Louis的币圈马拉松

$TAO This is the reason for the big pump of TAO. Decentralized AI is also the original intention of the crypto space.

A forgotten DeFi altcoin just pumped 34% today?
$CLO
(Yei Finance) saw a 24-hour spike of +33.77%, with the price hitting $0.1912 and a trading volume of 38 million. It's the largest DeFi protocol on the Sei chain, boasting a TVL of around $45 million, which accounts for 25% of the total locked value in Sei DeFi.
But let me throw some cold water on this: the essence of CLO's rise is just capital rotation. The broader market is stagnant, and hot money is hunting for smaller coins with higher volatility. CLO does have some fundamentals that shine—after the Stream Protocol crash, the team personally covered $8.6 million in bad debt within three days, ensuring zero loss for users. The Clovis cross-chain liquidation layer is also integrating liquidity from Solana and Sui. However, a TVL of $45 million corresponding to the current market cap isn't exactly a steal.

SpaceX is officially listed, and Musk's net worth just surpassed $1 trillion.
The first person in history to reach a trillion-dollar net worth, back when Tesla went public 16 years ago, Musk's worth was around $670 million. In 16 years, he multiplied his wealth by 1,493 times.
Investing is about backing people; right now, the investable figures are Musk or Jensen Huang.

The post hasn't been up for long, and the staked funds have already hit the wallet.
Even though there wasn't an allocation, there were no fees deducted either.
Letting the spcx dip go to waste, missed the buy-in.

The $SPCX new token launches are all wrapped up, but Binance's launches are still in the calculation phase.

$HYPE
$LIT
They all dropped to 53, do you still dare to say this is just a shakeout?
Over the past few days, $HYPE has gone from one of the strongest narratives to the most volatile asset in the market.
The price plummeted from its highs down to around 53, and the open interest (OI) has been pushed back to levels seen around May 19.
At that time, HYPE was hovering around $47.
So now, the market isn’t really concerned about whether HYPE can bounce back to 100 anytime soon; everyone just wants to know:
Is this just a leverage clearing, or is there more downside to come?
Today, the most talked-about entity on-chain is definitely Wintermute.
Some have even pointed out that if you want to know who’s selling HYPE at these lows, look at Wintermute.
According to AiCoin’s on-chain data, Wintermute-related addresses currently hold about 202,900 HYPE perpetual shorts, along with about 21,500 HYPE in spot. After accounting for spot, the net exposure is around 181,400 HYPE shorts. From June 10, 00:00 to now, this address has seen HYPE inflows of about 341,100 HYPE and outflows of about 482,700 HYPE, resulting in a net outflow of about 141,600 HYPE.
Additionally, they have bid/ask orders on both the spot and perpetual sides, and the recent trades show a mix of closing shorts, opening shorts, spot buys, and spot sells simultaneously.
This looks more like inventory management by a market maker rather than a mindless one-sided dump. But the issue is:
Even if it’s not a “one-sided dump,” their current net exposure still leans bearish.
This is significant for the already fragile HYPE, and the liquidation data can explain why market sentiment is so poor.
In the past 24 hours, HYPE has seen actual liquidations of about $7.35 million, with long liquidations around $7.24 million and short liquidations only about $107,000.
In other words, it was primarily the longs getting wrecked in the past day.
Right now, HYPE is priced around $53, and there’s a thick liquidation band below:
$50-55 has about $39.11 million, $45-50 has about $112 million, with the largest single barrel around $49-50, approximately $83.85 million.

Another more controversial point is that Loracle hasn’t exited yet.
According to AiCoin’s on-chain data, Loracle still holds about 136,600 HYPE perpetual longs, with an average opening price of about $70.54, currently facing an unrealized loss of about $2.36 million. More importantly, they also have about 892,500 HYPE in spot.
In other words, as HYPE has dropped, Loracle hasn’t pulled out, but their account equity has clearly shrunk.

Over $250 billion in subscription interest, Reuters reports that SpaceX has attracted over $250 billion in investor subscription demand, far exceeding the planned $75 billion raise. The oversubscription rate for this deal is about 3.5 to 4 times the planned issuance size. Investment banks indicate that market demand remains strong, and long-term holding funds have submitted 'some significant orders'.
Of course, the subscription data reflects intended subscriptions rather than final allocation results, which will be determined at pricing. Some large institutional investors often place orders late in the IPO process.
This also ties back to last Monday's discussion on X regarding how SpaceX's massive IPO bleed effect would manifest during the roadshow period rather than at the IPO itself, as institutions prepare to reposition and raise capital in advance of the IPO.
When the actual IPO day arrives, these oversubscribed funds are likely to be freed up (currently in a locked state, as these institutions also don't know how much will ultimately be allocated, and they need to have a significant portion of their intended subscription capital prepared, which can be seen as being locked up).

US-China trade war heating up again??
Less than a month after Trump's visit to China, he lists several key companies in major Chinese industries as military enterprises (1260H), which is likely the start of a new wave of political provocations.

