Web3 Investment Research Weekly|The market has picked up this week, the MEME sector has risen again, and WIF has the most outstanding performance; there are only about 20 days left before the Bitcoin halving...
This week, the crypto market as a whole ushered in a recovery, but the process was still accompanied by certain shocks and fluctuations, but the overall amplitude was not large, and it has picked up again near the end of the closing session, but the overall market value growth is not particularly large compared to the same period last week, maintaining around $2.65 trillion, up 1.66% in 24 hours. Market sentiment continues to remain above 80 points and remains in the optimistic territory. Most of the key mainstream currencies showed an upward trend this week, but except for a few sector currencies, the rise of most currencies basically remained in a small range, basically less than 10%. Overall, affected by the lower market last week, the crypto market is still in an adjustment cycle this week, and it is expected that there will be a round of overall significant recovery over the weekend.
Compared with last week, the total amount of the cryptocurrency market this week showed a warming trend, but it was accompanied by a shock correction during the period, but the rise of certain mainstream currencies was more obvious, such as DOGE, which reached a significant increase of 44% in a week. At present, as we approach the closing stage of the weekend, and the BTC halving is approaching, the overall bullish sentiment in the market is still the mainstream, and it is expected that the weekend will usher in an upward trend, and continue to rise to next week before a slight pullback.
The ratio of the top 100 cryptocurrency projects in a week is about 80:20, and most mainstream currencies show an upward trend in the market this week, which is more related to the overall rebound of the market. The price of BTC has risen above $70,000 again within a week, with a weekly rise and fall of about 7.75%, and is currently maintaining a continuous fluctuation at $70,797. ETH's market is similar this week, but the volatility is greater, with the weekly low falling below $3,300, an overall increase of around 2.27%, and currently remaining at around $3,553.
This week, the market performance is still high in the MEME section, with WIF rising by 46.01% in 7 days, and the currency price is currently maintained around $3.36, ranking first in the weekly rise.
Although the overall market of the cryptocurrency market has recovered to a certain extent this week, the rally is unevenly distributed, not across the board, and individual currencies are still in a state of significant decline.
Crypto market
🔥 The crypto market ushered in price volatility this week, with a slight pullback in the middle of the week after a recovery.
🔥 Monday saw gains in multiple sectors, with 24-hour BTC +4.0% and ETH +3.6%; PENDLE prices, ONDO prices, AERO prices, DEGEN prices, and Base user weekly additions hit record highs, while Base ecological MEME and Solana ecological MEME generally increased.
🔥 $84.32 million OP, $37.53 million PRIME, $16.89 million YGG, $9.26 million AGIX, $6.68 million SUI, $900,000 ACA, and more will be unlocked this week.
🔥Negentropy pledged to donate $1 million to Slerf to support its NFTs.
🔥PUMP opens for trading tonight, with a market capitalization of $12.9 million based on initial liquidity.
🔥MEME drove Base TVL to exceed $2 billion, and the daily trading volume of DEXs on the Base Chain exceeded $200 million for many consecutive days in a week.
🔥The person in charge of the Base protocol said that the ERC20 migration tool BaseMigrate will be released.
🔥Scroll co-creation announced that it will launch 4844, DA Compression, proof aggregation, and more in the next few months.
🔥PENDLE FDV TOPPED $1 BILLION THIS WEEK.
🔥Circle executives interpret EU anti-money laundering regulations: the impact on self-custody wallets and CASPs is very limited.
🔥UniCross has announced the suspension of RUFI Mint due to congestion on the Merlin network.
🔥 An address donated to SLERF and transferred 1558.8 SOL to the compensation wallet.
🔥 The London Stock Exchange began accepting applications for BTC and ETH ETN on April 8, and plans to launch ETN trading on May 28.
🔥Fantom plans to parallel FVM, expand Sonic Labs grants, and more, with investments to be disclosed in the coming weeks.
