#代币经济机制 SEC Anti-Crypto Commissioner Crenshaw Resigns, this move is quite interesting. Previously, this guy was very critical of Meme coins, now that he's gone, regulatory stance might indeed loosen.

Speaking of token economic mechanisms, today's data is quite revealing—CVX surged 41%, RENDER up nearly 20%. What's the logic behind this? It seems the market is re-evaluating projects with sound mechanisms and real output.

The most interesting part is the clash of two voices from Aave and Jupiter: Aave promises to share protocol outside income with token holders, while Jupiter is reflecting on whether the $70 million buyback is worth it, aiming to use that money to reward user growth. This shows everyone is pondering—burning money on buybacks alone can't sustain the token price; the token must be truly useful, and holders should share in the protocol's value.

The news about Trump arresting Venezuelan President Maduro also made waves; this guy previously promoted the "Oil Coin." Now, some related projects are actually in the top 5 gainers among Meme coins, indicating market enthusiasm remains high.

Overall, the sense is that regulatory shifts, mechanism optimization, and value return—this combination will keep fueling the crypto heat.