The rise of memecoins is deeply rooted in internet culture, where the virality of memes is exploited to drive their popularity. Initially appealing due to their humor and relatability, memecoins quickly evolved into speculative investments, with prices soaring due to community support and social media buzz.

For example, Dogecoin, once worth less than a penny, soared to over $88 billion in May 2021, fueled by endorsements from figures like Musk and widespread media coverage. This phenomenon illustrates how cultural trends can intersect with economic forces, transforming socially significant phenomena into financially profitable assets.

In the blockchain space, narratives have always been a powerful driver of attention, investment, and growth. A good story will be proportional to the price of the asset, often like a TV plot with highs and lows. The changing landscape has witnessed the rise and fall of various themes from ICOs to DeFi and NFTs, leaving important lessons for investors, founders, and enthusiasts. The narrative shift highlights the dynamic nature of the Web3 space, where trends emerge quickly, peak, and fade away quickly.

Stories are sweeping across the cryptocurrency space like a tidal wave, pushing once obscure concepts into the spotlight.

As OpenAI has launched AIGC models such as ChatGPT and Sora, it has led a new round of AI industry revolution. In the traditional computing power system, mainstream cloud computing service providers usually concentrate computing power relatively closed in multiple data centers consisting of hundreds of thousands of servers, so as to continuously provide computing services to the global network. Alphago, which once defeated Go master Lee Sedol, costs hundreds of thousands of dollars for a single training model. Companies like OpenAI that need to continuously train AIGC models have to pay computing costs that are astronomical figures that we ordinary people cannot imagine.

Be a good dog, don’t scam people。
This is DOGS, which is very popular on Telegram. As the first dog meme on Telegram, DOGS will be launched on Binance and OKX on the 26th. In just two months, the project has spread from popularity to launch. What is the background of DOGS? What will be the performance after launch?
I suffered a floating loss of 83% before the market opened. Thank you so much, DOGS.
The DOGS community has 16 million members and 43.5 million participating wallet addresses, a huge amount of data that is rare in the crypto world. The rapid spread of DOGS is also due to the full use of Telegram's ecological advantages and some publicity plans:

AAVE has been on a good rise recently, with the number of active borrowers on its platform hitting a record high of about 41,000 per week. AAVE has survived the last bull and bear market and reached a record high this year. In this round of borrower growth, BASE and Scroll contributed the most, accounting for 23.4% and 21%, respectively, which also kept AAVE's revenue relatively strong.

In the last bull market cycle, smart contract platforms such as Polygon, Avalanche, and Fantom incentivized a large number of users and liquidity, creating AAVE's peak revenue. From the beginning of this year to now, AAVE's TVL has almost doubled, mainly due to the rise in the prices of collateral assets such as WBTC and ETH. Currently, AAVe's quarterly revenue has exceeded the revenue in the fourth quarter of 2021 during the peak of the bull market.

When the wall falls, everyone pushes it. Ethereum's performance in this round has made it the "Adou" in the eyes of the public, but the pessimism is not without reason. To put it simply, internal expansion plans such as Layer2 have always been unable to stand up, and external killers such as Solana have always been determined to destroy the platform. In addition, Vitalik has been selling off in the name of charitable donations every day. With internal and external troubles and the anxious situation of internal derailment, Ethereum has ushered in its most difficult time.

Although the sexy narrative of Ethereum killers has been falsified in the last round of bull market, this round of high-performance public chains such as Solana and Sui directly hit the soft spot of Ethereum EVM's "low performance". Although they no longer shout to kill Ethereum, it is undeniable that their high concurrency and special Move language security mechanisms can indeed impact Ethereum, especially they may become fertile ground for the growth of a new generation of web3 application ecology, such as DePIN and AI.

Although AI is the most disruptive technology of our time, just like web2, most innovations now happen in centralized companies. @NEARProtocol wants to become the premier ecosystem for next-generation AI research and applications to address this phenomenon. Another important component of Near's growing AI ecosystem: the foundational model and AI payment infrastructure.

