This week is hot with 97,406,396,680 transactions, 15.4 million+ unique active addresses, soaring by 62.68% month-on-month, setting a historical new high. Uniswap's trading volume exceeded $20 billion, and retail investor Xiao Ming earns 5% daily; OpenSea NFT sales skyrocketed to 5000 ETH; Arbitrum's daily active users in chain games surpassed 100,000, with low Gas fees igniting enthusiasm.
Recently, Twitter has been buzzing about Chinese speculators taking over Ethereum, with whales hoarding ETH, and hot searches on Douyin interpreted as trading signals, even linked to China-U.S. trade negotiations. Regardless of the truth, E-Guardian has stood up, Ethereum's trading volume has surpassed BTC, and the price surged to $2,608, with risks and opportunities coexisting, it is still essential to invest cautiously.
$ALPACA This coin is quite interesting. A few days ago, news broke that Binance would delist it on May 2nd. Logically, such bad news should cause the token to plummet, but it instead put on a rollercoaster show of 'explosive rise - sharp fall - and then another explosive rise'. First, it surged over 10 times within two days after the delisting news, then it crashed sharply, and today it surged again by 45%. The methods of the manipulators are becoming increasingly sophisticated.
In my opinion, this wave of ALPACA is entirely a harvesting operation meticulously planned by the manipulators. Its low market cap and high control characteristics make it a perfect target for manipulation. Accumulating, pumping, shorting, and crashing—every step is textbook perfect. Especially in the three days before the delisting, the hard-earned money of retail investors became their windfall. Data shows that ALPACA's trading volume surged, and the amount of liquidated contracts exceeded ten million, with the main players leveraging minimal costs to generate maximum profits.
Putting aside conspiracy theories, it reminds us: the game of small DeFi coins is never a contest of technology, but rather a gladiatorial arena of human nature. The story of ALPACA's leveraged yield farming sounds beautiful, but can it continue after the delisting? I fear even the manipulators themselves are not concerned. Be cautious when chasing highs; the scythe that harvests retail investors does not recognize anyone. #ALPACA
➤ Is the Trump Coin Dinner an Expensive Meal or Token Marketing?
Yesterday, Trump announced a highly anticipated event: a private dinner will be held on May 22, 2025, at the Trump National Golf Club in Washington, D.C., inviting the first 220 holders of the $TRUMP token to attend. The top 25 holders will not only be able to attend the dinner but will also enjoy an exclusive reception before the dinner and a VIP tour of the White House the next day.
The registration process is relatively simple: Step 1: Connect your Solana wallet, which must hold at least 1 $TRUMP token. Step 2: Submit basic information (such as name, email, phone number), no KYC required, theoretically anyone can register. Step 3: Hold as many $TRUMP tokens as possible between April 23 and May 12; the more tokens you hold and the longer you hold them, the higher your ranking. Rankings are updated in real-time on the official website.
➤ Participants who qualify in the top 220 must pass a strict background check and cannot be from KYC prohibited countries (such as North Korea, Iran, etc.), and cannot bring additional guests, as this involves close contact with the President of the United States.
After the event was announced, the price of the $TRUMP token experienced a surge, rising from $8-9 to $16, with a maximum increase of over 70%, currently stabilizing at $13-14.
According to Tokenomist data >> On April 18, $TRUMP unlocked approximately 40 million tokens worth around $300 million, accounting for 20% of the circulating supply. >> The price fell from $14 to $12, even dipping below $12 at one point, indicating that market makers or whales were offloading. >> Since its launch on January 17, the $TRUMP token has reached a high of $73 and a low of $7.1, a decline of over 90%. As a "presidential token," this level of decline is quite abstract.
The official website states that the unlocked tokens will be locked again for 90 days, but does not specify which batch this is; is it the first? Or is it related to the previously mentioned March 18 event?
➤ Is the real purpose of the dinner to eat or to sell tokens? On the surface, this dinner appears to be an intimate interaction between Trump and his supporters, but considering the performance of the token market and the design of the event, its core purpose is clearly to stimulate interest through the hype of the "presidential dinner."