🔥The Curio Ecosystem was attacked, with $16 million in losses.
🔥Vitalik posted a reference to ENS.
🔥 Musk asked Vitalik why he left the X platform.
🔥FTX will sell two-thirds of its Anthropic stake for $884 million.
🔥BRC20 will soon support 5-character and deployer MINTs.
🔥Blast Ecology Munchables was attacked, and the loss of $62.3 million was lost, but all of them have been recovered.
🔥 In the middle of the week, there was a slight correction in the market, with BTC -1.6% and ETH -2.9%; SUI price, ALT price, ETHFI price, NAVX price, WEN price, Base TVL, MicroStrategy stock price, BlackRock IBIT BTC holdings market capitalization reached an all-time high, and the RWA sector rose.
🔥 This week, about 20 projects announced (proposed) to complete a total of more than $230 million in financing.
🔥 In a week, BTC spot ETFs broke a five-day streak of net outflows.
🔥Casey said that if the market value of the Runes ecosystem does not reach $1 billion in the first month of its launch, he is ready to commit suicide.
🔥V-God has spoken in favor of decentralized staking with more anti-correlation incentives, account abstraction provides security and convenience for developers and users, Farcaster information is not stored in the blockchain to improve security and scalability, and the definition of the metaverse remains vague and requires a combination of cryptocurrency, virtual reality, and AI.
🔥 FLI, a nonprofit organization, disclosed that it had received $665 million in SHIB donations from V-God.
🔥 Grayscale Chief Legal Officer: The SEC did not conduct an in-depth discussion on ETH spot ETFs because a consensus has been reached on BTC ETFs on related issues.
🔥With a fortune of $18 billion, CZ made the Hurun list of the world's richest people, ranking 100th.
🔥 Illuvium has released a new roadmap and details of Private Beta 4.
🔥 Towards the weekend close, 24-hour BTC +1.4%, ETH +0.8%; ETHFI price, ETH liquidity repledge TVL, Base TVL, Blast TVL, Sui TVL, Deribit BTC options open interest expiring in March, ARKB daily net inflow hit a record high, and Fidelity FBTC daily net inflow hit a record low.
🔥 This week, nine projects announced a total of more than $100 million in financing.
🔥 The US BTC spot ETF saw a net inflow of $254 million yesterday.
🔥Casey, the founder of Ordinals, unveils the Runes documentation, introducing a monument upgrade mechanic.
🔥MerlinSwap has started airdropping esMP tokens, and the IDO of MP tokens has ended, with a subscription amount of more than $480 million.
🔥The BEVM mainnet went live this week.
🔥Outflows from KuCoin's EVM chain increased to $1.78 billion.
🔥Arbitrum and Azuki have teamed up to launch AnimeChain, an anime network.
🔥Ethena will airdrop 750 million ENA and list CEX on April 2.
🔥Ondo Finance introduces instant investment and redemption services, and OUSG funds transfer $95 million to BlackRock's BUIDL.
🔥 Ethereum blobs are being used to create inscriptions, and yesterday 2,437 blob inscriptions were created, which pushed blobs to reach a set capacity limit.
🔥 Huang's meme project, Bobaoppa, raised $38 million in SOL.
🔥LADYS launches Meme Phone.
🔥Fetch.ai. SingularityNET merged tokens with Ocean Protocol to form a decentralized AI alliance.
Regulatory Policies
🔥 Fed's Bostic said it could be more damaging to cut rates prematurely, with only one rate cut expected this year.
🔥 The SEC is seeking $2 billion in fines and penalties in the XRP case.
Crypto Market Highlights
⭐️ In the past week, the overall market of the cryptocurrency market has basically driven the trend of related currencies due to the influence of the popularity of individual sections, and the overall market is still in the adjustment cycle. Most of the altcoins entered a downward range towards the end of the week, but at the moment it seems that the magnitude is not large, and most of them are not affected by it. The resurgence of BTC prices this week also indicates that the market has begun to show clear upward signals in the past week, and we can expect the market performance during the weekend session.
