coin鹏

The origin of the story begins with the Binance official Twitter account being hacked: hackers controlled the Binance official Twitter account through attacks to promote their created scam meme coin '4' to lure retail investors into the market, ultimately cashing out when they made a profit of 4,000 dollars. Afterward, Binance regained control of the official Twitter account to release a clarification tweet, and Binance officially intervened in '$4 ' and took control of the community. Then, CZ tweeted to mock the hackers, which revived the token's price, and afterward, CZ tweeted to mock the hackers again, causing the price to rise from an initial 0.000006 to a peak of 0.305570, an increase of 50,928 times!

On the news front:
1. Trump threatened to impose a 100% tariff due to China's restrictions on rare earth exports, signaling the onset of a new trade war!
The three major stock indices plummeted almost simultaneously: the Nasdaq 100 Index saw a drop of 2.4% at one point during the trading session, marking the largest single-day decline since the end of April. The S&P 500 didn't perform much better, with its decline reaching a new high since early September. Tech stocks were hit the hardest, as the global supply chains and overseas revenue for these companies are significantly high, making them most vulnerable to trade barriers. The fear index VIX surged to a high not seen in over a month, directly breaking through 18 points, and copper prices on the London Metal Exchange plummeted by 3.4%, marking the largest drop in five months.

The consensus of sand coins is also consensus
-Li Xiaolai!
MeMe coins are currently the fastest assets for ordinary people to turn their fortunes around in the market, starting from 0 to achieve returns of hundreds, thousands, or even tens of thousands of times. There are extreme cases such as: $SHIB, $PEPE, etc., which have already achieved hundreds of thousands of times in profits. Essentially, the core of meme coins relies on capital speculation and the endorsements of major KOLs:
In the internet age, there is a calculation formula: GMV = traffic * conversion rate * average order value!
These three core factors are also true in the cryptocurrency circle:
Traffic:
The traffic ports in the cryptocurrency circle are mainly Twitter and Telegram groups, where many opportunities are hidden. Therefore, to seize opportunities, one must have these two applications. Of course, the information above is limited by the human brain's capacity to comprehend. The author believes that focus should be placed on a few key KOLs such as: Trump, Elon Musk, CZ, YiHe, etc., because they have large followings and are willing to engage with memes. Meme coins related to them include: $TRUMP, $4, $DOGE, I'm coming, etc.

As of today, the A-shares closed at 4132 points, with a maximum of 4190 points. Calculating from the low of 2689 points on September 18, 2024, it has already increased by nearly 90%.

From the perspective of the index, the A-shares have undoubtedly entered a bull market. The reason for such a large increase this time is the result of a long period of policy preparation!
Counting the policies issued by government agencies that contributed to the rise of the market:
April 2024: The State Council's new 'Nine Articles' and Wu Qing's assumption of office initiate strict regulation, restricting quantitative trading!
(Mine Sweeping Period: Delisting junk stocks, restricting quantitative trading to make way for the Paw Patrol to accumulate shares)

As one of the Chinese who won the 'Berkshire Hathaway lunch', Mr. Duan can be said to closely follow Warren Buffett's steps in value investing, and of course, has reaped rich rewards; entering the market with 2 million and achieving a return of 20 billion can be said to have reached a ten-thousand-fold profit.
NetEase's investment exceeded 2 million USD, held for 8-9 years, ultimately achieving over 100 times return, bringing nearly 200 million USD in profit.
Apple: He started investing in Apple in 2011, holding for more than 14 years, with a return of over 20 times. Apple is still his largest holding.
Moutai: Duan Yongping invested in Moutai at a price of 80 yuan during the 2008 financial crisis, and it has since increased by more than 24 times, with a market value of over 20 billion yuan.

Recently, a piece of news from BlockBeats: $SUI is about to add privacy trading features.
This incident caused quite a stir, with most people bullish on sui, as the recent news about the 'Crown Prince Group $BTC being investigated' triggered a surge in privacy-related cryptocurrencies such as $ZEC , DASH, and others.
But is it really like this?

First, we need to understand a basic situation: the core income of countries around the world relies on asset taxes. Governments have introduced the CRS tax exchange system to ensure core income, and the core issue involved here is compliance!
It is important to know that the concept of privacy is not new. The leader in this field is 'Monero', but due to its strong performance, it has always been non-compliant, ultimately becoming an important asset on the dark web. On the other hand, although other conceptual coins mentioned above are compliant, they still cannot escape regulation. Therefore, if sui's privacy features are well implemented, there will definitely be regulatory suppression.

Currently, the exchange rate of Usdt to Usdc is at the 1.0009-1.001 level!
Binance C2CCL withdrawal of 100u has also dropped to 681-677 yuan. It should be noted that the offshore RMB exchange rate against the US dollar is only fluctuating around 6.9-7. Looking at this, the depreciation of USDT is indeed quite large.
Why doesn't USDT hold up against USDC?
I believe this is a result of the differences in reserve assets between the two.

Firstly, both the anchors of $USDC and $USDT are the US dollar, 1 US dollar equals 1 U, but their reserve assets are quite different.
The reserves of USDC are largely comprised of short-term and medium-to-long-term U.S. government bonds, and the assets are very transparent, traceable through various channels.

Project Name: Magma Finance
Token Name: $MAGMA
Field of Involvement: DeFi Protocol
Secured $6 million in strategic financing to build an adaptive liquidity engine on Sui Network. This round of financing was participated by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received ecological support from Navi Protocol.
Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing better execution for traders and generating real returns for LPs. The project has currently passed security audits by Zellic and ThreeSigma.

Project name: Brevis
Token name: $BREV
Involved fields: Zero-Knowledge Proofs
ProverNet views proof generation as a bilateral market, where applications submit specific requests, and professional provers bid to meet those needs. The market operates through the TODA (Truthful Online Double Auction) mechanism, designed to handle multiple types of proofs simultaneously while ensuring honest bidding and optimal resource allocation.
Token function: Brevis ProverNet core utility and governance token, used to pay for zero-knowledge proof generation and verification fees, as a medium for staking and rewards, and grants holders governance rights.

Recently, the former mayor of Chongqing, Huang Qifan, publicly expressed optimism about the RMB, predicting that in the next year it will rise to 6 against the US dollar. Huang has achieved remarkable results during his tenure in Chongqing, and his economic work has been impressive. He is one of the few scholar-type government officials in the country, and his predictive abilities are quite accurate, especially regarding real estate.
The rise of RMB to 6 means that the money in residents' hands is worth more abroad. For example, purchasing a game on Steam for $100, which now requires 700 yuan, may only require 600 yuan in the future. This could significantly enhance the purchasing power of the yuan in the foreign purchase sector. The problem is that ZG is currently an export-oriented country. In the past, foreign trade merchants could exchange 100 US dollars for over 700 yuan; in the future, it may become 600 yuan. This means that the export revenue for the same goods will decrease. Orders that were profitable before may lead to losses in the future, which is a huge blow to foreign trade enterprises and will further impact employment. Currently, the domestic employment situation is already quite severe, so the appreciation of the RMB may not necessarily be a good thing!