#Gate广场创作者新春激励 #中文Meme币热潮 #周末行情分析 A brief discussion on the fate of altcoins. The US core inflation rate has hit a historic low. On the other hand, rumors on Wall Street suggest actions against Iran, causing the Iranian currency to plummet, with inflation soaring to 42%. Many people are fleeing abroad to transfer funds, and on-chain BTC trading volume in Iran has surged. BTC is a chaotic ladder, so whether it's the GBP crisis or now Venezuela and Iran, BTC remains the most sensitive asset to chaos. At the beginning of the month, BTC broke through $90,000 and approached $95,000. Notably, yesterday the US delayed the market structure plan, which will have a bearish impact on altcoins. Coinbase plans to take several years to strongly promote a crypto structural plan, aiming to make altcoins and stablecoins compliant. Once the structure is approved, most spot trading will be managed by the CFTC. Moreover, a conversion mechanism will be established: as small altcoins grow and meet decentralization indicators, they will shift from securities to commodities. This is a historic turning point. Have you ever wondered why giants like Google, Facebook, Microsoft, and Tesla haven't issued their own coins? It's not because they don't want to make money; it's because the legal framework is unclear. Currently, all coins are treated as securities. Once rules are established and coin attributes clarified—what qualifies as a security and what as a commodity—big tech companies will enter the market. Elon Musk has long been eyeing this, recently submitting multiple regulations related to encrypted wallets on X. Imagine if you could buy, sell, gift, or shop with crypto assets on global social platforms like X or Instagram with just one click—what kind of transaction volume and application potential that would bring. All of this isn't due to technical limitations; in fact, it could have been achieved years ago, just like autonomous driving today. The key issue is liability—who is responsible if something goes wrong? Clarifying this will quickly streamline all processes. Recently, X has been aggressively optimizing its crypto ecosystem, such as disabling Kaito's API and cleaning up numerous crypto bots. Many studios now generate大量账号 using AI and post articles and comments in bulk on X to earn crypto rewards. This is a race for X's user base. That's also why many friends say the information flow is becoming increasingly watered down—because most content is generated by bots. In the future, Musk will integrate content and crypto, using coins to incentivize creators. This is something BM envisioned ten years ago but couldn't realize. Thank you for reading carefully. If you like it, please follow.