⭐️ There are still a number of sectors in the market that have performed well this week, among which the MEME sector is also expected to rise again. Among them, WIF was the most prominent, with a weekly increase close to DOGE. The currency is currently up about 46% for the week, and the price is staying in the $3.3 range. The MEME sector ushered in a strong rebound again this week after being overheated by the market last week, and it is foreseeable that it will continue to maintain an upward trend for a certain period of time.
(Source: Coinmarketcap)
Bitcoin & Ether weekly performance
Bitcoin (BTC)
(Source: TradingView)
This week, the price trend of BTC basically continued to fluctuate after the opening, except for a wave of short-term correction in the middle of the week, most of the time it basically remained in the range of $70,000-710,000. The weekly price increase of this coin is the largest among the top mainstream coins, and there is a further upward trend, which is expected to break through the $71,000 level again in the near future.
Although the main price increases are concentrated in other popular sectors, BTC due to the landing of its ecological-related L2 applications this week, coupled with the approaching halving time, the market fomo sentiment is intensifying, so its price performance has begun to rise significantly, and it has begun to have a certain acceleration trend, and the closing stage of the weekend may usher in a further replenishment market.
Ether (ETH)
(Source: TradingView)
ETH's price trend during the week continued to maintain a strong correlation with BTC, and after the opening of the market, it experienced a continuous shock upward, and the price came to around $3680, but the overall growth was still weak, followed by a large decline, and began to rise near the end of the closing session. At present, the currency has maintained a slight fluctuation in the range of 3500-3600 US dollars, and there is no obvious upward and downward trend.
According to the analysis, the performance of ETH currency price during this week is basically consistent with the fluctuation trend of the market cycle, although the overall market is still rising, but it is subject to regulatory controversy outside the market, especially from the SEC, which makes the currency lack a more obvious recovery signal. However, there is a high probability that the closing session of the subsequent weekend will rise to a certain extent with the overall recovery of the market, but it may be difficult to break through the key price of $3,800 in the short term.
Web3 Project Trends
In addition to the poor performance of BRC-20, other types of projects are rising again, especially the performance of MEME-related tracks is impressive, and there will be a round of upward cycle until the end of the weekend.
| Item Category | Weekly Change | Top 3 Weekly Gainers | Overview |
| ----------- | ------ | ------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------- |
| Layer 1 | 3.6% | VIC,CORE,VANRY | The Layer 1 track has rebounded this week, but given that the market is still in a volatile adjustment cycle, in fact, the track has a small increase, and the performance of the top TOP projects is still average
| Layer 2 | 23.1% | HACD,SAVM, CYBA | Due to the landing of many related projects and the high market expectations this week, the actual performance of the Layer 2 track is very good, ushering in a round of overall growth
| DeFi | 3.8% | TRADE, AX, POI$ON | The DeFi track as a whole has picked up, liquidity has increased, and the growth of TOP coins has performed well, but TOP projects are still in a relatively stable market
| NFT | 11.1% | FRTN,TANK,ELAND | The NFT market began to recover this week, and the overall performance is acceptable, but the TOP projects are basically still the ones that are ranked lower, and the actual growth of the top projects is limited
| MEME | 27% | NUB,COYNIE,ELGATO | Compared with the market in the past two weeks, the track has fluctuated very sharply, basically in line with the corresponding fluctuation trend of market sentiment, and it is expected that the current market will continue until the closing stage of the weekend
| BRC-20 | -3.4% | # REON,MRET,BTCS | The downward trend of the BRC-20 track has been suspended this week, but it is still falling, due to the lack of relevant market attention, but the performance of the TOP project REON is hot, and most of the other projects have basically continued to decline
| AI | 15.3% | SPECTRE,VRSW,NFAI | The AI track has grown greatly this week with the recovery of the market, which is also related to the fact that the track project is more recognized by the mainstream of the market, and it is expected to continue to rise in the short term
| Solana MEME | 7.1% | WIF,BONK,BOME | Solana MEME ecology is driven by the market of the MEME sector, and once again shows a warming trend, although the growth rate is not particularly large, but it is mainly based on the head currency, and the actual total amount of funds is large
| DePIN | 19.8% | WNT,IOTEX WNT,OBOT | The DePIN track rose significantly this week, with the largest increase in WNT-related currencies during the week, but the overall growth distribution basically continued last week's market
Author: Charles T.
