Here is the English translation of the text, with the specified translations applied: Today, another 'large MC memecoin' has emerged on the chain, with both surging to a market cap of 70 million USD. First, the X account of the late "antivirus software pioneer" John McAfee suddenly "revived", with a tweet promoting the Ainti token shaking the market. Widow Janice claimed this is a product to "carry on her late husband's ideals", and the token's market cap soared to 70 million USD in four hours. Almost at the same time, Rus Yusupov, the founder of the long-dormant short video pioneer Vine, launched a VINECOIN. Musk's ambiguous statement of "considering restarting Vine" caused the token's market cap to surpass 200 million USD within seven hours of its launch. These two frenzies seem unrelated, but they share the same underlying logic: using the names of the deceased and nostalgic sentiments to feed the speculative hunger of the crypto market. But the key to unlocking Pandora's box may lie in the power vortex in Washington. I. McAfee's "Cybernetic Resurrection" John McAfee's legacy is experiencing an absurd "digital reincarnation". Widow Janice Elizabeth McAfee used her late husband's X account to promote the Ainti token, whose market cap surged to 28.7 million USD in three hours, claiming to "carry on McAfee's pursuit of freedom and privacy". However, this "memorial event" was soon poked holes in by netizens' microscope. Crypto community user @cometcalls found that Janice's tweet used the American spelling of "honor" (instead of the British "honour"), which was inconsistent with her past tweet habits. This detail sparked speculation: "Either her account was hacked, or there is a team behind the token project controlling it." AI Puppet Show: From "Digital Freedom Fighter" to Code Puppet The absurdity of the project reaches its peak in the account named @AIntivirus. This account claims to be John McAfee's "AI incarnation" and declares that it will "inherit his mission to defend digital freedom", and has released a cyberpunk-style manifesto: "In a world where surveillance states, corporate greed, and digital slavery reign, the AIntivirus token is the ultimate disruptor - a code of resistance wrapped in the glory of cryptography." The account even provides a "conversation with John" feature, claiming to have replicated McAfee's thought patterns through AI. But on-chain data shows that this "AI incarnation" relies only on a pre-set response library, and its smart contract address (CA: BaezfVmia8UYLt4rst6PCU4dVL2s2qHzqn4wGhyrpKJW) does not show any on-chain records of interaction with an AI model. Disconnect Between Ideals and Reality Although Janice wore McAfee's signature cowboy hat in the live stream, played his past speeches, and claimed "Ainti is the spark he left to the world", on-chain data reveals another side: - Concentration of Holdings: The top 10 Ainti token addresses control 19.1% of the supply, and the developer wallet privileges have not been relinquished (according to the security audit report); - Hollowness of Technology: The GitHub code repository has only updated 3 test files, and the so-called "AI replication" is just static text responses; - Monopolization of Power: The audit shows that the token deployer address "RUSE4J" retains the power to freeze transactions, contradicting the "decentralization" promise. Facing the questioning, Janice responded with a poetic tweet: "For 17 years, the media has distorted John's true image, and now I will use his legacy to tell the truth." But the comment by @_TamekaM may be closer to reality: "In the crypto jungle, emotions can't fill the wallet, only facts can save lives." II. Vine's "Cybernetic Mummy": A Blockchain Frenzy of Nostalgic Economics Eight years ago, when the short video pioneer Vine quietly shut down its servers, no one could have imagined that the platform that once conquered the world with its 6-second looping videos would "revive" in 2025 - this time, its carrier is not short videos, but a token symbol on the blockchain. From "6-Second Legend" to "Blockchain Ghost" In 2012, Vine burst onto the scene with its revolutionary short video concept and was later acquired by Twitter, becoming a cultural phenomenon. But the content creators' monetization dilemma and the weakness of algorithm recommendations ultimately led to its demise in 2017. Today, eight years later, when Musk casually threw out a "considering restarting Vine" on the X platform (formerly Twitter), the founder Rus Yusupov immediately seized this traffic straw. On January 23, 2025, Rus announced the launch of VINECOIN on the X platform, accompanied by a selfie video: "The account has not been hacked, this is Vine's rebirth." The token went live just 3 hours ago, and its market cap has already surpassed $420 million, with trading volume soaring to $180 million. As of the time of writing, the VINECOIN market cap has exceeded $200 million. Disconnect Between Promises and Reality Rus's promises are full of romantic colors: "The developer tokens will be locked until April 20th, and will remain locked until Vine truly returns." But the on-chain data reveals another layer of reality: - The smart contract shows that the project team reserves the right to dynamically adjust the transaction fee from 3% to 15%, which is in stark contrast to the "decentralized revival" slogan; - The whitepaper does not mention anything about rebuilding the Vine ecosystem, and the token is currently just a Memecoin, with no connection to short video content; - Although Musk claimed to "consider restarting" it, the X platform has not released any technical plans so far, and there is no trace of the video storage server. The essence of this "resurrection" is aptly described by the crypto analyst Nomos Labs: "VINECOIN is not rebuilding Vine, but casting its tombstone into an NFT - investors are auctioning a digital memory, not a real product." Risks of Nostalgic Economics This experiment exposes the deep-seated problems in the crypto market: 1. Hollowness of Technology: Tokens have become financial derivatives of traffic and nostalgia, rather than carriers of technological innovation; 2. Regulatory Vacuum: Project teams retain control through smart contracts, yet evade responsibility under the guise of "decentralization"; 3. Abuse of Collective Memory: Vine's legacy is fragmented into tradable digital pieces, while true creativity remains in limbo. Perhaps as an anonymous developer commented on GitHub: "We are not reviving Vine, but hosting a luxurious funeral for it on the blockchain - the price of admission: $42 million." As for the future of VINECOIN, the biggest suspense is whether Musk's "consideration" will forever remain in the tweet. III. The "White House Certified" Token Frenzy Why do the narratives of VINECOIN and Ainti make everyone so FOMO? Perhaps the answer lies in the power corridors of Washington two days ago. On January 21st, Trump gave an interview with Fox Business, facing the reporter's question about the "$TRUMP coin family" cashing out over $20 billion, he first raised an eyebrow and smiled: "I know little about crypto assets, this is just a small attempt by the team." He then gestured to the aides behind him: "Look at these excellent partners, their companies are worth much more than mine." This response can be considered a masterpiece of political rhetoric:

