📢 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
Federal Reserve Bank of the United States: Although the encryption market will recover in 2023 and 2024, the holding of Crypto Assets continues to decline.
According to research by the U.S. Federal Reserve, although the Crypto Assets market has recently experienced a recovery, the holding rate of Crypto Assets has not risen accordingly. The Consumer Finance Institute (CFI) of the Federal Reserve Bank of Philadelphia stated in a report on September 6th that the ownership rate of Cryptocurrency decreased from 24.6% in January to 19.1% in October during the Bear Market in 2022. Even during the subsequent 18-month market recovery period, the ownership rate did not significantly increase. In October 2023, the ownership rate was 17.1%, further dropping to 15.4% in January 2024. Additionally, when the BTC price reached its peak in April 2024, the ownership rate was only 16.1%, and two months later in July, it dropped to 14.7%.