🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
#BTC
Hello everyone! 👋
What happened yesterday in the Cryptocurrency market still feels unreal.
A giant wave of decline boldly wiped out all my buy orders for the selected coins in just a few minutes and led to a loss of 30% of all my assets.
The crypto market turned out to be very poorly protected from the consequences of a single politician's statements.
If this continues with a certain frequency, then any, even the most meticulous and measured technical analyses of Asset Price Charts, may become absolutely meaningless.
One hopes that in the future, the Crypto market will develop an immunity to such shocks.
One can hope that this was not done intentionally, but unfortunately, the boldest negative assumptions may turn out to be a bitter truth.
I don't know, maybe this is a natural process of pushing out the weakest and most useless Altcoins from the Market with their subsequent delisting.
The most frightening thing is that this collapse also affected other markets, including the Stock and Commodity markets.
Unfortunately, after such a colossal upheaval, the scenario of the occurrence of the "Black Swan" event followed by a deep global economic crisis is becoming increasingly realistic.
#ETH #SOL #TRX #XRP