*This article represents the views of the author only and does not constitute any trading advice.
*The content of this article is original, the copyright is owned by Gate.io, if you need to reprint, please indicate the author and source, otherwise you will be held legally responsible.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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GateUser-9d4de340
· 2024-07-16 00:39
Buy the Dip 🤑
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CryptoWorldFourthGene
· 2024-03-30 02:03
The overall recovery of the crypto market this week, but the process is still accompanied by a certain amount of volatility, but the overall range is not large, and it has picked up again in the closing session near the weekend, but the overall market value growth is not particularly large compared to the same period last week, maintaining around $2.65 trillion, up 1.66% in 24 hours. Market sentiment continues to remain above 80 points and remains in the optimistic range. Most of the key mainstream currencies this week showed a weekly rally, but except for a few sector currencies, most of the currencies basically maintained a small range, basically below 10%. Overall, affected by the market decline last week, the crypto market is still in a correction cycle this week, and it is expected to usher in a round of overall obvious recovery over the weekend.
Web3 Investment Research Weekly|The market has picked up this week, the MEME sector has risen again, and WIF has the most outstanding performance; there are only about 20 days left before the Bitcoin halving...
Quick Facts of the Week
This week, the crypto market as a whole ushered in a recovery, but the process was still accompanied by certain shocks and fluctuations, but the overall amplitude was not large, and it has picked up again near the end of the closing session, but the overall market value growth is not particularly large compared to the same period last week, maintaining around $2.65 trillion, up 1.66% in 24 hours. Market sentiment continues to remain above 80 points and remains in the optimistic territory. Most of the key mainstream currencies showed an upward trend this week, but except for a few sector currencies, the rise of most currencies basically remained in a small range, basically less than 10%. Overall, affected by the lower market last week, the crypto market is still in an adjustment cycle this week, and it is expected that there will be a round of overall significant recovery over the weekend.
Compared with last week, the total amount of the cryptocurrency market this week showed a warming trend, but it was accompanied by a shock correction during the period, but the rise of certain mainstream currencies was more obvious, such as DOGE, which reached a significant increase of 44% in a week. At present, as we approach the closing stage of the weekend, and the BTC halving is approaching, the overall bullish sentiment in the market is still the mainstream, and it is expected that the weekend will usher in an upward trend, and continue to rise to next week before a slight pullback.
The ratio of the top 100 cryptocurrency projects in a week is about 80:20, and most mainstream currencies show an upward trend in the market this week, which is more related to the overall rebound of the market. The price of BTC has risen above $70,000 again within a week, with a weekly rise and fall of about 7.75%, and is currently maintaining a continuous fluctuation at $70,797. ETH's market is similar this week, but the volatility is greater, with the weekly low falling below $3,300, an overall increase of around 2.27%, and currently remaining at around $3,553.
This week, the market performance is still high in the MEME section, with WIF rising by 46.01% in 7 days, and the currency price is currently maintained around $3.36, ranking first in the weekly rise.
Although the overall market of the cryptocurrency market has recovered to a certain extent this week, the rally is unevenly distributed, not across the board, and individual currencies are still in a state of significant decline.
Crypto market
🔥 The crypto market ushered in price volatility this week, with a slight pullback in the middle of the week after a recovery.
