📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
1. Market Dynamics
1. BTC rebounds, BTC dominance decreases. Exchanges' altcoins rise, on-chain AI sector pulls back.
2. The US stock market's weekly chart has broken down, and it is highly likely to decline in the coming months. The US dollar index has surged.
2. Market Focus
1. The public chain SOL is rising, and the funds from the FTX exchange will be compensated recently. The SOL/ETH exchange rate has reversed.
2. The AI sector's AI, NFP, MAGIC, ATA, IO, AKT, and GRASS are all experiencing a rebound. MAGIC was originally worked on by the founder of AI16Z, who plans to develop an AI monkey game in the future. Funds are rotating into the targets with the worst fundamentals in the sector, as the AI market enters a phase of emotional frenzy.
3. The on-chain AI sector collectively retraced, while some applications like COOKIE, ALCH, and SWARMS continued to rise. Leading exchanges opened new contracts for AI16Z, ZEREBRO, and GRIFFAIN, but did not list spot trading.
4. MURAD's MEME FARTCOIN, SPX, GIAA and other tokens surged. SPX's market cap surpassed a new high of 1 billion USD.