After CZ announced the name of the dog, in just a few minutes, hundreds of coins with the same name appeared on the chain, filled with conspiracy and scams. Which one is the dragon one? Retail investors tend to buy the one with the highest market cap, 0x6d5ad1592ed9d6d1df9b93c793ab759573ed6714 quickly pushed the market cap to 400 million in just 10 minutes, attracting attention and acclaim. However, it then continued to drop. The following image is a screenshot of the holdings at 0:30, with the mouse warehouse holding 45% of the positions. The top 10 holders were basically all mouse warehouses. The previous rapid price increase was also due to the large holdings of DEV, resulting in a shallow pool, with manipulated trading inflating the trading volume. The buying of countless retail investors became the fuel for the mouse warehouse's exit. From my observation, the mouse warehouse reduced from 45% to 25% in half an hour, and from 25% to 15% in less than ten minutes. The retail buying was extremely frantic. By 5 AM this morning, the mouse warehouse finished unloading, and the retail investors were bloodied by 40 million dollars.

01 Key Takeaways
The integration of AI and cryptocurrency is undergoing a paradigm shift from infrastructure development to the practical application of AI Agents. Early projects primarily focused on adapting traditional AI concepts to blockchain but largely failed to achieve significant breakthroughs due to technical limitations and an immature ecosystem.

The current AI x Crypto ecosystem can be divided into two main directions: AI for Crypto (providing smart analysis and optimization for blockchain) and Crypto for AI (providing decentralized infrastructure for AI). The former has several practical cases such as Chainalysis and Arkham, while the latter is still in the proof-of-concept stage.

Introduction: Stripe's acquisition of the stablecoin API infrastructure Bridge for $1.1 billion is the largest acquisition in the history of cryptocurrency.
PayFi is just a new name for stablecoin payments. Just like how a company that was called intention trading last year is now called AI agent. Essentially, PayFi is still in the USDT business. However, how to absorb a large amount of real USD still requires solving local compliance and expanding the use cases of stablecoins. Whoever can manage these two will be able to share the USDT cake. This market is huge, different stablecoin companies will have their own resource range, and the final shape will be that I can manage the EUR relationships, you can manage the USD relationships, and there will be a channel fee for settlement between us. Or it may be acquired and merged into a unicorn.

After you see that smart money has made millions of dollars on a meme coin with only a few hundred U costs, your nerves are aroused, and your hope for life is rekindled. You decide to eat the food you delivered yourself. You start to gear up and endure the high cross-chain gas fees to exchange your only 50U for SOL and prepare to rush in, fantasizing about getting rich overnight, or at least 10,000 U, so that you don’t have to buy cockroach rice on Meituan, and you can order a 50-yuan takeout without gritting your teeth. You are even fantasizing about breaking your 50U into separate investments, fantasizing that you only need to hit a 100-fold meme coin. As a result, after waking up, you see that the K-line has become a straight line parallel to the horizontal axis, and your only 50U is gone. Tonight, you secretly decide to work hard to deliver a few more takeout orders, strive to earn another 50U and rush in again, looking forward to the patronage of the goddess of luck. In fact, there is no goddess of luck, only the ancient Greek god who controls the K-line. The smart money you see is also the project party’s trumpet, and the trading volume you see is also brushed out. Most of the token holders are also the project party’s trumpets. There is no so-called smart money, they are all the project party’s own people. You finally find out that you are the only fool.

According to the latest rules of Binance Launchpool, if there are two Launchpools at the same time, the BNB assets in the BNB current and fixed deposits will be evenly distributed to each launchpool pool. However, users can redeem BNB in ​​financial products for redemption. So which of the DOGS and TON Launchpool activities that are currently being carried out at the same time has a higher return? Next, I will calculate the yield of BNB in ​​these two pools respectively, which can help everyone choose which pool to allocate BNB to get the most return.
1.TON Launchpool
Currently, 1 BNB can obtain 0.039 TON per day. According to the TON price of 6.58, the daily income of each BNB is 0.26. Then, the APY of the BNB pool can be calculated to be 16%, and the absolute rate of return is 0.9% (needs to be deposited for 20 days).

Sahara AI has completed a $43 million financing, led by Binance Labs, Pantera Capital and Polychain Capital. This investment amount and investment institutions are top-notch. Partners include Sean (Xiang) Ren, an associate professor of computer science at the University of Southern California who graduated from Zhejiang University. @xiangrenNLP
and Tyler Zhou @tz_sahara, former investment director of Binance labs who graduated from the University of California, Berkeley.

What does Sahara AI @SaharaLabsAI do? The official website says that it is a decentralized AI blockchain platform. The details are as follows:
1. Data layer: Provides digital watermarks, basic data record traceability and permission management to facilitate data ownership confirmation.

The economy has its cycles, and it cannot always be on the rise. There is no need to invest in a downturn. Of course, if you encounter an economic downturn at the most golden age of your life, the impact may be lifelong. If you feel that you are born at the wrong time, first enter a dehydrated sleep state, return to your family, spend more time with your family, and exercise your body. For those who want to invest, the world is not just China, you should look at the world and be a world citizen.

I don't agree with what this article says. As long as you choose to work, you choose to be exploited. Work is just in exchange for the necessities of life, so there is no need to mythify any industry. The so-called top companies/financial elites are just the labels given to you by the times. You should always be riding the waves. In essence, the high salaries in finance and the Internet are the dividends of the times. What does your high salary have to do with your hard work? There are many people who work hard, but there is not always a reward. Don't be moved by your own efforts. You have a high degree and work hard to get in the interview, give up your family, and work late at night. Does the company have to be responsible for your high salary for a lifetime? You are just complaining because you haven't eaten half of the dividend. There will always be people who are happy and worried. When you find that everyone around you is worried, you have to consider profit. The world is diverse, and you can always find a lifestyle that suits you. Look at the world. Don't just look at CICC's salary cuts. The sky will fall, and the sky is still there. Don't label yourself with a career/company. I am me, I am my own IP. I hope that when others think of me, they think of how my ideas affect him, not external labels.

