Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM on March 28, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.84 trillion US dollars, witnessing a decrease of 5.66% compared to yesterday; the total trading volume is 112.55 billion US dollars, marking an increase of 22.2% from the previous day.
According to sosovalue, the price of $BTC is 84,388 USD, a decrease of 3.26% from yesterday. The market cap of $BTC is 1.67 trillion USD, accounting for 58.9% of the total market cap; $BTC's 24-hour trading volume is 33.51 billion USD, making up 29.8% of the total trading volume.
The price of $ETH is 1,896.3 USD, down 5.36% from yesterday; the market cap of $ETH is 228.79 billion USD, representing 8.05% of the total market cap; $ETH's 24-hour trading volume is 19.27 billion USD, comprising 17.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 66.95% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.9% of the total trading volume.
According to sosovalue, all 16 sectors are down today. Notably, the NFT, GameFi, and AI sectors are worth mentioning.
The NFT sector has fallen by 7.29% relative to the UTC 0 time, led by declines in K21 (-21.7%), COVAL (-15.9%), and PENGU (-12.2%).
The GameFi sector has decreased by 7.62% relative to UTC 0, with COMBO (-24.5%), MNRY (-19.6%), and BEAM (-17.5%) leading the drop.
The AI sector has fallen by 8.36%, with GAME (-18.6%), GRIFT (-18.5%), and SEND (-18.3%) leading the decline.
Binance is just an infrastructure, a stage built for project teams and investors where they might win together or lose together.
Editor’s Note: Recently, Binance's two founders, CZ and He Yi, have been frequently interacting on social media, driving the Meme trend within the BSC ecosystem. On the evening of March 28th at 8 PM, He Yi published "MeMe Learning Notes" at Binance Square. Odaily Planet Daily promptly reprinted it, as follows:
1. Subculture: The intermediate expression from the margins to the stage is a commonality of humanity. A good MEME can transcend cultural maps, bringing a smile of understanding. When the collective self-identity, emotions, and subjective intentions of the public overlap, unique values, semantics, and forms of expression arise, such as the Zang Ai family from the QQ era, the social shake from the mobile video era, or the Sanhe Master on the margins of the post-industrial era, which all contribute to a unique subculture. I did not grow up in Western culture, but I believe every culture has certain groups with which you can resonate deeply. Therefore, the subculture I mentioned earlier is very niche and outdated; it is not a good MEME expression, but it appears in history in some extreme forms, vividly and refreshingly. Essentially, no particular circle is truly superior; the hippies attending meditation classes are not necessarily more refined than those enjoying storytelling sessions. A love for reincarnation and Star Wars does not confer a greater aesthetic than that of the gangsters; the more niche the aesthetic, the more it lacks commonality. Moreover, our generation spans the agricultural revolution, the industrial revolution, and the information revolution, colliding head-on with AI; chaos is the norm, all authority is dissolved, and every idol is just that. MEME is a silent thunder, an extreme expression of the crowd, a challenge from subculture to mainstream culture. Therefore, photo editing and issuing coins are also part of the deconstruction. Thus, I feel I am not yet worthy to be at the center of MEME. Similarly, chasing trending topics on Twitter, whether in CZ's or my replies, is not the optimal path to discovering or creating MEMEs; MEME is in your heart.
2. Who can surpass Doge? There is only one Doge. During the first Bitcoin bull market in 2013, among countless projects trying to clone Bitcoin, they both mocked Bitcoin and self-mocked, with a playful and passionate spirit. The developers abandoned the project, but the community had its own vitality, significantly contributing to the history of crypto culture. Jiang Tao from the Chinese crypto circle spread Dogecoin worldwide, carving out a unique path in the crypto space: "Preaching for the industry, rewarding first." Back then, BBS comments would say: "I see you are a nice person, here’s 10,000 Dogecoins for you," leaving the recipients in a state of confusion about how much 10,000 Doge was worth without a calculator. Throughout the development of the crypto industry, every community has its own "Jiang Tao," and later on, Elon’s fondness for Doge brought subculture into the mainstream. Today, Doge is no longer just a dog. MEME is about the attention economy, but it is not just about attention; if everything seems like a trending topic on Twitter, then it is destined to be fleeting. Great MEMEs do not come from celebrities making clever remarks; that is not enough to create a MEME. It is worshiping the powerful (whether politicians or entrepreneurs), which is not cool enough. On the other hand, those who oppose merely for the sake of opposing often have a face displaying extreme right-wing views. Those who shout for decentralization are often highly centralized themselves, so maintain critical thinking and seek the truth. Imagine someone in your group telling you to buy into a trending topic; of course, that topic will cool down by tomorrow. If this attention can become a product, a belief, a religion, then it is possible to see the next Doge, or even surpass Doge. Who says it’s impossible? Anything is possible.
