Crypto_Reboot__Why_Chinese_Meme_Coins_Hyperliquid_and_Hotpot_.m4a

We hosted a Hotpot Festival for Builders at Haidilao Singapore— scanning codes, posting, dipping meat, redeeming coupons. Crypto had its heated moment: where protocol met reality, and the chain finally felt human again.

The markets, meanwhile, were anything but calm.

• The market faced its largest liquidation wave of the year, a brief dip triggering structural reshuffling;
• Polymarket enabled Hyperliquid deposits and withdrawals, deepening on-chain liquidity;
• In regulation, the U.S. crypto framework bill hit another stalemate, yet reignited discussion and mobilization across the industry.

We’re at an inflection point: one cycle closing, another beginning. Reality matters more than ever, and narratives are being rewritten. We’re still here: recording, hotpotting, betting, and rebooting.

Biweekly Highlights

🎉 Web3 Hotpot Festival Wrapped Up!

From online encounters to one bubbling pot, we stirred up the warmest kind of chaos: central joy, served the decentralized way. 💜

Connection doesn’t live only on-chain, it’s also found in a ladle of soup and a simple “see you.”

Mask Network (mask.io) on Twitter / X

💰 “Binance Life” Ignites the Chinese Token Craze — Even Solana’s Speaking Chinese

The Chinese-token wave went viral overnight: Binance Life and Hakimi topped the charts as the internet learned pinyin. This week, Solana’s official X account switched to Chinese, joining Toly and Mable’s “Chinese Name for Solana” campaign: cementing its role as the meme capital of crypto.

But after the market crash that followed, it’s uncertain how long the frenzy will last. After the altcoin purge, only the surviving Chinese coins have earned the right to be named.