- Pin
- 🎉 Follow to Win! Gate_Activity account is now live!
💰 Follow Gate_Activity and grab your share of $50 Points rewards!
10 Lucky Followers * $5 Points Each
Join:
1️⃣ Follow Gate_Activity 👉 https://www.gate.io/profile/Gate_Activity
2️⃣ Like this post
📅 Deadline: May 17, 10:00 AM (UTC)
Follow now and don't miss the great activities!
- 🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
⏳ Limited-Time Offer — Don’t Miss Out!
Learn More: https://www.gate.io/article/44878
#GateioLaunchpad# #GameeFi#
- 📢 Gate Post Ambassadors are Now Actively Recruiting!
Not sure how to become a Gate Post Ambassador? 🤔
Check the image below 👇️
🎁 Become an Ambassador to unlock exclusive privileges and enjoy generous benefits!
- Special Benefits Tasks
- Exclusive Merch
- Fan Red Packet Support
- VIP5 & Golden Mark
- Honorary Ambassador
Click the link to join ➡️ https://www.gate.io/questionnaire/4937
More details: https://www.gate.io/announcements/article/38592
- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
🎁 We'll select 5 users with outstanding posts, each winning $10!
How to participate:
1. Follow Gate_Post;
2. Create a post with the hashtag #MyGatePostUpgradeExperience# , sharing your feedback and experie
- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
LetsBonk 24-hour launch volume approaches Pumpfun; Trump is bullish again, the crypto market rebounds｜Gate Research Institute
Crypto Market Overview
**BTC (+1.91% | Current Price 103,556 USDT): Yesterday, the U.S. April non-seasonally adjusted CPI rose 2.3% year-on-year, lower than market expectations. After a brief drop, BTC fluctuated upwards, reaching 105,000 USD before slightly retreating. It is worth noting that since 4 AM this morning, BTC has seen 8 consecutive hourly declines. Yesterday, BTC ETF had a net outflow of $91.3 million, all of which was from Fidelity FBTC, with no inflows or outflows for other ETFs.
ETH (+9.06% | Current Price 2,640.55 USDT): Yesterday, ETH experienced significant volatility, with an intraday fluctuation of 13%. After briefly touching 2,700 dollars, ETH retraced, and the ETH/BTC exchange rate broke through 0.0255, achieving a weekly breakout. Yesterday, ETH ETF net inflow was $13.3 million, with Grayscale Mini Trust ETH inflow of $7.36 million, and VanEck ETHV and Franklin EZET inflows of $2.95 million and $3.06 million, respectively.
Altcoins: The Meme, AI Agent, Solana ecosystem and other sectors have all seen a rise, with the overall altcoin market experiencing an upswing. PEOPLE, BOME, SATS and others are leading the charge. The Fear and Greed Index is at 74, indicating that the market has been in a state of greed for the past 6 days.
Macro: The three major U.S. stock indices showed mixed performance yesterday. The Dow Jones fell due to a drag from healthcare stocks, closing down by 0.64%; the Nasdaq and S&P were driven up by technology and chip stocks, rising by 1.61% and 0.72% respectively. The VIX fear index dropped to 18.2, indicating a significant rebound in risk appetite. As of May 14, 12:00 AM (UTC+8), the spot gold price is reported at $3,229.25 per ounce, with a daily decline of 0.68%.
Popular Tokens on Juejin
PEOPLE ConstitutionDAO (+58.85%, circulating market cap 181 million USD)
ConstitutionDAO is a decentralized autonomous organization established in 2021 that raised funds through crowdfunding ETH to bid on an original copy of the U.S. Constitution, attracting over 10,000 participants from around the world and raising $47 million. Although the bid was unsuccessful, it became a landmark event for the DAO model, promoting the exploration of blockchain in cultural assets and organizational forms.
PEOPLE is its governance token, which users can obtain by donating ETH, originally planned for future governance decisions. After the project was terminated, users could get a refund, but many chose to hold it, giving it commemorative significance. Since then, PEOPLE has gained attention in the crypto market as a symbol of decentralized collaboration, resembling a Meme token, and has become a landmark experiment in co-governance within the Web3 community.