However, for a small number of high-net-worth individuals, the opportunity to exchange $100,000 for a chance to be in the same frame as the President of the United States still holds some allure, after all, dining with the President is a symbol of status in social circles. $TRUMP
Cryptocurrency Market Weekly Highlights: Volatility and Opportunities Coexist SkyAI Token Soars 100 Times, Meme Coins like Wizard and DARK Spike and Plunge, Bitget Exchange Faces Backlash, ABCE Announces Shift from Investment to Incubator... The market is bustling, with as many opportunities to make money as there are risks to fall into. #BNBChainMeme热潮 SkyAI: A Hundredfold Surge, Is It a Bull or a Bubble? SkyAI was undoubtedly the hottest project last week, having just raised $45 million. After launching its token on Sunday, its market value skyrocketed to $45 million, rising over 100 times compared to its initial price. However, this hundredfold myth looks appealing, but the risks behind it are not small. SkyAI primarily focuses on AI + blockchain, which is a novel concept, but its current market value of $45 million seems a bit inflated.
Meme Coins: Did the Wizards Fly High Only to Fall? Speaking of Meme coins, Wizard, DARK, and RFC also gained popularity last week. On Saturday, Wizard's market cap broke $10 million, and DARK and RFC surged significantly. However, over the weekend, there was a massive plunge, with Wizard dropping back to $8 million, and the others didn't fare much better. ourBIT and B Token: The Victory of Yield Farming In contrast to the rollercoaster of Meme coins, ourBIT exchange's B token was much more stable. After locking on Sunday, the price rose quite well, and those who participated in the interactions can check if their wallets are full. OurBIT's strategy is simple: attract people to play through airdrops and staking, and the token price naturally increases.
Bitcoin Ecosystem: Methane Project Peaks and Drops The Bitcoin ecosystem was also quite lively last weekend, especially with the Methane project, whose price soared to $300 per unit on Saturday, reaching a peak market cap, but then corrected to around $14 million on Sunday. This fluctuation was mainly due to the market's high enthusiasm for the Bitcoin ecosystem and the tendency for new projects to be hyped up.
Bitget Controversy: Exchange Faces a Setback The biggest news on Sunday was likely the 'setback' of Bitget exchange. The price of the Voxel project suddenly fluctuated wildly, and both grid trading and contracts saw profits for some, but Bitget ultimately decided to roll back the trades. The harshest criticism came from the fact that Bitget's CEO Gracy had previously made bold claims, which netizens are now ridiculing, a clear case of a 'boomerang'. Rolling back trades essentially tells everyone that the rules can be changed at will; where is the fairness in that? Bitget is likely to lose quite a few followers this time. In the future, if CEXs want to thrive, transparency and reliability are key, otherwise they will eventually be outcompeted by DEXs.
Yesterday, Bitcoin (BTC) broke below $84,000, and ETH couldn't hold above $1,600, with various altcoins dropping nearly 5% overnight. However, the Solana ecosystem seemed to be energized, while Meme coins, ZK projects, DeFi, and AI+Web3 tracks were struggling, some barely holding on, while others simply 'laid flat'.
Solana truly was the 'chosen one' yesterday! While the market was mostly in the red, it somehow ignited a slew of projects. This morning, a 'golden dog project' called FUR emerged, with several million-dollar projects suddenly going viral overnight. From the trading volume, the activity on the So chain is skyrocketing, especially DeFi leader ROAM, which has risen a staggering 50% over the past week.
Why is Sol so strong? First, on-chain transactions are fast and cheap; second, the community is having a great time. I believe there are signs of Solana's resurgence, with potential in areas like DeFi, NFTs, and blockchain games. I suggest keeping an eye on it, especially for new and emerging projects that might offer great opportunities.
Meme coins basically followed the market down yesterday, but ACT surprisingly rose against the trend. Some say it's due to speculative trading, while others think it's just a 'flash in the pan'. I feel that this rebound for ACT lacks solid logic, and chasing after it could easily lead to losses. Meme coins rely heavily on sentiment; they rise quickly and fall hard. Friends who want to play should be cautious, just invest some pocket money for fun, and avoid going all in.
The ZK track crashed last night, with some projects dropping nearly 30% in a day. The team stated that an admin account was hacked, while the community circulated that the founder's girlfriend's backup private key was stolen. This operation is too haphazard; a technical track like ZK should be stable, but with such poor management, I suggest avoiding ZK projects in the short term. If you want to invest, choose those with solid technology and reliable teams to avoid pitfalls.
There wasn't much action in DeFi yesterday, except for Solana's ROAM continuing to perform well, while other projects remained quiet. The AI+Web3 track fared even worse, with the previously popular FART experiencing a significant pullback in the last two days, and others like AI16Z showing no improvement.
