What day has everything come together? The Korean version of the Capitol riot, BNB breaks 760, TRX doubles overnight!

What can I say? The world of cryptocurrency is truly exhilarating.

The Korean version of "Capitol Riot" saw the leader of South Korea's largest opposition party, Lee Jae-myung, leap over the National Assembly wall to live-stream the vote to lift Yoon Suk-yeol's "emergency martial law" and impeach the president. The heavens have died, and the yellow sky must rise to eliminate the unprincipled and punish the traitors in this righteous act of protecting the nation! Lee Jae-myung is essentially replicating the "dark history" of South Korea's father, Trump. In modern elections, voters and representatives in so-called democratic countries are increasingly neglecting values such as morality and justice, insisting on creating a "democratic landscape" with Western characteristics, which sounds very undemocratic. South Korea is no different now.

When the country is in chaos, the system collapses! During the period of imposing and lifting martial law, the Bank of Korea hastily convened a monetary policy committee meeting and issued a statement saying that it would increase short-term liquidity and take "active" measures in the foreign exchange market when necessary to ensure stability. One can imagine how the sensitive Korean aunties feel upon hearing this—are they reassured or not? Here, let's reveal why the "zombie coins" represented by XRP suddenly surged a few days ago; besides American institutions, the main buyers are the Korean aunties.

On the more active crypto trading platforms in Korea, Upbit and Bithumb, the number of user accounts aged 60 and above increased by 30.4% compared to the last bull market, reaching 770,000 accounts. Moreover, everyone knows the social distribution situation in Korea; the elderly collectively hold 6.76 trillion won in cryptocurrency assets, with an average investment of about 8.72 million won. At the same time, the number of deposits in Korean banks has also hit a new low, decreasing by 26.95 trillion won since the end of June. It can be said that the Korean aunties have withdrawn their money from the banks to buy coins.

The aunties took out their savings to earn more pension, but can they remain calm amidst the national turmoil? The sell-off and panic directly caused a collapse of platforms like Upbit, with BTC prices briefly falling below $70,000 and DOGE crashing over 50%. Additionally, the recently surging XRP, HBAR, XLM, and other "zombie coins" also experienced significant pullbacks, replaying the "regional 312" crisis as Korean crypto faced a black swan event. To protect platform funds, Upbit directly "pulled the plug" to suspend trading, and after some operations, it gradually returned to normal.

Opportunities to pick up bargains are fleeting; once missed, they are gone. Let's take a look at the fundamentals in the market.

Trump has quietly done another thing; he nominated Paul Atkins as the next SEC Chairman. Subsequently, the RSR token surged by 140% because Atkins is an advisor for this token. Unlike Gensler's high-pressure regulation and fishing enforcement, Atkins has experience in crypto leadership and a deep understanding of the different operations in the crypto industry. If he ultimately takes office, it is expected that he will strengthen the SEC's core missions, including combating fraud, insider trading, and false disclosures, while creating a more inclusive environment for the crypto industry. Trump has completed another of his crypto commitments.

Looking back at cryptocurrencies, BNB surged by 18%, reaching a high of 774, and TRX doubled overnight with an increase of over 104%. As two cryptocurrencies representing Chinese power, they seem to contradict the bearish FOMO of the Chinese bull market. Many people thought that BNB might fail after CZ was ousted, and that Sun wouldn't do anything unless he was in the spotlight. When your inherent impression cannot be changed, your success can only rely on luck.

While CZ was in jail, Binance gradually opened up regarding compliance issues and business structure, especially with the re-layout of the U.S. market, engaging in deep cooperation with several large financial institutions, including Ethereum 2.0 staking services and DeFi project collaborations, further enhancing the application scenarios of BNB and strongly supporting its own BNB Chain ecosystem. This is different from the first sister's strategy of hot listing; CZ emphasizes the legitimacy and social significance of value creation. The platform cannot be polluted by degenerate elements, and the transparent operation of the buyback mechanism to destroy BNB has also increased investor confidence.

Do not let prejudice blind your eyes. The past image of Sun Yuchen as a rich kid who always rode on celebrities and hot topics without doing anything is history. After taking over Huobi and being elected as the Prime Minister of Liberland, he bought that expensive tape banana and ate it. Sun Yuchen has already stood at the top of the traffic; why does he need to ride on others? Furthermore, USDT's issuance is the highest on the TRON chain, which has now become the most active chain for global funds. Even during this turmoil in Korea, TRX has also become an important tool for Korean crypto traders seeking to quickly transfer funds. You may look down on him, but you cannot say his chain is not good. TRON has over 3.2 million daily active addresses, with over 14 million active wallets in the past month, and weekly USDT trading volume exceeding 150 billion. TRON is leading in accommodating professional investors or whales trading amounts between $10,000 and $100,000. TRX and Sun Yuchen have welcomed their best era.