"I'm Here to Conquer" Market Cap Surges to Over $29 Million, Setting a New All-Time High

On Jan 11, 0xSakura Sakura (@0xsakura666), founder of the Life Candlestick Project, announced yesterday that the project will launch its "Cyber Merit Box" feature. Donating a specific value of a Binance Smart Chain (BSC) token will qualify users for a Life Candlestick Premium Key. The rules are as follows: 1. Send a designated BSC token to the Life Candlestick Foundation wallet (via the official website’s interactive button, coming soon); 2. 50% of donated tokens will be burned to a black hole address, while the remaining 50% will go to the Giggle Academy chain to permanently record the user’s merit; 3. Users will receive the Premium Key upon successful donation. Currently, 0xSakura Sakura is collecting community feedback on how to select the "designated BSC token." Earlier: This week, the Life Candlestick Project has been covered by multiple domestic traditional media outlets. BlockBeats reminder: The related tweet was posted yesterday, and some meme coins have surged

Jan. 11 — Meme coins Hakimi and Laozi surged over 20% in short-term trading Wednesday, driven by news of the BSC Foundation’s buy-in, according to GMGN market data.

Jan 11 — On-chain analyst Auntie AI (@ai_9684xtpa) reports the BSC Foundation has purchased $50,000 worth of "Hakimi" tokens just two minutes ago, now its 6th largest holding.

Jan. 11 data from Barchart shows the current Buffett Indicator—total U.S. stock market capitalization-to-GDP ratio—stands at roughly 223% to 224%, with some sources even pegging it near 230%. That’s an all-time high, exceeding peaks of the 2000 dot-com bubble (≈150%) and the 2021 post-pandemic high. Historically, the indicator’s long-term average (since 1970) is about 80% to 100%, while 100% to 120% is considered a relatively normal "fair value" range. The Buffett Indicator is one of Warren Buffett’s most trusted broad market valuation metrics; he’s called it the "single best measure of where valuations stand at any given moment."

Crypto analyst CW notes that data on whale positions on Bitfinex shows the platform’s Bitcoin long positions total roughly 72,000 BTC, while short positions are just 286 BTC. A similar scenario unfolded in April last year, when Bitcoin hit its annual low of $74,000. CW says the current position distribution signals Bitfinex whales are bullish on the market’s future.

On-chain analyst Ai Auntie (@ai_9684xtpa) noted on Jan 11 that the whale address 0x69b...0e378 has expanded its swing trading ETH position to 3,100 ETH in this cycle. Five hours ago, the address completed its third withdrawal of 503.01 ETH from Binance. Over the past two days, it has accumulated a total of $9,543,000 worth of ETH, with an average withdrawal price of $3,078.5. The $9,570,000 in USDT the address deposited to Binance two days ago should now be fully deployed to build this ETH position.