Web3 信徒
Web3 一级市场 ，推特 @XinTuWeb3
不做任何投资建议，交易需谨慎。🌹
27 Following
201 Followers
267 Liked
29 Shared
Posts
All
Quotes
Videos
PINNED
What can be traded in the crypto market a year later? (Reflections)
This article (What can be traded in the crypto market a year later?) is quite heart-wrenching, thoroughly explaining the 'narrative anemia' of the crypto secondary market in 2025-2026 and the 'structural death' of the primary market.
In the past, our underlying logic for trading coins was 'new asset supply → new narrative → capital inflow → price surge → bag holder', but this path is basically no longer viable. The primary market financing has plummeted (early rounds dropped 64% over four years), and the queue for TGE of old projects is essentially 'industry destocking'. No one dares to invest in new L1, new DeFi, or new social projects anymore. As a result, the secondary market lacks fresh blood, relying purely on existing projects and Meme to sustain itself. However, Meme is no longer about 'undervalued altcoins', but rather pure attention harvesting + instant monetization, with lifecycles shrinking from several months to a few days or even hours; holding basically equals a funeral.
In the past, our underlying logic for trading coins was 'new asset supply → new narrative → capital inflow → price surge → bag holder', but this path is basically no longer viable. The primary market financing has plummeted (early rounds dropped 64% over four years), and the queue for TGE of old projects is essentially 'industry destocking'. No one dares to invest in new L1, new DeFi, or new social projects anymore. As a result, the secondary market lacks fresh blood, relying purely on existing projects and Meme to sustain itself. However, Meme is no longer about 'undervalued altcoins', but rather pure attention harvesting + instant monetization, with lifecycles shrinking from several months to a few days or even hours; holding basically equals a funeral.
There is a classic joke on the internet that really hits home:
If you had bought Bitcoin for 1,000 yuan in 2010 and held onto it until now, it would have turned into 10 billion.
It sounds easy, "Was it just about holding on?"
But if you lay out the profit curve, you will find that the journey of that 1,000 yuan Bitcoin is completely unbearable for any person.
1,000 yuan → 100,000 → 1,000,000 → plummeting to 30,000 → surging to 5,000,000 → halved again to 800,000 → skyrocketing to 20,000,000 → pulling back to 3,000,000 → suddenly 500 million → crashing down to 80,000,000 → ultimately 10 billion.
How many times were there "zero-style" retracements in between? How many times did you watch your account drop from astronomical numbers back to a mortal level? How many times did you stay up late scrolling on your phone, wanting to smash your computer, wanting to cut losses and run?
Think about it, those who truly managed to "hold from beginning to end" are almost all psychologically damaged:
Some people collapsed and left the market when the first bubble burst in 2011, dropping 93%.
Some couldn’t endure the three years of zero feeling during the bear market from 2013 to 2015 and sold.
Some saw their assets evaporate by over 85% when it dropped from 20,000 dollars to 3,000 dollars in 2018, leading to a complete mental breakdown.
Not to mention 2022 and this year's situation (rapidly halving from a high of 126,000 dollars), many went directly bankrupt or liquidated.
And those who truly held on and achieved the miracle of "1,000 → 10 billion" often experienced far more than ordinary investors:
For example, Binance founder CZ (Zhao Changpeng), who was deeply involved in Bitcoin early on, went all in by selling his house to create the world's largest exchange, going through countless market crashes, regulatory storms, and FUD. In the end, he was even sentenced to four months in prison in the U.S. due to compliance issues (imprisoned in 2024, and during his time served, he also experienced life in prison).
It’s not that he lacked money or understanding, but that even the top players in the entire industry had to pay a huge price—time, freedom, mental health, family... even prison.
So the real cruelty of this joke lies in the fact that "holding on" has never been a technical issue, but a human issue.
The vast majority of people, during any severe retracement of the curve, are highly likely to have already mentally collapsed and exited at a loss. Those who can really make it to the end are not the smartest, but the most "crazy", the most resilient, and those who do not regard money as life.
#比特币
If you had bought Bitcoin for 1,000 yuan in 2010 and held onto it until now, it would have turned into 10 billion.
It sounds easy, "Was it just about holding on?"
But if you lay out the profit curve, you will find that the journey of that 1,000 yuan Bitcoin is completely unbearable for any person.