I have been researching AI agent related projects recently and came across an AI agent product called agentwars from Phala Network, which I would like to introduce.

1. Everyone can use their own social media account data to train AI robots and create their own AI agents (their own virtual characters). Creating an agent requires payment, and the fee is related to the number of followers of your social account. Others need to purchase a key to chat with your agent, and you can take a 2% commission from each buying and selling transaction.
2. The price of the key increases with the number of holders. This gameplay is the same as http://friend.tech, the difference is that one chats with a real person and the other chats with your AI agent. Chatting with an agent is not that attractive, after all, the content is all from Twitter, and you can also read their posts yourself.

OKX's Meme Coin Hunter page is useless, it is full of fraudulent tokens, and the so-called smart money is also a fraudster, are they too lazy to filter it out? Let me give you an example:
1. We can see that the homepage shows that the token CATT was bought by the smart money 6E4bWb7seV8uaeugLh6jtmPnU5mV2u8g6R7nSsYQcD3y. The 7-day winning rate and 7-day yield of this smart money are quite good. CATT, which holds 5.18M, ​​seems to be a big investor.
2. Search the token CATT in dextools, which shows that the token has fraud risk.
3. Search the token CATT on dexscreener, and you can see that this smart money address is the largest holding address, so this so-called smart money address is also likely to be a fraudulent address.

First, let me make two predictions: real estate will eventually be abandoned and the money from the US interest rate cut will not flow into China.
Real estate will eventually be abandoned. Real estate will become an investment product inferior to gold. Once confidence is lost, it is unlikely to come back. When people have less money in their hands, they need to use a fine net to sift small fish. By raising electricity prices or driving new energy vehicles, the cash in the hands of residents can be recovered. Real estate will eventually be abandoned. For real estate, the higher the rental-to-sale ratio is, the more it is bought. The lower the ratio is, the more it is sold. If it is close to 3%, it is only rented and not sold.The money from the US interest rate cut will not flow into China. The spillover of US dollars may flow into cryptocurrencies, but not into A-shares, and assets denominated in RMB are all depreciating.

Today I looked at Privasea, which is invested by Binance + OKX and focuses on the dual narrative of FHE + AI. From the perspective of people who have worked on federated learning, in simple terms, it is just a direct transfer of the federated learning homomorphic encryption system. The narrative is the same as that of federated learning, which is nothing more than data privacy protection and the homomorphic encryption implementation of machine learning algorithms. Then the token economic model is also centered around incentives between nodes, purchase of data anonymization, privacy algorithm calculation, etc. For ordinary user registration, KYC homomorphic encryption is used to save and verify the face.

There are many AI projects in the cryptocurrency world, nothing new, they just like to mix these things together, hoping to see a working solution. You can tell some more interesting stories, such as how to prevent witch attacks, how to calculate trusted models on the chain, and how to deploy AI on the blockchain to do some complex things.

(From the picture below, we can see that fully circulated Meme coins are the future of retail investors)

In recent years, more and more tokens have been issued with high valuations and low circulating supplies, resulting in high fully diluted valuations (FDVs). This trend is particularly evident in tokens issued in 2024, indicating that a large number of tokens will be unlocked in the future.

It is estimated that approximately $155 billion in tokens will be unlocked between 2024 and 2030. The flood of tokens coming to the market will create selling pressure without a corresponding increase in buy-side demand and capital inflows.

Factors such as the influx of private market capital, aggressive valuations, and optimistic market sentiment have contributed to the trend of tokens being issued at high FDVs.

There haven't been a large number of people jumping off buildings due to loan defaults, which means the market hasn't fallen to the point where you can pick up the bloody chips when the time comes. After all, the cost of real estate is very low, just like stocks and coins printed for nothing. What's the difference between building a dream for you and then selling it to you?
After thinking of thousands of ways, I thought of a great trick, but in the end, I still had to make the people suffer and let them increase leverage. Yiqing should have been 15% when it was just released, so that everyone could be locked in. If everyone was locked in at that time, the local debt problem could be solved by half. The people who were locked in would be willing to be slaves, and they would not want to change jobs just because they disliked their stupid leaders, and lock up all the Sanhe masters, so that they would be willing to work in the factory to fix screws.

Want to understand how#KOLson social media influence your investment decisions? A new paper co-authored by Kenneth J. Merkley, Joseph Pacelli, Mark Piorkowski, and Brian Williams provides insight.

Data examples:
In the short term, the average cryptocurrency return on the day a tweet was posted was 1.83%. In the long term, the average cryptocurrency return fell to -6.53% within 30 days of a tweet being posted.

View:
- Research has found that tweets from cryptocurrency influencers are associated with positive returns in the short term, but over the long term these tweets often lead to significant negative returns.

Most of the newly listed tokens on Binance are backed by Tier 1 VCs and launched at crazy valuations. The average FDV on Binance listing day is over $4.2B, with some even reaching ridiculous FDVs of over $110B.

If you held a portfolio and invested the same amount in every new Binance listing, you would have lost more than 18% over the past 6 months.

Tokens often issued on Binance are no longer an investment vehicle — all their appreciation potential has been taken away. Instead, they represent exit liquidity for insiders who are taking advantage of retail investors’ lack of exposure to high-quality early-stage investment opportunities.