Musing Mind trading Journal

$VEIL men

It's clearly privacy meta. $VEIL is leading the charge. But I feel it might still be very early and it goes up much higher. Coinbase-backed privacy coin at $15M seems too cheap if you compare it with main runners like Railgun, Zcash, Dash, etc. https://x.com/Veildotcash/status/1900225372374831351

Comparison of Veil cash, Zcash, and Railgun

Found a good competitor to Railgun ($270M)/Zcash ($3.5B), both of which are being shilled by Vitalik and Naval Sitting at just $6–6.5M MCap, backed by Base Eco Fund/Coinbase Ventures. $VEIL is a Base-native privacy protocol using zk-SNARKs, where verified users (Coinbase Onchain Verification, Binance BAB, Ethos reputation) can deposit, send, and withdraw privately. Privacy Stack Comparison: Both Veil cash and Railgun ($270M FDV) leverage zk-SNARKs for private DeFi on Ethereum-compatible chains: • Veil cash → Base-native, simpler UX, lower fees, verified users • Railgun → Multi-chain, more complex, higher fees • Zcash → Separate L1 using zk-SNARKs for shielded txns; strong privacy but high gas & low composability Backing: Backed by Base Ecosystem Fund / Coinbase Ventures. https://x.com/Veildotcash/status/1900225372374831351 Social Proof: • Followed by Base handle, Jesse (Base Lead), multiple Coinbase/Base team members, Alliance DAO founder, Scroll founder, and other top-tier accounts. https://x.com/Veildotcash/followers_you_follow • Founder Apex is also followed by: Base, Bankless founder, Horse, 0x Project, ZapperFi, Scroll, Syndicate, Definitive, Messari, Polymarket, Aerodrome, Framework Ventures, Eigenlayer, and more. https://x.com/apex_ether/followers_you_follow Narrative Fit: Ethereum Foundation has been actively pushing privacy protocols, and Veil fits perfectly into this emerging meta. https://x.com/ethereumfndn/status/1975955009826386208 Recognition & Partnerships: • Mentioned on Bankless alongside Tornado Cash & Privacy Pools https://x.com/apex_ether/status/1974527555404526011 • Partnered with Maestro Bot https://x.com/MaestroBots/status/1971620796876366199 • Integrated with Ethos Network https://x.com/ethos_network/status/1971281265971298479 • Featured on EthOS Phone https://x.com/apex_ether/status/1970499527481147812 • Built a mini app on Farcaster https://x.com/Veildotcash/status/1958985518856708517 TL;DR: Base-native privacy primitive backed by Coinbase Ventures, already tied into Base’s growing ecosystem and on-chain identity stack (Coinbase Onchain, BAB, Ethos). If privacy meta catches hard- Veil cash could be the compliant, retail-friendly privacy layer for Base. At $6–7M MCap vs. Railgun’s $270M and Zcash’s $3.5B, the asymmetry is 🔥 https://dexscreener.com/base/0x7f1a5b66ba3bb56c4b68cfc353a5e041c9763a4c CA: 0x767A739D1A152639e9Ea1D8c1BD55FDC5B217D7f

Found something very interesting on Base. Posting my research soon.

Hey CZ. Thanks for vamping your own chain’s meme runners with a new shitty launchpad format where Binance users can dump on the whole world. Trenches will remember 😭

GCR whatta G

I found out there are unlimited articles from mainstream Chinese news media that explicitly describe Memecoins as “Air coins” I think Air coin goes a lot bigger and we are very early, while random tickers on Bsc are going to 25-50M. https://dexscreener.com/bsc/0x5e34f8cd2a9178c2fdccdf7ce 19e49a419c35a29 Here are all the articles below dating back to a few years. https://wallstreetcn.com/articles/3713450 https://cj.sina.cn/article/norm_detail?url=https%3A%2F%2Ffinance.sina.com.cn%2Froll%2F2025-01-19%2Fdoc-inefqmni9869947.shtml%3Futm_source%3Dchatgpt.com&from=redirect&autocallup=no&isfromsina=no https://www.mycaijing.com/article/detail/539083?source_id=40& https://blog.wenxuecity.com/myblog/23244/202508/17495.html?utm_source=chatgpt.com https://tidenews.com.cn/news.html? https://zhuanlan.zhihu.com/p/30756623073? https://www.stcn.com/article/detail/944309.html?utm_source=chatgpt.com https://www.takungpao.com/finance/236135/2025/0123/1053801.html? https://blog.wenxuecity.com/myblog/23244/202508/17495.html?