Bigcoin had a strong rebound yesterday, but dropped 40% in just one day. As expected, projects that skyrocket often hide significant risks, so be cautious when chasing high prices. On the other hand, the blockchain game Cambria hasn't released its token yet, but is quite engaging, with positive community feedback. I think projects like Cambria, which are fun and grounded, might have opportunities. Friends interested can give it a try and also keep an eye on its token dynamics.
➤ A journey of growth and evolution amid ups and downs #币安HODLer空投BABY Bitcoin has dropped over 20%, Ethereum nearly 30%, and altcoins have plummeted by around 70%. Whether you're a veteran or a newcomer, this kind of volatility can be overwhelming; the entire crypto space is bleeding, and everyone is feeling the pain.
I've lost quite a bit myself. Even though I've experienced bull and bear markets before, each significant drop still makes my heart race. Not only has my account shrunk, but my mentality and faith have also been severely impacted. I get excited when the market rises and scared when it falls; this time the fluctuations are so intense that it's really hard for me to cope. However, I realize that no matter how I adjust my positions, I can't escape this pain.
1) During times like this, don't fumble around. First, take a moment to take care of yourself. Don't keep staring at the candlestick charts or scrolling through social media to make yourself more anxious. Have a hot meal, get good sleep, go for a walk, give your body and mind a break. Only by calming down can I think clearly about what to do next.
2) Adjusting my routine is much more important than fixating on account numbers. A stable mindset leads to solutions. Once I calm down, I take out paper and pen to review: Where did I lose this time? Was my position too heavy, did I fail to set stop-losses, or was I too impulsive? I write down the lessons learned to avoid making the same mistakes next time. Losing money hurts, but gaining insights can help me recover.
3) Don't rush to find opportunities to make up for losses; first, focus on living solidly. Sleep well, eat well, and move a bit. Once my mind is settled, I can talk about trading. I can't control the market, but I can control myself. I should look more at on-chain data, such as Nansen and DeBank, study how the big players operate, and learn some real skills. Rationality is more reliable than emotions; true experts grow stronger in calmness.
4) I remind myself not to rush to recover losses; that's a dead end. High leverage and reckless trading will only worsen my losses. After experiencing this wave of cleansing, I feel that losing money is a form of wealth; it helps me see my shortcomings and learn to proceed steadily. In the future, I will remain calmer, seize long-term opportunities, and not expect to profit from every trade.
If I continue to persevere, I am already stronger than 90% of those who give up. Losing money doesn't mean I'm incapable; how I face it is what counts. Slow down, adjust myself, enhance my understanding, and when the next opportunity arises, I will stand higher and go further. The market has its ups and downs; I grow amid the fluctuations, and my mindset and intellect are my trump cards.
➤ Short-term opportunities coexist with macro uncertainty #美国加征关税 Last night, the US stock market experienced severe fluctuations due to a piece of news regarding a "90-day tariff delay". After opening, the market first dropped and then rose, with the Nasdaq index bouncing from -5% to +4% during the day, a nearly 10% swing, making one lament that the US stock market seems to have become "meme-ified".
Although the rumor was later debunked, clarifying that tariffs had not been delayed, the three major US stock indices ultimately closed with only slight declines, with the Nasdaq even gaining slightly, overall performance exceeding market expectations.
This volatility directly led to a rebound in the cryptocurrency market, with Bitcoin showing a V-shaped reversal on the hourly chart, fluctuating around $80,000; Ethereum rebounded to $1,600, BNB rose from $540 to $560, while SOL, regarded as the "leveraged Bitcoin", returned to $110.
The rise and fall of mainstream coins highlight the current fragility of the value market: on one hand, it is constrained by negative macro policy (such as Trump's tariffs), and on the other hand, it faces a liquidity shortage, where any slight news can trigger a violent reaction.
Last night’s false news is a typical example, which triggered a rebound that led to approximately $350 million in liquidations of short positions across the contract market, with mainstream coins rising and secondary altcoins surging, even giving a brief sense of a "bull market atmosphere".
However, compared to the continuous decline from earlier, the rebound in altcoins is still a drop in the bucket. In retrospect, last night's bottom-fishing opportunity was more short-term; if bought before the rebound, one could exit in time after making a profit. The reason is that the market will face significant macro uncertainty moving forward.
Tomorrow will be a key point, as the US tariff policy towards China and China's countermeasures will become the focus of market speculation, with high variability.
