Recently, there have been some interesting changes in the crypto world. The Chinese Meme projects on the BSC chain have seen a significant increase in popularity, with projects like Laozi, Yao Meier, Trump, Hei Ma, and Wo Ta Ma Lai frequently appearing. Foreign investors find it quite challenging to understand the cultural significance behind these projects, which also reflects the high level of activity in the Chinese community's Meme creativity.

At the same time, the Zama project has launched its KYC process for the new offering. Interestingly, community feedback shows that participants generally complain that the KYC review results seem to be quite casual, with no clear transparent standards for approval or rejection, leaving many people confused.

In terms of capital flow, Bitcoin spot ETFs have experienced net outflows for four consecutive trading days, and Ethereum spot ETFs have also seen outflows for three consecutive days. This may indicate that institutional allocations in these two leading assets are adjusting recently, and it is worth monitoring the subsequent trend.