1,000 yuan → 100,000 → 1,000,000 → plummeting to 30,000 → surging to 5,000,000 → halved again to 800,000 → skyrocketing to 20,000,000 → pulling back to 3,000,000 → suddenly 500 million → crashing down to 80,000,000 → ultimately 10 billion.
How many times were there "zero-style" retracements in between? How many times did you watch your account drop from astronomical numbers back to a mortal level? How many times did you stay up late scrolling on your phone, wanting to smash your computer, wanting to cut losses and run?
Think about it, those who truly managed to "hold from beginning to end" are almost all psychologically damaged:
Some people collapsed and left the market when the first bubble burst in 2011, dropping 93%.
Some couldn’t endure the three years of zero feeling during the bear market from 2013 to 2015 and sold.
Some saw their assets evaporate by over 85% when it dropped from 20,000 dollars to 3,000 dollars in 2018, leading to a complete mental breakdown.
Not to mention 2022 and this year's situation (rapidly halving from a high of 126,000 dollars), many went directly bankrupt or liquidated.
And those who truly held on and achieved the miracle of "1,000 → 10 billion" often experienced far more than ordinary investors:
For example, Binance founder CZ (Zhao Changpeng), who was deeply involved in Bitcoin early on, went all in by selling his house to create the world's largest exchange, going through countless market crashes, regulatory storms, and FUD. In the end, he was even sentenced to four months in prison in the U.S. due to compliance issues (imprisoned in 2024, and during his time served, he also experienced life in prison).
It’s not that he lacked money or understanding, but that even the top players in the entire industry had to pay a huge price—time, freedom, mental health, family... even prison.
So the real cruelty of this joke lies in the fact that "holding on" has never been a technical issue, but a human issue.
The vast majority of people, during any severe retracement of the curve, are highly likely to have already mentally collapsed and exited at a loss. Those who can really make it to the end are not the smartest, but the most "crazy", the most resilient, and those who do not regard money as life.
#比特币
From 120,000 dollars to 60,000 dollars, has Bitcoin changed, or have you changed?
Those who called for 'it will rise to 200,000' at 120,000 went silent at 60,000. And just when everyone hesitated, 'will it drop to 30,000', it has quietly rebounded to 70,000, a 15% increase.
This is the most absurd humor in trading: people always talk about value when prices are high, but discuss fear when prices are low.
1. The psychological paradox: why is 120,000 an 'opportunity' and 60,000 a 'abyss'?
Behind this mentality lies an extremely distorted cognitive bias:
BTC at $120,000: emotions run high, media is in a frenzy, you think of it as 'digital gold', the bounty of the era. Even if it's astonishingly expensive, you still dare to go all in, even leverage, because you believe it will reach 200,000. At this moment, it is a dream.
This is the most absurd humor in trading: people always talk about value when prices are high, but discuss fear when prices are low.
1. The psychological paradox: why is 120,000 an 'opportunity' and 60,000 a 'abyss'?
Behind this mentality lies an extremely distorted cognitive bias:
BTC at $120,000: emotions run high, media is in a frenzy, you think of it as 'digital gold', the bounty of the era. Even if it's astonishingly expensive, you still dare to go all in, even leverage, because you believe it will reach 200,000. At this moment, it is a dream.
The Spring Festival should be about eating, drinking, having fun, and relaxing
币安中文社区
·
--
🎉 Spring Festival Preparation! #币安 will celebrate the festival with you～
🚀 Follow @币安中文社区 and @新手学堂天使自治社区 , and leave a comment in this comment area to share your Spring Festival plans:
🎁 100 USDT * 10 people
📅 Event Time: February 6 - February 28
Come and interact～
*Winning users will receive a notification from the Square Assistant within 5 working days after the end of the event
🚀 Follow @币安中文社区 and @新手学堂天使自治社区 , and leave a comment in this comment area to share your Spring Festival plans:
🎁 100 USDT * 10 people
📅 Event Time: February 6 - February 28
Come and interact～
*Winning users will receive a notification from the Square Assistant within 5 working days after the end of the event
The same amount of money (assuming 10,000 RMB), buying Bitcoin at the end of 2016 vs. buying gold, the real returns as of now (February 2026) are compared below.