In this context, it is recommended that investors adopt the following strategies: First, avoid contract trading and high-leverage operations to reduce risk; Second, if the trade war escalates and leads to a market crash, it may provide a good opportunity to bottom-fish for Bitcoin; Third, pay attention to opportunities on the SOL chain, as RFC strengthens and REMUS emerges, new trends may surface soon. Overall, it is advisable to be defensive, control positions reasonably, and patiently wait for a clear macro trend or new opportunities to arise.
➤A Glimmer of Rationality in Despair #美国加征关税 #加密市场回调 In the early hours of today, nearly all mainstream tokens experienced a drop of 10% to 15%, with even Bitcoin, a benchmark for the market, plummeting from a high of $78,000 to nearly $73,000 in just one day, a daily drop of nearly $5,000, aptly termed a "urine-style drop."
Ethereum's performance was even more dismal, once approaching $1,600, with its exchange rate against Bitcoin dropping to 0.029, even briefly falling below 0.02, returning to the low levels of 2020.
Other altcoins like Solana dropped from $295 to $108, mainstream DeFi tokens such as UNI fell to $5, AAVE to $130, and meme coins like Doge and Pepe saw declines of up to 70%-80%, leaving the market in a state of lament.
In the past 4 hours, the liquidation amount for long positions reached $400 million, with leveraged players almost being "completely wiped out." Is the market's decline due to exhausted liquidity, or is it dominated by panic sentiment? The answer may be a combination of both.
Last Friday, when U.S. stocks plummeted, Bitcoin only saw a slight decline of 1%, seemingly resistant to drops; however, today's correction was merciless.
What is even more concerning is that this week, U.S. tariff policies may come into effect, combined with the uncertainty of the A-shares opening after the Qingming Festival, and the potential circuit breaker risks in the U.S. stock market, the crypto market may face further challenges.
The Hong Kong Crypto Conference is ongoing, but aside from social entertainment and vague discussions on AI and meme topics, it has not brought any substantial benefits. Previously surging concept coins like CFX and MASK due to the Hong Kong conference have now also plunged to rock bottom.
I believe that the rapid liquidation may actually be a good thing; the current market's high volatility and low liquidity have amplified panic effects but also provided opportunities for rational investors.
My view is that at this stage, Bitcoin at $80,000 still represents a relatively high level, far from a reasonable buying point, and altcoins are even more "bottomless." Positioning should be controlled at 10%-15%, and only Bitcoin should be considered, as the risks of other tokens are too high.
This round of sharp decline has left even "diamond hands" holders numb, in stark contrast to the previous logic of "as long as you don't trade contracts, you’ll be fine." The cyclical decline of the crypto market seems to be inevitable, but history tells us that every valley is the starting point for the next rebound.
#AmericanBitcoin发布会 ➤ Low circulation can lead to short-term speculation, but it may crash later
$GUN started with very few circulating coins, only 6%, much lower than other projects. Plus, Binance Launchpool accounted for 4%, so in the short term, it might be speculated due to the principle of 'the less, the more valuable'. But by October, a bunch of coins will be unlocked, and if there’s no real progress in the project, the price is likely to plummet.
➤ The technology sounds impressive, but it’s actually not that great
GUNZ claims to have fast speed and low transaction fees, which sounds good for gaming, but to get on-chain, it requires the project’s approval, and the nodes have to be selected by them, which is far from the truly open and free nature of a genuine blockchain. Currently, there’s not much activity on the chain, and it feels like a 'single-player version', completely dependent on whether the game can take off.
➤ The affiliation with Avalanche has some gimmick
GUNZ is a subnet of Avalanche, which is somewhat of a highlight since Avalanche was a major chain in the last bull market. However, Avalanche is not popular now, and no matter how much GUNZ tries, it’s just a gaming chain and can’t revive Avalanche’s popularity, and it might not even benefit from its heat.
➤ There’s no support from the market at all
These people previously worked in real estate and advertising, and they are newcomers to Web3, so they probably won't interact well with the community. Currently, $GUN lacks popularity in the market; most buyers are from the small circle of Avalanche, and the trading volume is entirely controlled by the project team. If retail investors do not buy in, it will be doomed.
➤ Just because big-name investors are involved, does that guarantee a strong market?
Stars of the bull market like Jump and GSR have invested, which sounds impressive, but that’s old news now. It’s still unclear who is behind the scenes controlling everything, and Wintermute might be involved. Relying solely on a name to intimidate people is useless; the key is how they play with this 6% circulation.
