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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #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!
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1️⃣ Publish an
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1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
Bitcoin Store of Value Hits $1.03T in 2024, Marking 85% Annual Growth
Bitcoin ($BTC) has recently witnessed a new height in terms of Store of Value. As per Ki Young Ju, the CEO of CryptoQuant, the Store of Value (SoV) of Bitcoin has touched a staggering $1.03T on the 29th of December. Bitcoin Store of Value refers to the total perceived value stored in the Bitcoin network, reflecting its role as a digital asset for preserving wealth. He discussed this sheer SoV rise on social media.
Bitcoin Sees SoV Surge to $1.03T, Indicating a 85% Spike during 2024
Ki Young Ju mentioned that Bitcoin’s new SoV level at $1.03T indicates its growing adoption as a vehicle for value storage. The SoV Index denotes a metric that combines both the on-chain and off-chain data. Hence, it offers a comprehensive guess of the cumulative capital in the storage of the Bitcoin network. The CryptoQuant CEO asserted that the present $1.03T mark signifies an 85% surge solely during this year.
Sheer SoV Rise Resembles that Recorded in 2021
Keeping this in view this surge highlights the increasing on-chain activities on the network. Ki Young Ju also added that such a surge has already taken place back in 2021. In line with the data, the respective spike, combined with the latest increase point toward the rising interest in Bitcoin investments. The most noteworthy factors behind the respective upsurge take into account the expansion in the institutional adoption as well as the macroeconomic factors.
According to Ki Young Ju of CryptoQuant, the new SoV boost to above $1T spot plays a critical role in Bitcoin’s evolution. Additionally, with the continuous expansion in Bitcoin’s ecosystem and adoption, the SoV Index will potentially serve as a noteworthy metric to gauge its adoption and impact.