Author: 0xLoki Source: X, @Loki_Zeng

The main line of this round is relatively clear:< /p>1/ Memecoin and AI are the absolute main lines of the track

This year’s Memecoin is very different from the past. It has broken away from the concept of [speculators] and corresponds to the 2020 DeFi concept. It is essentially a new asset issuance method that all infra and services must rely on. Regarding asset issuance, the left route of asset issuance is Memecoin, and the right route is RWA and VCcoin

The left route is a global opportunity, while the right route is more of a structural opportunity, such as the revival trend of DeFi,

Axis of Evil by @ethena_labs+ @SkyEcosystem+ @MorphoLabs. Old protocols such as @CurveFinance and @aave have also seen significant business growth; there are also some structural opportunities in BTCfi, CeDefi and Payfi.

So I am still not optimistic about ETH. At present, ETH can still only carry side narratives. Although Coinbase will benefit greatly from the main narrative, in my opinion, it is more like The eighteen princes all had their own agendas against Dong, instead of the three heroes fighting against Lu Bu with one heart and one mind. A very likely situation is that the ETH exchange rate cannot outperform BTC in the upper pair, Solana in the middle pair, and DeFi blue chip in the lower pair.

During the election campaign, Trump and Musk’s narratives have already exerted great potential. There are two bigger things next: ① officially taking office and ② replacing the SEC chairman. At the same time, ETH and MSTR have taken over the grayscale tasks of the previous round of cycles, and more enterprises and sovereignties will begin to allocate, and this time it will only be bigger than in 2020.

The West's well-known long-term bull continues to be on the rise.

Under the combination of the above internal factors + external factors, the importance of ecology has been very clear. I will not go into details about the ecology that already has a strong consensus or a sub-strong consensus. , let’s talk about two ecosystems that have received very little attention:

I recommend a recent interview by Vitlik. It has nothing to do with ETH but some of the views in it are very interesting, including thoughts on the authoritarian monopoly of AI and future AI symbiosis, and Memecoin. The big Beta is undoubtedly @ACTICOMMUNITY, and the answer to the Alts sector’s Beta is also very clear. Crypto AI can only be deAI or Fair AI, as @bittensor_＞＞ @worldcoin

It is worth mentioning that last week the media broke the news that the most promising candidate for the new SEC chairman is BakerHostetler law firm partner and block Teresa Goody Guillén, co-head of the chain team, and she is also the legal partner of Bittensor’s first subnet @getmasafi. One week after the news came out, $MASA still rose by about 30% despite the correction of BTC.

As the saying goes, people eat meat one step ahead of others and eat shit ten steps ahead of others. This is the case with Near. At the beginning of this year, Solana Memecoin became popular. At the time, Near’s Memecoin quickly followed suit, with two targets, Black Dragon and Yilong. Near founder @ilblackdragon also participated in Nvidia’s AI conference.

But for a period of time afterwards, Memecoin and AI were tepid. Now the wind of Memecoin and AI is finally blowing, and it has affected Solana, Base, SUI, and BNBChain, but the grass on the graves of Near players is three meters high

But it’s good The news is that there is a metaphysical theorem. From DeFi to X2E, to NFT and inscriptions, Near can always catch the last bus and take the last hot bite, but public chains that are later than Near can basically not catch up with anything. Near is the kind of person who eats but gets there, knows how to do things, and is more organized. I just took a look, and the three-meter-high Memecoin @dragonisnea and the five-meter-high inscription @inscriptionneat both have $7m left and have very good exit liquidity.