In February,
I saw the diving teacher tweet that he heavily bought $CP,
making him the largest retail holder on the CoinUp platform.
At this Hong Kong WEB3 Carnival,
the most eye‑catching thing was actually a second‑tier exchange’s “traffic‑cult” style marketing
“famous actress “Yin Party” night”,
all kinds of kissing videos leaked onto Web2 platforms.
The Hong Kong conference just ended,
and the homepage was flooded with various crash‑related criticisms and discussions,
the hype far exceeded everyone’s expectations.
Meanwhile, the second‑tier exchange CoinUp took a completely different route
|Jazz Night – a private jazz night, low‑key, authentic, stylish, standing out as a clear stream amid the second‑tier exchange’s tactics.
In a bear market,
we all wonder which assets can truly transcend cycles,
I think most people will still prioritize mainstream coins like BTC, HYPE, etc.,
and a bunch of US‑stock assets,
even currently many “farming” studios focus on Hong Kong IPOs.
Recently, I (zhaozhao) have also been thinking:
Why does the diving teacher heavily hold CP, even publicly tweet about it?
Based on the diving teacher’s remarks in CoinUp’s Jazz Night related events,
and my own understanding, it’s roughly like this:
“The landscape of top‑tier and strong top‑tier exchanges is basically set, with very high barriers.”
Q’s vision is to bring CoinUp into the leading second‑tier exchange camp.
The diving teacher looks farther ahead:
CoinUp is, in his view, the platform with the most opportunity to leap up two more levels.
Whether in product experience, market momentum, or team execution,
CP overall is in a clear upward cycle, likely to make a complete jump from the bear‑market trough to a bull market.
My (zhaozhao’s) grasp of the diving teacher’s underlying logic for heavily holding CP is:
After we missed the To The Moon of top‑tier, strong top‑tier and some second‑tier platform tokens,
we can actually allocate a small position to “buy a lottery ticket” in a second‑tier exchange that still has room.
His choice essentially bets on the platform’s long‑term momentum.
Last night before sleep, I bought 1000U.
On one hand I believe the diving teacher’s judgment,
and on the other hand I endorse Q and the team’s restrained approach, not taking an exaggerated traffic route, but steadily moving toward the achievable goal of becoming a “second‑tier leader”.
| Why didn’t I buy CP when in Hong Kong? Because I just thought of it and hadn’t built a position yet.
| Hope that when the next bull market arrives, the diving teacher will get off the horse and subtly tweet about it.