History tends to repeat itself, but humanity seems to never learn. The stock market is like this, and the crypto world is the same.

Look at the K-line charts of the projects River and Pippin; you can learn a lot from them. Those small coins that surge short-term do attract attention initially, with rumors spreading rapidly—one rumor becomes ten, ten become a hundred—and eventually push the price to a peak. But when the market changes, people calm down and realize that it’s not a phoenix, just a chicken. Turning a chicken into a mainstream coin? It’s not that simple; it requires many factors to align. You can look at Goge’s journey; that’s a case worth learning from.

River is the native governance and utility token of a chain-abstracted stablecoin protocol. Its core product is Omni-CDP, a cross-chain collateralized minting protocol for satUSD, with the key feature of not requiring a cross-chain bridge.

The project’s fundamentals are as follows: As a cross-chain DeFi protocol, River focuses on cross-chain collateralization, yield, and liquidity. It officially launched in September 2025, with a total token supply set at 100 million, and currently about 19.6 million tokens in circulation.

According to the latest market data (Beijing time January 21, 2026, 13:30), the price is around $27.19, with a 24-hour increase of approximately 10.81%, and a market capitalization of about $5.3 billion.

The technical highlights are these points: First, it avoids bridges in cross-chain transactions by using the Omni-CDP protocol to collateralize BTC or ETH on Chain A and directly mint satUSD on Chain B, avoiding the risks associated with traditional cross-chain bridges. Second, the design of satUSD stablecoin itself supports 1:1 redemption with USDT, USDC, and other stablecoins.