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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!
How to Participate:
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!
💥 The creator ecosystem is in full bloom!
📈 Get featured, earn rewards, and grow your influence—what are you waiting for?
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👉 https://www.gate.com/announcements/article/45695
- 📢 #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
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🚀 How to participate:
1️⃣ Publish an
- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
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
Notcoin leads the Meme craze, competition in the Layer 2 network intensifies, and Bitcoin accumulation may restart.
Crypto Market Weekly Report: Notcoin Leads the Meme Wave, Layer 2 Network Competition Intensifies
Market Overview
Recently, the liquidity of currencies has improved, but the path of interest rate cuts by central banks in Europe and the United States still faces challenges. The cooling of market expectations for interest rate cuts has led to a rise in U.S. Treasury yields. U.S. stocks, led by tech giants, have reached new highs, while the crypto market has lagged behind, continuing to experience fluctuations and consolidation.
Market Hotspots
This week, the crypto market mainly revolves around the Meme sector, with funds gradually spreading from the Ethereum ecosystem to other public chains' fully circulated Meme tokens. Notable projects to pay attention to include:
NOT: A Meme coin from a certain ecosystem, characterized by full circulation. It may be used in the future as fuel fees and payment medium for mini-games in that ecosystem.
DOG: A leading project in a certain rune ecosystem, with all airdrop chips in circulation, and a market value close to the original leading rune.
MAGA: The leader of the concept project for the US elections, supporting encryption. Plans to make charitable donations in the names of celebrities to expand influence.
Bitcoin Market
On-chain data shows that long-term investors have begun to accumulate Bitcoin again for the first time in half a year, reducing selling pressure. A certain country's spot ETF has returned to positive territory after four consecutive weeks of net outflows.
In the futures market, the funding rate has slightly decreased, and the open interest remains stable. The long-short ratio is 1.6, and market sentiment is relatively optimistic.
In the spot market, Bitcoin is in a wide fluctuation period, with a declining dominance. Due to the general overvaluation of venture capital-backed tokens and facing a large amount of unlocking, fully circulating Meme coins have become the main focus of the market.
Public Chain Ecosystem
This week's total locked value (TVL) is $106.8 billion, a slight increase of 0.5%. Most mainstream public chains saw a decline in TVL, but in the past month, Ethereum, a certain public chain, BLAST, and MERLIN have all experienced growth of over 30%, indicating that market sentiment remains strong. Notably, the Linea chain surged 29% this week, with a total TVL approaching $600 million.
NFT market
This week, the floor prices of blue-chip projects in the NFT market generally fell. BAYC dropped by 6%, MAYC fell by 5%, Pudgy Penguins decreased by 4%, Milady dropped by 12%, LilPudgys fell by 8%, both DeGods and CloneX dropped by 11%, Pixelmon plummeted by 48%, and Pandora crashed by 56%. Only Azuki saw a slight increase of 3%, while CryptoPunks remained basically flat.
The price drop of blue-chip projects has doubled the trading volume in the NFT market, but the number of first-time buyers and repeat buyers has not significantly rebounded. Overall market sentiment is sluggish, seemingly approaching a state of despair.