📢 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
$PHA Gains 33% increase after announcing partnership with xNomadAI
Gate.io news: $PHA, the native utility token for Phala Network, an open-source AI NFT platform, transforming AI agents into transferable, trackable assets capable of independent operation experiences 33% price surge after Phala Network partners with xNomadAI to integrate Phala's TEE runtime environment, enhancing xNomadAI's AI-driven NFT infrastructure.
According to Gate.io Trading data, $PHA shows a low of $0.26755 and a high of $0.36732 and is currently trading at $0.35705, with a total volume of $23.38M and a marketcap of $277.48M in the last 24 hours.
Background: Legal standoff between Ripple and SEC
SEC has accused Ripple and its executives, Bradley Garlinghouse and Christian Larsen, of unlawfully issuing and selling XRP tokens worth over $2 billion without registration, allegedly violating the Securities Act of 1933. According to the SEC, these XRP sales include institutional sales, retail transactions, and non-cash transactions (such as exchanging labor or services for XRP). The SEC believes that all of these transactions should be classified as securities transactions.