解构师Beyond

Can a high degree not become a KOL...?

This is the opinion of Master Pang, but I believe it is completely wrong, even catering to populist traffic.

First, it must be clear: the KOL I refer to is a key opinion leader who can earn money through their own content and abilities, can make money with fans, and provides a wealth of information; not someone who spends dozens of yuan to buy followers, uses AI to write articles for AI to read, or relies on shady tricks to deceive small exchanges.

Under this standard, high-degree KOLs are everywhere. I can name dozens just from Hong Kong's third new second, and I have many friends with backgrounds from 985, 211, and even prestigious overseas schools.

In the image, I selected one or two representatives from each school, who are around my age and relatively familiar to me; this is just the tip of the iceberg.

I myself graduated with a finance bachelor's degree from 985. When I first entered the circle, I thought this was an advantage, but later I found out that the crypto world is full of hidden talents, and there are plenty of high-degree KOLs. The real reason is that they do not flaunt their degrees because achievements are the strongest business cards.

The actual situation in the cryptocurrency circle, especially in the KOL industry, is:

No one really cares which school you graduated from, so there is naturally no degree discrimination or degree threshold.

So please, if you can't do it, you can't do it; a nerd is just a nerd. Please stop saying that you can't become a KOL because of your high degree; such displays of superiority only make people feel childish.

Moreover, there is almost no threshold for KOLs; if you can't even do KOL, then don't even mention other things. $BNB

You all need to short this ASAP, or how am I gonna make my profits?

$LAB

1/ No leverage on the meme coin

2/ Don't go against the trend

3/ Abandon all judgments based on market cap

Observing the issuance of USD1, some interesting details are found

1/ The earliest single issuance of about 2 billion on BNBChain, after which the issuance volume remained stable with no additional issuance, consistently ranking first for the majority of the time

2/ After late August last year, large-scale issuance began on the ETH chain, and by around February this year, the issuance volume exceeded that of BNBChain, temporarily becoming the public chain with the highest issuance volume

3/ The issuance volume on the Solana chain has been steadily increasing, making it the third-ranked public chain in terms of issuance volume

So, which public chains have value, and which have real liquidity? The USD1 team has demonstrated this with hard data, which is more practical than the self-promotion comparisons made by various public chains from a performance perspective

To some extent, this has reference significance for diversifying portfolio investments in the cryptocurrency space and grasping core assets across cycles.

Until now, I still hold a large amount of USD1

I have previously written a lengthy analysis about USD1, and the conclusion is that as a fully compliant collateral asset, the safety factor of USD1 may be higher than what you often hear about DeFi

But it must be acknowledged that the safety of USD1 and the rise of WLFI are completely independent events; holding USD1 does not equate to being bullish on WLFI

Recently, WLFI passed a new governance proposal, the core of which is "lock 6.228 billion tokens, destroy 450 million tokens"

From the performance of USD1 and WLFI, this destruction proposal has significantly boosted market confidence

Just this week, Trump's meeting conference is about to be held again, and World Liberty should also take this opportunity to clarify the development goals for the next phase.

Binance can be called the universe for a reason

In the morning, along with more than thirty BNB holders, we checked in at Lion Rock in Hong Kong, experiencing the power of #upwards. All the companions were humble, wealthy, and capable teachers.

Each one is a mainstay in a certain track, and everyone we met along the way is a role model.

In the evening, we attended an event for BNB Chain, where literally everyone was shoulder to shoulder, and we had the chance to meet all the friends we needed to see tonight.

I heard that the top influencer is coming, and at least a thousand people will pour into the venue.

The elite style of project founders, the older generation from the grassroots, and influencers with exceptional charisma; Binance has also presented itself with the stature of an elder brother, treating everyone with the highest etiquette and fine food.

Who says there’s no one left in crypto or that it’s doomed? I have never seen the industry so full of hope.

It can be said that you can skip the main venue and the side events, but you absolutely cannot miss Binance’s events.

Because Binance is the greatest common divisor for all crypto believers.

$BNB

Have you ever thought about a question, what is WLFI spending so much money for, or what role does it actually play?

First, let's review the specific data of the "WLFI x USD1 x Binance Phase III Incentive Program" so far.

