On-chain warm-up, each track will be invested tens of thousands of dollars. The previous position I established, $bas, is in the BN (BSC) ecosystem. It's currently listed on the PERP, with a maximum return of 3x, and currently more than 2x. Over the past two days, I've been building a position in the WLFI (USD1) ecosystem, choosing $block. The entry price is roughly between $140 million and $150 million in FDV. Reasons: 1️⃣ It's one of the most important projects in the WLFI ecosystem, similar to $doro (WLFI's CTO), which was listed on BN yesterday. $block was created by WLFI's CIO and is involved in ecosystem incubation. 2️⃣ Currently, the $130 million area seems like the second support level, so I'm betting on the subsequent popularity of the entire ecosystem and its listing on an exchange.

My assessment of the on-chain market is roughly as follows: 1. Liquidity will likely continue to improve over the next three to six months. 2. I can't predict who the specific leader will be; it might not have emerged yet. So, I'm currently investing in each of the several sectors I'm optimistic about: BN; WLFI; Solana Meme (AI). The only thing I haven't made up my mind about is Taiwan Coin. I have no idea what to do with it, so I'm probably not going to invest in it.