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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Pi Coin Is a F*ing Scam — but Price May Rally 20% Nonetheless**
YEREVAN (CoinChapter.com) — Pi Coin, the much-hyped cryptocurrency that promises free mining via a mobile app, has long been a subject of skepticism in the crypto community. Critics argue it’s a scam, pointing to its lack of a functional blockchain, unclear tokenomics, and absence of a verifiable mainnet launch after years of development. Many users have spent time “mining” Pi, only to be met with vague promises and no tangible returns.
A user on X, @kryptak_sk, described Pi Coin as a speculative bubble, questioning its legitimacy and unfulfilled promises.
Pi Coin Migration Fails Again as Users Call It a Scam. Source: X (@kryptak_sk) Pi Coin Forms Bullish Pattern, Eyes 20% Rally Despite Market Skepticism
Despite widespread skepticism, technical analysis suggests a possible price rally for Pi Coin. A March 17, 2025, TradingView chart reveals a falling wedge pattern, a common bullish reversal signal. This formation appears when prices consolidate between two downward-sloping trendlines, often leading to a breakout.
At press time, Pi/USD trades at $1.346, reflecting a recent decline. If the wedge pattern resolves upward, Pi Coin could see a potential 20% rally toward $1.70, aligning with upper resistance.
The Relative Strength Index (RSI) currently stands at 34.83, indicating oversold conditions, which may support a price rebound. The Exponential Moving Averages (EMA 50 and EMA 200) suggest a possible trend shift, with the 50-day EMA at $1.5278 acting as the first resistance level.
Pi Coin Forms Bullish Falling Wedge Pattern Amid Market Sell-Off. Source: TradingView
While technical indicators hint at recovery potential, this rally depends on market sentiment and Pi Network’s ability to address ongoing concerns about its blockchain and token utility.
For investors, this remains a high-risk scenario. Fundamental flaws persist—Pi Coin’s legitimacy is in question, and regulatory scrutiny looms. While a short-term price spike is possible, it could be another pump in a scam-ridden narrative.
Pi Network Introduces New Features on Pi Day 2025
Pi Network marked its sixth anniversary on Pi Day, March 14, 2025, by launching new platform-level utilities. The Pi Open Network, which went live in February, connected Pi’s ecosystem to the broader blockchain space, increasing its usability.
Millions of Pioneers use Pi Token, and thousands of businesses have integrated it for transactions. On Pi Day, the network introduced the Pi Domains Auction and a revamped Mainnet Ecosystem UI to strengthen its blockchain infrastructure.
The Pi Domains Auction began on March 14, allowing users to secure .pi domains for businesses, apps, and websites. The auction runs until June 28, with payments made exclusively in Pi Token. The process operates on the Pi Blockchain, ensuring security and transparency.
Pi Network Expands Ecosystem with PiFest and .pi Domains on Pi Day 2025. Source: Pi Network WEB
Additionally, the first PiFest shopping event started on March 14 and continues until March 21. With Open Network connectivity, users can also shop at Pi-powered businesses using Pi Token. The event focuses on local commerce integration and real-world transactions.