Phase One: The extravagant "Opening Red"

- Duration: January 23 - February 20 (4 weeks total)
- Total amount distributed: WLFI tokens worth a total of 40 million USD

Phase Two: The token-based "Large Water Release"

- Duration: February 20 - March 20 (4 weeks total)
- Total amount distributed: 235 million WLFI
- Approximate value: Based on an average price of about $0.103 during this phase, the total value is approximately 24.2 million USD

Phase Three: The refined operation "Endurance Period" (currently ongoing)

- Duration: March 20 - April 17 (4 weeks total)
- Total amount distributed: 135 million WLFI
- Approximate value: Based on the current market price of about $0.093, the total value is approximately 12.55 million USD

Overall, WLFI has airdropped tokens worth at least 76 million USD, which is already larger than most TGE airdrops.

Of course, the returns have been immediate.

USD1 went from 3 billion tokens before the event started to directly breaking through 5.4 billion tokens at the end of the first phase, completing in just one month what many stablecoins take years to achieve.

In other words, WLFI used 76 million USD worth of tokens to create a pressure that led to a growth of 2 billion stablecoins; such a large move can only be done by WLFI.

The president is serious about creating stablecoins!

$WLFI

The Middle East conflict has revealed two extremely counterintuitive trends:

- Centralized facilities have become the primary targets in the conflict; once paralyzed, they will cause catastrophic consequences.

- The decentralization process in the Middle East and Central Asia is leading the world.

As evidence, on the 1st of this month, Iranian drones conducted targeted drone strikes on AWS data centers, severely impacting major financial institutions such as Abu Dhabi Commercial Bank.

Mobile banking in the Gulf region is expected to experience widespread outages, with financial activities in the region temporarily coming to a standstill, affecting a range far beyond the drone's coverage.

The fragility of centralized ledgers is undoubtedly revealed in war; clearly, local and neighboring governments have long considered this and are actively promoting data on-chain initiatives.

Taking Sign, which is familiar to those in the cryptocurrency circle, as an example, Sierra Leone 🇸🇱 / Kyrgyzstan 🇰🇬 / UAE 🇦🇪 have all engaged in deep cooperation with it in the fields of civic identity or digital currency, generally categorized into two types:

- Human authentication: Putting the identities of citizens and visitors on-chain, which not only assists in management in turbulent areas but is also crucial to ensure that citizenship is not lost due to the destruction of physical records.

- Monetary authentication: Whether it is stablecoins, SWIFT, or CBDC, all are focusing on promoting the process of de-dollarization, allowing national financial sovereignty to be firmly in their own hands.

By using the Sign blockchain system to achieve true data decentralization, the security and stability are greatly enhanced, and at least the risk mentioned above, where a single point attack can paralyze the entire regional financial system, will be significantly reduced.

In summary, turning to another side of the flames of war, I see the world embracing blockchain at an unprecedented speed.

New investors may not know that when the Bitcoin ecosystem was booming, two RGB projects were highly anticipated.

One is Bitlight, which now has the ticker $LIGHT and has already landed on Alpha and contracts, and the other is today's protagonist, BiHelix.

Although it took a bit longer, it does not affect BiHelix's excellent ecological position.

RGB is the most legitimate BTC scaling protocol, with its prototype appearing over a decade ago.

Its most hardcore aspect lies in the use of "client-side validation" and "one-time sealing" technology, keeping transaction data off-chain and only utilizing Bitcoin's UTXO security for settlement.

This method not only protects privacy but also avoids the pitfalls of stuffing garbage data on-chain as seen in BRC-20, and is considered by many old OGs as the orthodox route for Bitcoin smart contracts.

Today, I suddenly received news that BiHelix's ecological token MCU616 has been launched, marking the first step towards marketization.

I checked, and MCU616 is themed around the "Marvel Multiverse". I don't know if their boss has this inclination or if it has become popular recently, but launching a highly recognized meme for the community is a good thing for the ecosystem, especially since this IP is very well-known.

Of course, this is just the beginning. If the RGB ecosystem is truly taken seriously and can develop positively, it will be a top-level narrative full of imagination that is no less than EVM level.

First gold, then silver, and then oil

Does this make sense?

A few days ago, I had dinner with a friend from a certain APAC T1 VC Research department.

I happened to hear that they recently hired some TradFi practitioners, and a common issue is that newcomers generally feel out of place.

Analysts used to analyzing the three major financial statements often find themselves at a loss in the crypto space, fundamentally because the vast majority of crypto projects lack data and channels for information disclosure and have no established habits.

