📢 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
A certain trader frequently buys high and sells low on the MEME coin rich, losing $739,000 in 3 minutes
BlockBeats news, on December 13th, according to Lookonchain monitoring, a trader spent 198 SOL to buy meme coin rich when the price dropped. After he bought, the price experienced a big dump of 60%. In his panic, he dumped all at a price of 76 SOL, losing 122 SOL. When rich started to Rebound, the trader succumbed to fear of missing out, reinvesting 297 SOL. However, the price dropped by 60% again, and in his panic, he dumped 93.5 SOL, losing another 203.5 SOL. In total, he lost 325.8 SOL (739,000 USD) in just 3 minutes. Ironically, rich surged 30 minutes later.