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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Sonic Network TVL Surpasses $10.77 Billion
Key Points:* Sonic Network’s TVL reaches $10.77 billion, marking a 21.11% rise.
This development, under the leadership of Andre Cronje, highlights Sonic Network’s increased influence in the decentralized finance ecosystem.
Sonic Network TVL Reaches $10.77 Billion Milestone
Sonic Network, previously known as Fantom, recently recorded a significant rise in TVL, achieving a milestone of $10.77 billion. This increase stems from a strategic focus on community incentives and enhanced developer tools, driven by Andre Cronje and his team.
The increase represents a 21.11% growth within a week, showcasing Sonic as a major DeFi player. The growth figures reflect successful partnerships and innovations aimed at boosting liquidity and accessibility for global users.
Sonic Network’s Market Position and Future Prospects
Did you know? During similar growth periods, previous networks like Fantom also saw rapid TVL increases, indicative of strong community-led initiatives and technical improvements.
As of April 6, Sonic (S) is priced at $0.49, with a market cap of $1.40 billion according to CoinMarketCap. The token experienced a 24-hour trading volume of $79.82 million, reflecting a decline in activity over the previous day.