whale tracking tools can help users timely discover fund movements at Tether's level, even linking to liquidity changes in related projects or exchanges, helping you sense market storms in advance.
With a solid technical foundation and an emerging ecological structure, is capital returning at the right time?
From Base entering the first phase of Ethereum Rollup decentralization, Bunq launching cryptocurrency investment services, to BlackRock officially applying for DLT (blockchain) share classes for its $150 billion money market fund, the trend we see is that real-world assets and traditional financial institutions are steadily embracing blockchain.
This is fundamentally different from the past model of simply 'issuing coins to harvest retail investors'. Today's market values technical capabilities, ecological construction, and regulatory compatibility more. Mlion.ai's AI strategy diagram function is particularly suitable for such cyclical judgments - you can upload token candlestick charts or sector trend charts to quickly generate current market trend predictions and operational suggestions.
Summary: As short-term frenzy fades, value logic is returning.
Rather than saying the crypto market is deflating, it is more accurate to say it is undergoing an evolution from 'token creation' to 'value creation'.
In this evolution, we will witness a large number of projects without actual implementation receding, while truly implemented projects like Truth Social tokenization, BUIDL fund, Base protocol, etc. will emerge. For investors, the question is not whether 'the project is hot', but whether 'it is usable, controllable, and sustainable'.
Mlion.ai is a tool that helps users navigate through information fog and grasp trend contexts. It is not a following indicator for any specific coin, but rather your AI investment research partner, helping you make investment judgments based on value.
Disclaimer: The above content is for informational sharing only and does not constitute any investment advice. Investment involves risks; proceed with caution!