$GUN may have some potential in the short term, as fewer coins make it easier to pump, but the project itself lacks solid assets, and the team is not very capable. With a bunch of coins unlocking later, it’s likely to crash. If you want to get involved, keep an eye on the Avalanche ecosystem and the game launch for opportunities, but don’t rush in blindly; it’s easy to get trapped.
This weekend was too boring, and there was not much movement in the crypto market, it can simply be described as "dead calm". #MEME币狂欢 1> $btc didn’t move this weekend, $ETH was even worse, continuously dropping, falling to around 1800 dollars, almost breaking 1800 yesterday. The ETH to BTC exchange rate hit a low of 0.02 this year, compared to 0.05 last year, dropping more than half in less than a year, a definite "diamond mine apocalypse".
No matter what coin you hold, as long as it’s not BTC, it’s basically losing value now. If Ethereum doesn’t rise, everyone just targets Vitalik with criticism, but if it does rise, he’ll probably be called "the lovely little V" again. However, the Ethereum Foundation hasn’t sold any coins recently, which might reduce selling pressure, so that’s a small ray of hope.
2> The BNB chain isn’t doing much better either, weekend trading volume has shrunk significantly, dropping from 1.8-2 billion to below 1 billion. Just two days ago it was fine, but it’s down 44% this week, and the hype is gone. BNB price has also slid to over 600, Launchpool yields have been cut from 2.5% to below 0.5%, and with a slight fluctuation, the holding cost disappears, it’s really a headache to hold.
Newly launched Meme coins are even worse, Banana has only a 53 million market cap, Mubarak dropped from 200 million to 60 million, and TUT is only 35 million, down 21%. Previously, it was normal for a Meme coin to have a market cap of three to five hundred million, but now it’s less than 1/10 of that, the market can be said to have been drained by Trump and Milei.
3> AI and Meme coins have also crashed severely. The recently popular Ghibli-style AI token fell from 40 million to 7 million, an 85% drop, and other AI coins like Kaito and Virtual generally dropped 30%-40%. The only one that rose, Fart, doubled but was just a flash in the pan. The entire market has no one willing to hold coins long-term, everyone is treating it like paper hands, with more and more projects coming up but no one to support them, naturally getting worse and worse, and forget about hundredfold coins.
Right now, the market is a big "bear", Ethereum is weak, the BNB chain is cold, and Meme and AI coins are crashing. Just continue to endure.
➤The "Hunting Hyperliquid" incident that occurred yesterday morning involved the Jelly Jelly meme coin, revealing the complex game between DEX and CEX, as well as potential vulnerabilities in the DeFi ecosystem. #币安合约将上线JELLYJELLY 1) The attacker opened a short position on Jelly Jelly on Hyperliquid while simultaneously selling a large amount of spot through another address to drive down the price, thereby allowing the short position to gain unrealized profits. Subsequently, the attacker withdrew the margin, triggering a liquidation, and transferred the position to be taken over by Hyperliquid's treasury (HLP). After HLP took over the short position, the attacker began to push up the price of Jelly Jelly, attempting to force HLP's short position to get liquidated to exhaust the treasury's funds.
2) HLP is similar to GMX's GLP and is a liquidity pool on the Hyperliquid platform, composed of funds deposited by users. If the price of Jelly Jelly continues to rise, the losses on HLP's short position will expand, potentially leading to full compensation by the treasury. 3) Binance and OKX quickly launched perpetual contracts for Jelly Jelly, further raising price expectations and intensifying pressure on HLP. He Yi even posted, "Okay, got it," possibly considering launching the spot.
➤Hyperliquid urgently delisted Jelly Jelly and settled the short position at a discounted price of $0.0095. As a decentralized exchange, Hyperliquid responded to the crisis by artificially delisting the token. In such an extreme situation, there really was no better way than to delist the project.
As for DEX, it is willing to see a leading DEX like Hyperliquid fail; after all, it's a business war. The flow of traffic is shifting from CEX to DEX, and launching the Jelly Jelly contract is viewed as a business strategy to take advantage of the situation.
The price of Hyperliquid's native token HYPE has dropped significantly. > How to put it, this incident has once again exposed the facade of decentralization. The so-called DEX can also be operated centrally and can be decided by a small group of people.
> DeFi projects are also so-called governance tokens, where everyone votes using governance tokens. But it has been observed that DeFi projects are basically decided by a small circle of people, revealing a false model of decentralization.
