It changes every day. After half a month of silence, it is "Trump time" again. He may be more active in the next week. It is expected that the market will be more volatile and require certain countermeasures. I personally think that as time goes on, the market will eventually become immune to "Trump's remarks", because no matter how evil he does, Trump will not let the United States fall into the risk of "global enemies" and economic collapse. The current tug-of-war is more like Tai Chi.
Be more patient, and let time take care of the rest! BTC is currently down 30% from its high point and rebounded 14% from its low point, which is in the middle position, and the K-line trend is in an upward channel. As long as it does not break the upward trend line, there is no need to worry!
Altcoins generally pulled back, but public chains, meme, socialfi, rwa and other sectors performed strongly.
Among them, Sui rose 10% against the trend. Its ecological project Wal was launched on Upbit and reached a strategic reserve cooperation with Wlfi. Sui also embraced Wlfi and became its strategic reserve.
ETFs have also received support from several institutions and are expected to become first-tier public chains. I personally think that there are only four first-tier public chains: ETH, SOL, BNB, and TRX.
In addition, MKR rose nearly 10% in a single day and was invested by whales. As an RWA project that has not yet taken off, if it is favored by institutions such as BlackRock and Fidelity or supported by WLFI, its market value is expected to match that of ENA and ONDO, which are worth nearly 10 billion. Currently, MKR FDV is only about 1.2 billion, and there is huge room for growth.
The annual Hurun Global Rich List has just been released.
Elon Musk once again retains his title as the world's richest man with a fortune of 3.07 trillion yuan.
The richest man in the cryptocurrency field is Changpeng Zhao (CZ), the founder of AnAn, with a net worth of 160 billion yuan, ranking at the top of the global rich list.
The wealth in this market flows very fast. If any project on the chain becomes popular, HOLD's assets can soar to nine figures or even higher. As the helmsman of Binance, the world's largest exchange, who controls countless trading pairs and capital flows, is his actual wealth really only 160 billion? After all, he didn't even blink an eye at the $4 billion fine.
The Hurun List's statistical method for crypto assets relies heavily on on-chain assets, and it is obviously impossible for Hurun's statistics to keep up with market fluctuations. The assets of many bigwigs may be hidden in cold wallets or anonymous addresses, and the outside world has no way of knowing.
Therefore, I always feel that this figure of 160 billion is a bit "conservative".
