Gaining followers without making money? 5 growth traps to avoid as a crypto KOL
Author: Leon Abboud
Compiled by: Deep Tide TechFlow
My journey as a content creator began 8 years ago. Along the way, I have made almost every possible mistake in trying to grow and monetize my brand. Here are the 5 mistakes to watch out for that I hope will help you avoid these costly lessons.
Error 1: Treating a brand as a hobby rather than a career
Most creators remain in financial difficulties for a long time because they position themselves as 'creators.' When you only see yourself as a creator, you focus on optimizing clicks, likes, views, and all the various metrics thrown at you by the algorithm.
Singapore will pilot tokenized bills and introduce laws related to stablecoins On November 13, the top officials of the Monetary Authority of Singapore (MAS) stated on Thursday that the central bank of Singapore plans to advance the construction of a scalable and secure tokenized financial ecosystem. To this end, a pilot issuance of tokenized MAS bills will be launched next year, along with relevant laws to regulate stablecoins. Chia Der Jiun, the Director of the Monetary Authority of Singapore, pointed out at the Singapore FinTech Festival: "Tokenization has started, but have asset-backed tokens reached 'escape velocity'? They have not yet achieved that." He mentioned that the Monetary Authority of Singapore has been refining the details of the stablecoin regulatory framework and will draft relevant legislative proposals, focusing on "robust reserve asset support and reliable redemption mechanisms." Chia Der Jiun also added that the Monetary Authority of Singapore is simultaneously supporting various pilot projects under the 'Blue Initiative', which aims to explore the use of tokenized bank liabilities and regulated stablecoins for settlement.(Jin Shi)
Sui ecosystem Perp DEX Astros Soft Launch exceeded $100M in trading volume within a week. On November 13, the Sui ecosystem Perp DEX Astros officially entered Soft Launch Phase 2 at the end of October. The platform has been live for about a week, and the cumulative trading volume has surpassed $100 million ($100M), demonstrating strong growth momentum. The Co-founder of Sui Foundation also personally tweeted about the experience of this Perp DEX, further attracting community attention. Meanwhile, Astros officially launched the Astros Ores Daily Lucky Draw event yesterday to encourage active participation from ecosystem users. Users can randomly receive Ores airdrops based on trading volume, unlocking further benefits on the platform. Astros Ores is an important token in the Astros ecosystem and will serve as a core passport for ecosystem rights and future airdrops, with a limited total issuance.
Sui Ecosystem Perp DEX Astros Soft Launch exceeded $100M in trading volume in one week. On November 13, Sui Ecosystem Perp DEX Astros officially entered Soft Launch Phase 2 at the end of October. The platform has been live for only about a week, and the total trading volume has surpassed $100 million ($100M), demonstrating strong growth momentum. The co-founder of Sui Foundation also personally tweeted about their experience with the Perp DEX, further attracting community attention. Meanwhile, Astros officially launched the Astros Ores Daily Lucky Draw event yesterday to encourage active participation from ecosystem users. Users can randomly receive Ores airdrops based on trading volume, unlocking further benefits on the platform. Astros Ores is an important credential in the Astros ecosystem and will serve as a core pass for ecosystem rights and future airdrops, with a limited total supply.
Ethereum withdrawal continues, with a net outflow of 119,700 ETH from CEX in the past 24 hours. On November 13, according to Coinglass data, the cumulative net outflow of Ethereum from CEX in the past 24 hours was 119,700 ETH, with the top three CEX by outflow as follows: · Binance, outflow of 93,700 ETH; · Coinbase Pro, outflow of 22,900 ETH; · Kraken, outflow of 3,086.92 ETH. In addition, Bitfinex saw an inflow of 2,645.45 ETH, ranking first in the inflow list.
Jiuyang Co., Ltd.: The company does not have products related to Hachimi. On November 13, Jiuyang Co., Ltd. stated on the interactive platform that the company does not have products related to Hachimi. Previously, the rising popularity of the topic 'Hachimi North and South Mung Beans' on Chinese social media had an impact. Social media reported that Jiuyang Soy Milk launched the 'Hachimi North and South Mung Beans' beverage, causing its stock price to increase by 10.05% within the day, with a market value rising to 8.439 billion yuan. The Chinese meme coin 'Hachimi' also rose over 70% within 24 hours, but the increase has since dropped to 40%.
ETH short-term long and short double explosion, over 16 million USD liquidated in the last hour On November 13, according to Coinglass data, ETH experienced a double explosion of long and short positions in the last hour, with a total liquidation of 16.48 million USD, among which Hyperliquid accounted for the largest share, approximately 45% of the total. In addition, according to HyperInsight monitoring, currently the largest long position on Hyperliquid for ETH is held by a whale with '3x short ASTER' (0x9ee), with a position size reaching 103 million USD and an average price of 3265 USD.