Key data points (priced in RMB)
End of 2016:
Bitcoin: ≈ 6,600–6,900 RMB/BTC
Gold: ≈ 267–276 RMB/gram
February 2026:
Bitcoin: ≈ 530,000 RMB/BTC
Gold: ≈ 1,070–1,090 RMB/gram
Bitcoin: From the end of 2016 to now, the increase is about 78 times (even higher if bought at the low point). Even with the current correction (from the 2025 peak of ≈ 800,000+ RMB down to 530,000), long-term holding still far exceeds gold.
Gold: From 267–270 RMB/gram to the current ≈ 1,080 RMB, an increase of about 3.8–4 times. Steady, but far less than Bitcoin's exponential growth.
Why is Bitcoin's increase of 80–100 times+ more realistic?
1. If a slightly lower point was taken in 2016 (e.g., mid-year ≈ 5,000–6,000 RMB), the return would easily exceed 90–100 times.
2. Bitcoin is extremely volatile: skyrocketing in 2017, halving in 2018, doubling again in 2020–2021, a bear market in 2022, and hitting new highs again in 2024–2025 (over 880,000 RMB), with a correction in 2026 but still at a high level.
3. Gold is more like a 'safe-haven asset': inflation, hedging, but with an annual return of ≈ 8–10% (long-term), while Bitcoin's annualized return far exceeds that (despite being over 10 times riskier).
In summary:
Investing the same amount of money in Bitcoin turns you into a 'tycoon' level in 10 years; investing in gold steadily turns you into 'moderately prosperous'. This is also why many people now say 'don't mention gold, those who do will fall out with you' - Bitcoin, even with corrections, crushes gold's 'faith' 😂
#BTC走势分析
Key data points (priced in RMB)
End of 2016:
Bitcoin: ≈ 6,600–6,900 RMB/BTC
Gold: ≈ 267–276 RMB/gram
February 2026:
Bitcoin: ≈ 530,000 RMB/BTC
Gold: ≈ 1,070–1,090 RMB/gram
Bitcoin: From the end of 2016 to now, the increase is about 78 times (even higher if bought at the low point). Even with the current correction (from the 2025 peak of ≈ 800,000+ RMB down to 530,000), long-term holding still far exceeds gold.
Gold: From 267–270 RMB/gram to the current ≈ 1,080 RMB, an increase of about 3.8–4 times. Steady, but far less than Bitcoin's exponential growth.
Why is Bitcoin's increase of 80–100 times+ more realistic?
1. If a slightly lower point was taken in 2016 (e.g., mid-year ≈ 5,000–6,000 RMB), the return would easily exceed 90–100 times.
2. Bitcoin is extremely volatile: skyrocketing in 2017, halving in 2018, doubling again in 2020–2021, a bear market in 2022, and hitting new highs again in 2024–2025 (over 880,000 RMB), with a correction in 2026 but still at a high level.
3. Gold is more like a 'safe-haven asset': inflation, hedging, but with an annual return of ≈ 8–10% (long-term), while Bitcoin's annualized return far exceeds that (despite being over 10 times riskier).
In summary:
Investing the same amount of money in Bitcoin turns you into a 'tycoon' level in 10 years; investing in gold steadily turns you into 'moderately prosperous'. This is also why many people now say 'don't mention gold, those who do will fall out with you' - Bitcoin, even with corrections, crushes gold's 'faith' 😂
#BTC走势分析
Will Bitcoin repeat the mistakes of 2020, or will it crash again?
I struggle with this every day. Now in February 2026, Bitcoin has retraced over 40% from its 2025 peak of about $126,000, currently hovering in the range of $75,000-$79,000 (latest around $78k). Many people are panicking and shouting, "The cycle is dead," and "It will repeat the great bear of 2022." My concise judgment: it will not completely repeat the pattern of 2020-2022, but there is a high probability of a severe structural adjustment in 2026, possibly even a further decline in phases.
Why is a complete collapse unlikely?
The players have changed: spot ETFs and institutional long money are leading, with leverage far lower than in 2021-2022, and systemic liquidation risk is low.
Macroeconomic conditions are friendly: During the interest rate cut cycle, Trump 2.0's friendly stance towards crypto remains, and Bitcoin has partially become an "institutional asset."
Bottoms are elevated: Unlike past cycles that dropped to $30,000-$40,000, this time it is difficult for the worst to go below $50,000-$60,000.
But why will there still be adjustments?
The good news from 2025 has mostly played out, and the marginal narrative is weak.
The year following the halving (2026) has historically often been a peak/volatile year.