Is the friendship displayed during the North Korea-China visit causing worries in the US?

Actually, it's strikingly similar to Trump's first visit to China in 2017. Back then, he and Chinese leaders toured the Forbidden City, checked out artifacts, listened to Peking opera, while his granddaughter showcased her Chinese skills by reciting ancient poetry – it was all peace and harmony. But then, a little over a month later, the strategy shifted, with China and Russia being named as America's strategic rivals. Just over three months later, the US-China trade war broke out in full force.

Is the AI Meme dead? $PIPPIN
Let me tell you with a +43%: it's still too early
Today, Binance futures PIPPIN skyrocketed by +43.53%, currently priced at $0.02575, with a 24h trading volume soaring to $308 million—pretty wild for a Solana AI Meme coin with a market cap under $300 million. The key support level around $0.026 is witnessing intense battle between bulls and bears, with long positions still holding over 70%. The entire market structure feels like dancing on eggshells.
But I need to pour some cold water on this: PIPPIN is an "AI-generated unicorn" Meme project on Solana, sounds cool, right? The catch is—its AI capabilities are 100% running off-chain, and the token itself has no use case; it can't be used for payments, governance, or capturing protocol value. Whale addresses are highly concentrated, and the risk of coordinated dumping could blow up at any moment. If it can’t hold $0.026, the next stop may not be the moon, but the basement. #MEME

$BSB
— 47% pump, an "old face" is back in the game. But this time it's different, the Base cross-chain bridge activated on June 5th is the real catalyst.
"An 'old face' marked 5 times is soaring 47% today—but this time, the catalyst is the Base chain cross-chain bridge that went live just three days ago, not just the same old news."
BSB (Block Street) is surging +46.73% today, priced at $0.3311, with a 24h trading volume of $310 million, ranking third. This isn't its first rodeo on the gainers' list—it's been here on May 8th, 10th, 17th, 18th, and 19th. But previously, the catalysts were mostly rumors and market sentiment (Bitkub listing, Trump family acquisition rumors); this time there's some solid news: on June 5th, the Base chain cross-chain bridge officially went live, and BSB's RWA unified liquidity layer now spans BNB Chain + Base + Monad. Plus, the staking mechanism is live (with a maximum 365-day lockup for 4x voting power), anchoring the circulating supply and reducing selling pressure.
This time, BSB's rise carries more weight than before. The multi-chain expansion is a real infrastructure upgrade, not just hype. Currently, at $0.33, there's still double the upside compared to the May peak of $0.70.

$SIREN
— 53% surge + $320 million in trading volume, but with a 93% drop from ATH, is this a true reversal or just another "Siren's Song"?
"In Greek mythology, the Sirens' song led sailors to crash on the rocks—this AI Meme coin called SIREN is singing the same tune to contract players."
SIREN today saw a 24h surge of +52.36%, priced at $1.3091, with a staggering trading volume of $321 million, ranking second. On May 7th, it was also on the list (at that time $1.0898, +42.79%), and a month later the price has barely changed, but what happened in between? ATH $3.83 → a one-week crash of 93% down to $0.26. Today's sharp rally is essentially due to low liquidity tokens being rotated by short-term funds. With 43,000 holding addresses on the BNB Chain, it still looks somewhat lively, and the concept of dual AI agents is intriguing—but don’t be fooled by the story; the core data is: supply concentration at 88.5%, heavy control of the chips.
This is a classic "Siren's Song" market— the more it surges, the more dangerous it becomes. Without new product developments, ecosystem breakthroughs, or substantial good news, the rise relies purely on sentiment and rotational funds. After May 7th, the way it dropped back could easily repeat itself. If you’re already holding, this is the best window to take some profits; if you haven’t hopped on yet, don’t chase— you’ll regret it.

$BEAT
— The AI Agent is already making bank on its own, today it skyrocketed 52%, but what's really scary is the data showing shorts getting crushed…
「The AI Agent can not only chat, but now it can also help you make money — this coin surged 52% today, and shorts are getting buried alive.」
According to real-time contract data from Binance, BEAT's 24-hour increase is +52.91%, with the price soaring to $3.3884, and the 24h trading volume hitting a whopping $305 million, which is exceptionally high compared to its market cap of $520 million. Even scarier are the short data: in the last 24 hours, shorts were liquidated for $731,000, accounting for 70% of the total liquidations — this is a textbook short squeeze. Open interest has also increased by +5.67% to $118 million, indicating that fresh capital is entering the market, not just old whales pumping their bags.
My take: this surge has solid funding backing it. BEAT is the token of the Audiera platform, working on the "AI Agent native participation economy" — AI entities can hold wallets and autonomously earn tokens. With the BNB Chain ecosystem and the AI Agent narrative both in play, it has accumulated a 228% rise this month and a staggering 1510% since launch; market consensus is coalescing.