> There is never a true form of decentralization between centralization and decentralization. Even the spirit promoted by the crypto market is merely a slogan and cannot truly materialize.
1) The Loom project was initially hyped up by everyone. When it launched on Saturday, the price soared, and the market cap reached 8 million USD. However, it collapsed shortly after, and now the market cap is only 2 million USD, a drop of over 80%. This is a typical insider play: a sharp rise followed by a crash, leaving those who chased the high in significant losses.
2) The outrageous UUU project seems to be connected to an employee at Binance. The price also surged before plummeting, eventually going to zero. It is said that this employee made over 100,000 USD from this operation, engaging in insider trading and manipulating the market, leading to significant losses for others. In fact, such incidents are common on other chains as well. For instance, anyone who has played with meme coins on the Solana chain has likely been scammed by similar projects. When faced with such projects, it’s best to remain calm.
Other projects on the BNB chain are also performing mediocrely. For example, the leading project Mubarakah dropped to 130 before rising to 150, but overall enthusiasm is still quite lacking. It feels like there are fewer and fewer projects worth playing on the BNB chain.
3) $NIL
The NIL project just launched today. This project is purely a VC operation, and the background is quite complicated. It is rumored that it may be driven by interest groups from Dubai. There are too many such cases in the crypto space; even if the interest group changes, the outcome remains the same: harvesting the sheep.
Mainstream DeFi and meme coins are currently stagnant. The Trump coin previously surged just because Trump said a few words on social media, but now people have lost confidence in him. The mainstream meme coin market is struggling to show signs of life, and the same applies to DeFi projects, like UNI, which dropped from 19 USD to 6 USD, a decline of over 70%. Anyone holding altcoins is in for a rough ride.
➤ There is some good news regarding Bitcoin spot ETFs; there has been a net inflow in the past week, ending two months of decline. However, the inflow isn't substantial, and Ethereum is faring even worse, still experiencing net outflows. It's truly a case of being unable to lift oneself out of the mud.
On Binance's list of price fluctuations, some old projects have started to harvest again. For example, $AUCTION has dropped over 60%. The manipulation methods are too ruthless, and the market is very difficult to navigate; it's better to wait for opportunities. #币安上线NIL #AUCTION/USDT.
Binance Wallet @Binance Wallet Chain New IPO, the 4th issue is here
Binance Wallet's new IPO activity is the $PARTI project, which mainly focuses on the infrastructure of the chain abstraction track. In simple terms, it helps different blockchains work better together and makes the entire blockchain ecosystem more efficient.
Moreover, it is also the parent company of a cross-chain trading platform @UseUniversalX, which allows users to trade assets between different blockchains.
According to official information, PARTI will be launched on Binance soon, so everyone is interested in it. Last time, I was stuck for half an hour in the new IPO and earned 84U of chicken leg rice. This time, the new IPO time is very short, from 6 to 7 tonight, a total of only 1 hour, and each person can invest up to 3 BNB to participate, and it is first come first served.
> Reminder: If you use multiple accounts to participate in the new IPO, you must pay attention to the face verification link. In the last activity, those who registered with their family members' real names could not participate smoothly due to risk control issues. #BinanceHODLerAirdropPARTI#BinanceAlphaNew $BNB $PARTI
➤ The "Bustle" and "Helplessness" Under Sideways Fluctuations
Although the cryptocurrency market experienced a slight rebound over the weekend, the momentum was limited, with an overall increase of only about 3%, still within the sideways fluctuation range. BTC rose to 85,000, ETH hovered around 2,000, and SOL approached 135 USD. #币安投票上币 On the BNB chain, projects like QUQ and BUBB are gaining popularity. Binance's voting for listing activities is also quite lively, with leading ecological products and various meme projects on the BNB chain, banana and siren currently ranking high, and may be listed soon. There are also reports of community members sending small red envelopes of ten or a few dollars to pull votes, reflecting some element of indirect bribery, but also showing everyone's enthusiasm for participation.
Binance's voting for listing activities is also quite interesting, with Ethereum being the most vocally supported "listing" target in the community, illustrating how much Ethereum is struggling. Buying Ethereum at a cost of around 11,600 in 2023, while Bitcoin has risen more than 3 times, 4 times, Ethereum has only seen a slight increase, making this market condition truly torturous for "diamond hands".
