The Disappearing Shanzhai Issue 34: Chinese Currency Harvesting Edition
$币安人生
On April 11, $0.1142, with a market value of $113 million, rising over 36% in 24 hours. But how many times has this been resurrected? On April 8, CZ's English autobiography 'The Binance Life' was released, creating a wave; on April 11, the market value broke $100 million, creating another wave. There are major problems behind this: the official circulation is said to be 1 billion pieces, but 816 million pieces are held in exchanges, leading analysts to suspect that insiders are controlling the market, significantly reducing actual liquidity. The ups and downs depend entirely on how well CZ's book sells; the currency is just an emotional voting machine.
$我踏马来了
On April 8, it hovered around $0.0087, with a market value of $8.2 million, rising 15% in 24 hours. The hype has passed—He Yi's statement 'I’m coming in 2026' was made in January, and Binance Alpha's one-day rise of 800% was three months ago. Now, all the contracts that various exchanges should have released are out, but the price just won’t rise. Playing with memes is fun for a moment, but the atmosphere quickly turns cold.
$龙虾
On April 8, the market value was $8.82 million, rising 22% in 24 hours. Bitget, Gate, and Binance perpetual contracts have all been launched, but the price has dropped from a high of $0.0268 to around $0.0067, a decline of 75%. OpenClaw's popularity has long cooled, and no one is mentioning AI narratives anymore. After a round in the exchanges, the retail investors didn't catch it.
The Binance Life relies on CZ's book to repeatedly resurrect, and I’m coming in has turned cold; lobsters have dropped 75%. The fate of the Chinese currency depends entirely on whether CZ or He Yi speaks up.
It fell from 10 to 8.7, without a decent rebound in between. Those trying to buy the dip are just burying themselves, all becoming living Lei Feng. MA25 is pressing down hard, can't even touch it, while many are drawing support lines, drawing one and breaking another, as if playing around. Brother Quan directly said, this position is just giving away money, seeing below 6 without looking back, whoever buys is a living Bodhisattva.
$EDGE Speed up short selling! Prepare for a crash, seeing below 0.5, welcome the short sellers to join, if you don't believe it, just go long and blow up the circle, brother!
$CFG Speed up shorting! Prepare for a crash, when it drops below 0.1, welcome to the shorters, if you don’t believe it, go long and blow up the circle, brother!
$龙虾 Speed shorting! Ready to surge, the Chinese coin with the lowest market value, welcome to the bulls joining, if you don't believe it, just short and blow up the circle, brother!
$XAG Speed up the short selling! Preparing for a sharp drop, looking below 70, welcome the bears to join, if you don't believe it, go long and blow up the circle, brother!
$GUA Speed up short selling! Prepare for a crash, when it drops below 0.3, the air force is welcome to join, if you don't believe it, go long and blow up the circle, brother!
$RAVE Speed shorting! Preparing for a crash, seeing below 0.5, welcome the short-sellers to join, if you don't believe it, go long and blow up the circle, bro!
$NIGHT Speeding to short! Preparing for a crash, seeing below 0.03, welcome short sellers to join, if you don't believe it, just go long and blow up the circle, brother!
$JCT Speed short! Preparing for a crash, seeing below 0.003, welcome the bears to join, if you don't believe just go long and blow up the circle brother!
$BLUAI Speeding up to short! Preparing for a crash, seeing below 0.005, welcome to the short sellers, if you don't believe it, go long and blow up the circle, bro!
$币安人生 speed short selling! Ready for a crash, seeing below 0.1, welcome the short sellers to join, if you don't believe it, go long and blow up the circle, brother!
$LAB Speed up the short sell! It's ready to plummet, seeing below 0.3, welcome the bears to join, if you don't believe it, just go long and blow up the circle, bro!
$4 Speed shorting! Prepare for a sharp decline, seeing below 0.1. Welcome short sellers to join, if you don't believe it, just go long and blow up the circle brothers!
$TRADOOR Speed up the short selling! Prepare for a crash, see below 2, welcome the short team to join, if you don't believe it, go long and blow up the circle, brother!
$ASTER Speed up shorting! Preparing for a crash, seeing below 0.5, welcome to the shorting team, if you don't believe it, go long and blow up the circle, brother!
$HEMI Speed is increasing rapidly! It's ready to soar, once we see above 0.01. Welcome to join the bulls. If you don't believe it, go short and burst the circle, brother!