目前看算是走对了一小步，但离真正的良性循环还有很多工作要做。蝴蝶会继续建设。

我感觉未来不会有纯meme能达到doge，shib这种高度了？在币圈。
Meme这个玩法在这一轮被大家彻底玩烂了。
现在基本上火的meme，大家最后发现都是一波流，就是热点不断升温，不断有影响力的人call，达到一个高点就是直接跳水了，压根没有社区。社区也不会相信这个故事，而且现在都看资本。

红神

Twitter

So far, it seems like we've taken a small but correct step, but there's still a lot of work to be done before a truly virtuous cycle can be achieved. Butterfly will continue to build.

Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

Written by: Mahe, Foresight News
Solana, one of the most successful public blockchains, is also facing a winter.
Since the market crash on February 5th, Solana's token SOL once fell to $67, a new low since December 2023. As of now, SOL is currently priced at $80, a 24-hour drop of 3.57%. Looking at the monthly chart, SOL has been declining for five consecutive months since its October 2025 high, with a maximum drop exceeding 71%. The most well-known aspect of this ecosystem...

Meme wanes, narratives cool: Solana's cyclical boom ends as it falls below $80.

Coinbase, a leading cryptocurrency exchange in the US, has just announced its Q4 2025 earnings results, showing significant changes amidst a sharp decline in the crypto market at the end of the year. The developments...