📢 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
Meme coins and mini-games dominate the market as systematic adjustments in the encryption industry intensify.
Meme and mini-game projects dominate the market, and the industry is undergoing systematic adjustments.
Recently, Meme coins and mini-game projects seem to have dominated the cryptocurrency market, sparking widespread discussion within the industry. This phenomenon reflects that the entire industry is undergoing a systemic adjustment, rather than a problem specific to a single trading platform.
As an industry leader, the actions of a large trading platform are closely watched and serve as a market barometer. However, in-depth analysis reveals that several mainstream trading platforms exhibit a high degree of consistency in this trend, indicating that this is a widespread phenomenon.
"Accelerated Clearance" in the Cryptocurrency Industry
Since 2023, investors have noticeably preferred trading Meme coins over traditional venture-backed project tokens. This preference reflects the market's pursuit of opportunities that can bring actual returns, even though these projects may lack long-term value.
Meme coins and mini-game projects are like a dazzling fireworks show, attracting a large influx of users, new funds, and attention in the short term. However, this phenomenon is also accelerating the consumption of market liquidity and may undermine users' trust in trading platforms and the entire cryptocurrency industry.
Imbalance between Project Value and Market Perception
A core issue currently facing the market is that projects fail to establish sufficient community consensus before launching. The community consensus of many large-scale projects seems to have transformed into a "quick cashing out" mentality, which has led the entire market into a state of both internal competition and loss of focus.
The trading platform acts as a market participant rather than a judge, and its decisions are often influenced by community sentiment and user values. When the community generally focuses on Meme coins and mini-games, the platform will naturally follow this trend, which may overlook some truly valuable projects to some extent.
Breaking through difficulties requires multi-party collaboration
To break the current vicious cycle, it requires joint efforts from the project team, the community, and the trading platform.
Only through this kind of multi-party collaboration can market confidence be rebuilt and promote the healthy development of the industry. Even in the worst-case scenario, this "clearing" process may create new opportunities, bringing new vitality and direction to the industry.