🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
Based on recent market analysis and predictions, altcoins (encryption currencies other than Bitcoin) are expected to experience a Bull Market in 2025. Historical data shows that Bitcoin halving events usually trigger price increases, and subsequently funds may flow into the altcoin market, driving the price rise of altcoins.
VanEck's report predicts that the encryption currency bull run will continue until 2025 and reach its first peak in the first quarter. During this period, the price of Bitcoin may reach around $180,000, and the price of Ethereum may exceed $6,000. Other well-known projects such as Solana (SOL) and Sui (SUI) are also expected to experience significant growth. However, after the first peak, Bitcoin is expected to experience a 30% correction, and altcoins may face a drop of up to 60%. However, in the fall, major tokens may regain momentum and recover their previous all-time highs by the end of the year.
In addition, Cane Island Digital Research's research indicates that Ethereum (ETH) represents the bull run of altcoins. Their analysis points out that the dominance of altcoins skyrocketed during specific periods, such as the altcoin season in May 2021, when the total market value of the top 100 altcoins reached 1.3 times that of Bitcoin. Altcoins are expected to usher in a bull run in 2025.