🔥 Monday saw gains in multiple sectors, with 24-hour BTC +4.0% and ETH +3.6%; PENDLE prices, ONDO prices, AERO prices, DEGEN prices, and Base user weekly additions hit record highs, while Base ecological MEME and Solana ecological MEME generally increased.
🔥 $84.32 million OP, $37.53 million PRIME, $16.89 million YGG, $9.26 million AGIX, $6.68 million SUI, $900,000 ACA, and more will be unlocked this week.
🔥Negentropy pledged to donate $1 million to Slerf to support its NFTs.
🔥PUMP opens for trading tonight, with a market capitalization of $12.9 million based on initial liquidity.
🔥MEME drove Base TVL to exceed $2 billion, and the daily trading volume of DEXs on the Base Chain exceeded $200 million for many consecutive days in a week.
🔥The person in charge of the Base protocol said that the ERC20 migration tool BaseMigrate will be released.
🔥Scroll co-creation announced that it will launch 4844, DA Compression, proof aggregation, and more in the next few months.
🔥PENDLE FDV TOPPED $1 BILLION THIS WEEK.
🔥Circle executives interpret EU anti-money laundering regulations: the impact on self-custody wallets and CASPs is very limited.
🔥UniCross has announced the suspension of RUFI Mint due to congestion on the Merlin network.
🔥 An address donated to SLERF and transferred 1558.8 SOL to the compensation wallet.
🔥 The London Stock Exchange began accepting applications for BTC and ETH ETN on April 8, and plans to launch ETN trading on May 28.
🔥Fantom plans to parallel FVM, expand Sonic Labs grants, and more, with investments to be disclosed in the coming weeks.
🔥The Curio Ecosystem was attacked, with $16 million in losses.
🔥Vitalik posted a reference to ENS.
🔥 Musk asked Vitalik why he left the X platform.
🔥FTX will sell two-thirds of its Anthropic stake for $884 million.
🔥BRC20 will soon support 5-character and deployer MINTs.
🔥Blast Ecology Munchables was attacked, and the loss of $62.3 million was lost, but all of them have been recovered.
🔥 In the middle of the week, there was a slight correction in the market, with BTC -1.6% and ETH -2.9%; SUI price, ALT price, ETHFI price, NAVX price, WEN price, Base TVL, MicroStrategy stock price, BlackRock IBIT BTC holdings market capitalization reached an all-time high, and the RWA sector rose.
🔥 This week, about 20 projects announced (proposed) to complete a total of more than $230 million in financing.
🔥 In a week, BTC spot ETFs broke a five-day streak of net outflows.
🔥Casey said that if the market value of the Runes ecosystem does not reach $1 billion in the first month of its launch, he is ready to commit suicide.
🔥V-God has spoken in favor of decentralized staking with more anti-correlation incentives, account abstraction provides security and convenience for developers and users, Farcaster information is not stored in the blockchain to improve security and scalability, and the definition of the metaverse remains vague and requires a combination of cryptocurrency, virtual reality, and AI.
🔥 FLI, a nonprofit organization, disclosed that it had received $665 million in SHIB donations from V-God.
🔥 Grayscale Chief Legal Officer: The SEC did not conduct an in-depth discussion on ETH spot ETFs because a consensus has been reached on BTC ETFs on related issues.
🔥With a fortune of $18 billion, CZ made the Hurun list of the world's richest people, ranking 100th.
🔥 Illuvium has released a new roadmap and details of Private Beta 4.
🔥 Towards the weekend close, 24-hour BTC +1.4%, ETH +0.8%; ETHFI price, ETH liquidity repledge TVL, Base TVL, Blast TVL, Sui TVL, Deribit BTC options open interest expiring in March, ARKB daily net inflow hit a record high, and Fidelity FBTC daily net inflow hit a record low.
🔥 This week, nine projects announced a total of more than $100 million in financing.
🔥 The US BTC spot ETF saw a net inflow of $254 million yesterday.
🔥Casey, the founder of Ordinals, unveils the Runes documentation, introducing a monument upgrade mechanic.