Bitcoin withdrawal continues, with a net outflow of 463.27 BTC from CEX in the past 24 hours. On November 13, according to Coinglass data, the cumulative net outflow from CEX in the past 24 hours was 463.27 BTC. The top three CEX by outflow are as follows: · KuCoin, outflow of 662.10 BTC; · Gate, outflow of 290.72 BTC; · Gemini, outflow of 229.35 BTC. Additionally, OKX saw an inflow of 540.60 BTC, ranking first in inflows.
The U.S. government will 'open the doors', multiple departments require employees to return to work tomorrow. On November 13, as President Trump is set to sign the temporary funding bill passed by both houses of Congress to end the government 'shutdown', several administrative officials revealed that multiple federal departments have notified employees to return to work tomorrow (13), including the Department of Health and Human Services, the Department of the Interior, the Department of Housing and Urban Development, and the Department of Justice, among others. However, it is currently uncertain when employees who were forced into unpaid leave will receive back pay, and whether salary payments can be quickly restored. (CCTV News)
Metaplanet CEO: Transformation of Bitcoin treasury has been carried out in accordance with proper procedures, and corporate governance is the foundation of all decisions. On November 13, Simon Gerovich, CEO of the Japanese listed Bitcoin treasury company Metaplanet, stated that "Metaplanet has held five shareholder meetings over the past two years and has obtained shareholder approval for all important matters, including amending the company's articles to change the business purpose to Bitcoin treasury business, increasing the authorized shares for Bitcoin acquisitions, and issuing a new class of stock (preferred stock). These processes have been carried out under the leadership of an established management team prior to the transformation of Metaplanet. At Metaplanet, corporate governance is the foundation of all decisions."
Yuneng Holdings will acquire approximately 5.56% of the issued share capital of the virtual asset trading platform HKVAX for HKD 100 million. On November 13, according to the announcement by the Hong Kong Stock Exchange, the Hong Kong-listed company Yuneng Holdings announced that it has signed a purchase agreement with the Hong Kong licensed virtual asset trading platform HKVAX, to acquire approximately 5.56% of the issued share capital of the company for HKD 100 million, including cash of HKD 24 million, and the remaining HKD 76 million will be paid through the issuance of three-year zero-coupon convertible bonds with a conversion price of HKD 2.5. #美国结束政府停摆
Telcoin has been approved to establish the first regulated digital asset bank in the United States and will issue the USD stablecoin eUSD On November 13, Telcoin today announced that it has received final charter approval from the Nebraska Department of Banking and Finance to officially establish the Telcoin Digital Asset Bank — this will be the first digital asset depository institution in the United States. This charter allows Telcoin to become the first true blockchain bank in the U.S., directly connecting U.S. bank accounts with regulated "Digital Cash" stablecoins. Its flagship product eUSD will become the first USD stablecoin issued by a bank and circulating on-chain in the United States, providing consumers and businesses with a secure and compliant digital cash payment, remittance, and savings method. It is worth noting that this is also the first bank charter explicitly authorized to connect U.S. consumers to DeFi. The eUSD and other global digital cash stablecoins launched by Telcoin represent the direction of currency evolution — programmable, interoperable, and able to flow seamlessly between blockchain and traditional financial systems. Unlike unregulated, offshore, or non-bank stablecoins, eUSD is fully backed by U.S. bank deposits and short-term government securities, held in custody by regulated entities. Telcoin believes that the trust brought by bank regulation will drive consumer adoption and attract institutional-level adoption, thereby helping blockchain finance to become mainstream.
If Bitcoin rises and breaks through $104,000, the cumulative short liquidation intensity on major CEX will reach 1.353 billion. On November 13, according to Coinglass data, if Bitcoin rises and breaks through $104,000, the cumulative short liquidation intensity on major CEX will reach 1.353 billion. Conversely, if Bitcoin falls below $100,000, the cumulative long liquidation intensity on major CEX will reach 982 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to liquidity waves.
