🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The emerging Crypto Assets DRDR skyrocketed to a new historical high, with a single-day volume surpassing 40 million USD.
The crypto assets market welcomes a shocking trend again! The emerging meme token "DRDR" has entered a strong rise mode early in the morning, breaking through the key resistance level of "0.51 USD" and setting a new historical record since its launch, attracting widespread attention in the market. Along with the price surge, its 24-hour volume has also shown explosive growth, surpassing the 40 million USD mark, indicating an unprecedented strong market participation and influx of funds, with heat approaching mainstream tokens.
Since DRDR was listed on Hotcoin exchange in May 2025, it has shown remarkable growth potential. Looking back at its development trajectory, this Token experienced a single-day surge of 30% in mid-June, with a cumulative increase of up to 75% over two weeks, successfully pushing its market cap beyond the $100 million threshold, and it is expected to become the next DOGE and SHIB. This time, in less than a month, the price has once again doubled, breaking through $0.51, marking a new peak in its market position and investor confidence.
Market analysis suggests that the recent surge is driven by multiple core factors. Firstly, the unique "Burn-to-Mine" economic model created by DRDR constitutes its value core. This mechanism requires users to destroy tokens to produce new DRDR, continuously strengthening the token's deflationary attributes, and is hailed in the industry as the "nuclear weapon of the meme track." Recently, the on-chain destruction volume has significantly surged, greatly enhancing market expectations for its scarcity. Secondly, on-chain data monitoring shows that as much as 75% of the DRDR token supply has recently entered a locked state, which has greatly alleviated the market's selling pressure. At the same time, the strong community power behind it cannot be ignored; 4,200 autonomous communities spread across the globe demonstrate astonishing dissemination capabilities, generating over 10,000 related content pieces in a single day. The topic #DRDR Diamond on social platforms has skyrocketed in popularity, forming a powerful spontaneous traffic engine. Furthermore, on the Hotcoin exchange, the DRDR/USDT trading pair consistently ranks among the top five on the platform's popular trading list, with trading depth and liquidity significantly improving, and signs of institutional capital entering the market are evident. Although technical indicators show that its relative strength index (RSI) has approached the overbought zone, buying momentum remains strong. After successfully breaking through the resistance level of $0.5, the market's focus has shifted to the next target level of $0.6.
Looking ahead, the rise of DRDR has been referred to by some observers as the "Digital Diamond Revolution," which cleverly integrates the narrative of luxury goods scarcity with the design concept of an innovative deflationary token economic model, attracting more and more traditional financial investors' attention. The medium- to long-term performance of DRDR will heavily depend on the sustained strength of community consensus and the activity level of the on-chain burning mechanism. If it can maintain the current momentum, its value still has vast imaginative space and may even challenge higher target ranges. This crypto experiment driven by global retail investors and key opinion leaders (KOL) is challenging traditional asset valuation logic—when a solid economic model meets strong cultural community consensus, the soaring story of DRDR may just be the beginning.