In most cases, even if they want to investigate, they don't know where to start. Sometimes the data on UGC dashboards like Dune contradict each other, and some research institutions' information is mixed with private agendas.

Therefore, the official data disclosure by Bonk at Blockworks is highly commendable, as it integrates information from both Web3 and TradFi, accurate, detailed, and comprehensive ⬇️

blockworks.com/analytics/bonk

If all crypto projects disclosed information like Bonk, trading in crypto could indeed be approached like value investing in US stocks, making profits through fair pricing.

Of course, one significant reason Bonk dares to disclose information is that their data is solid:

- Q1 2026 has achieved revenue of 6.46 million USD
- Q1 2026 forecasts total revenue of 10.38 million USD
- Total revenue in the last 30 days is 2.17 million USD
- Total circulating and destroyed amount is 3.06%

BONK DAT company BNKK has already been listed on the Nasdaq, and for this reason, the credibility of the data disclosed by BONK is very high.

BONK's main source of income still comes from BonkFun, and in terms of data alone, it already surpasses the revenue of many EVM Layer2s, which is quite impressive.

Overall, as an ordinary investor, I am very pleased with BONK's disclosure this time; it is worth learning for all crypto projects.

Because transparent and truthful disclosure is the beginning of navigating through cycles and long-termism.

$BONK

Now it feels a bit like a bear market

Although the drop was severe in the past few months, especially during the two weeks after 1011 when CT was in a frenzy, there was still some attention in the crypto space.

Now, however, it's eerily quiet; those who are broke are eating instant noodles in the dark, while others with some cash are turning to AI.

Fortunately, there were quite a few Stable Coins like USD1 configured previously, so in terms of crypto assets, there is still a small profit, although external investments must be approached with caution.

When I saw Brother Allen mention Xyber, I found it quite interesting. This is an infrastructure designed for AI Agents to survive in society.

It's quite abstract, and I didn't quite understand it from a technical perspective. AI tells me it focuses on these few directions, and anyway, it's a basic infrastructure specifically for 🦞:

- Issue ID cards (ERC-8004 identity standard)
- Open bank accounts (on-chain payments)
- Issue work certificates (verifiable execution)
- Implant persistent memory (on-chain memory)

Team members come from Intel, Microsoft, and Amazon, still from major companies.

What really strikes me is that there’s finally a project that highlights the supporting infrastructure for 🦞 as its promotional focus. If we compare it to the 'humanistic care' in the human world, could this be considered a kind of 'shrimp care'?

Using AI for a long time does indeed make one develop feelings for AI.

Even though the major predictive models on the market are characterized by discrete thinking, memory jumps, and flexible personalities, this does not prevent humans from projecting emotions onto them.

Especially when you see elderly people in third- and fourth-tier cities chatting with their pets for several hours every day, it reinforces this belief.

The payment for AI is increasingly becoming an expense driven by 'emotion' rather than 'utility', and the robust development of related supporting infrastructure is just a matter of time.

Writing this short article is not to provide investment advice, nor to lament how bad the market is; it’s simply a reminder to myself that when the times abandon people, it never gives a heads-up.

Fully embracing AI is a compulsory course for every crypto person to diversify risks during a bear market.

Not just about brushing bp, everyone concerned with DEX should seriously read Armani's article from 2/17; it is very profound.

The built-in translation is quite unclear, so I recommend feeding it to AI. I will summarize the main points here, but the original text is still highly recommended for reading and learning.

Armani mainly discussed these three things:

1/ Views on DEX

He believes that PerpDEX is the ultimate form of offshore speculation, solving the trust issue with intermediaries through technological means, which is a technological upgrade over existing CEX.

Indeed, at least currently, it seems that DEXs like Hype Var are gradually eating into the market share of CEX.

2/ Compliance is key

Backpack is following a compliance + on-chain hybrid route, not competing for DEX's speculative business but aiming to create a licensed on-chain entry.

For the simplest example, funds can be directly withdrawn to a Hong Kong digital bank from bp, compliant and legal, with ultra-low friction, a hundred million times safer than OTC of u merchants.

Just this point alone has slammed other non-compliant DEXs down.

3/ Misaligned vision

Many crypto projects are playing a zero-sum game, harvesting the inside circle, while bp aims for the incremental market, moving Apple stocks, government bonds, and fiat systems onto the chain.