Ok. I found something really really interesting. Holy fuck

I think we might see some billion-dollar meme coins coming out of BSC. So far it has been BSC/Binance-themed coins like 4, 币安人生, Palu has been running hard. I think there will be some general/normie-friendly tickers gonna get added to the top runners list. If Aircoin survives this wave of rotating capital it has a good chance of being one and if not. It was all air anyways. https://dexscreener.com/bsc/0x5e34f8cd2a9178c2fdccdf7ce19e49a419c35a29

There might be PVPs and shit. But remember, there is only one air coin which is 2 months old. It did 4x for us and now kinda getting PVPed it seems. am just gonna hold it tight. https://x.com/ZC_doge/status/1975618810687463840 https://x.com/reams8k/status/1975602560380866710 https://x.com/leslieloser_/status/1975624201836097978 https://x.com/zt100x/status/1975620777400803622 These tweets proves the coin is actually 2 months old and had a good community even back then. https://x.com/GetXTrend/status/1950144098398261340 https://x.com/fuzzyman410/status/1950081431751053393 https://x.com/crypt_omar/status/1950464925786395000

I don't think it's a beta indeed, but is's a funny hybrid of concepts

GM Aircoin enjoyerrrs.. This seems like 50-100M narra ngl.

Air coin strong. some big buys coming

Holy shit. so basically Air Coin is a slang in chinese for a worthless cryptocurrency that has no real project, technology, or use case behind it- just hype. This is like Useless of BSC. Also, its an old coin.

Aped a bit here at $2M. Its being shilled as Fartcoin of Bsc. its a 2 month old coin suddenly puped hard. so good RR to gamble https://dexscreener.com/bsc/0x338ede32ef54b28a9a755d07144b4a7061dd4444 https://www.binance.com/en/square/post/17594744781497 https://www.binance.com/en/square/post/20867168560593 CA: 0x338ede32eF54b28a9a755D07144b4a7061DD4444

$SEND It 🚀

$SEND is doing well. Been curling up slowly. Up like 40% for us so far with size. The founder had a very bullish space yesterday. Some of the key takeaways from it are: $SEND onboarding 25% of Canton's network: Enabling privacy features and positioning Send as a consumer gateway (via Canton Wallet), with Send onboarding 25% of Canton's network in the past week, and acting as a "privacy stack" similar to Consensus for Ethereum. Privacy-first stablecoin (Upcoming): Upcoming iOS/Android apps, integration of privacy into Send App via Canton Wallet, and launch of CUSD (privacy-first stablecoin) plus an affiliate program which offers on-chain revenue sharing. Rewards Program: Send Rewards system (since late 2024) rewards for holding, transactions, referrals, and multipliers. Tiered Verification and CC Rewards (Upcoming): To make verification more accessible amid rising prices (~$0.05-0.06 per Send), plans include lowering thresholds with tiers (2K, 4K, 6K, 8K Send) offering proportional "CC drips" (Canton Coin rewards), while maintaining 8K for full Send Rewards; requirements are increasing monthly (e.g., holding from 6K in August to 10K in December). Bullish $CC Tokenomics: Canton's model (no pre-mine, app awards for builders over 8+ years) is praised as superior to other L1s, with Canton trading only in OTCs at ~$0.18-0.20 and potential for significant upside; Send is aligned for growth without VC overhang. Link to the spaces: https://x.com/ethentree/status/1974892101096890455

People are not giving attention to the $USDF stablecoin on $ASTER. That's Ethena's competitor. About $370M USDF already minted. It creates a flywheel for ASTER. Aster's flywheel with $USDF lets users deposit USDT to mint USDF, stake it for ~15-16% APY via asUSDF, and trade on Aster's perpetuals exchange for $ASTER airdrop points, fees, and multipliers. This loop turns idle capital into productive assets, boosting trading volume, protocol revenue, and token demand through reinvested yields and buybacks. https://x.com/Prateek0x_/status/1975188094631780762