📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Beware of Bitcoin's $6 Billion Cap: It Could Suppress the Price
Bitcoin (BTC), which has risen above $50,000 again after years, may encounter resistance just above $50,000.
Data from Into The Block shows that around 375,000 wallets bought a total of about 119,480 Bitcoins at an average of $50,227 per unit.
Bitcoin rose above $50,000 this week for the first time since 2021, and these addresses have been at a loss for a long time.
In a statement made by blockchain analytics platform Lookonchain, it was stated that these addresses can sell to get out of the loss when the price of Bitcoin reaches their purchase price.
The sale of these Bitcoins, which are worth about $6 billion in total, may create a selling pressure on Bitcoin.
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