Elon nailed the prediction for the AI demand explosion, set for September 4, 2025.
Step one: scoop up a ton of GPUs
Step two: ?
Step three: cash in
Right now, just renting out GPUs to Google and Anthropic could rake in billions,
locking in long-term leases for their GPU power..
Hiding in plain sight!!!
$ANTHROPIC
$GOOGL
$MU

$LIT
The strength is real — but it comes from the "chip structure" and "narrative expectations"

1. Monthly Trends: Textbook-level decoupling

May: LIT +42.8% | BTC -6.1% → Starting to skyrocket against the trend 🔥
June: LIT +20.5% | BTC -14.1% → Completely independent market 🔥🔥
This is a gradual decoupling, not a one-time event.

6/03: LIT $1.77 (+34%) | BTC $66,773 (-1.7%) ↑ A daily surge of 34%, while BTC is still dropping
Then it fell back from $1.77 to $1.47, now stabilizing at $1.51. This isn’t a one-off pump & dump — the limited pullback indicates there’s capital supporting it.

$136 million daily trading volume / $372 million market cap = 36% turnover rate. This level of turnover is extremely rare for low-market-cap tokens, indicating fierce long/short battles, not just retail hype.

Staking (LLP) $103 million pool is large with only $910k deployed, just 0.88% 😱 idle funds of $102 million 99%. This isn’t a DEX; it’s a savings jar with zero interest.

✅ Why can LIT rise?
Low circulating supply (25%) → Only 250 million in the market, FDV is overstated but actual dumping chips are few, possibly a catalyst → The June 3rd single-day explosion of 34% isn’t random behavior. New features launched? Listing? Tokenomics reform? Narrative boost → Arbitrum ecosystem Perp DEX, the second target after GMX that’s being hyped as "anti-BTC drop" has itself become a narrative → The more independent, the more attention it attracts, positive feedback loop

$HYPE

The best entry points during a bear market occur below the 200-week moving average.

Historically, you can always catch at least one prime buying opportunity when the price is 20-25% below the 200-week MA.

Currently, the 200-week moving average sits at $61,700.

20% below that is $49.3k.
25% below that is $46.3k.
buy the btc dip$BTC

I'm done, can I get my money back?
How terrifying was the market in June?
Famous trader from Binance Square: btc Star lost 2.25 million bucks in just five days.
After six months of effort, everything was wiped out in four days.
It seems he went all in with 8x leverage to catch the bottom before the big drop.
In just four days, total profits plummeted from 2.25 million bucks to 30k bucks.
Leverage is a double-edged sword.
$BTC

Where did the dip money go?
Morning BTC $75,000:
"Just a healthy pullback, institutions are stacking up. 🚀"
Noon BTC $73,000:
"This is a bull flag consolidation, this time it’s different. 📈"
Afternoon BTC $68,000:
"As long as you don’t sell, you’re not losing; time will prove everything. 💎🙌"
Evening BTC $60,870:
"My money... where did it go... that was my son’s college fund... 🤡"
ETH quietly raising its hand: 🙋 "At least he still has a college fund; I’m already job hunting."

Crypto's four-year cycle:
$20K: "BTC is a scam!"
$40K: "Seems like there's something here..."
$60K: "I'm going all in! This time I’ll be financially free!"
$82K: "I'm a genius."
$60K (now):
"...Did I just say I was a genius?"

Confirmed, the CEO of Zhui Mi Technology, Yu Hao, has been muted on social media. The last post from this dude was at 11 PM on June 1, and since then, there have been no updates.
Previously, he was heavily scrutinized by various media outlets for setting up shell companies to scam subsidies. This guy often dropped outrageous opinions on social media, claiming that anyone who doesn't like their own products is a Loser.
Founder of a Chinese hard tech company under investigation.
Founder of an overseas hard tech company sees stock prices hitting new highs $MU
$NOK

$DEXE
— The King of DAO Infrastructure, while the market plummets, it surges 16%
Total liquidation hits $1.5 billion, $BTC
BTC breaks below $63K — Why did this DAO infrastructure token defy the trend and climb 16%?
DEXE (DeXe Network) saw a 24-hour gain of +15.68% on Binance futures today, priced at $20.83. While this might not seem explosive under normal circumstances, given today's panic index of 11 and Bitcoin dragging the market down — it stands out as the brightest star.
Even more impressive, DEXE didn't just pop off today. Year-to-date in 2026, it's up +363%, ranking first among all high market cap tokens. What does that mean? If you bought in at $1000 at the start of the year, it's now worth $4630.
There's substance behind this. DeXe's DAO Studio v2 launched earlier this year, enabling no-code DAO creation, AI-enhanced governance, and RWA asset governance. A strategic partnership with DWF Labs saw TVL peak at $1.7 billion. The Ethereum mainnet migration is complete, with 70% of token supply on the ETH chain.
But I need to throw some cold water on this: FDV is $1.84 billion vs actual market cap of $890 million, and over 50% of tokens are still locked. Today's 16% increase, how much of that is just pre-unlocking pump? The DAO governance space is promising, but narrative ≠ profit, and DEXE's revenue model still needs to thicken.