PEOPLE reached a historical high of $0.205 in 2021, and the current price has fallen over 80% from that peak. Recently, the price of the PEOPLE token has risen mainly due to the overall recovery of the crypto market, along with its unique historical background and decentralized symbolic significance, which has attracted market attention. As a low market cap, highly volatile Meme asset, PEOPLE has drawn in short-term speculative funds. Although the token lacks practical application scenarios, it has room for speculation as the popularity of Web3 community culture increases. Future trends will still heavily depend on market sentiment and narrative-driven, making it suitable for those focusing on sentiment cycles and light-position betting.
SATS SATS Ordinals (+48.31%, Circulating Market Cap 2.507 Billion USD)
SATS Ordinals is a meme project based on the Bitcoin Ordinals protocol, aiming to tokenize the smallest unit of Bitcoin, "satoshi," and imbue it with community cultural attributes and circulating value. The project leverages Ordinals and the BRC-20 standard to grant uniqueness and tradability to satoshis engraved on the Bitcoin chain, promoting the meme-ification of the Bitcoin ecosystem and asset diversity.
SATS is not a traditional utility token, but a symbolic asset representing the popular participation of Bitcoin. Since 2023, SATS has gradually circulated and risen under the momentum of the Ordinals craze, but has also experienced a correction as the market cooled down. Recently, with BTC once again breaking through 100,000 USD, the price of SATS has rebounded, proving that SATS is still attracting speculative funds.
In the future, the trend of SATS will be highly dependent on the evolution of the BTC ecosystem, the continued development of Ordinals, and changes in market sentiment. Although it lacks substantial application support, there may still be some speculative space as an early Meme asset.
PI Pi Network (+20.72%, circulating market value 9 billion USD)
Since its launch in 2019, Pi Network has adhered to the concept of "making blockchain technology accessible to the masses" and is committed to building a low-energy, low-threshold, user-friendly mobile encryption currency mining platform. Through an innovative consensus mechanism and mobile device mining model, Pi Network has significantly lowered the technical threshold for users to participate in the blockchain ecosystem, attracting tens of millions of users worldwide to actively engage.
On February 20, 2025, Pi Network successfully completed its mainnet launch, marking the project's entry into a mature operational phase. With the improvement of the ecosystem, the utility and intrinsic value of PI coins have gradually gained market recognition, forming a virtuous cycle of user growth and application expansion.
After reaching a historical high of 3 dollars at the end of February, PI Coin has retraced all the way down to around 0.55 dollars. With the overall crypto market warming up, as one of the popular blockchain projects, PI Coin has risen over 100% from its low price point. It is worth noting that the current circulation of PI Coin is only 7.11% of the total issuance, with a fully circulating market value of as high as 125.79 billion dollars.
Alpha Interpretation
Trump bullish on the stock market for the third time, encryption market surges significantly from low levels.
Last night, Trump stated that "the stock market will rise significantly" and urged the Federal Reserve to cut interest rates again. At the close of the US stock market, the Dow fell by 0.6%, the S&P rose by 0.7%, and the Nasdaq rose by 1.6%; Tesla rose nearly 5%, Nvidia rose by 5.6%, and Apple rose by 1%.
At the beginning of last month, the S&P fell sharply due to Trump's tariff comments, but rebounded 14% within a month after he stated on April 9 that "now is a good time to buy." On the same day, he announced a suspension of reciprocal tariffs. Last Friday, Trump again encouraged increasing positions, and subsequently, the US and China announced mutual tariff reductions, further boosting the market and driving a significant rise in US stocks.
As a result, BTC and ETH also rose, primarily due to improved expectations of macro policies, enhanced liquidity expectations, and increased risk appetite. Trump's pressure to lower interest rates has heightened market expectations for easing policies, and cryptocurrencies, as tech-like assets, are highly sensitive to changes in liquidity. At the same time, the easing of geopolitical risks between China and the U.S. has driven funds into high-volatility assets. Historical experience also shows that when Trump releases optimistic signals, it often coincides with a rise in crypto assets, highlighting his guiding role on market sentiment. Therefore, the current rise of BTC and ETH reflects changes in macro expectations and a re-pricing of the market.
