📢 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
The Ethereum market has seen significant changes, with prices rising by 200 points in a short period. This sudden increase is directly related to Tether's issuance of 2 billion USDT on the Ethereum network. The issuance was completed through two transactions in the late night, injecting a large amount of liquidity into the market.
This move not only satisfies investors' demand for safe havens in a volatile market but also promotes the inflow of funds into the Ethereum ecosystem. As a result, the price of Ethereum has risen.
This issuance reflects the complex dynamics of the cryptocurrency market, particularly the important role that stablecoins play in influencing the prices of major cryptocurrencies. It also highlights the ongoing demand for liquidity in the market, especially during periods of price volatility.
As this additional USDT enters the market, investors and analysts are closely monitoring its potential long-term impact on the Ethereum ecosystem and the broader cryptocurrency market. This event once again proves that in the world of cryptocurrency, the movements of stablecoins often trigger significant market reactions.