A Chinese movie called Niulai (牛来), reportedly made on a budget of just a few thousand dollars, has grossed more than $3.7 million. Whether audiences came for deconstruction, catharsis, rebellion, or just fun, it’s become a social media frenzy. And just as crazy as the movie itself is its memecoin.

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Today, one of China’s leading internet companies, Tencent (the company behind WeChat), organized an offline event offering free OpenClaw setup services. (actually they were also using the opportunity to promote their own LLM and cloud servers). From the photos, you can see the venue was packed with people. Long lines formed, and even elderly people showed up to get it set up. This really shows the level of FOMO around OpenClaw in China right now. Because of how viral it has become across the Chinese internet, many people want to experience what it feels like to have an AI agent assistant helping them complete different tasks, even if some are simply joining the trend and trying something that feels cutting-edge. At the same time, OpenClaw’s GitHub stars have already surpassed 270k, becoming the most-starred project in history. That alone tells you just how explosive its popularity is and how quickly it has entered the mainstream. All we can really do now is get ready for a new era and keep up with the accelerating pace of AI technology.

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glad to see Jesse getting good at speaking Chinese now. the Chinese community is flooding into Base, watching every Chinese word he says, and rotating between different Chinese memes 😂

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okay, it's trendy for crypto people to speak Chinese now. Jesse might not realize his tweet reignited a crazy wave of Chinese memes.

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congrats! Brian has married a wise and beautiful Chinese girl! She was a journalist at SCMP in Hong Kong and Reuters in Beijing. Her past articles on the politics and society of China and beyond are quite insightful. https://jheconomics.com/china-vs-america-i-choose-both/ https://www.scmp.com/author/angela-meng

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Inspired by @saxophone55.eth, I created a Dune query to understand the number of Chinese-speaking users. Based on Saxophone's work, in addition to changing the statistical time zone, I used a rule that counts Chinese casts which must contain at least one Chinese character (\u4e00-\u9fff) and do not contain Japanese "hiragana" characters (ぁ-んー). The final results show a sharp increase in the number of Chinese-speaking users and the number of casts around May 22nd. This is consistent with my expectations because on that day, Farcaster announced a financing round of 150M, which attracted a large influx of Chinese users. However, the number of Chinese-speaking users is quite small, with only around 2,000. https://dune.com/queries/3904707/6562840

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The first work day after the Chinese New Year holiday, I received some red envelopes, but compared to last year, it shows something...

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Is today's drop below 2,800 in the Chinese stock market due to DeSantis announcing his withdrawal from the race, just as we attributed the fall last Thursday to Trump's victory in Iowa?

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The reasons for the dump of the Chinese market are undoubtedly more complex than just Trump's potential return as president. https://x.com/markets/status/1747452658925912219?s=20

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