📢 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
Analysts: The current pump of Bitcoin is led by institutions, while retail investors remain on the sidelines.
Odaily News Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a historic high this week, primarily driven by institutions, while retail investors were almost "absent" from this round of pump. A quick search using the keyword "Bitcoin" on Google Trends reveals that the search frenzy seen during the 2021 bull run is completely absent now. Although there was a brief wave of retail enthusiasm during the U.S. presidential election, when a rapid surge of Meme coins ignited market sentiment temporarily, that heat has long since faded. Despite Bitcoin breaking through $111,000 to set a new all-time high this week, the prices of Meme coins have rapidly fallen, cooling retail enthusiasm. Even though Bitcoin has reached an all-time high, traders remain cautious, as evidenced by the lower funding rates and increased short positions. Current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains. (CoinDesk)