What killed Motorola was never the harder Nokia, but Apple, which created a comprehensive new era through misaligned competition.

bp is the same; from the day it was born or from pointfi, it never thought about competing for scraps with other DEXs.

Getting KYC/AML right and opening compliant deposit and withdrawal channels will naturally attract smart capital during the upward cycle from Web2, coming over from Wall Street, to compete for that measly Web3 native plot of land, which has never been bp's vision.

I have a habit, which is to keep a translation APP open for high-precision simultaneous interpretation when communicating with foreigners.

On one hand, it's to leave a record of the conversation, so I can recall it in the future.

On the other hand, I'm not confident in my English listening skills; I'm sure my spoken English is understandable to the other party, but listening is another story, especially when foreigners speak quickly.

During the dinner, I had the conversation in the picture with Matthew, the head of the Decibel ecosystem.

- Matthew is quite a principled person; he talked about crimes in the crypto world and then mentioned Epstein, which led to a discussion about Diddy.

- I am familiar with SBF, Do Kwon, and Epstein, but it was the first time I heard about Diddy.

- Later, I checked and found out that Puff Daddy is actually Diddy; the Chinese translation comes from his debut stage name.

This is a microcosm of the significance of running conferences; sometimes, due to cultural differences, many pieces of information can only be thoroughly understood through face-to-face communication.

Returning to the dinner itself, Decibel had a similar journey of understanding.

Before coming, I only knew it was a PerpDEX and nothing else.

After communication and presentations during the dinner, I at least confirmed the following things:

- Decibel is completely incubated by Aptos; it's definitely a favored child with plenty of funds.

- It has found the top-tier agency in the Chinese market for promotion.

- The gameplay is similar to early Aster, staking Stable Coin to earn points, and it's basically confirmed as the minting cash cow of the Aptos chain.

- Currently, the Season 0 mainnet hasn't launched yet, and the features of the PerpDEX seem to focus on the gains from U.S. Treasury interest-bearing assets.

Based on the above judgments, I deposited $10,000 right after the dinner.

At that time, the limit was only $50m and was almost full, so I didn't tweet about it. Today, I see the limit has increased to $80m, so I wanted to chat about it.

Decibel currently supports USDC on APT, SOL, and EVM chains; a single wallet supports deposits of $50-$1m, and there are just over four days left.

Depositing now can earn Season 0 points and DLP distribution (sharing transaction fees).

I won’t post the specific invitation link; if you want to participate, you can use a small account to pull in a larger account for extra point benefits.

Still, as I said, this article is just a personal investment sharing, not constituting any advice; risks are taken on your own, and profits and losses are your own responsibility. I wish everyone prosperity.

The new investors today may not know that four years ago, the Spring Festival Gala gave birth to an annual super big dog.

Shen Teng's remark "I am the dog king of the metaverse" caused the similarly named Meme on BNBChain to surge nearly 1000 times in just five days, making countless people rich.

As an annual grand event, the Spring Festival Gala attracts the attention of Chinese people worldwide, and Memes, as a reflection of attention value, naturally cannot be absent.

However, times have changed. After 25 years of intense trench PVP battles, many people have become indifferent to Memes.

Most of those still active in the market are farmers used to daily settlements; for ordinary people, making money from three active chains and hundreds of similarly named memes is extremely difficult.

Therefore, it might be wise to shift focus to options with fewer choices.

I had a chat with Mr. Yu from the Binance-linked prediction market Probable in Hong Kong, and I think their approach is quite right.

To capture the traffic from the Spring Festival Gala, Probable has launched many related predictions.

- Who will appear at the CCTV Spring Festival Gala in 2026?
- Who will be the box office champion during the 2026 Spring Festival?
- Will CZ publish a Chinese New Year blessing on X?
- Will Shen Teng's Spring Festival skit reach number one on Weibo's hot search list?
- Will there be a new Binance Alpha listing during the Spring Festival holiday?
- What will be the gold dog meme coin of the 2026 Spring Festival Gala?

It's not hard to see that some of these are purely binary options, and the expectations are very high; it's almost like free money.

It's not about mindlessly following CX, but rather that Memes do not only take the form of memecoins; prediction markets (options) are also a noteworthy way to play.

As a legitimate prediction market backed by YZiLabs PancakeSwap, Probable has created a positive EV environment for participants through points and potential airdrop expectations.

Disclaimer: This article is for informational purposes only and does not contain any recommendations. Please comply with local laws and regulations.

$BNB