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Recently, a major blockchain foundation has directly supported Chinese meme coin projects. Although the scale of investment isn't huge, this signal is very important—the official endorsement has a noticeable positive effect on market sentiment.
Honestly, actions like these often imply something. The foundation wouldn't spend money recklessly; their willingness to step in indicates approval of the development direction of this ecosystem. From the market response, both BNB and BTC have maintained good momentum within this time window, and the activity level of funds can also be felt.
Seeing this kind of official participation, I couldn't help but follow along. After all, when the market lacks certainty, this kind of genuine investment from the foundation can indeed give people some confidence. Next, it remains to be seen whether the subsequent performance of the entire meme coin sector can sustain this wave of enthusiasm.