News Preview: Flying Tulip will conduct TGE on February 23; Alchemy Pay plans to launch the L1 public chain Alchemy Chain testnet on February 23; U.S. President Trump will deliver the State of the Union address on February 24; on the same day, the U.S. will impose a 10% temporary tariff on some imported goods; NVIDIA will release its earnings report after the market closes on February 25; Jupiter (JUP) will unlock approximately 253 million tokens, about 7.94% of its circulating supply, worth approximately $39.3 million, at 10:00 PM Beijing time on February 28.

The Flying Tulip project, founded by Andre Cronje, will hold a public sale allowing users to raise up to $1 billion. All funds will be invested in low-risk yield strategies. Users can withdraw at any time, with proceeds used to buy back FT tokens for distribution.

Flying Tulip, a new DeFi platform developed by the "DeFi veteran" Andre Cronje and his team, has raised additional funds through a combination of private and public token sales. In the Series A private token sale, the project raised $25.5 million from Amber Group, Fasanara Digital, and Paper

Flying Tulip A round financing is $25.5 million, valuing $1 billion, plus seed round total financing of $225.5 million. Curated has raised 50 million, and CoinList will allocate 200 million next week. 1.36 billion was promised, but only 400 million remained. Core innovation "Perpetual put option": Burn FT tokens at any time to redeem the principal, at a price of $0.10/coin.

Today, Bitcoin is no longer suited to outdated comparisons like the "tulip bubble." Its resilience and proven endurance over the years have rendered such comparisons obsolete, according to Eric Balchunas, a Bloomberg ETF expert. “I would never put Bitcoin alongside the tu...

Bitcoin Outgrows Tulip Mania: Experts Highlight Resilience and Longevity Bitcoin has established itself as a resilient digital asset that defies simplistic comparisons to historical bubbles like the Dutch tulip mania. Blockchain experts emphasize its durability, longevity, and capacity for

American tech tycoon Joel Bomgar, in his speech at FreedomFest 2024 last year, explained in detail why Bitcoin is not a bubble. He stated, "Historically, there has never been a bubble that produced such a curve, and all assets that ultimately changed the world have drawn such a curve." Bomgar points out: All classic bubbles, whether it is the Dutch tulip, real estate, or the internet bubble, share three characteristics: - Single Cycle - Brief Prosperity - Ultimately return to zero or revert to the original point But Bitcoin has never taken such a route. Reviewing its price history on a logarithmic scale, it rose from 5 cents to $69,000, then retraced to $15,000. Joel emphasized: each drop is tens of times the previous low, completely diverging from the logic of a bubble, and instead resembling Apple, Amazon, Netflix.

In previous cycles, Andre Cronje, the founder of the Sonic (formerly Fantom) blockchain, was known as the "King of DeFi." Now, this former king has made a comeback, bringing a new financing paradigm to the crypto market. In the current highly cautious market environment, Flying Tulip completed approximately $200 million in seed funding last month and plans to raise an additional $800 million through a public offering, aiming to expand the total fundraising to a $1 billion valuation. How did they achieve this? AC's latest project—Flying Tulip—is positioned as a "full-stack on-chain financial marketplace," aiming to integrate functions like spot trading, lending, and perpetual contracts through a unified risk and pricing model. Technologically, it emphasizes a hybrid approach.

In 2025, the Initial Coin Offering (ICO) market is making a strong comeback. MegaETH raised $50 million in 5 minutes, Flying Tulip plans to raise $800 million, and the entry of industry giants like Andre Cronje further boosts this trend. Against the backdrop of a gradually loosening regulatory environment, will the new generation of ICOs repeat the bubble of 2017? This article will deeply analyze the truth behind the recovery of the ICO market from multiple dimensions, including regulatory changes, institutional dynamics, and risk warnings.