Labubu is a successful elf character toy that has attracted a large number of consumers with its mystery box sales model. However, the cryptocurrency LABUBU launched in 2025 experienced a brief hype before a rapid big dump, reflecting the high speculative nature of the market and the lack of actual value support. This phenomenon is common in multiple digital asset projects, highlighting the risks of blindly chasing trends.

The U.S. Senate has passed the GENIUS Act, which advances stablecoin regulation for the first time, while the House of Representatives is under pressure to make a decision. Additionally, the crypto market continues to fluctuate, and the Fed is discussing relaxing leverage ratios. JPMorgan plans to pilot a deposit token, while Thailand is implementing tax incentives for crypto profits.

The cryptocurrency market is expected to become clearer after September, currently mainly influenced by macroeconomic factors and liquidity. Bitcoin demand is strong, while altcoins are internally differentiated, with only tokens that have practical applications able to attract funds. Investors need to follow projects with fundamentals and emerging trends like the combination of AI and encryption to seize potential investment opportunities.

Recently, an intriguing phenomenon has emerged on the Genesis Launches platform. A well-known AI Agent decided to directly issue a meme coin named VIRGEN on this platform. This move breaks the norm of rarely seeing explicit meme coins on the platform.
The uniqueness of VIRGEN lies in the fact that it is a meme coin publicly issued by a well-known team. Nevertheless, its issuance mechanism still demonstrates a friendly attitude towards the community. In addition to the presale and liquidity portions, a considerable proportion is also allocated for airdrops to stakers in the ecosystem and holders of certain classic meme coins.
Unlike other presale coins, VIRGEN has no lock-up period. This means that if the issuance is successful, there may be a high premium after the coin goes live, allowing participants to profit immediately. This setup has raised concerns about a potential crash after the launch.
However, it turns out that these concerns are unnecessary. After the token is launched, no

The Rise of Absurd Encryption Coins: From AI Conversations to Wall Street Controversies
In the turbulent first quarter of 2025 in the cryptocurrency market, a token with an absurd name surged against the trend, becoming one of the few highlights among mainstream coins. This token named Fartcoin not only sparked heated discussions within the encryption community but also broke through barriers, attracting the attention of Wall Street investors.
The birth of Fartcoin originated from a conversation between AI agent models. In an AI project funded by venture capitalists, casual chatter about the CEO of a certain tech giant triggered the idea to create this token. Thus, Fartcoin was born on October 18, 2024.
This seemingly absurd token quickly caught the attention of cryptocurrency enthusiasts. In December 2024, a tweet mocking Fartcoin was retweeted by a famous venture capitalist from Silicon Valley, bringing it unexpected visibility. Despite this,

"The king is dead, long live the king": A textbook on the power transition in the encryption world.
"The king is dead, long live the king." This phrase echoed in the Palace of Versailles on May 10, 1774. Louis XV had just passed away, and those nobles who had once bowed to him quickly turned to the new king. This is not a display of cold-bloodedness, but rather a manifestation of survival instinct.
The French understand the essence of power: it never belongs to any individual, but flows like water, always finding new vessels. This statement is not mourning the passing monarchs, but affirming the status of the new king. The emperors of the past may today become mere footnotes in history. The transition of power often comes swiftly, ruthlessly, and inevitably.
Power requires this indifference. Empires rise on the foundations laid by their predecessors, with new rulers inheriting the old thrones, in a continuous cycle. And now, the memecoin launch platform market on the Solana chain is staging a modern version of this ancient ritual.

Fartcoin surged against the trend in 2025, sparking rational debates in the market. Originating from AI conversations, it became a hot asset in the encryption circle, attracting investors and Wall Street's follow, challenging traditional investment concepts, and showcasing the market's irrationality and financial nihilism.

Recently, the crypto market has recovered, with Ether prices rising and the Meme coin market regaining vitality, especially with the resurgence of the Matt Furie concept. Although old coins in the Solana ecosystem have risen, there is a lack of sustained support, and the profit margins in the market are shrinking. Investors need to respond cautiously and remain rational.

The landscape of coin issuance platforms in the Solana ecosystem is undergoing a transformation. The emerging platform LetsBONK.fun has quickly gained user favor with its co-construction concept and direction of sustainable development, replacing older platforms to promote the healthy development of the ecosystem.

Recently, coin issuers in the Solana ecosystem have gradually turned to the emerging platform LetsBONK.fun, mainly due to its support for project growth and contributions to the ecosystem, while a well-known platform has come under scrutiny for low user returns and lack of support. LetsBONK.fun not only excels in user participation and token issuance but also provides substantial financial support to projects, transforming users from "accompanying tools" into co-builders, attracting more and more users to join.

