In this round of market, I have seen a lot of altcoins driven by substantial funds.
This is almost filled with SOL, BSC, ETH, ARB, TRX chains.
To say that these fund-driven altcoins are completely useless is actually true; they have no use at all.
This includes a series of MEME coins launched by Binance.
This custom may have started since the DOGE era, but the DOGE that began in 2013 at least had a gimmick of tipping, and its mining mechanism is similar to Bitcoin. This made DOGE popular among many celebrities like Musk and Trump. Its market value has continuously broken new highs and has survived for 12 years until today.
But since the start of Ethereum smart contracts, millions of various altcoins have flooded into the LV1 network, and the phenomenon of bad money driving out good continues to this day.
What seems correct for most people is actually wrong and not right at all.
This is a regression of human civilization, and also a dead end that goes against human health development.
Since 2008, China has launched a 4 trillion investment plan lasting two years, with 1.5 trillion allocated to infrastructure such as highways, railways, airports, and water conservancy. At that time, many people felt that the steel, cement, and concrete did not enrich the people and were a wrong investment. But looking back today, this infrastructure has made it easier for people to move, made the circulation of goods faster, and accelerated economic development. It enabled China to become the world's second-largest economy, and in the May 2025 India-Pakistan conflict, China's weapon performance surprised the world.
In other words, China's success lies in infrastructure and the rise of a great nation's industry. Moreover, this obvious advantage has become even more prominent this year, with the launch of the Fujian, the JiuTian drone, controllable nuclear fusion in Hefei, and the 055 destroyer. More and more military and technological advantages have astonished the world regarding China's security, national strength, and technological power.
Magic City 3D City Version
Three years ago
Magic City has taken shape in terms of thought.
And it starts from the perspective of surrounding the city with rural areas.
The first problem solved in the game is the issue of food.
It should be noted that what Chinese people value most is food.
When Chinese people meet, they always ask, have you eaten?
Therefore, the most basic game task in Magic City is to farm, grow vegetables, and ensure everyone has land and food.
With the evolution of the game in 2025, it has now entered the urban stage.
Similar to our current urbanization process, which exceeds 60%,
Everyone moves into high-rise buildings, flats, and villas; everyone has their own home. People exit their communities to go to schools, factories, shopping malls, and research institutions, learning and working to earn gold coins in the game.
It completely imitates the living scenes of modern people.
But one thing is that MCM has not developed quickly.
We see that the price of MCM on the chain is slowly increasing, but the transaction volume is insufficient, and the trading frequency is poor.
The difference is that we have also seen more people gradually pay attention to the Magic City game.
About 400,000 people have experienced the game.
This is a process where people gradually flock in after the internal infrastructure of the game continues to improve. Domestic demand is constantly being refined in the game, and with updates, more physical world scenarios may be realized in the Magic City game. This development process is somewhat like self-driving taxis and unmanned transport vehicles. Although only a few cities use them now, as people's acceptance of these unmanned devices grows, the iteration of productivity is almost an inevitable result following technological and scientific research advancements.
So although Magic City has just transitioned from 2D to 3D, a large number of scenarios require rare earth MCM to come into play. Currently, our demand for rare earth is almost exponential. However, this rise driven by non-financial factors is relatively slow compared to rises driven by funds. But it is more stable because rises driven by funds are a form of borrowing. We can fully understand that the rise of K-lines is a macro representation of borrowing relationships on the K-lines. However, the rise driven by domestic demand, even the rise of products in the game driven by internal demand, is formed by the supply-demand relationship, which is a natural evolution propelled by the advancement of productivity and production relations, departing from pure financial essence. We can understand that from the agricultural age to the steam age, due to the progress of productivity, more wealth has entered human society. Humanity has ultimately solved the problems of food and shelter, allowing many people to engage in cultural and scientific work. This has led to the development of wealth in society as a whole, and the current world is evolving from the Internet age to the AI era, where stronger productivity and better production relations will emerge, leading to a major change not seen in a century. This transformation will bring us more opportunities and wealth.
The Magic City that started with infrastructure is the cornerstone of the continuous rise in MCM prices we see. Although it is different from fund-driven altcoins, its foundation is more stable and easier to be discovered by more capital. I personally believe that the generation of value is ultimately a manifestation of advanced productivity and production relations.