Author: Golem,Odaily Planet Daily
“xxx sent you a cash red envelope!”
After the Yuanbao cash red envelope event started on February 1st, many long-dormant project/investment research exchange groups completely turned into "Yuanbao cash-grabbing" mutual aid groups.
For those in the crypto world, turning from esteemed crypto traders into Yuanbao cash-grabbing enthusiasts is a helpless move.
Starting January 31st, global financial markets experienced a sharp decline. Previously surging precious metals quickly collapsed, with spot silver nearly erasing its year-to-date gains, and spot gold briefly falling below $4,500. The cryptocurrency market fared no better. Bitcoin broke below the $75,000 support level on February 2nd, hitting a low of $74,604, ETH fell to a low of $2,157.14, and SOL even fell below $100, hitting a low of $95.95. According to Coinglass data, on January 31st, the total liquidation amount in the cryptocurrency market reached $2.5615 billion, setting a record for the highest single-day liquidation volume since the "10/11 crash." Therefore, "losing so much that I don't want to talk" became the true psychological state of many in the cryptocurrency community (such as the now-silent Yi Lihua). For those in the cryptocurrency world who have just experienced a bloodbath, while the "gathering Yuanbao red envelopes" (a form of virtual currency) is a drop in the ocean in terms of recovering losses, it can still provide some psychological comfort and a temporary escape from the harsh reality of the market.

Jokes in Group Chat
Cryptocurrency Airdrops: From Suffering in Silence to Passionate Rights Protection
It's said that Yuanbao's cash red envelopes are the biggest airdrop for people in the cryptocurrency circle today, and it's not just a gimmick.
It's said that Yuanbao's cash red envelopes are the biggest airdrop for people in the cryptocurrency circle today, and it's not just a gimmick.
It's said that Yuanbao's cash red envelopes are the biggest airdrop for people in the cryptocurrency circle today, and it's not just a gimmick.