In the fast-paced world of cryptocurrency, where trends can shift overnight, a recent thread on X (formerly Twitter) has sparked discussions about the rising dominance of Asian crypto ecosystems. Posted by Eugene 有劲 (@eugenegeu), the thread builds on insights from Kyle (@0xkyle__), highlighting why tokens like BNB and MNT might outperform in the coming weeks. If you're into blockchain and meme tokens, this is worth paying attention to, as it touches on flows, incentives, and how cultural dynamics play into token performance.

Eugene's post kicks off with a bold claim: "It became quite clear that at least in the next few weeks, Asian crypto ecosystem like BNB and MNT will flourish." He points to Asian retail investors being "flushed with money" after successes like Aster hitting all-time highs, and Chinese CEX (centralized exchange) tokens following suit. Events like Token2049 showcased this wealth, complete with extravagant displays. On the flip side, Western onchain activity seems stagnant—the CCM (likely referring to some short-lived meta or trend) fizzled out in just three days.

He contrasts this with Western TradFi (traditional finance) institutions having funds to deploy but retail investors lagging. Most top Western VC-backed projects are far from their all-time highs, bogged down by sell pressure from venture capitalists who have a duty to liquidate holdings. Eugene praises the "masterminds behind Chinese tokens" for their ability to "corner supply and send tokens," citing examples like BNB, MNT, Aster, Cake, and Form.

A key moment, according to Eugene, was CZ's (Changpeng Zhao, Binance's founder) return to Binance in September 2024. This "watershed moment" brought back leadership and charisma, fueling momentum. He ends with "王者归来," Chinese for "The King Returns," emphasizing the cultural and symbolic boost.

This thread quotes Kyle's deeper dive into crypto flows—the idea that "everything is flows," meaning net buying pressure drives prices up, while emissions and selling drag them down. Kyle argues that Chinese coins win because they're controlled by entities like Binance and Bybit, who aren't incentivized to sell. In contrast, Western coins often have VCs with mandates to exit positions, creating constant downward pressure.

Kyle references a tweet (shown above) summing it up: "Eastern coins for PA [price action], western coins for real PMF [product-market fit]. Different time horizons for each trade." He positions himself heavily in ASTER (likely Astar) and MNT, praising their tokenomics: zero allocation to VCs, with airdrops likely going to aligned entities.

Check out the tokenomics breakdown above—53.5% for airdrops to traders and builders, 30% for ecosystem and community, and no VC slice. Kyle sees this as ideal for long-term holding, avoiding the pitfalls of unlocks and dumps. He also nods to Hyperliquid as an exception in the West, with no VCs and a team unlikely to sell.

From a meme token perspective, this resonates. Memes thrive on hype and flows, often without heavy VC baggage. The thread suggests that Asian-style token designs—tight supply control and aligned incentives—could inspire the next wave of successful memes. If you're trading or building in blockchain, watching Asian ecosystems might give you an edge.

For the full context, head over to the original thread on X. As always, this isn't financial advice—do your own research in this volatile market.