Puzi has changed his mind again and restored the 90-day negotiation window with the EU. Bitcoin leads the charge, breaking $109,754, with a market value exceeding $2.18 trillion.

As the top platform coin in the universe, BNB has a market value of $94.5 billion and a price of $674.86, which is incredibly stable. The Binance ecosystem is holding strong. Recently, the HYPE coin, which has been looked down upon by several major exchanges, has approached a market value of $40 billion, with a 24-hour increase of 16%, now at $39.48, but this rise is too aggressive. Someone on X said it has peaked; the ecosystem of BNB is rich enough, yet it is still not even $100 billion, while HYPE, just a single contract 'big casino,' is already at $40 billion. Who is underestimated? Who is overestimated?

The Hyperliquid platform has been extremely popular this year, with a transaction fee of 4.65 million on May 21 alone, and a total of 55.4 million in May. This profitability outshines many projects, and the data looks great. Whales like James Wynn are very fond of such platforms, as these whales with over a hundred million in funds can bring substantial income to the platform. In the future, on-chain contracts will compete based on 'whale gamblers,' not just functionality. Therefore, if profitability keeps up, looking solely at the ecosystem isn't enough; the valuation of Hyper should not be compared to competitors from the ecological perspective but should rather consider its profitability. When the trend is correct, valuation is only temporary, and considering the time dimension might be even better.

Speaking of memes, MOONPIG is currently the number one in trading volume on the SOL chain, with a price drop of 50% followed by a 50% rise. This coin has been quietly rising recently, and today's breakout is largely due to James Wynn's support through MoonCapital. However, the community is filled with criticism because this guy previously made quite a name for himself on PEPE, clearing out during the ELON hundredfold and causing losses. With the recent crash of MOONPIG, some suspect he sold off, which he adamantly denies. This guy has not been shy about taking profits in the meme space; it seems that the accumulation of original capital inevitably has some unsavory aspects.