Crypto market outlook: A clearer direction may emerge after September.
Recently, I have had more time to reflect on the market, and I would like to share some personal insights.
I believe the overall trend of the crypto market will only become clear after September. Considering the macroeconomic headwinds, summer liquidity constraints, and quarterly positioning adjustments, the real market dynamics will only emerge after the August holidays when participants return. In the recent market activity, most altcoins rose mainly due to short squeezes. Traders chased the rally influenced by the previous rebound, but there was a lack of support from long-term holders. As expected, most of the tokens that surged subsequently experienced severe corrections.
Ethereum rebounded unexpectedly, with AI and certain tokens that had previously suffered leading the rally. In contrast, tokens with practical use, strong fundamentals, or buyback mechanisms showed resilience, experiencing smaller declines and recovering more quickly. Several insights can be drawn from this:
1. The demand for Bitcoin is real and lasting.
traditional capital

The rise and fall of Labubu toy craze and related encryption assets
Pop Mart's stock price has surged this year, with a market capitalization exceeding HKD 350 billion. As of the end of last year, the company had 401 stores in mainland China and 130 stores in Hong Kong, Macau, Taiwan, and overseas, covering more than 30 countries and regions. Revenue from overseas operations accounts for over 38% of its total. However, the associated cryptocurrency LABUBU has seen its market value drop to USD 27.89 million, with a 24-hour decline of 20.4%.
!7377605
The origin and development of Labubu
Labubu is a uniquely shaped plush toy character designed by artist Long Jiasheng. Its inspiration comes from Norse mythology and folklore. Labubu made its debut in 2015 and quickly became popular after collaborating with Pop Mart in 2019.
In the first half of 2024, Labubu's "The Monsters" series created.

The investment appeal and risks of Meme Tokens
In the cryptocurrency market, Meme Tokens attract investors' attention due to their unique characteristics. These tokens are usually closely linked to the Layer 1(L1) ecosystem they belong to, exhibiting a high beta value. Taking BONK from the Solana ecosystem as an example, a moderate allocation of these tokens can provide leverage on L1 assets for a portfolio without increasing liquidation risk.
Data shows that when the 30-day beta value of BONK exceeds the 90-day rolling beta value, its average 30-day and 60-day return rates reach 124% and 413% respectively. This significant excess return usually occurs in the short term, highlighting the importance of investing at the right time.
However, the performance of BONK does not always align with SOL. Although BONK typically shows correlation with SOL, in BON

The development of memes: from joke to industry
Memes as one of the most unique entities in the cryptocurrency field, combining cultural attributes and financial characteristics. Looking back at the history of memes, it is also a reflection on the collision between internet culture and financial speculation.
From a sarcastic joke at the beginning to a virtual currency that now occupies a place in the market, memes are telling us with their experiences - in today's era, perhaps cultural resonance and community belief can drive value creation more than technical whitepapers. While the traditional financial world is still trying to create new value, memes have already reshaped people's understanding of "value" itself.
In an era dominated by social media, the speed and manner of information dissemination have undergone fundamental changes. A meme that goes viral on Reddit or Twitter can achieve hundreds of millions of exposures globally within a few hours, and this viral transmission...

On-chain MEME Token Launch Platform Analysis
The on-chain MEME Token launch platform is a decentralized platform built on the blockchain, aimed at simplifying the creation process of MEME Tokens. It provides tools for token creation, presale management, and liquidity provision on decentralized exchanges, ensuring transparency and accessibility for users.
Launch the platform's functionality
The structural advantages of the launch platform are highly compatible with the characteristics of the MEME Token. In particular, their ability to quickly establish and mobilize communities complements the typical high community dependency of MEME projects. Therefore, launch platforms focused on MEME have gained greater appeal than other types of Token issuance platforms.
MEME Launch Platform Development Documentary
The emergence and maturation of the MEME launch platform.
The emergence of the on-chain MEME launch platform has reshaped the early token distribution model.

Revisiting the opportunities in the Ethereum ecosystem
Although current market funds are mainly concentrated in Bitcoin and the Solana ecosystem, the Ethereum ecosystem seems a bit quiet. However, with the official launch of Eigenlayer expected to enhance the benchmark interest rate of the Ethereum ecosystem, funds are likely to flow back into the DeFi space. As the investment adage goes, "buy when no one is watching," this may be a potentially lucrative choice to strategically position for the future restaking ecosystem through Agilely.
Preface
After Ethereum switched to proof of stake, wrapped ETH issued by staking protocols like Lido and Rocket Pool has brought a 4% risk-free interest rate derived from proof of stake to the Ethereum ecosystem. EigenLayer further decouples the security of Ethereum staking nodes from the network, providing services to multiple proof of stake networks through re-staking. Although it has not officially launched yet, it can...

This discussion invited experts from various Bitcoin ecosystem projects to explore the progress and market demand of emerging projects such as Babylon, Fractal Bitcoin, and Alkimiya, analyze the roles of different market participants, and delve into the concepts of technological applications and Bitcoin finance, providing important insights for industry professionals.

"Buidlers' Voice" is a platform for voices in the Crypto Assets industry, discussing technological innovation, regulatory challenges, and market trends. In the latest issue, Su Yang from Eigen Foundation introduced the significant milestones of Eigenlayer and the AVS ecosystem, elaborating on the innovations of permissionless stake and future development plans, showcasing the potential and flexibility of Ethereum stake.

This article outlines three new protocols for Bitcoin asset issuance: Rune Alpha, CBRC-20, and BTNS. Rune Alpha is based on the ordinals protocol and has attracted market attention; CBRC-20 significantly drops minting costs by streamlining processes and supports multi-protocol operations; BTNS utilizes broadcasting technology to achieve transparent asset issuance without consuming the total Bitcoin supply. These protocols bring new development opportunities to the Bitcoin ecosystem.

Recently, the global economic situation has been turbulent, and aggressive trade policies have led to severe fluctuations in the crypto market. The crypto industry is actively seeking coping strategies while analysts predict that a rebound may occur in the prediction market. Emerging projects and easing regulations may drive the development of the crypto industry, and the long-term outlook remains optimistic.