Global investors have been jumping back and forth between tariff negotiations and meme coin frenzy this week. The US plan to increase tariffs on Chinese semiconductors caused Bitcoin to fall below $84,000, but a group of "anti-white left" netizens made millions on the XBIT decentralized exchange platform by relying on the RFC dog head coin that Musk liked. This perpetual contract product with 125 times the leverage and a "meme circuit breaker" mechanism successfully made meme culture and financial derivatives collide with magical sparks. After all, when Trump was busy "locking" Chinese chips, US Vice President Vance was discussing with the British Prime Minister how to use AI to divide the tariff cake, and DEX traders had completed the 18th high-altitude bungee jump on dog head coins.
Politicians at the tariff negotiation table vs. gamblers in front of the trading screen
At 3 a.m. Washington time, when the U.S. Trade Representative was struggling with the details of tariffs on China, the RFC perpetual contract on the XBIT decentralized trading platform was experiencing its seventh circuit breaker.
This Meme coin, which takes pleasure in mocking white left politicians, has seen its market value soar from $2 million to $100 million thanks to the interaction between Musk and his mother on Twitter, allowing Taiwanese KOL Sha Po Lang to earn millions of dollars with a single coin, and the trading volume of the Meme coin perpetual contract has also been rising.
"Buying RFC is like participating in a White House talk show - you don't know who Trump will criticize next, but Musk's likes are the best teleprompter." When Sha Po Lang shared his trading experience on Twitter, US Vice President Vance was boasting about the "great trade agreement" between the United States and the United Kingdom on CNBC, saying that the cultural similarities between the two countries could make tariff negotiations "as smooth as English afternoon tea."
When leverage meets circuit breaker, NGB will also have its day.
The "fuse breaker" of the XBIT decentralized exchange platform has become a life-saving straw at this moment. Whenever the RFC price fluctuates by more than 15%, the design of suspending trading for 15 minutes gives retail investors who are rushing adrenaline a chance to take a breath. With the support of 125 times leverage, a 1% fluctuation can make the account balance play a "life and death race".
"It's like putting airbags on a roller coaster," joked the product director. The platform's cold wallet storage and multi-signature risk control designs allow Musk-concept coin speculators to bet their fortunes on the table. After all, compared to the 25% tariff imposed by the U.S. Department of Commerce on semiconductors, the 80% increase in RFC coins in a single day is obviously more exciting.
From Washington to blockchain, the attention economy rules the world
While Vans was boasting about the US-UK AI cooperation, Sha Po Lang was using "attention economics" to explain his investment logic: "The value of RFC lies in the fact that Musk likes it three times a day! This is more regular than the Federal Reserve's interest rate decision." His operation of clearing out altcoins all in RFC is just like Trump wielding the tariff stick against China - both are high-risk and high-reward battles for attention.
Data from the XBIT decentralized exchange platform shows that 60% of RFC perpetual contract trading volume comes from the early morning hours in Asia. "When American politicians are asleep, it is the best time for us to harvest white leftists!" A Singaporean trader shared his experience in the Discord group and posted a screenshot of his profit from using the tariff news to reverse the Meme coin perpetual contract.
Survival rules in a crazy market
"Trump's tariff list hasn't been sorted out yet, but my leverage list has been upgraded to V3.0." An XBIT user complained while setting a 125x leverage long order. Politicians on both sides of the Atlantic should understand at this moment: in an era of scarce attention, what makes people stay up late to watch the market is never the tariff agreement, but the dog-head coin that can tell hell jokes.
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