CryptoLeo🦁

Web3 degen & researcher ｜ Sharing alpha, narratives & on-chain insights ｜ 加密不是一夜暴富，而是长期认知升级

[CryptoLeo🦁 @CryptoLeoo]

1）
Hi
我是 CryptoLeo 🦁，香港finance专业大学生，一个长期关注宏观经济、主流币周期和Web叙事的普通人。
不是神仙，也不是内幕人士，只是用逻辑和数据，在噪音里找一点点信号。

[CryptoLeo🦁 @CryptoLeoo]

@Kevin_Ascendex 加入

[Tat Thang @tatthang]

Not a single fintech CEO slept well last night.

X just shipped a full financial stack in 48 hours. And most people didn't even notice.

Here's the sequence:

- Tuesday: Smart Cashtags go live. Any ticker, any contract address native price chart, right in the timeline. No redirect. No third-party app.

- Already in beta: X Money. Fiat wallet with 6% APY, metal Visa debit card with 3% cashback, P2P payments, direct deposit. FDIC-insured through Cross River Bank, the same bank behind Coinbase and Stripe.

- Already live: Brokerage routing via Wealthsimple. One tap from a post to a placed trade.

Three products. All shipped. All pointing the same direction:

Discovery → Chart → Trade → Pay.

Inside one timeline scroll.

Here's what that looks like for you and me:

Someone posts a $AAPL cashtag. I tap it. Chart loads. I see the conversation around it. I buy. Never left the app.

I send $50 to a friend. On X. I earn 6% on what's left. My debit card gives me 3% back on coffee.

Why would I open Robinhood? Why would I open Venmo? Why would I open CoinGecko?

And here's why they can't compete:

X has 550M monthly users. Robinhood has 24M funded accounts. Venmo has ~90M accounts. CoinGecko has ~30M monthly visits.

X doesn't need the best product. It needs a good-enough product inside the app people already live in.

Now zoom out.

X was an ad revenue company. ~$4.4B in 2023, almost all advertising.

The new revenue stack:

> Visa interchange on every card swipe
> Brokerage referral fees on every routed trade
> APY spread on held deposits
> Trading behavior data from 550M users

X didn't add a feature. X changed its entire business model.

"Is this good for X?"

Wrong question.

X just stopped being a social media company.

It's now a financial infrastructure company that happens to have 550 million users already scrolling.

Everyone else is competing against a distribution gap they can never close.

I wrote about this yesterday before any of it was announced. The sequence played out exactly as mapped.

The only piece left: which chain gets the default crypto trading slot.

That answer will move markets.

[CryptoLeo🦁 @CryptoLeoo]

Nikita 你要做什么

[Nikita Bier @nikitabier]

Crypto has had a rough year. Maybe we should launch something to fix it.

[Peter Girnus 🦅 @gothburz]

I am a Web3 Ambassador at World Liberty Financial.

There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."

600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.

The distance is my best work.

I am the reason these events are unrelated.

World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.

Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.

Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.

Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.

Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.

Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.

On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.

The team page lists 3 Witkoffs. All 3 are Co-Founders.

Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.

His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.

The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.

Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.

On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.

Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.

600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.

A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.

My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.

The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.

I am the reason these events are unrelated.

[CryptoLeo🦁 @CryptoLeoo]

这个项目如何才能赚到钱？
最大的风险不是SpaceX估值达不到1.5T，而是超募过多。如果超募远超过$61M，我们能获得的经济敞口会远低于投入金额。

还有一个风险就是SpaceX估值过高，今天Binance市场上pre-IPO价格跌到685左右，过几天OTC可能会接着砸盘。

以上仅供参考，大家在参与之前做好自己的调研。

[CryptoLeo🦁 @CryptoLeoo]

@bitget @xiejiayinBitget
SPACEX 项目普通人到底值不值得参加？
根据项目官网介绍，VIP0散户投入范围是$1-$1,000

bitget给出的能认购数量取决于所有人投入的金额
公式：代币可认购数量 =（用户投入金额÷所有用户总投入金额)×当前 IPO Prime 出售代币总量。

Bitget 给的是650u 一个preSPAX

👇👇👇

[CryptoLeo🦁 @CryptoLeoo]

认购总价值是$61M。

1. 如果最终这个项目刚好募集到这个金额，你投入的1000u = 1.5385 preSPAX代币，价值刚好是1000u。
2. 超募，���集到的金额超过$61M，那你投入的1000u可能会被稀释。假设这个项目募集到了$100M，那你只能得到0.94 preSPAX，价值为$611。

随着超募的越多，能收到代币价值会越低。

[CryptoLeo🦁 @CryptoLeoo]

@xu96175836 一看就ai

[CryptoLeo🦁 @CryptoLeoo]

@colinwu 只能在支付方面做做了，香港这种小地方政策还是太保守，目前看不出有任何可以和usdt/usdc竞争的优势

[CryptoLeo🦁 @CryptoLeoo]

香港金管��在 2026年4月10日发出首批稳定币发行人牌照，持牌机构是汇丰和渣打两个老牌银行。

目前稳定币最大使用量还是usdt和usdc，占比在市场9层以上。香港折腾这么久终于落地牌照，没有选择像美国那样激进的路线，那接下来是否能跑出支付，结算和跨境应用只能走一步看一步。

[CryptoLeo🦁 @CryptoLeoo]

@okxchinese #OKXWeb3Night 就在家门口说不定能抽到我呢

[OKX中文 @okxchinese]

这个4月，留给一群人，那些一路支持、相信我们的人。

OKX Web3 Night 特邀朋友们齐聚香港，带上 #OKXWeb3Night RT，抽30位朋友送上入场券，LFG！🙌

[CryptoLeo🦁 @CryptoLeoo]

Slowly but surely

[CZ 🔶 BNB @cz_binance]

HSBC and Standard Chartered Bank got the HK stablecoin license approval from HK Monetary Authority.

Slowly but surely.

[CryptoLeo🦁 @CryptoLeoo]

@OKXWallet_CN #OKXWeb3Night 我刚好也在，会抽到我吗

[OKX Wallet 中文 @OKXWallet_CN]

做朋友很简单，只需双方点头；
做朋友很困难，也需双方点头。

OKX Web3 Night 四月，我们在香港，等同频共振的你。

RT 本推文并带上 #OKXWeb3Night，抽 20 位朋友送上入场券。

[CryptoLeo🦁 @CryptoLeoo]

@greg16676935420 @grok where are these laws enforced?

[CryptoLeo🦁 @CryptoLeoo]

@okxchinese XAUT

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

At 7:04 AM ET today, President Trump said “the US and Iran have had productive discussions" to end the Iran War.

By 7:10 AM ET, the S&P 500 surged +240 points adding +$2 TRILLION in market cap.

27 minutes later, Iran completely denied all of President Trump's claims and said there has been "no contact" with the US.

By 8:00 AM ET. the S&P 500 had fallen -120 points erasing -$1 trillion in market cap.

That's a $3 TRILLION swing market cap in 56 minutes, just in the S&P 500.

What is happening here?

[CryptoLeo🦁 @CryptoLeoo]

@okxchinese @grok 这个ICE是哪个机构，和移民局有关吗

[CryptoLeo🦁 @CryptoLeoo]

@AzFlin As a Chinese who traveled to US and Europe, I would say it’s already more convenient to travel in China than many countries.
- No need to exchange any cash in China. Everywhere excepts online payments.
- No VPN needed if you are foreigners.
- Simply get a translator on phones