Currently, it has retraced over 40%+, and technicals + sentiment are brewing for significant volatility.
Personal expectations (not advice):
Most likely: 2026 will see a downward fluctuation, with a low point of $65,000-$85,000 by the end of the year, followed by consolidation.
Optimistic: A new high of $130,000-$170,000 in the first half of the year, followed by a retracement.
Pessimistic: Macroeconomic conditions turn hawkish, dropping to $50,000-$60,000, but it will not be a hellish collapse.
Mindset: Not all in/all out; dollar-cost averaging on dips, looking long-term towards the 2028 halving.
Are you bottom-fishing or waiting on the sidelines?
(Purely personal opinion, crypto is high risk, DYOR.) #BTC
I struggle with this every day. Now in February 2026, Bitcoin has retraced over 40% from its 2025 peak of about $126,000, currently hovering in the range of $75,000-$79,000 (latest around $78k). Many people are panicking and shouting, "The cycle is dead," and "It will repeat the great bear of 2022." My concise judgment: it will not completely repeat the pattern of 2020-2022, but there is a high probability of a severe structural adjustment in 2026, possibly even a further decline in phases.
Why is a complete collapse unlikely?
The players have changed: spot ETFs and institutional long money are leading, with leverage far lower than in 2021-2022, and systemic liquidation risk is low.
Macroeconomic conditions are friendly: During the interest rate cut cycle, Trump 2.0's friendly stance towards crypto remains, and Bitcoin has partially become an "institutional asset."
Bottoms are elevated: Unlike past cycles that dropped to $30,000-$40,000, this time it is difficult for the worst to go below $50,000-$60,000.
But why will there still be adjustments?
The good news from 2025 has mostly played out, and the marginal narrative is weak.
The year following the halving (2026) has historically often been a peak/volatile year.
Currently, it has retraced over 40%+, and technicals + sentiment are brewing for significant volatility.
Personal expectations (not advice):
Most likely: 2026 will see a downward fluctuation, with a low point of $65,000-$85,000 by the end of the year, followed by consolidation.
Optimistic: A new high of $130,000-$170,000 in the first half of the year, followed by a retracement.
Pessimistic: Macroeconomic conditions turn hawkish, dropping to $50,000-$60,000, but it will not be a hellish collapse.
Mindset: Not all in/all out; dollar-cost averaging on dips, looking long-term towards the 2028 halving.
Are you bottom-fishing or waiting on the sidelines?
(Purely personal opinion, crypto is high risk, DYOR.) #BTC
Just now! Binance announced that the SAFU user protection fund (approximately $1 billion stablecoin) will be fully converted to BTC within 30 days.
The first batch of approximately $100 million in BTC has been transferred to the fund address, with an additional $900 million to be gradually purchased.
If the BTC price fluctuation causes the fund value to fall below $800 million, Binance promises to cover the difference from its own funds back to $1 billion.
This is not only to protect users but also to publicly support the long-term value of $BTC!
#BTC何时反弹？
The first batch of approximately $100 million in BTC has been transferred to the fund address, with an additional $900 million to be gradually purchased.
If the BTC price fluctuation causes the fund value to fall below $800 million, Binance promises to cover the difference from its own funds back to $1 billion.
This is not only to protect users but also to publicly support the long-term value of $BTC!
#BTC何时反弹？
As the price of Bitcoin hovers around $75,000, Michael Saylor's strategy faces $900 million in unrealized losses.
The price of Bitcoin recently fell below the $75,000 mark, leading to unrealized losses for Michael Saylor's Bitcoin asset management company, Strategy. The company holds over 712,000 Bitcoins, and as the price of Bitcoin continues to decline, its unrealized losses have exceeded $900 million.
Bitcoin tests the $75,000 mark, strategy falls into unrealized losses.
According to an X post shared by the on-chain analytics platform Lookonchain, the Bitcoin held by Michael Saylor's Strategy company (formerly MicroStrategy) is facing significant unrealized losses. With Bitcoin prices hovering around the $75,000 low, the company's unrealized losses exceed $900 million.
Bitcoin tests the $75,000 mark, strategy falls into unrealized losses.
According to an X post shared by the on-chain analytics platform Lookonchain, the Bitcoin held by Michael Saylor's Strategy company (formerly MicroStrategy) is facing significant unrealized losses. With Bitcoin prices hovering around the $75,000 low, the company's unrealized losses exceed $900 million.
