📢 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
Analysis: SHIB surged and then fell back, Whale reducing position pressures the short-term market.
PANews May 21 news, according to CoinDesk, the price of Shiba Inu (SHIB) rose 16% this month but quickly fell back to $0.00001457 after reaching $0.00001492. Despite a 24-hour burn rate skyrocketing by 106,040%, on-chain data shows that Whale net outflows have decreased by 311%, and active addresses have dropped by 68% since last December. The current range of $0.000014–$0.000015 has become a key support resistance zone, and the technical outlook remains in a downward channel, with a short-term rebound likely facing significant breakeven selling pressure.