Source: Talking about Li and Talking about the Outside

One of the hot topics these days is probably Ghibli. The rough cause is that a couple of days ago (March 25), ChatGPT announced a new 4o mapping feature

The article "Talking about Li and Talking about the Outside" discusses several hot topics in the crypto space, including the surging popularity of Ghibli, the high-frequency listing activities by Binance, and the core influencing factors of token prices.

One of the trending topics recently is Ghibli. A couple of days ago, ChatGPT announced a new feature—image-to-image function in the GPT-4 chat window. You can upload an image and input simple instructions (like asking to turn this image into Ghibli cartoon style), and then GPT can generate a new image based on the original image and the instructions.

The Ghibli art style refers to the unique visual style exhibited in animated works created by the famous Japanese animation studio Studio Ghibli. Notable works from Ghibli include "Spirited Away," "My Neighbor Totoro," and so on.

Originally, this was just an update from ChatGPT, but as some big names began sharing their Ghibli-style images on social media, for example, the image shared by Musk on March 27 in X.

Thus, with the push from these big names, the popularity of Ghibli skyrocketed, leading to the emergence of a Ghibli token. As the topic and popularity continued to rise, coupled with some KOLs consistently promoting it, the Ghibli token (on the Solana chain) surged over a hundred times in less than a day. Today (March 28), two types of Ghibli tokens (on the Solana chain and BSC chain) have directly launched on BA (referring to Binance, same below).

Of course, it is not recommended to chase the high now. Friends interested in this can search for more stories about Ghibli on their own; we won't discuss too much about MemeCoin here.

1. Is frequent listing saving oneself or saving the market?

Another thing that has garnered a lot of attention today is that BA has listed a number of MemeCoins at once.

I remember in an earlier article, we expressed a viewpoint: filtering projects that have a chance to be listed on BA is a potential opportunity for better returns.

However, with the changes in this cycle, the previous method of selecting projects seems to have gradually become less applicable, as the listing effect of BA has diminished. Even if you buy a project listed on BA in advance, it does not guarantee you will make money; instead, you might get trapped. Previously, projects listed on BA could bring wealth effects, but now, listings more often mean a harvesting feast for retail investors.

Gradually, the voices questioning BA have increased… BA seems to have become a tumor in the industry and an accomplice in the project parties' harvesting of retail investors.

Perhaps CZ and his team have begun to realize this issue, so in recent times, we have seen BA starting a series of frequent actions, such as creating topics and promotions on the X platform, targeting some market makers (killing the monkey to warn the chicken), activities related to wallets (frequently conducting TGE to give users rewards), integration of Alpha with CEX, and so on.

Currently, BA seems to be engaged in a gamble, attempting to let the market decide the life and death of projects through massive listings (or high-frequency listings), including voting to delist tokens. It appears that some rules of the traditional bull market have changed; the so-called DEX can directly flip the table to become CEX (the Hyperliquid delisting of the JELLY token), while the largest CEX in the universe is trying to use some DEX methods to break through, but the current result is: DEX and CEX are counting cash and smiling at users, saying, "Hey, I've shuffled the deck, let's see who runs the fastest. Are you ready?"

2. What are the core influencing factors of price?

In the previous article (March 26), we mainly thought about market uncertainty and opportunities, and the viewpoints we expressed were generally optimistic. Then a friend commented after reading the article (maybe they didn’t read it) asking: Is the market going to rise? What coins can I buy now?

I don’t know how this friend interpreted the reading to come up with two high-difficulty questions in a row.

Another friend commented: The indicators you posted are good; I’ve also seen the TOTAL2 indicator you shared before. I agree with your statement, and I also think altcoins will continue to rise; the altcoin season is coming.

These comments left me stunned; what did I say?

We always say that the market cannot be accurately predicted; any so-called predictive behavior is merely a guess or a probabilistic conclusion based on certain dimensions. If you only look at the title of an article or just a small segment of the blogger's speculative remarks in a long article and directly draw a 100% certain answer, that itself may be a dangerous signal for investment.

Take the TOTAL2 indicator mentioned by the friend above as an example