3. Is long-termism outdated? I do not trade, but I hold long-term because I adhere to the logic of value investing. I also practice long-termism in business, creating a clock or a garden. Binance is just an infrastructure, a stage built for project teams and investors where they might win together or lose together. This depends on ability, will, and judgment; top entrepreneurs are already few and far between. Long-termism requires DYOR (Do Your Own Research) and knowing when to take profits. It is not that long-termism has become outdated; could it be that you have chosen the wrong long-termism target? When the wind blows towards blockchain, investors throw money at projects, and how many entrepreneurs can say their projects are worth 100 million, 1 billion, or even 100 billion? Everything can issue tokens; prices and values may deviate, but over time, they will converge. The market size in 2017 was not as large as it is now, and the capital scale during the DeFi summer in 2021 was also not as significant as now. Yet we see more outstanding entrepreneurs entering the Web3 industry, the industry scale is growing, but confidence is decreasing. Many users ask why project valuations cannot return to the ICO era; we can never go back to the past, but we are trying. We are attempting to let users vote on token listings and delistings, to have Web3 wallets do IDOs. Project teams can choose low-threshold, low-market-cap issuances, allowing real users to profit, which is much better than spending money to fake data and deceive oneself. Whether it is MEME, AI, gaming, DeFi, socializing, or RWA (Real World Assets), let a hundred flowers bloom. May we still have beer in our cups after each round of bubbles burst. Fortunately, history always repeats itself; the grand claims of predecessors about technology changing the world will be realized one by one by those who follow. I hear many serious projects are losing their resolve; hey, friends, there will always be new trends, but the world belongs to a very few people who push forward. Rather than chasing trends, it’s better to become a trend yourself.
4. Investment advice that friends often ask I hold all my assets in cryptocurrencies, and my long-term holding style may not be suitable for most people, but there is one point to consider: earn money with certainty. 1. Earn cyclical money, which means having a judgment on economic cycles and bull-bear markets; selling in bull markets and buying in bear markets is basic operation; 2. Any category of assets follows the principle of head assets; 3. It is advised to allocate at least 20% of your assets to cryptocurrencies. Land is the asset of agricultural civilization, minerals are the hard currency of the industrial era, and the head assets of the information age are stocks of leading internet companies and cryptocurrencies with siphoning effects; 4. Some friends say that fundamentally good coins do not fluctuate enough; if you do not use leverage or trade some high-risk tokens without opportunities, then it is advised not to exceed 10% of your disposable assets; 5. Most of these principles are actually understood by everyone, and I do not need to elaborate, but implementing them is very difficult, just like losing weight.I wish everyone knows and does it.
Next news:Former President Donald Trump granted clemency to the three co-founders of the BitMEX cryptocurrency exchange, including Arthur Hayes. Previously, these founders were charged with multiple federal crimes related to money laundering and failure to regulate the exchange. BitMEX was fined $100 million for violating anti-money laundering regulations and admitted to breaching the Bank Secrecy Act.
Next news:The Federal Deposit Insurance Corporation (FDIC) changed its stance on digital assets under the Trump administration, allowing financial institutions to engage in cryptocurrency activities without prior notification. FDIC acting chairman Travis Hill stated that this marks a new approach for the FDIC, permitting banks to participate in crypto and blockchain-related activities as long as they meet safety and soundness standards. Previously, the FDIC had warned that crypto activities could pose risks to the U.S. banking system and required institutions to report their crypto activities. This move has been welcomed by the crypto industry as a significant victory over previous policies.
Next news:
According to Wu, UniSat Wallet announced that it will stop supporting the Atomicals protocol after updating the extended wallet to version 1.6.0 at 02:00 (EST) on April 4, 2025. UniSat reminds users to transfer Atomicals assets to a compatible wallet before the update, otherwise, the related assets will not be viewable in UniSat Wallet after the update.
According to Deep Tide TechFlow news on March 28, as reported by Jinshi Data, Federal Reserve's Daly stated that there is a reasonable expectation of two more rate cuts in 2025.