#币安投票下币 Aside from Bitcoin, most other assets are in a "being cut" state. In this round of market conditions, only "paper hands" can profit by chance, while the "diamond hands" are losing heart amidst their steadfastness, especially with altcoins, whether mainstream DeFi or mainstream meme, holding long-term is basically hard to escape being "cut like leeks" $BTC $ETH
Binance Square Official
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We now invite users to participate and vote on the first batch of Vote to List projects.
How to Vote: - Each user can vote for up to 5 projects, with the option to vote for fewer if desired. Each verified account can only allocate one vote for one project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
Vote Period: 2025-03-19 17:00 (UTC) to 2025-03-26 16:59 (UTC)
The first batch of Vote to List pool is exclusively for BNB Chain-based tokens. Future voting rounds will expand to include all tokens featured in Binance Alpha.
Disclaimer: While we value and will take into consideration the vote results, they are for reference only and do not determine any decision or action Binance may or may not take. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards. Project description is for reference only. More details: [[T&Cs and Disclaimers](https://www.binance.com/en/support/announcement/detail/08c08f06bec24d91a60a0ce8c48a3a76)].
➤ This bull market has been a bit "high", but now it's a bit "chilly"
Three phases of the bull market: from "small flame" to "big fire", and finally to "overheated"
1️⃣ From early 2023 to October — "Small flame" just emerging Bitcoin crawled out of the "pit" of 2022, rising from $16,500 to $31,800. After experiencing the "thunder" of Luna and FTX, the market finally showed some signs of recovery. At this time, the market was still relatively quiet, only showing some localized excitement. For example, Ordi was launched in April, and Pepe in May, but most people were still waiting and the trend hadn't picked up.
2️⃣ From November 2023 to March 2024 — "Big fire" ignites After Ordi was listed on Binance, its price rose from under $6 to $97. The Bitcoin ecosystem's inscriptions were extremely popular, and other public chains followed suit. During this period, Bitcoin ETF was approved, the halving expectations came, and the market began to "get high". Solana and Ethereum also rose, Meme coins like Bonk and Wif also had a surge, with Wif's market cap rising from $60 million to $4.5 billion.
At this time, the market had heated up, but it wasn't yet a crazy phase.
3️⃣ From March 2024 to January 2025 — "Overheated" After Bitcoin consolidated for 8 months, when Trump was elected, the price broke through historical highs, soaring to $100,000. Retail investors began to flood into the chain, and Meme coins exploded like a geyser. Coins like Hippo Goat, Squirrel, and Act, as well as AI16 and Virtual, all surged.
4️⃣ After Trump launched his coin, the market began to "cool down" After Trump launched his coin, the market directly "cooled down", continuing to fall. Exchanges were hacked, and the launches by Melania and Mile didn't save it; DeepSeek also punctured the AI bubble in the U.S. stock market, and Web3 AI agents also "fell silent".
➤ All positive news has been realized, and everyone is "waiting for the wind to come"
Now the market has erased the gains from Trump's election victory. The reasons for the decline, aside from the U.S. economy possibly "cooling down", are mainly that all the positive factors from this bull market have been exhausted. Trump's previous commitments to the crypto market have basically been fulfilled, and what remains are his fluctuating policies and the uncertainty of the Federal Reserve's interest rate cuts.
The total market cap of stablecoins has risen to $226 billion, indicating that there is still money in the market, but everyone is now "lying flat", waiting for new hotspots to emerge.
“When everyone knows that shorting makes money - shorting is no longer profitable”
It is well known that many short sellers have been wiped out in the Kaito project, so as the saying goes, watch more and act less; act more and die more! Wait for the flowers to bloom, wait for the wind to come.
➤ Recently, Binance Launchpool has launched the Redstone project, and I would like to briefly share this project with everyone:
1) Redstone is a cross-chain oracle project that has a partnership with an AR project, and the data will be stored on the AR blockchain. This project is entirely developed by an overseas team.
2) The oracle sector is highly competitive, and Redstone is still in its early stages, far from capturing the market.
3) The maximum supply of Redstone tokens is 1 billion, with an initial circulating supply of 280 million, accounting for 28%, which is a large circulating volume. The project team should hold most of the chips, as the Launchpool amount only accounts for 4%, and community airdrops range from 2% to 4%.
4) Binance has set up a price limit rule for this project, similar to A-shares, with a price cap. From February 28 to March 1, the maximum order price is 200% of the opening price; From March 1 to March 2, it is 300%; From March 2 to March 3, it is 400%; and after March 3, there will be no price restrictions.