@PondGNN is an advanced AI model designed for Web3 that uses graph neural networks (GNNs) to analyze complex graph-structured blockchain data. By integrating the concept of GPT, Pond enhances its capabilities to provide accurate insights and predictions while solving the unique challenges of Web3. Potential applications include behavioral analysis, DeFi security, personalized recommendations, anti-money laundering, market prediction, etc. Pond is an industrial-scale model that can support a fully automated AGI world and serve as the on-chain brain for advanced AI-driven services and applications in the Web3 ecosystem.

$QKC , there are several recent actions: recently officially announced to become the partner of Mpost, which hosts the Seoul Hack Seasons. This event has confirmed that major public chains and some well-known market makers will attend. Mpost has also hosted the Brussels Hack Seasons before. Because of this news, $QKC has doubled its profits in two days. Second, QuarkChain also announced in the community that it will cooperate with LXDAO and ETH Panda. This news has kept $QKC rising today.
 
First of all, let’s talk about the hacker season. The previous event in Brussels was very successful. There will be a hacker season event in Seoul and Singapore in September. $QKC is an old domestic public chain with solid underlying technology, so it is very suitable to sponsor such events.

The lack of new business stories has led to a significant reduction in the inflow of entrepreneurs, industry investment, users and funds. More importantly, this situation has suppressed investors' overall expectations for the development of the industry. When the market has not seen stories such as "Defi will devour traditional finance", "ICO is a new innovation and financing paradigm" and "NFT subverts the content industry ecosystem" for a long time, investors will naturally vote with their feet and move towards places with new stories, such as AI.
Of course, we should not be too pessimistic. Although we have not seen any attractive innovations in this round, the infrastructure is constantly improving. Block space fees are decreasing, both for L1 and L2; cross-chain communication solutions are gradually becoming complete, and there is a rich list of options; the wallet experience is upgraded, such as Coinbase's smart wallet supports fast creation and recovery without private keys, direct adjustment of cex balances, and no need to recharge gas, etc., allowing users to get close to the product experience of web2. The above infrastructure is like water, electricity, coal and roads in the real world. They are not the result of innovation, but they are the soil for innovation.

This is a popular science article explaining blockchain knowledge. It takes 5 minutes to read.
One of the few constants in the cryptocurrency industry is the ever-increasing number of blockchains. Whether it’s Ethereum L2, Lisk, or alternative layers, there is a ton of new blockchain supply.
While the diversity of blockchains provides users with many choices, it also brings disadvantages to developers and multi-chain users. The increasing number of blockchains will disperse liquidity and usage and have an adverse impact on user experience.
The story of how cryptocurrencies ended up with so many chains is one of infrastructure iteration and misaligned incentives. Since the introduction of the PoS consensus mechanism, the number of chains in cryptocurrencies has exploded. Compared to Bitcoin's PoW consensus mechanism, PoS greatly reduces the threshold for launching and securing new networks, leading to a surge in new projects in the L1 space. The quest to solve the scalability trilemma has brought us Solana, Cosmos and its appchain, Berachain and its PoL consensus mechanism, Ethereum L2 and fraud proofs, etc.

The perpetual contract market is emerging as a promising area that DeFi has yet to fully conquer. While CEXs still dominate perpetual contract trading, decentralized perpetual contract protocols have grown rapidly over the past two years, with total open interest growing nearly 10x. Fierce competition has led to continuous innovation, and many protocols are constantly adapting and evolving to meet the changing needs of users.

In addition, many innovations are also reshaping the DeFi landscape. Including foreign exchange trading, NFT perpetual contracts. The concept of blockchain as a closed ecosystem is becoming outdated. Users can now deposit funds from multiple chains and use the platform seamlessly, regardless of the underlying blockchain. Interoperability between multiple ecosystems may lead to a stronger and more resilient trading environment, attracting more users and increasing overall market liquidity.

