The market has been a bit volatile these days. There are still many troublemakers, even Google has been hacked. Of course, it also allowed me to make a small profit. Seeing the recent news about UXLINK, which has also been attacked by hackers, makes me feel a sense of shared suffering, although it was a malicious attack. The core system and user assets were not affected, RWS protocol and social layers are still running normally.
54 million users are still steadily growing, they use what they need and chat as usual. The team is also preparing new airdrop and buyback plans, it looks like the overall pace is quite stable. It feels like a bit of wind and snow pressing me for two or three years, but I laugh as lightly as cotton-like snow.
I've always liked UXLINK's approach of "using social connections for distribution," not relying on advertisements, not playing gimmicks, but quietly solidifying the social infrastructure of Web3. So hurry up, I still have it in my hands!
Brothers, I've recently been eyeing a pretty interesting coin — $OG (note that it's the letter O, not the number 0). Why focus on it? A few points: Chiliz acquired the OG team, and this news itself is quite explosive; Binance has already listed it on spot trading, and the total amount is only 5 million, fully circulating, with no risk of unlocking and crashing; The latest gameplay is said to be linked to DOTA's mechanics, and $OG is the only ticket to enter, which sounds like there is a lot of imagination space.
I've also looked at the charts; after a surge a while back, it washed out, and now the correction is almost done, with the candlestick pattern gaining strength. Compared to the overall market's sluggishness, $OG being able to hold steady without dropping shows that there is consensus among the funds inside.
My personal judgment: projects with small supply and strong narratives, once global players enter, the circulating supply will be quickly locked, and then the rise will be a matter of course.
For the short-term target, I see four digits; anyway, I have already jumped on board, and everyone can do their own research. But don't wait until it skyrockets to regret it. #OG #GameFi #百倍潜力
China Everbright Securities Chief Economist: US Dollar Stablecoins Are Not Legal Tender in the US, Should Not Be Mythologized or Overvalued
According to Caixin, during a recent online seminar of the China Macro Economic Forum (CMF), Guan Tao, the Chief Economist of China Everbright Securities, stated that US dollar stablecoins are not legal tender in the US and lack the backing of sovereign credit. A 'wait-and-see' approach can be taken towards stablecoins, and there is no need to rush or to 'mythologize' or 'overvalue' them. It is essential to maintain strategic resolve in the development of digital currencies and the promotion of the internationalization of the Renminbi. Guan Tao believes that customer funds from third-party payments like WeChat and Alipay are fully managed by the People's Bank of China, which is similar to the issuance of stablecoins at a 1:1 ratio, and in practice, payment and settlement still use Renminbi. #GENIUS稳定币法案 #加密立法新纪元