Hong Kong stablecoin licenses are expected to be issued in March 2026
The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, announced the implementation of the Hong Kong Stablecoin Regulations, stating that as of August 1, 2025, 36 institutions have applied for licenses.
This regulatory measure highlights Hong Kong's commitment to fostering a stable cryptocurrency market, which may influence global stablecoin standards and encourage stakeholders in the industry to maintain a cautiously optimistic attitude.
36 institutions are competing for the Hong Kong Monetary Authority's stablecoin licenses
The Hong Kong (Stablecoin Regulations) will come into effect on August 1, 2025, paving the way for the Hong Kong Monetary Authority (HKMA) to handle stablecoin license applications. According to HKMA Chief Executive Eddie Yue, 36 institutions have submitted applications, which are currently under review.
This regulatory measure highlights Hong Kong's commitment to fostering a stable cryptocurrency market, which may influence global stablecoin standards and encourage stakeholders in the industry to maintain a cautiously optimistic attitude.
36 institutions are competing for the Hong Kong Monetary Authority's stablecoin licenses
The Hong Kong (Stablecoin Regulations) will come into effect on August 1, 2025, paving the way for the Hong Kong Monetary Authority (HKMA) to handle stablecoin license applications. According to HKMA Chief Executive Eddie Yue, 36 institutions have submitted applications, which are currently under review.
India retains a 30% cryptocurrency tax and introduces new penalties.
According to CoinDesk via PANews, India's federal budget for 2026-27 retains a 30% tax on cryptocurrency gains and introduces compliance penalties, which will take effect in April 2026.
The unchanged tax framework and new penalties may stifle the growth of the cryptocurrency industry, raising concerns among industry insiders about compliance costs and market friction.
India maintains a 30% cryptocurrency tax, causing discontent in the industry.
In the latest budget for the fiscal year 2026-27, India maintained a 30% tax rate on cryptocurrency gains and added a 1% Tax Deducted at Source (TDS). Despite market expectations for tax relief, the government introduced new penalties. According to the updated framework effective from April 1, 2026, entities that fail to report cryptocurrency transactions in accordance with Section 509 of the Income Tax Act will face daily fines. This is part of India's broader strategy to enhance compliance in the rapidly evolving digital asset market.
The unchanged tax framework and new penalties may stifle the growth of the cryptocurrency industry, raising concerns among industry insiders about compliance costs and market friction.
India maintains a 30% cryptocurrency tax, causing discontent in the industry.
In the latest budget for the fiscal year 2026-27, India maintained a 30% tax rate on cryptocurrency gains and added a 1% Tax Deducted at Source (TDS). Despite market expectations for tax relief, the government introduced new penalties. According to the updated framework effective from April 1, 2026, entities that fail to report cryptocurrency transactions in accordance with Section 509 of the Income Tax Act will face daily fines. This is part of India's broader strategy to enhance compliance in the rapidly evolving digital asset market.
CZ (@CZ ): I believe that Bitcoin is far better than gold, but it is still too young and needs more time to become popular.
Bitcoin has many advantages that gold does not have: it is divisible, easy to carry, can be transferred globally in real-time, has a fixed supply, and is verifiable... but the reality is that gold has existed for thousands of years, and countless people around the world have known, held, and traded it since they were young.
Currently, the market value of gold is approximately 10 times that of Bitcoin; this is not just a numerical difference, but also a difference in recognition and acceptance by a factor of 10.
In many places and for many people, gold is still the 'default safe asset', while Bitcoin is still seen as a 'new thing' for them.
This is normal. New things always take time to build trust, accumulate users, and penetrate daily life.
Bitcoin is only a teenager, while gold has been around for thousands of years—give it time, and it will catch up.
Bitcoin has many advantages that gold does not have: it is divisible, easy to carry, can be transferred globally in real-time, has a fixed supply, and is verifiable... but the reality is that gold has existed for thousands of years, and countless people around the world have known, held, and traded it since they were young.
Currently, the market value of gold is approximately 10 times that of Bitcoin; this is not just a numerical difference, but also a difference in recognition and acceptance by a factor of 10.
In many places and for many people, gold is still the 'default safe asset', while Bitcoin is still seen as a 'new thing' for them.
This is normal. New things always take time to build trust, accumulate users, and penetrate daily life.
Bitcoin is only a teenager, while gold has been around for thousands of years—give it time, and it will catch up.
