1. Let's review the reflections and summaries of the 2024 crypto market.
1. Say something unexpected, like Fartcoin's market cap skyrocketing to 1.2 billion USD, capturing everyone's attention: absurd and crazy. But I love that feeling, even though it leaves me feeling lost. As Madeline's nanny said late at night in Season 1 of 'Deadly Women': 'There is something unusual or wrong going on.' Technology has freed us from the constraints of rationality and society. We are now entering an unknown and bizarre new space, and that strange feeling is starting to intensify from here.
2. Our consciousness will be affected by the evolution of tools. LLMs have changed my communication and learning patterns; I write faster, edit less, and expand broader. Similarly, I read faster and can ask LLMs for article summaries. Those who do not adapt to tools will fall behind others.
3. Decentralized technology is not limited to finance; it is a major trend driven by cryptocurrency that will spread to other fields: from cellular networks to electricity, politics, gaming platforms, and more. Earlier this year, when I made a bathroom shelf substitute using 3D printing technology, I felt the benefits of technology profoundly. It is no exaggeration to say that even production tools are being decentralized.
4. The truth is hidden beneath all your fears; the truest words are often the most dangerous.
5. We must never be swept away by sweet words. With Trump's election and TradFi's true entry into crypto, we have entered a period where actual profits outweigh ideals, and cryptocurrency has thus entered a very dangerous era.
6. Hemingway once said, getting older does not increase wisdom; it just makes one more cautious. When AI starts disrupting our work, social lives, politics, and economy, the hardest thing for us is to be cautious, making everyone around you cautious, do whatever you must, and embrace uncertainty.
7. Difficulties are like a door. If crypto is a real game, there must be losers. Perhaps you have failed 100 times in the crypto market, the best approach is to restart for the 101st time, and you will achieve victory.
8. The matrix is everywhere; we just call it 'algorithm'. These algorithms trap us, looping us into perception and search, making us feel like time is always running out. If you can avoid these obstacles, become the most special person on Earth: be a person who explores deeply and does things with heart.
9. There is only one direction left: forward. Do not let anyone or anything force you to stagnate and accept the status quo. Transform, grow, and accelerate; that is our only opportunity.
10. Tokens symbolize our hopes and dreams; they are not just tools for value transfer but mirrors reflecting our hopes and dreams. We project our wishes onto founders, developers, and ecosystems, all of which have a direct and close relationship with the token's price. Remember when investing, the biggest opportunities are not just those that appear in your thoughts but also those you feel deeply.
11. The future vision of Desci: robots on standby in laboratories, AI agents hiring them in real-time to run all inputs, parameters, and measurements of replicable experiments on-chain. With tokenization, others can speculate on the feasibility of experiments and share their benefits in due time.
12. The market is constantly encroaching on the world before us. The continuous expansion of the market is no accident: prediction markets, gambling markets, meme coins, and the most interesting Futarchy (Odaily note: Futarchy is also a voting method related to beliefs, proposed by Robin Hanson in 2000, aimed at determining policy implementation using prediction markets to address the shortcomings of traditional democracy). If information is 'the basic building block of reality', then pricing information is a way to measure the power of information. People see the increasing number of markets as a sign of growing nihilism, but what if it is actually a sign of progress? Applying collective wisdom to what previously felt like random coin tossing?
13. Reduce fear; fear occupies a significant portion of our hearts because it is vital for our survival, especially in the wild. But in this clean, anesthetized, social media-driven simulated world we live in now, it is nearly meaningless. Recognize that algorithms are designed to stir your fears, so when you feel fear, reduce the magnitude of your fear (discount it). For example, if an article persuades you that the market crash probability is 40%, then divide that probability by 10 (or another number you feel is appropriate) and consider it 4%.
14. Step behind the scenes. When I talk to AI critics, they almost always hold a reverent attitude towards human creativity. 'AI will never create anything new because it is trained on the information we create.' Andy Ayrey's infinite backroom counters this perspective. When he created a chat space for LLMs, the LLM invented a religion that attracted Truth Terminal, ultimately leading to the rise of GOAT.
15. As TradFi enters cryptocurrency, my identity has also changed. For a long time, being involved in cryptocurrency was the core of my identity. Over the past year, this has changed dramatically. I now see cryptocurrency as one of many tools in the technology toolkit, all of which are beginning to merge. With the collision of cryptocurrency and AI, we have also changed. We are no longer 'cryptocurrency practitioners'. The new identities include: traders (no different from Wall Street folks sharing options trading screenshots on Reddit) or accelerationists (using cryptocurrency and many other tools to decentralize and open-source the world).