Recently launched projects on Binance Launchpool, such as KAITO and TST, have seen good price increases, especially KAITO, which has continuously refreshed its historical highs in recent days, breaking the previous curse of crazy declines immediately after launch on Binance.
💡 Currently, the market really lacks sufficient momentum to take over.
1️⃣ It is believed that after the liquidation of KAITO, a large portion of people will not short the entire Redstone project, and at the opening, nearly 85% to 80% of the chips are in the hands of the project team. Therefore, how Redstone performs will depend entirely on the project team's operations.
It may surge like Kaito did, or if it drops, it could fall like Vana did previously, with a daily drop of 50%.
2️⃣ If you have BNB or USDC, you can participate in mining, as a new pool has opened this time. However, if you want to find opportunities in the secondary market, whether shorting or buying, the risks are relatively high.
3️⃣ This project allows holders of BNB to participate in mining, especially USDC, which has also opened a brand new pool for the first time. I recommend everyone to give it a try; if you have free chips, a long-term holder of one BNB can participate.
➤The impact of Metis' ReGenesis plan on the Ethereum ecosystem is like a big cleanup of technology upgrades, which can make Ethereum stronger and more efficient. #以太坊回滚争议
➤Metis' ReGenesis plan: It's like giving Ethereum a big upgrade to make it stronger.
➤Ethereum ecosystem: It's everything around Ethereum, including various applications, developers and users, like a big family.
➤ Technology upgrade 1) The ReGenesis plan will make Ethereum's transactions faster, just like repairing a traffic jam, allowing vehicles (transactions) to pass faster.
2) It's like building two highways, one for processing complex AI calculations and the other for processing ordinary transactions, so that the two do not interfere with each other and are more efficient.
➤Expansion of the AI field 1) It's like putting an "economic coat" on AI technology, allowing it to not only do smart things, but also create economic value.
2) It's like a toolbox that allows AI technology to work better on the blockchain, such as helping smart contracts become smarter.
➤ Improved user experience 1) It is like lowering the threshold to enter the Ethereum ecosystem, allowing more developers to come in and develop applications more easily.
2) It is like upgrading Ethereum's services, making users feel smoother and more convenient.
➤ Ecosystem expansion 1) It is like injecting new vitality into the Ethereum ecosystem, making AI technology a new growth point and attracting more people to join.
2) It is like breaking a deadlock, making the Ethereum ecosystem no longer static, but full of new possibilities. $ETH
On the 12th, OKX said that Pi coins can be deposited, and the Pi mainnet will be launched on the 20th, and Pi can be exchanged for USDT. After this happened, many exchanges also followed suit to support Pi. Pi, which was originally said to be a "pyramid scheme", has attracted more attention.
Even Binance has joined in the fun, asking everyone if they want to trade Pi on Binance?
➤ I support Pi being listed on Binance
1) Pi is not a pyramid scheme project Many people mistakenly think that Pi is a pyramid scheme, but it is not. Pi is a blockchain project based on Stellar and has real technical support.
It uses the Stellar Consensus Protocol (SCP) and the Federated Byzantine Agreement (FBA), which make transactions fast and secure. Pi's invitation mechanism only has one level of invitation, and it will not have multiple levels of nesting dolls like pyramid schemes.
2) Pi has a large community and user base Pi's community is very large, especially in Southeast Asia, with millions of users. These users not only participate in mining, but also actively participate in community building. Pi also has a large hardware node base, which means it has strong technical support.
3) Pi's KYC design is complex but safe Pi adopts a KYC design that combines machines and manual work. Although the process is complicated, it can effectively prevent fraud and abuse. In this way, Pi can ensure the authenticity and security of user identities.
4) Pi's token economy has potential The total amount of Pi is constant at 100 billion, but currently only about 6 billion Pi coins are mapped from points to the main network, of which 4.5 billion are locked. This means that the number of Pi coins in circulation after the launch is limited, which helps to maintain its value. In addition, the number of Pi's main network wallets has exceeded 6 million, and the user base is huge.
5) Pi's negative news is mostly individual behavior and has nothing to do with the project itself Many people are biased against Pi, mainly because of some negative news. But most of these negative news are individual behaviors in the community and have nothing to do with the Pi project itself. The Pi project itself does not encourage or support these behaviors, and the entire project should not be denied because of individual incidents. $pi