[Cryptocurrency is a high-risk investment, please operate with caution](https://www.gate.com/post/topic/%E5%8A%A0%E5%AF%86%E8%B4%A7%E5%B8%81%E5%B1%9E%E9%AB%98%E9%A3%8E%E9%99%A9%E6%8A%95%E8%B5%84%E8%AF%B7%E5%8A%A1%E5%BF%85%E8%B0%A8%E6%85%8E%E6%93%8D%E4%BD%9C) [Dyor](https://www.gate.com/post/topic/Dyor) [Crypto Market Observation](https://www.gate.com/post/topic/%E5%8A%

According to Mars Finance news, DWF Labs managing partner Andrei Grachev stated that his private investment portfolio only includes Bitcoin, USDT, and FF Token, and reminded investors to do their own research (DYOR).

The live streaming wave has recently surged in the encryption field, with Pump.fun allowing creators to directly convert "attention" into on-chain tokens and revenue, freeing them from relying passively on advertisements or platform profit sharing. This model, which combines attention economy and disintermediation, not only challenges giants like Twitch, Kick, and Rumble but may also reshape the business logic of the entire live streaming industry. ( Thrilling! The inspiration for the new season of Black Mirror comes from Pump.Fun's bizarre videos? The platform's live streaming is quietly reopening ). Attention is an Asset: Pump.fun Disrupts the Traditional Live Streaming Framework The founder of the cryptocurrency analysis platform DYOR, Hitesh Malviya, pointed out that on Kick, Twitch, and even