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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!👇️
The most profitable coins of 2023
The total market value of Bitcoin and altcoins has increased by 36 percent since the beginning of the year. The total market value, which was 795 billion dollars on January 1, has currently exceeded 1.1 trillion dollars. In addition to the rise in BTC price, there was also fluctuation in the dominance level.
Although Bitcoin's dominance value approached 50 percent, some coins diverged and performed effectively. Among the top 100 cryptocurrencies by market value, the project that has gained the most value since the beginning of the year has been PEPE, which has wreaked havoc on a period.
PEPE, which experienced a total increase of 2424 percent, attracted great attention until it was listed on popular crypto exchanges. It left its mark on 2023. However, the listing date is not at the beginning of 2023. When we did not include PEPE in the list, the cryptocurrency that increased the most was Conflux (CFX) with 2092 percent. Cryptocurrencies following CFX are as follows:
Injective (INJ) 838 percent, Render Token (RNDR) 655 percent, Stacks (STX) 497 percent, Bitcoin Cash (BCH) 138 percent, Immutable (IMX) 96 percent, The Graph (GRT) percent, Rocket Pool (RPL) percent 84, Kava (KAVA) 83 percent, Lido DAO (LDO) 82 percent.
#ContentStar# #BountyCreator# #GateLive# #GateioBountyCreator# #HotTopicDiscussion # #Gate.ioDaily# #Crypto # #contentcreator#