After taking a round around the square, everyone was chatting about Nvidia taking down Hugging Face with a deal worth 12.9 billion—quite lively. What’s more intriguing, though, is the quiet stir from the on-chain Alpha side. Contract $AKE jumped 14% in a single day, and spot $PEPE also moved by nearly 7%. $BZ and $0G also saw a modest increase in volume, but they didn’t really get noticed. In this kind of market, many people are fixated on the sentiment around US tech stocks, and end up missing the rotation rhythm of the underlying infrastructure and narrative coins. Do you think the funds will chase the AI track next, or go stake out ecosystem projects that haven’t been called out yet? Not investment advice. #I recently watched a video where Li Guoqing commented on Sun Yuchen—honestly, after listening to it, I was pretty moved by it, Li Guoqing