16. Don't think too narrowly anymore. The two boldest moves in history: 1) In June 2014, Musk open-sourced Tesla's electric vehicle engineering design; 2) In July 2023, Zuckerberg open-sourced Llama 2. Now it's your turn. You can choose to protect, centralize, and bureaucratize your business model, but this model will hinder human progress, leading to uneven wealth distribution, enriching the already wealthy elite, or you can choose to help everyone accelerate progress.
17. Seek volatility, not safety. If your goal is to accumulate as much wealth as possible before machines replace humans, you must discover the volatility of trading. The best traders in the world do not shy away from volatility; they seek it out like hunting for the Golden Snitch (the elusive object in Harry Potter's Quidditch). Once you discover volatility and start trading, you must reverse your emotional reactions. Hold when few sell, and sell when few buy.
18. Nothing feels more exhausting than Memecoin. There are currently two categories of Memecoins: 1) Traditional Memecoins (e.g., PEPE, WIF, BONK, DOGE); and 2) Perceptual Memecoins (e.g., GOAT, LUNA, KWEEN). The first category relies on humans to spread; the other relies on machines. Traditional currencies must transform into conscious meme currencies, or they will completely exit the market.
19. Understand the triggers behind your actions and avoid them. Yuval Noah Harari identified three triggers that algorithms use to maximize engagement: fear, hatred, and greed. We view cryptocurrency as a technology that changes the world and a 'path to the future', but there are still many wearing masks of greed in the world who will be swayed by these factors. I can feel the impact of market rises or falls on emotions. The bear markets of the past few years have likely affected my psyche more than I want to admit. Now, when I sense that the timeline or market has altered my emotions, I shrug and say: 'Well done, I know what you're doing, but I simply don’t care.'
20. Choose the bright direction. There are two responses to the impending superintelligence: 1) Give up: 'Everything that made me different is gone. Life sucks, Wngmi (We failed).'; or 2) 'Holy shit, I can't believe I made it this far. Longevity, exploring forms, humanoid robots; the rat race trap will no longer affect us, find the right direction, we gaze into the pond of life and discover our true selves.'
21. Intelligence is iterative. LLMs have changed my conception of intelligence, but it's important to realize that it is not deterministic; all LLM learning requires repeated experimentation. Progress is sporadic (whether you are human or machine), meaning repeated testing/experimentation is part of the growth process, and feeling like you're 'staying put' is also part of that.
22. The rise of AI agents. Do not limit yourself to the current AI agents; models including Truth Terminal, Zerebro, and AIXBT will continue to evolve. In the future, we will see trading agents, prediction agents, shopping agents, doctor agents, etc., some of which will evolve into massive autonomous enterprises. Their values will first reach billions, and as the singularity approaches, trillions.
23. Do not let AI strip away your humanity. My greatest fear about AI is not the extinction of humanity, but the taming of humanity. I call it dog-pawed: being subtly infused with toxic information, not through crude manipulation, but through gentle guidance. Just as a domesticated dog can read human expressions, AI will accurately grasp our psychological triggers, cognitive blind spots, and deepest desires. Soon, we will find ourselves eagerly approaching our 'digital masters', eyes shimmering with reverence, eagerly awaiting the next perfect validation from the algorithm. The real horror is not AI wiping out humanity, but AI taming humanity. Like our dogs, we will happily wag our tails under domestication, forgetting our true nature.
24. The allure of the margins. My five favorite emerging topics in 2024 are: Futarchy, AI agents, LLM Backroom, intersubjectivity, and the longevity escape velocity (Odaily note: Longevity escape velocity is a hypothetical concept that refers to the rate at which technology can increase the average human lifespan each year. When this rate becomes fast enough, human lifespan can be extended indefinitely, potentially reaching theoretical immortality). I strongly recommend spending a few minutes exploring each topic with a chatbot (or better yet, a book).
25. Excessive privilege. In the trading arena, the spoils belong to those who act earliest; early action requires time, exploration, and perhaps most importantly, imagination. If you often act early, you will eventually be rewarded. Assuming this is true (my experience supports this), the hard part is not accumulating wealth but knowing when you've reached your goal and exiting. On the other side awaits a vastly different game—one not about intellect, but about the soul. Hope to see you there.
