💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
August 13 Market Daily Report
1. Ethereum Performance
- The price has broken through 4700 US dollars, just 100 US dollars away from the historical high, with listed companies continuously increasing their purchases (such as BMNR planning to issue 20 billion US dollars to buy in).
- The financial situation and sentiment are good; this round of increase is backed by real capital entering the market. Unlike the leveraged speculation in 2021, there is significant room for growth.
- ETH/BTC has rebounded above 0.0387, with institutions optimistic. The inflow of funds into Ethereum ETFs far exceeds that of Bitcoin ETFs, and the growth rate of treasury funds is faster than that of Bitcoin, with a subsequent expectation to rise to high levels.
2. Trends in Altcoins
- The direction is closely related to the consortium, and after Ethereum rises, the consortium may turn to altcoins (such as DOGE, LTC, etc.).
- The market is no longer driven by emotional speculation; projects supported by consortiums and with expectations of ETF applications are more favored.
- The current market is rising with ETH, but most projects are not outperforming ETH, with only some altcoins with backing (such as LTC, DOGE, SOL, etc.) slightly following the trend; OKB's price surged 1.5 times due to the upgrade of its burn mechanism.
3. Future Outlook
- Ethereum may recently break new highs, testing 5000 USD, at which point altcoins will see signals for profit-taking (not that I'm pessimistic, but to protect profits).
- Ethereum fluctuates between 4800-5000 after a surge to 5000, waiting for chip collection before rising again.
- Altcoin Rise Rhythm: Large Market Cap → Medium Market Cap → Small Market Cap, which has developed according to this trend.
1. The Inevitability of Consortiums Turning to Altcoins
- Consortiums have profited rapidly on Ethereum, and once the price rises to a certain stage, funds are likely to flow into altcoins.
- Altcoins like DOGE and LTC may become targets for consortiums, and this trend is inevitable.
2. The Shift in Market Logic
- The crypto world has bid farewell to the era of relying solely on emotional hype: in the past, as long as altcoins had a concept, someone would buy in. Today, with changes in the market size, the number of altcoins has surged, and most lack practical applications, leading investors to no longer enter blindly.
- Projects supported by consortiums and those with expectations of ETF applications being approved are more likely to receive real monetary bets, and this trend has been emphasized multiple times in June and July.