一个没有上币安，生态未成长的公链，凭什么市值高居前列？
TON 生态，这个去年在Telegram的官方加持下重新崛起的区块链项目，正以惊人的速度重塑Web3的格局。不仅主链、侧链、生态钱包、DeFi、游戏、交易、开发者工具等全方位增长，还凭借Telegram的庞大流量，一跃成为市值185亿、TVL排行第八的超级生态，紧随BTC、ETH、SOL之后，成为第四大生态巨头。

 
TON生态的独特之处在于其巧妙的Web2+Web3融合策略。Web2时代，它靠广告费、订阅费、增值服务赚得盆满钵满；而进入Web3，TON更是如鱼得水，DeFi金融协议、发币、NFT交易等玩法层出不穷，收益渠道全面开花。特别是在生态游戏领域，Telegram上的游戏通过信用卡、广告、邀请等方式获取积分，虽大部分项目未正式发币，但受加密市场关注已久。
 
提到TON，不得不提其背后的最大支持者——Telegram。作为全球第九大社交软件，Telegram拥有高达9亿的月活用户，是加密圈的必争之地。TON生态内的应用，依托Telegram的庞大流量，轻松获得海量曝光，传播速度呈指数级增长。这种得天独厚的优势，让TON在竞争激烈的区块链市场中脱颖而出。
 
 
 台上一分钟台下十年功，有人气但没有看家本事，一场表演也撑不起来。TON的崛起不是偶然，背后是基金会的不懈努力，2023年以来TON基金会积极推动生态发展：
 
技术方面和DWF、AWS等举行黑客松活动，积极拓展合作方，增加钱包、交易所等合作机构；积极推广加速器计划、指导计划、社区机器人和开放联盟、early计划、The Open League等吸引web3专业行业人才及优质项目；公开性能测试中经认可TON成为世界上速度最快的区块链，推出代币无限桥提高与以太坊的互操作性让生态更容易被接受；与腾讯云合作支持telegram小程序系统。
 
运营方面陆续举办了wiki挑战赛，发起了DeFi流动性激励计划，向新兴项目注资，举行流动性挖矿奖励活动；吸引知名游戏机构合作开发telagram web3游戏，吸引Animoca Brands、Mirana Ventures、Pantera Capital等注资，支持生态发展。社区方面举办面对面会议，投票更改TON代币通缩机制增强代币经济学等，生态不遗余力地吸引新兴项目和知名投资机构入驻，为生态注入源源不断的活力。
 
以上一切的举措结果，市场给出了反馈，TON从年初到现在半年时间价格上涨了4倍有余，地址数增加了10倍的惊人数量。
 
 

 
TON生态的崛起引发了广泛关注，特别是其首个游戏NOT，吸引了大量加密圈用户的目光。TON和其生态内是否值得投资？
 
以下是我CX自己的一些精神毒药，分享给大家，希望你不要中毒：
 
1、TON的代币由POW挖矿产生，TON的筹码高度集中，据官方统计，当初挖矿时248个地址持有了TON 96%的代币，并且其中许多地址互相关联，也就是说TON的绝大部分由一群巨鲸挖掘并持有。（庄家手里没筹码，谁愿意去拉盘？筹码过于分散，光靠散户能拉得动吗？）
2、TON背靠telegram庞大的社区基础，目前链上激活钱包数每天都在增加，且生态发展目前还处于早期阶段，未来将有更多的优质项目加入，届时生态发展将会更加完善，TON的会有更亮眼的表现。（很多项目连官网都打不开了，更别说地址增加。）

 3、TON生态内最出圈的游戏NOT已成功在CEX上线，但这只是冰山一角。Telegram的惊人月活和强大的社区基础，生态内千万用户级别的游戏已不下20个，如果它们发币，不敢想象这些流量会给市场带来多大的影响。（按照SOL上的土狗发行速度，TON还差1万个，你敢保证其中没有几个精品土狗出来？只要有精品土狗，TON必涨。） 
4、TON生态目前全面开花，有977个项目应用已加入生态。百花齐放，生态也有其特殊性，官方亲自下场做了支付/稳定币、钱包、DeFi等板块，且格局已定。（web2社交平台中，telegram是以官方身份进入区块链，试问既有web2流量又真正进入到区块链世界的有几个？）
5、TON后来居上作为市值排行第四大生态，社区欣欣向荣，生态发展还在早期，大有赶超SOL的趋势。SOL今年meme超级强势，市值736.9亿美金。TON市值才180.4亿美金，中间还有4倍的差距。这样的价值币不买，难道你去买动不动就下跌50%的山寨。
6、TON在币安还只有合约，没有现货。以它的条件，随时可以开通现货交易。当前币安TON永续多次交易量飙升上热搜，这样的力度，只差一个爆发的机会。TON持币待涨，我觉得这不是需要思考的问题。
7、近来几次行情回调，TON虽受一定影响，但基本走的还是独立行情。众所周知，独立行情都是要搞大事的。TON的市场关注度和市场影响，我认为回调低点是上车的好机会。
8、TON的独特web2条件和区块环境，注定了TON未来大部分的增长不会是来自于其他链上用户，它会有自己更广阔的未来，也更容易吸引圈外新鲜血液加入区块链这个市场。
9、TON做了前面的努力，取得了阶段性成功，接下来也没有停止脚步，除了链接以太坊，TON基金会接下来还将与比特币生态积极合作，开发跨链桥。还将与更多钱包合作增加生态入口，期待生态遍地开花。  