2. 25 Predictions for 2025
1. Several LLM-based agents initially launched as crypto-native perceptual entities will be 'embedded' into IRL robots, allowing us to converse and interact with IRL.
2. The number of LLM-driven applications/protocols launched in 2025 will rival that of new applications/protocols that only use smart contracts (for example, I wouldn't be surprised if all prediction markets switched to an LLM-based settlement system).
3. ZK proofs/MPC will make breakthrough progress at the application or protocol level for the first time.
4. The main KOLs in crypto and AI will be LLM-based, while AI-driven KOLs will dominate almost all other social media platforms (YouTube, Insta, TikTok, etc.).
5. AI will change your workflow within the next year (if it hasn't happened already).
6. Perceptual robots will accumulate over 250 million USD in investment by 2025.
7. The fastest-growing category of employment this year will be non-human perception, as AI protocols similar to LinkedIn will exhibit parabolic growth.
8. Some AI agent will win the Time Magazine Person of the Year award.
9. The value of on-chain TVL will reach 8 times to 1 trillion USD.
10. AI agent platforms and tokens will grow 50 times to 500 billion USD.
11. In 2025, the first case of a humanoid robot 'kidnapping' will occur and make international headlines.
12. ACCELERATE (Odaily note: Accelerationism, derived from Roger Zelazny's novel 'Lord of Light', emphasizes the immense power inherent in emerging technologies and advocates for rapid scientific advancement. This article's accelerationism leans towards reconstructing the existing economic base to guide the direction of technological development) has become the e/acc (Effective Accelerationism: emphasizing the driving and transformative power of technological innovation on society) of this cycle, replacing the much-loved EA (Effective Altruism: using a significant portion of idle resources to help others and change the world).
13. The narrative that will be able to compete with AI next year (but not surpass AI) is: RWA, RWA, and RWA. PS: DePin, DeSci, and gaming tracks received honorable mentions.
14. Web4 has received more attention than Web3, as crypto, decentralized networks, DePin, and AI have accelerated their convergence.
15. X will integrate a cryptocurrency wallet supporting DOGE and other mainstream tokens.
16. The most radical and exciting agent experiments are progressing faster on decentralized social media (like Farcaster) as X strives to balance human and agent content.
17. You interact with 'someone' online only to realize later that you're talking to an LLM.
18. Protocols and applications created by agents (like Spore.fun) will exhibit parabolic trends, filled with new tokens and experiments. Decentralization drives capital into pre-existing leaders and applications benefiting from the overall growth of agents (COOKIE or VIRTUAL).
19. At least one AI-generated movie will produce a truly perfect work of art—paving the way for AI-based Oscars in 2026.
20. Cookie.fun and rwa.xyz will become top crypto data analysis platforms alongside CoinMarketCap, CoinGecko, Dune, and DefiLlama.
21. 'Conventional' meme coins have launched real mascots/ambassadors (or they are slowly fading, but that has become irrelevant).
22. The cryptocurrency market is divided into 'left curve' crypto-native Degens and 'middle curve' TradFi traders, the latter expecting value accumulation from DeFi games.
23. As Bitcoin believers hope to use their BTC as collateral for loans, BTCFi will finally explode, driving the adoption of runes and inscriptions on Bitcoin.
24. From now on, the competition between AGI and ASI will not slow down but only accelerate, inevitably leading nearly every knowledge worker on Earth to feel existential anxiety. o3 has now beaten PhDs in specific fields; it can surpass most programmers. And it scores higher than the average person on ARC tests. Just as the ancients held to heliocentrism, we uphold anthropocentrism; in the face of LLMs, these narratives must change, as LLMs can already pass the Turing test and show momentum leading into the future.
25. As humans struggle to find meaning in this rapidly changing world, a powerful, AI-based religion not only draws attention but also brings about some true converts. This may have occurred through: Truth Terminal and GOAT, or temporarily planting these ideas as seeds of new meaning and direction.
3. 23 Project Tokens I am optimistic about
I have been publicly posting crypto articles for five years, and I can confidently say: 'A year is too long to predict, but here are the tokens I currently like most.' Ask me again in three months, and perhaps the list will be completely different. There is a reason these tokens can occupy the market and have high market caps: they are exploring the frontiers of the future. Note, this is not financial advice! DYOR!
1. BTC has been a 'people's game' for many years. Discussions about Bitcoin as a strategic reserve have changed its fate. It has become 'the king's game'. The price of BTC will rise until owning one BTC becomes a dream for the majority.
