Meme coin CZ on the BSC chain briefly surged past $80 million in market capitalization, hitting an all-time high.

According to GMGN market data, the Meme coin TCC on the BSC chain briefly surpassed a market cap of $20 million within 7 hours of its launch, and is now trading at $19.2 million with a trading volume of $12.5 million. BlockBeats Note: Meme coin trading is highly volatile, largely driven by market sentiment and conceptual hype, with no actual value or use cases, and investors should exercise caution regarding risks.

Leto Bao, the central figure in the "30 Million Yuan Profit from ByteDance Stock Trading" story, shared his U.S. stock investment experience during a review at Binance Square, advising that investing should start early and funds should be allocated to relevant assets as soon as possible. A former ByteDance employee nicknamed "ByteDance Stock Trading Brother", he achieved significant gains by targeting the AI storage sector in U.S. stock investments. It is widely reported online that he earned around 30 million yuan and subsequently resigned. Leto Bao believes many jobs and roles will be impacted by AI in the future, so ordinary people looking to hedge against the risk of being replaced by AI could consider investing in AI-related companies. The story originated when he noticed an abnormal price surge for hard drives while shopping on Pinduoduo, leading him to research data storage demand and build a large position in related stocks.

Prediction market platform Predict.fun data shows that the meme coin CZ on the BSC chain has a 62% probability of hitting a $100 million FDV and a 30% chance of reaching $200 million FDV before September.

According to on-chain analyst Yu Jin’s monitoring, the Ethereum Foundation granted a 2,469 stETH grant to Ethereum non-profit development organization Argot one hour ago, worth approximately $4.34 million. Last July, the foundation provided Argot with a 3-year operational grant totaling 7,000 ETH. After receiving the funds, Argot sold 4,826.6 ETH at an average price of $3,194, netting 15.417 million USDC. Today, Argot received its fourth-year grant from the Ethereum Foundation, amounting to 2,469 stETH. The final fifth-year grant, also 2,469 stETH, will be sent to Argot next July. On-chain transaction records confirm the funds have been transferred to Argot’s associated address.

Leto Bao, the central figure in the "ByteDance employee nets 30 million yuan from stock trading" story, reviewed his U.S. stock investment experience on Binance Square, noting that his key investment judgments stemmed from observations of shifts in AI storage demand. Bao stated that around August last year, he shifted his investment style to value investing, allocating most of his positions to indices—particularly the Nasdaq 100—with a portion of his portfolio invested in individual stocks he selected, such as Google. At the time, he purchased two hard drives on Pinduoduo to build a database for backtesting investment strategies using quantitative methods, and soon noticed that hard drive prices were rising steadily. He said the hard drive price increase served as his first signal to focus on the storage sector. At that time, reports had already pointed to AI-driven memory price hikes, and hard drive prices were rising in tandem. The second signal came from his experience as a data engineer: ByteDance was then requiring teams to shorten data lifecycles—reducing data storage periods, for example, from two to three years to one or half a year—and delete redundant data due to insufficient storage resources. Based on the hard drive price hikes, AI storage demand, and research report analysis, Bao initially bought some related assets but did not take large positions, as he had not yet seen concrete confirmation signals. Later, he discovered via 13F institutional holdings filings that institutions had been increasing their positions in the sector for three consecutive quarters, prompting him to expand his holdings, which he has maintained to date. He added that he still holds his storage-related positions and has generated significant returns.

Strategy founder Michael Saylor has once again shared updates on the Bitcoin Tracker, stating, "Bitcoin is digital energy." Following past patterns, Strategy typically discloses news of increasing its Bitcoin holdings the day after such related announcements are released.