• Responsibility Segmentation: Attributing token operations to "team behavior" to avoid direct association between the President's identity and financial interests;
• Moral Substitution: Using the grand narrative of "America needs to lead blockchain innovation" to cover up the fact of the family wallet's sell-off;
• Regulatory Evasion: Completing token issuance before taking office to avoid the constraints of the "Presidential Asset Disclosure Act" on serving officials.

The Wall Street Journal's editorial sharply pointed out: "Trump is converting political capital into cryptocurrency, which is more covert and dangerous than traditional political donations." Former SEC Chairman Jay Clayton warned: "The President's issuance of coins has set a dangerous precedent - it allows the nation's credit to be turned into a private wealth-gathering tool."

This wave of coin issuance is clearly tainted with the "White House certified" tag, and the President's coin frenzy can be brushed off, so why not issue coins?

But will this really be any different this time?

Looking back at last year's coin issuance craze sweeping Europe and the US, its rise and fall trajectory is like the standard template of the crypto market:

Traffic Deification Stage:

British singer Iggy Azalea's $MOTHER token, relying on daily crypto podcasts and fan interactions, saw its market value surge to over $5 billion in three days. Its Discord channel used AI-generated virtual idols to answer questions in real-time, creating the illusion of a "never-sleeping wealth community".

Moment of Trust Collapse:

When the $MOTHER price was halved, the team suddenly activated the "emergency freeze" permission in the smart contract, claiming to "prevent malicious short-selling", but in fact preventing retail investors from selling. On-chain records show that the project team's wallet completed the final 30% of its holdings during the freeze period.

Verification of the Zero-End Finale:

According to Dune Analytics statistics, of the celebrity tokens issued in 2024:

• 87% of projects failed to achieve a single milestone promised in the whitepaper
• The average return rate of developer wallets reached 5400%, and the median loss rate of retail investors was 92%
• 76% of token liquidity pools were drained after the collapse, with gas fees consumed exceeding the value of the tokens themselves

The only "innovation" verified by this experiment was the exponential improvement in harvesting efficiency: Andrew Tate's $DADDY token, through pre-set multi-level distribution commissions, completed the capital transfer in 11 days, which would have taken the traditional financial market years.

Conclusion: The Survival Laws of the New Cycle

Trump's coin issuance behavior has objectively torn open the fragile veil of crypto regulation - when the President's office combines with blockchain anonymity, more "compliant harvesting" models will flood the chain.

Short-term Risk Map:

• Cloning Plague: 23 "President-related coins" have been born after Trump's remarks, with over 90% code similarity
• Regulatory Arbitrage: Project parties use the President's endorsement to locate their servers in Wyoming, where the "Crypto-Friendly Act" has just been passed
• Ecological Toxicity: $TRUMP token trading volume accounts for 70% of the Solana chain, leaving the liquidity of other DeFi protocols nearly depleted

Long-term Paradox:

If Trump's proposed "Bitcoin Strategic Reserve Plan" is implemented, it may create a paradoxical dual reality:

• The government holding Bitcoin as a reserve asset will drive up the value of mainstream coins
• The power group will thereby incorporate the crypto ecosystem into the traditional financial control system

Investors need to be clear-headed: when the White House begins to mint "officially certified" crypto narratives, the true spirit of decentralization may retreat to more marginal protocols. Those tokens that claim to "Make America Great Again" may be dragging the blockchain revolution back to Wall Street's old script.