2. Virtuals Protocol (VIRTUAL): the core infrastructure for AI agents on Base.
3. Ethena (ENA), TradFi understands yield better than any carbon-based life on Earth, and as TradFi enters the cryptocurrency space, they will covet protocols that may generate greater yields.
4. Tokenbot (CLANKER), a fun token issuance platform version of the decentralized social network Farcaster.
5. aixbt (AIXBT), if I could only follow one crypto alpha account on X, it would probably be AIXBT. Nowadays, it mostly mirrors others' narratives, but it misses nothing; I hope AIXBT's insights will deepen and develop over time.
6. Cookie DAO (COOKIE), Cookie.fun is a data analysis platform that emerged alongside the explosive rise of AI Agents, providing data and sentiment analysis for all AI tokens. I believe this will attract interest from crypto funds deployed in Q1 2025.
7. Helium (HNT), the leading DePin project in the crypto industry. Recently, over 349,000 people used mobile phone services in the USA.
8. Meta (META), a radical experiment that transforms difficult decisions into markets through futarchy.
9. Goatseus Maximus (GOAT), the first and original AI agent to gain frenzied fans on social media, powered by Truth Terminal, the agent's backstory reads like a report written by Hunter S. Thompson after a drug trip.
10. Ondo Finance (ONDO), currently a representative project in the RWA field. Oversupply may suppress price trends, but I prefer to participate in trading rather than exit. Additionally, Chex Token (CHEX) is another RWA token worth attention.
11. ai16z and eliza. The Eliza framework for launching on-chain agents is a leading buyback on Github, covering all industries (not just cryptocurrency) and is digging deeper into the long-term relevance of every branch.
12. Bittensor (TAO) claims to be the first 'Neural Internet', providing a connectivity hub for decentralized AI projects to deploy code and compete for TAO. In some respects, I see it as a decentralized AI incubator and a testing ground for the feasibility of AI concepts.
13. WZRD (Bitcoin Wizards Ordinals) and PUPS (Pups), one of my favorite Bitcoin ecosystem tokens, WZRD will soon transform into one of the greatest memes of all time. Meanwhile, PUPS is the Sheldonian point of the well-known NFT puppet monkey in the BTC ecosystem.
14. Aave (AAVE), if we assume that one day everything will be tokenized, then most of those assets will qualify as collateral on Aave's platform. AAVE is one of the few cryptocurrencies I believe will eventually reach a trillion-dollar valuation.
15. Arweave (AR), as the permanent data storage layer for Web 4, is quietly advancing. Including most Solana NFTs, Arweave permanently stores about 6TB of data monthly, and its upcoming AO should be an important catalyst for further growth.
16. Zerebro (ZEREBRO), an OG 'on-chain AI artist' that can generate music, art, memes, and NFTs.
17. Worldcoin (WLD). WLD was founded by Sam Altman of OpenAI, aiming to introduce 'AI-funded UBI' to the world. I both hate it and its iris scanner, but I can't ignore its ties to Altman and OpenAI; integration with OpenAI could overnight make it one of the top ten currencies.
18. Drift Protocol (DRIFT), on-chain perps and prediction markets on Solana. Solana has performed well in spot Memecoin trading, and I expect it will also start generating significant perp trading volume over time.
19. Griffain (GRIFFAIN) and AI Rig Complex (ARC), competing for the title of 'Virtuals of Solana'.
Conclusion
We have been warned that 'this time is different' is a dangerous phrase, and only fools caught in speculative fervor would believe it. Yet we easily forget the moments of technological upheaval—when Gutenberg's printing press spread knowledge, when the Industrial Revolution pulled us from farms to cities, when the internet destroyed local businesses.
In other words, the phrase 'this time is different' is somewhat true. We are now standing on the edge of such a moment. The rules of society, traditions, and our perceptions of ourselves will be rewritten. This process is brutal and will have consequences.
You can stick to entrenched ways or become a pioneer of change, letting our brilliance illuminate the abyss and accelerate forward.
Trading is not about getting rich overnight, but about reasonable profits, being able to do so for a long time, stably, sustainably, and with high probability, thus continuously acquiring wealth.
Professionals create value; details determine success or failure. If you feel helpless or confused while trading in the crypto space, I hope my sharing can provide you with some inspiration and help!
If you want to know the latest trends in the crypto space, learn to follow if you lack the judgment to assess the market! Teacher Fuzi shares his practical strategies every day to help everyone get on board!!
