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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!
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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!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
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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
XMR has fallen nearly 100 dollars in 3 days while the number of open contracts has surged by 20%, which may be a buy the dip signal.
Gate News bot news, based on TradingView data, Monero ( XMR ) fell to $325 on Wednesday, after reaching a peak of $420 on Monday.
Before this fall, XMR had once surged from 165 dollars to 420 dollars within seven weeks, reportedly due to the positive outlook of U.S. regulations and the upcoming FCMP++ upgrade, which will enhance XMR's quantum resistance by providing forward secrecy.
As prices fall, participation in the futures market increases, with data showing that the number of active or open contracts has surged to 161,370 XMR, the highest level since December 20 of last year. Over the past three days, the open positions have increased by 20%. An increase in open contract positions while prices fall is typically interpreted as bearish sentiment, with more traders anticipating further price declines and opening short positions.
However, the situation for XMR is not the same, as its perpetual contract funding rate remains positive, indicating a market bias towards long positions.
Therefore, the increase in XMR open contract positions may represent a "bottom-fishing" mentality—traders going long when prices fall, expecting a quick rebound in prices.
Source: CoinDesk