In the first phase, four spot assets were launched, and as a result, Mubarak was severely drained and is now malnourished.

If Mubarak cannot break through its previous high, the top narrative in the BSC ecosystem will be capped at 100M.

Aside from the top narratives, everything else is around 60-30M.

You ask if there’s profit? Yes, but if the ceiling doesn’t rise and instead falls, ultimately everyone will still go play in the SOL ecosystem.

After the voting results were announced last night, I started researching the possibilities for the second phase of voting.

Currently, the only two viable options are $BUBB and $bnbcard.

So I have chosen to continue holding these two.

Additionally, I have also started positions in $Koma and $CTD.

The narrative for the former goes without saying; it is the strongest in the community, with no rivals, and it has consistently been working hard without being called upon.

The latter is the leading education meme, currently with a market cap of around 2M, and its low has always been around 1M.

The core logic is that voting for new coins cannot only be about memes; there will be various good communities, concepts, and market caps to choose from for alpha.

Of course, I am also currently observing $TAT and $TTAI.

If it reaches my expected threshold, I will also consider starting a position.

In short, if the ecosystem continues like this, launching spot assets without opening up new patterns will only allow for taking a multiple and moving on to the next one.

I hope Binance can seriously think this through; otherwise, a well-structured chain could end up with no users.