📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
JPMorgan covers Circle stock for the first time, setting a target price of $80.
According to Gate News bot, Cointelegraph reports that JPMorgan recently released a research report analyzing Circle's stock for the first time and giving it a "reduce" rating. The report sets a target price of $80 by December 2026, which is 55% lower than the current stock price of $180. This pricing is based on a 45 times valuation of the expected earnings per share for 2027, with an additional $10 upside premium.
JPMorgan stated in a report that Circle currently has a market capitalization of $43.8 billion, which is expected to decline to $21 billion by the end of 2026. Analysts note that other stablecoin issuers and competing products such as tokenized deposit accounts are cutting into Circle's market share. The report also mentions that tightening regulatory policies for stablecoins in Europe and the U.S. and the advancement of central bank digital currencies globally are limiting USDC's market expansion.