Trump: The government must never shut down again; the shutdown caused a loss of $1.5 trillion. On November 13, President Trump stated, 'The government shutdown resulted in a loss of $1.5 trillion. The Democrats now look very bad. Truly calculating the overall impact of the losses will take weeks or even months. I call for an end to the obstruction of the rules of procedure to prevent such events from happening again. I want to thank the 8 Senate Democrats who did the right thing. The government must never shut down again.' (Jin Shi)
Binance will suspend Ethereum network deposits and withdrawals on November 26 at 13:55 to support maintenance. On November 13, Binance will support the Ethereum network (ETH) upgrade and hard fork. To prepare for the upgrade and hard fork, Binance will perform maintenance on the Ethereum network (ETH) wallet on November 26, 2025, at 14:00 (UTC+8). To support this maintenance, Binance will suspend Ethereum network (ETH) deposits and withdrawals on November 26, 2025, at 13:55 (UTC+8). The maintenance is expected to take 1 hour, and deposits and withdrawals will automatically resume once the maintenance is completed; The Ethereum network (ETH) will undergo a network upgrade on December 4, 2025, at 05:50 (UTC+8). Binance expects to suspend Ethereum network (ETH) token deposits and withdrawals on December 4, 2025, at 05:45 (UTC+8).
"Calm Order King" SOL has broken its average position price, and the floating profit has narrowed to 3.8 million USD. On November 13, according to Coinbob's popular address monitoring, "Calm Order King" has not made any adjustments in the past 6 days, with an overall floating profit peak exceeding 8 million USD, now narrowed to 3.78 million USD (107%) due to market fluctuations. The current total position size is approximately 69.85 million USD. The current major positions compared to November 11 are: ETH long position: floating profit of 2.87 million USD (297%) - floating profit of 1.61 million USD (176%), average price 3,431 USD, position size approximately 22.91 million USD; BTC long position: floating profit of 1.31 million USD (112%) - floating profit of 310,000 USD (28%), average price 103,500 USD, position size approximately 22.09 million USD; SOL long position: floating profit of 2.12 million USD (157%) - floating loss of 800,000 USD (-8%), average price 153 USD, position size approximately 19.49 million USD; UNI long position: floating profit of 3.10 million USD (478%) - floating profit of 1.90 million USD (360%), average price 5.02 USD, position size approximately 5.29 million USD. This trader has turned a principal of 3 million USD into over 30 million USD in two months, with multiple precise predictions of market trends and several profits exceeding 4 million USD, now attracting significant attention from on-chain trading groups. Rhythm BlockBeats reminds investors that the cryptocurrency market has recently experienced significant volatility, and investors need to pay attention to risk control.
Polymarket quietly re-launches its U.S. trading platform in Beta mode On November 13, Bloomberg reported that the decentralized prediction market platform Polymarket has quietly re-launched in Beta mode in the U.S. Founder Shayne Coplan reportedly stated at the Cantor Fitzgerald cryptocurrency conference that the U.S. platform is "live and running," allowing selected users to place bets on real contracts. According to reports, the platform is in the final stages before formally opening in the U.S. This soft re-launch marks a milestone for Polymarket after resolving the enforcement case with the U.S. Commodity Futures Trading Commission (CFTC) in 2022, which forced the company to move overseas and led to a $1.4 million fine. In July 2025, Polymarket acquired the licensed derivatives exchange and clearinghouse QCX, laying the regulatory groundwork for its return to the U.S. After moving overseas, Polymarket experienced significant growth, especially during last year's U.S. presidential election. Last month, the platform set records, with monthly trading volume, active traders, and the number of new listed markets all reaching historic highs. However, its licensed U.S. competitor Kalshi surpassed it in trading volume in October. Following its full re-launch in the U.S., the platform is expected to launch its native cryptocurrency POLY, a fact confirmed by Polymarket's Chief Marketing Officer Matthew Modabber. This news has attracted more traders to participate in its prediction markets as they seek to meet the undisclosed short investment qualification requirements. As the prediction market space matures and becomes a legitimate fusion of information and finance, Polymarket has significantly expanded its influence by adding major partners.
AllScale: Global Creator Program Officially Launched with a Reward Pool of $120,000 On November 13, according to official news, the AllScale Global Creator Program officially launched today, themed "Learning, Creation, Revenue Generation." This program targets Web3 creators, students, freelancers, and KOLs in eight major regions worldwide, offering a total reward pool valued at $120,000 (30,000 USDT + 90,000 USD worth of ASP). Each regional event sets up rewards of 2,000 USDT + 10,000 USD ASP, including first to third prizes for creation, top promoters, and top recommenders with five grand prizes. Outstanding performers have the opportunity to become regional ambassadors, enjoying additional ASP,
#美国结束政府停摆 mentorship and official collaboration opportunities, and can advance to the global finals to compete for higher honors. Creators can publish videos, designs, articles, and other works on X, YouTube, or LinkedIn, tagging @allscaleio and their regional tags, and then complete the submission of works through the AllScale event submission form. The first station, Africa Wave, officially opens today, marking the launch of the AllScale Global Creator Program, providing creators with new opportunities for learning, creation, and revenue generation.