How dead is the on-chain activity right now? Before, my monitoring system would catch countless smart money buy-ins every day. These past few days, it’s only triggered about 5 times in total, and it starts alerting for buy-ins of just a few thousand $USDT. $UNI has almost doubled in price. The reason? A proposal to turn on the fee-sharing dividend switch. If I remember correctly, the last time it surged was also because of this. Tonight, there’s a project airdropping tokens to $BNB holders. It’s launching at 9 PM. Since the previous few new tokens had some room to play, I took a quick look. It’s AI-related, raised $3M in funding, and interestingly also supports prediction markets—it seems to touch on everything. Total supply is 1 billion, with about 20% in circulation. Can’t decide whether to jump in based on market cap, so let’s see the sentiment at launch. $ZEC looks too risky to touch right now. Each high point in its fluctuations is getting lower and lower, and even the top bulls are starting to lose money. If you want to get in, you’d have to wait for a sharp drop and catch a small rebound. It’s basically licking the knife’s edge.