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I accidentally entered your live stream early this morning and only then did I realize that there are foundational workers like you in the cryptocurrency space... amazing, really amazing!
Jeonlees
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Apro: When on-chain starts demanding 'causal relationships', data systems are no longer just infrastructure
If you broaden your perspective a bit, you'll find that the development of Web3 over the past decade has basically revolved around 'results': price results, settlement results, transaction results, bridge state results. On-chain systems resemble a machine that continuously confirms states; as long as the input is given, it can operate. But this year, the industry's focus suddenly shifted towards 'causes'. On-chain applications are no longer satisfied with knowing the results; they are beginning to care about: Why is this happening? Is it abnormal? What might follow? This is a transition from a 'state system' to a 'causal system'.
$BEAT takes off, on November 1st on alpha, received over 30u, holding until now at 462u, ten times the increase In November, many alpha coins performed poorly! The total sold does not compare to this one being held😭 In the future, we still need to look at project research and select projects!!
The changes in $BEAT over the past two days are very intuitive: While the price stabilized, the trading volume continued to increase. It is not a one-off emotional surge, but continuous turnover, with support and speculation, indicating that attention and trading willingness are both on the rise.
The underlying reasons are actually not complicated. Audiera belongs to the established IP blockchain 2.0, but its route is different from many high FDV sentimental projects. Compared to the high valuation + high unlock of MapleStory, Audiera chose low initial circulation + single-coin model + real users, making it friendlier to retail investors and easier to form effective trading depth.
More importantly, the data has started to come out, rather than just telling a story: • Users: 600 million historical users + 5 million on-chain users • Revenue: AI Payment has generated over 148,900 $BEAT • Burn: Weekly fixed announcement of Burn, the first batch of 125,000 BEAT has been completed for destruction
This is essentially using Web2 music + AI + payment to build a real cash flow participating in a deflationary token model. Not all old IP blockchains are the same; some sell sentiment, while others are genuinely designing a new economy.
The trial that was 1314 days late finally brings the creator of the $40 billion stablecoin crash to prison —
Do Kwon was sentenced to 15 years, not just a judicial hammer falling, but also the most expensive wake-up call in crypto history.
On December 11, wearing a yellow prison uniform, Do Kwon was sentenced in a New York federal court. The defense attempted to argue for a 5-year sentence citing 'arrogance rather than greed,' but faced strong rejection from the judge and prosecution.
The prosecution pointed out that the Terra stablecoin mechanism was based on false narratives from the very beginning, and the collapse of UST triggered a chain reaction, indirectly leading to the collapse of FTX and the industry's winter.
The judge bluntly stated that a 5-year sentence was 'absurd,' and the 12 years suggested by the prosecution was also 'insufficient to reflect the devastating consequences.' He cited Kwon's earlier message 'Deploying more capital – steady lads' as a symbol of deceiving investors and ultimately ruled a 15-year imprisonment, calling it 'a fraud case of generational scale.'
The scale of the victims further highlights the social impact of the event. There are about 16,500 creditors of Terra, while the actual number of victims may exceed one million.
In just a few days, the judge received 315 letters: some lost their homes, others lost their retirement savings and children's education funds, and some had not dared to sleep for four days due to the repercussions. Many people in the letters complained that they were ensnared by Kwon's 'mythologized narrative,' where 'trust was weaponized' and savings evaporated in an instant.
Kwon expressed belated remorse in court and acknowledged that he had concealed the truth about market interventions. He hopes to serve his sentence in South Korea in the future but still faces additional charges and has agreed to forfeit $19 million in assets.
Once claiming he would 'not debate with the poor,' he now walks handcuffed towards the elevator, yet some still applaud for him —
This may be the most thought-provoking footnote of the Terra tragedy: under the intertwining of blind faith and financial illusions, there are no winners.
Good morning💗💗 Traversing the cycle, one achieves the end The experiences of the last round are the map for this round The real value is not in the peaks of candlesticks, but in the depth of your understanding. —— Learning in a bear market, realizing in a bull market. Time will provide answers for long-termists. #美联储降息
Hawk In the blue sky of cryptocurrency, the Hawk token soars like an eagle! It is not just a Meme coin, but a manifestation of the spirit of freedom, perfectly echoing Elon Musk's strong advocacy for freedom of speech on the X platform. Hawk is on a mission to spread the values of freedom, aiming to impact all of humanity—from the anonymous issuance on the BSC chain to the permanent destruction of liquidity, ensuring fairness and scarcity, making every holder a guardian of freedom! If you yearn for freedom, are you still hesitating? Join the Hawk community now, wave the flag of freedom of speech together, and embrace the awakening of crypto wealth and human values!
$GIGGLE Today, I will continue to analyze GIGGLE for everyone. Many people are trapped; this coin is unlikely to rise above 150 in the short term. There are 2 reasons: the first reason is that the big player completed two surges to over 270 dollars from the beginning. Many in the market think that there is a low supply, and after two surges to 270 dollars, the market believes that as long as this coin drops to below 100-120, it is considered the bottom. In fact, the price at which the big player wants to offload is exactly what the market considers the bottom. This results in a substantial amount of both spot purchases and long contracts. Thus, there was a situation of destruction and speculation leading to a continuous decline starting from December 1. Every time it drops by 10 dollars, many people try to catch the bottom: 225/215/205/95/85/75/✅65? 55? 45? 35? Whether it can continue to decline depends on the market trading volume and whether the big player wants to continue to offload and cash out. A prolonged period of sideways movement is inevitable in the future!