📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
altcoin:
Recently, the Federal Reserve's monetary policy has signaled a dovish stance, and market expectations for a rate cut in September have increased, leading to a short-term recovery in risk appetite.
However, the total market capitalization of altcoins still accounts for less than 20% of the cryptocurrency market, and overall liquidity is relatively weak, making the market easily influenced by fluctuations in sentiment.
Uncertainty: The 90-day tariff suspension policy by the U.S. on China will soon expire on July 9. If it is not extended, it may trigger a rise in market risk aversion.
The instability of the international situation may exacerbate market volatility, leading to a flow of funds towards safe-haven assets.
Impact of mainstream coin trends: If BTC, ETH and other mainstream coins experience a pullback after a volume-decreasing rise, the altcoin market may face greater selling pressure.
Remain cautious and observant: The current market risk factor is high, altcoins have insufficient liquidity, and short-term volatility is severe. It is recommended to reduce high-risk operations.
Waiting for market warming signals: If the market sentiment stabilizes and liquidity improves, then look for opportunities to allocate altcoins. #Gate用户突破3000万# #特朗普马斯克分歧# #美股代币化#