- Pin
- 🍕 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
- 🎉 Follow to Win! Gate_Activity account is now live!
💰 Follow Gate_Activity and grab your share of $50 Points rewards!
10 Lucky Followers * $5 Points Each
Join:
1️⃣ Follow Gate_Activity 👉 https://www.gate.io/profile/Gate_Activity
2️⃣ Like this post
📅 Deadline: May 17, 10:00 AM (UTC)
Follow now and don't miss the great activities!
- 👩 Gate Post User Experience Survey is Now Live! 💻
💙 We sincerely invite you to participate in our survey — your valuable feedback will help us continuously improve and grow!
💰 Complete and successfully submit the questionnaire for a chance to share a $200 points prize pool!
👉 Join Now: https://www.gate.io/questionnaire/6641
⏰ Event Period: May 8, 8:00 AM – May 18, 6:00 PM (UTC)
Ansem spent 867,132 USDC to buy 1,970,000 Fartcoin again
Golden Finance reported that, according to Lookonchain monitoring, 13 hours ago, Ansem once again spent 867,132 USDDC at a price of $0.44 to buy 1.97 million Fartcoin. 9 days ago, Ansem spent $1.2 million to buy WIF and sold it for $1.07 million, losing $128,000.
Due to the small Circulating Supply of most AltCoins, the market is easily manipulated by dealers. Dealers create the illusion of market prosperity by holding a large amount of Tokens and using fake transactions to attract more retail investors to get on board. Once the dealer completes the high-level dump, the market price often drops sharply.
2. Irrational Behavior of Investors
The high volatility and high returns of the Cryptocurrency market attract a large number of speculators. Many investors enter the market with the mentality of getting rich overnight, hoping to obtain excess returns by investing in AltCoins. This irrational investment behavior provides a breeding ground for the speculation of AltCoins.
3. Market Periodic Adjustment
The Cryptocurrency market has strong periodic characteristics. In each market cycle, a group of poorly performing projects will be eliminated. As the market gradually matures and rationalizes, AltCoins that lack fundamental support will ultimately go towards the destiny of dropping to zero.