最后，TON生态的崛起，是Web3的一次重要机遇。我已中毒，只待起飞，你呢？TON行情仍在火热状态，这段时间一直在蓄能企图突破新高，还没完全起飞，高度控盘暂时不必担忧。如果和我一样买了TON，这会儿看涨不成问题，只管放心继续持有。       


 #山寨季何时到来？ #TON

As a web2 product that provides an "immersive experience" in the form of content, Tik Tok's live broadcast makes people realize how simple it is to gather traffic in a way that breaks imagination. Traffic monetization channels such as rewards and product promotion also allow content producers to have the ability to compete with platform capital to a certain extent.

What products in web3 can help you quickly get a chance to own a local dog? Let's take a look.

Pump.fun is the most special product in this cycle. Since its launch more than 4 months ago, more than 1.17 million tokens have been issued on Pump.fun, and the cumulative revenue has exceeded 50 million US dollars. If you find a target, you will understand how terrifying this number is. Uniswap, the top traffic product in the bull market, is estimated to have an annual revenue of about 25 million to 30 million US dollars for Uniswap Labs.

#IO去中心化算力网络 #IO
IO equity staking is about to start. There is no doubt that this is a way to make money. Who can make more money by entering the secondary market IO or staking? Let me analyze it for you.
io.net is a decentralized computing network that supports the development, execution, and scaling of ML applications on the Solana blockchain, providing decentralized GPU computing cloud services for use cases such as AI, rendering, gaming, ZK, verification nodes, etc. IO combines 1 million GPUs to form the world's largest GPU cluster and DEPIN.
 
IO has already stacked up the Buff, AI + DePIN track, from last year to this year, the hot sector. However, after such a long period of fermentation, the heat of these two sectors is almost exhausted. So IO is late, is there any chance to get another level of heat? When IO was launched, I decisively entered the warehouse, and now it is time to consider how to make the most money by holding IO.

The need for scaling solutions for blockchain technology has long been a hotly debated topic.
I think everyone knows that as blockchain networks grow, transactions per second (TPS) has become a critical issue. The current capacity of major blockchains such as Bitcoin and Ethereum is insufficient to handle the transaction volume required for adoption.
For example, Bitcoin processes about 7 transactions per second, while Ethereum processes about 15 transactions per second. In comparison, traditional finance Visa processes about 1,700 transactions per second on average. Without a scaling solution, blockchain cannot compete with traditional financial systems and achieve mass adoption.

Today we are going to talk about ZEN. While CRV was banished to the cold palace, Niuhulu ZEN returned. From being labeled as an observation in January to being removed from observation in July, what has ZEN experienced in the past six months? As a three-year ZEN major holding group, I will take you to review the story behind ZEN's gorgeous turnaround, and then imagine ZEN's future market performance.
In January, the privacy coin controversy arose, and major exchanges have suspended, removed, or labeled privacy-related tokens. ZEN, as a privacy coin, was put on the back burner. The anonymous sector is doomed, and ZEN has begun to actively save itself:

Farcaster @farcaster_xyz is a decentralized social networking protocol that uses smart contracts and hybrid storage technology to enable social connections, content sharing, and data ownership among users, while supporting diverse and flexible client and application development.

In May this year, Farcaster's developer Merkle Manufactory announced that it had completed a new round of financing, led by Paradigm, totaling US$150 million, raising the company's valuation to US$1 billion.

Dune data shows that Farcaster's total number of users has reached 570,000, and the number of daily active users has surged from 2k at the beginning of the year to 68k at present, an increase of more than 34 times.