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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!👇️
A Trader Converted His $173 in This Altcoin to $224,000: Insider or Just Luck?
A trader demonstrating a remarkable example of patience increased their assets to over $224,000 after making a modest buy out of $173 by holding a little-known Solana-based memecoin called TROLL.
The trader completed the purchase in mid-December when the market value of the token was only $6,510.
Launched in May 2024 through the Solana-based launchpad platform Pump.fun, TROLL references the iconic "Trollface" meme created by Carlos Ramirez in 2008.
The token showed little momentum for nearly a year, briefly reaching a market cap of $10,500 in January 2025 before dropping to $4,550 in April. However, everything changed on April 20, a date often associated with internet meme culture, with TROLL's value increasing by 59,944% to $2.7 million. According to the latest data, TROLL's total market capitalization has continued to rise, reaching a peak of $27.37 million, according to DEX Screener data at the time of writing. At the time of writing, the total market capitalization of the declining token is around $16 million.
The lucky trader first purchased this token by spending 0.8 SOL on December 16. Just three weeks later, the funds were quietly moved to a new wallet. The trader began selling on April 21. According to the Solana block explorer Solscan, he has converted $103,900 to cash with 97 transactions so far and still holds $120,490 worth of TROLL.
However, it should be noted that almost all users have lost money in memecoins, which have the highest risk level in the already high-risk cryptocurrency market, and that trading with these assets can result in significant losses including the principal.