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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!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
Meme associated with Trump has fallen 85% from its historical high, with 520 million tokens set to unlock.
According to ChainCatcher news and a report by Cointelegraph, U.S. President Donald Trump recently shared an article on the social media platform Truth Social, acknowledging the viewpoint of its official Memecoin (TRUMP) as a measure of public political sentiment. Data shows that the current price of the token is around $10, down 85% from its historical high of $73 set in January. On-chain data shows that the TRUMP Token is currently only 26.48% in circulation, with 735 million coins (accounting for 73.52%) still not unlocked. Based on the current price, the 50 million Tokens that will be unlocked on July 18 are valued at approximately $520 million, which may exert further pressure on market prices. On June 7, Eric Trump, the son of Donald Trump, announced that the crypto company he supports plans to acquire a large amount of this Token, but the market reaction was lukewarm. Industry insiders point out that the short-term price fluctuations of memecoins are driven by speculation, but the long-term trend may reflect the public's expectations for Trump's political prospects.