Recent Hot Topics in the Crypto Circle

The Pump project may launch its public offering next week, expected to go live on multiple leading platforms, with a financing scale of around 600 million dollars and a valuation of about 4 billion. Although the information was quickly taken down by the platforms, it is highly likely that the rhythm has not yet played out and is still in preparation.

Such a large scale of financing will have a significant impact on market liquidity in the short term. However, for asset allocation, this is actually a good adjustment window, especially for those holding inefficient altcoins, who may consider clearing out stablecoins in advance to leave room for participation.

After the Pump, market focus may shift to WLFI. Early participants have already achieved 8-10 times returns, and current market valuation expectations are at 13 billion dollars. As a key direction led by Eric, it has the opportunity to outperform some meme-type star projects.

Many new projects are starting with valuations in the hundreds of billions, making them more suitable for large capital allocation, and short-term high multiple expectations are narrowing. If one wants to achieve larger odds, it may be necessary to wait for projects like USD1 to break through in the stablecoin field, such as surpassing the market cap of USDC or USDT.

Overall, altcoins still appear weak; they struggle to move when the market rises and respond quickly during pullbacks, with independent market conditions being scarce. In the short term, it is advisable to primarily observe the trends of mainstream coins.

BSC has recently launched a new Alpha activity with a high frequency; those interested can accumulate points to prepare for future opportunities.