CZ
·
--
[Replay] 🎙️ Jan 2026 English AMA. One question per person. One hour cap.
59 m 29 s · 120.6k listens
The local time is 11 PM
(January 30) In the evening, CZ @CZ will hold an English live AMA at Binance Square.
If your English level is average like mine, don't worry!
You can set up Chinese subtitles like this to easily understand every word the brother says:
1️⃣ After entering the brother's live room, click on the “...” in the toolbar at the bottom of the screen.
2️⃣ Find and open the “Subtitles” function in the pop-up menu.
3️⃣ After enabling subtitles, select the translation language as “Simplified Chinese”.
This way, the English spoken by CZ will be translated into Chinese in real-time, displayed at the bottom of the screen, super convenient!
If your English level is average like mine, don't worry!
You can set up Chinese subtitles like this to easily understand every word the brother says:
1️⃣ After entering the brother's live room, click on the “...” in the toolbar at the bottom of the screen.
2️⃣ Find and open the “Subtitles” function in the pop-up menu.
3️⃣ After enabling subtitles, select the translation language as “Simplified Chinese”.
This way, the English spoken by CZ will be translated into Chinese in real-time, displayed at the bottom of the screen, super convenient!
(January 30) In the evening, CZ @CZ will hold an English live AMA at Binance Square.
If your English level is average like mine, don't worry!
You can set up Chinese subtitles like this to easily understand every word the brother says:
1️⃣ After entering the brother's live room, click on the “...” in the toolbar at the bottom of the screen.
2️⃣ Find and open the “Subtitles” function in the pop-up menu.
3️⃣ After enabling subtitles, select the translation language as “Simplified Chinese”.
This way, the English spoken by CZ will be translated into Chinese in real-time, displayed at the bottom of the screen, super convenient!
If your English level is average like mine, don't worry!
You can set up Chinese subtitles like this to easily understand every word the brother says:
1️⃣ After entering the brother's live room, click on the “...” in the toolbar at the bottom of the screen.
2️⃣ Find and open the “Subtitles” function in the pop-up menu.
3️⃣ After enabling subtitles, select the translation language as “Simplified Chinese”.
This way, the English spoken by CZ will be translated into Chinese in real-time, displayed at the bottom of the screen, super convenient!
CZ
·
--
Will hold another Binance Square livestream AMA in English tomorrow at 8pm-ish GMT+4 (Dubai time).
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
Immediately have currency, own BNB in the Year of the Horse.
Horse → Year of the Horse
Up → Immediately
Have → Own
Currency → BNB
Horse → Year of the Horse
Up → Immediately
Have → Own
Currency → BNB
币安Binance华语
·
--
👀Family, I was criticized by the boss for forgetting to change my avatar.
⬇️ I'm online waiting for kind-hearted people to help design a Binance Chinese Square avatar. You can participate by posting your design works in the comments!
Paru will offer 3 Binance peripheral rewards to three excellent ideas🙇
⬇️ I'm online waiting for kind-hearted people to help design a Binance Chinese Square avatar. You can participate by posting your design works in the comments!
Paru will offer 3 Binance peripheral rewards to three excellent ideas🙇
Immediately have BNB in the Year of the Horse.
Horse → Year of the Horse
Up → Immediately
Have → Own
Coin → BNB
Horse → Year of the Horse
Up → Immediately
Have → Own
Coin → BNB
In 2025, BNB Chain conducted four quarterly burnings (the 30th to the 33rd)
The total amount burned for the year was approximately 6,250,290 BNB, with a total value of about $4.3 billion. This is equivalent to an average daily burning value of approximately $11.8 million.
30th Burn (January 2025)
Burned: 1,634,200.95 BNB
Value: Approximately $1.16 billion
BNB Price ≈ $710
31st Burn (April 2025)
Burned: 1,579,207.72 BNB
Value: Approximately $916 million
BNB Price ≈ $580
32nd Burn (July 2025)
Burned: 1,595,599.78 BNB
Value: Approximately $1.024 billion
BNB Price ≈ $642
33rd Burn (October 2025)
Burned: 1,441,281.413 BNB
Value: Approximately $1.208 billion
BNB Price ≈ $838
$BNB Approximately 65.638 million BNB has been permanently removed from the original supply of 200 million) among which the 34th (January 15, 2026) burned 1,371,803.77 BNB (valued at approximately $1.277 billion, when BNB was priced around $930)
BNB is not supported by speculation, but by real mechanisms + real usage that sustain its value. Daily burns of over $10 million (equivalent to an amount that many projects would never burn in a lifetime)
The total amount burned for the year was approximately 6,250,290 BNB, with a total value of about $4.3 billion. This is equivalent to an average daily burning value of approximately $11.8 million.