Bitcoin's illiquid supply reaches 14 million coins, returning to historic highs.
According to Cointelegraph citing Glassnode data, approximately 14 million BTC are defined as "illiquid supply," meaning they are held by addresses that have not sold for a long time. This metric indicates that Bitcoin is accelerating into the hands of steadfast holders, especially against the backdrop of recent price increases.
On-chain data indicates that whales continue to accumulate, and the market chip structure is changing. In the past 30 days, the non-liquid supply has increased by 180,000 BTC, marking the largest increase since December 2022; the key whale tier (holding 10–10,000 BTC) has cumulatively increased by over 83,000 BTC, while retail investors show signs of panic selling, reflecting a transition in the market from "weak hands" to "strong hands."
The strengthening supply and demand structure reinforces bullish expectations, and the mid-term trend of BTC looks optimistic. The rise in illiquid supply combined with whale control often appears in the later stages of a bull market, as seen in the 2017 and 2020-2021 cycles. Currently, there are no obvious signs of a bubble. If the macro environment remains stable, BTC is expected to gradually challenge historical highs against the backdrop of concentrated capital and tightening liquidity, with a potential to reach the 150,000 USD range.
LetsBonk 24-hour launch volume approaches Pumpfun, multiple tokens market value surpasses one million dollars.
On the night of April 26, the veteran Meme coin BONK on Solana announced the launch of its own LaunchPad platform LetsBonk.fun. In just 24 hours since the platform went live, it received 800,000 user visits, a trading volume of 300 million, and 2,700 tokens were created, over 70 of which successfully launched. The token of the same name, Let's BONK, soared to a market value of 30 million dollars within 6 hours.
As of May 14, the LetsBonk.fun platform has issued a total of 45,980 tokens, with a cumulative launch of 760 tokens. There are a total of 12 tokens with a market value greater than 1 million USD. Among them, the range of 1 million to 10 million USD includes 10 tokens: IKUN, Petunia, LetsBONK, BONKAI, NEXUS, DOOM, FLOPPY, CHACHA, Dazhuang, and Glonk; while the market values of Hosico and USELESS tokens have exceeded 10 million USD, reaching 27.5 million USD and 15.3 million USD, respectively.
The explosive growth and market capitalization breakthrough of LetsBonk.fun not only significantly enhanced the market visibility of BONK but also established a new entry point for the Meme ecosystem. This combination of ecosystem expansion, user activity, and platform effects will provide positive support for the BONK price in the medium to long term, driving its evolution from a single-point Meme project to a platform-level Meme leader.
Gate.io HODLer Airdrop
new subscription details
) Project Introduction
NXPC is the core digital asset of MapleStory Universe, issued by Nexpace, with a total supply cap of 1 billion coins. Its uses include reward distribution, NFT trading, and gas payments, building an economic bridge both in and out of the game, providing diverse participation opportunities for players and creators.
NXPC adopts a self-regulating supply mechanism to balance market supply and demand. Through the "fission" mechanism, tokens are issued when the demand for NFTs surges, and through the "fusion" mechanism, circulation is reduced when prices become overheated, lowering inflation and speculation risks. At the same time, it grants players creative rights, breaking the traditional monopoly of games on content production.
The entire Adventure Island universe is built on the high-performance chain Henesys L1. This chain is natively connected to the Avalanche C chain and is designed specifically for the gaming economy, supporting efficient transactions and cross-ecosystem interoperability. NXPC, as a value carrier of the platform, will continue to grow as the ecosystem expands.
Reference materials:
[Gate Research Institute])https://www.gate.io/learn/category/research( is a comprehensive blockchain and encryption research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend predictions, and macroeconomic policy analysis.
Disclaimer Investing in the crypto market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products they purchase before making any investment decisions. [Gate.io])http://gate.io/( is not responsible for any losses or damages caused by such investment decisions.