30th Burn (January 2025)
Burned: 1,634,200.95 BNB
Value: Approximately $1.16 billion
BNB Price ≈ $710
31st Burn (April 2025)
Burned: 1,579,207.72 BNB
Value: Approximately $916 million
BNB Price ≈ $580
32nd Burn (July 2025)
Burned: 1,595,599.78 BNB
Value: Approximately $1.024 billion
BNB Price ≈ $642
33rd Burn (October 2025)
Burned: 1,441,281.413 BNB
Value: Approximately $1.208 billion
BNB Price ≈ $838
$BNB Approximately 65.638 million BNB has been permanently removed from the original supply of 200 million) among which the 34th (January 15, 2026) burned 1,371,803.77 BNB (valued at approximately $1.277 billion, when BNB was priced around $930)
BNB is not supported by speculation, but by real mechanisms + real usage that sustain its value. Daily burns of over $10 million (equivalent to an amount that many projects would never burn in a lifetime)
Haha, this meme is quite interesting!
CZ reversed is ZC, and in the crypto community (especially the Chinese-speaking one), ZC is sometimes jokingly referred to as the abbreviation for 'President'.
The underlying implication of this meme is:
CZ (Changpeng Zhao, @CZ ) was once the real, actual President (CEO) of Binance, ruling the crypto world like a king.
Later, he stepped down and went to jail. After being released, although he's still the super major shareholder, he's no longer the CEO in name.
So now, 'reversing' it becomes ZC → still acting as 'President', but with quotation marks, or said as 'nominal/past/forever president'—a playful and teasing tone.
Many people on Twitter use this way to sarcastically reminisce or tease about the 'eternal status' of the big brother.
CZ reversed is ZC, ZC = President, meaning: no matter whether you step down or serve time, in our hearts, you'll always be that president 😏
CZ reversed is ZC, and in the crypto community (especially the Chinese-speaking one), ZC is sometimes jokingly referred to as the abbreviation for 'President'.
The underlying implication of this meme is:
CZ (Changpeng Zhao, @CZ ) was once the real, actual President (CEO) of Binance, ruling the crypto world like a king.
Later, he stepped down and went to jail. After being released, although he's still the super major shareholder, he's no longer the CEO in name.
So now, 'reversing' it becomes ZC → still acting as 'President', but with quotation marks, or said as 'nominal/past/forever president'—a playful and teasing tone.
Many people on Twitter use this way to sarcastically reminisce or tease about the 'eternal status' of the big brother.
CZ reversed is ZC, ZC = President, meaning: no matter whether you step down or serve time, in our hearts, you'll always be that president 😏
#我踏马来了 , the result showed that #老子 had already ridden #黑马 and welded #人生K线 into a straight board
$我踏马来了 , Sister One's New Year's Day post riding a white horse directly triggered a boom, Alpha launched lightning-fast
$老子 , violent grassroots dad-style, surged over 10M in one day
$黑马 , just teamed up with me today for a double Alpha kill, the outcome isn't settled yet, we're both dark horses
$Life K-line, mysticism + fighting fate + CCTV report buff
$我踏马来了 , Sister One's New Year's Day post riding a white horse directly triggered a boom, Alpha launched lightning-fast
$老子 , violent grassroots dad-style, surged over 10M in one day
$黑马 , just teamed up with me today for a double Alpha kill, the outcome isn't settled yet, we're both dark horses
$Life K-line, mysticism + fighting fate + CCTV report buff
In his early years, CZ appeared youthful and slightly nervous in front of the camera, sharing his aspirations for cryptocurrency.
Now, every time he appears at a conference or live stream, he is calm, confident, and at ease.
From an unknown entrepreneur to a recognized cryptocurrency titan today—
this is a legend written with perseverance and growth.
$BNB
Now, every time he appears at a conference or live stream, he is calm, confident, and at ease.
From an unknown entrepreneur to a recognized cryptocurrency titan today—
this is a legend written with perseverance and growth.
$BNB
Login to explore more contents