🔥MerlinSwap has started airdropping esMP tokens, and the IDO of MP tokens has ended, with a subscription amount of more than $480 million.
🔥The BEVM mainnet went live this week.
🔥Outflows from KuCoin's EVM chain increased to $1.78 billion.
🔥Arbitrum and Azuki have teamed up to launch AnimeChain, an anime network.
🔥Ethena will airdrop 750 million ENA and list CEX on April 2.
🔥Ondo Finance introduces instant investment and redemption services, and OUSG funds transfer $95 million to BlackRock's BUIDL.
🔥 Ethereum blobs are being used to create inscriptions, and yesterday 2,437 blob inscriptions were created, which pushed blobs to reach a set capacity limit.
🔥 Huang's meme project, Bobaoppa, raised $38 million in SOL.
🔥LADYS launches Meme Phone.
🔥Fetch.ai. SingularityNET merged tokens with Ocean Protocol to form a decentralized AI alliance.
Regulatory Policies
🔥 Fed's Bostic said it could be more damaging to cut rates prematurely, with only one rate cut expected this year.
🔥 The SEC is seeking $2 billion in fines and penalties in the XRP case.
Crypto Market Highlights
⭐️ In the past week, the overall market of the cryptocurrency market has basically driven the trend of related currencies due to the influence of the popularity of individual sections, and the overall market is still in the adjustment cycle. Most of the altcoins entered a downward range towards the end of the week, but at the moment it seems that the magnitude is not large, and most of them are not affected by it. The resurgence of BTC prices this week also indicates that the market has begun to show clear upward signals in the past week, and we can expect the market performance during the weekend session.
⭐️ There are still a number of sectors in the market that have performed well this week, among which the MEME sector is also expected to rise again. Among them, WIF was the most prominent, with a weekly increase close to DOGE. The currency is currently up about 46% for the week, and the price is staying in the $3.3 range. The MEME sector ushered in a strong rebound again this week after being overheated by the market last week, and it is foreseeable that it will continue to maintain an upward trend for a certain period of time.
(Source: Coinmarketcap)
Bitcoin & Ether weekly performance
Bitcoin (BTC)
(Source: TradingView)
This week, the price trend of BTC basically continued to fluctuate after the opening, except for a wave of short-term correction in the middle of the week, most of the time it basically remained in the range of $70,000-710,000. The weekly price increase of this coin is the largest among the top mainstream coins, and there is a further upward trend, which is expected to break through the $71,000 level again in the near future.
Although the main price increases are concentrated in other popular sectors, BTC due to the landing of its ecological-related L2 applications this week, coupled with the approaching halving time, the market fomo sentiment is intensifying, so its price performance has begun to rise significantly, and it has begun to have a certain acceleration trend, and the closing stage of the weekend may usher in a further replenishment market.
Ether (ETH)
(Source: TradingView)
ETH's price trend during the week continued to maintain a strong correlation with BTC, and after the opening of the market, it experienced a continuous shock upward, and the price came to around $3680, but the overall growth was still weak, followed by a large decline, and began to rise near the end of the closing session. At present, the currency has maintained a slight fluctuation in the range of 3500-3600 US dollars, and there is no obvious upward and downward trend.
According to the analysis, the performance of ETH currency price during this week is basically consistent with the fluctuation trend of the market cycle, although the overall market is still rising, but it is subject to regulatory controversy outside the market, especially from the SEC, which makes the currency lack a more obvious recovery signal. However, there is a high probability that the closing session of the subsequent weekend will rise to a certain extent with the overall recovery of the market, but it may be difficult to break through the key price of $3,800 in the short term.
Web3 Project Trends
In addition to the poor performance of BRC-20, other types of projects are rising again, especially the performance of MEME-related tracks is impressive, and there will be a round of upward cycle until the end of the weekend.
| Item Category | Weekly Change | Top 3 Weekly Gainers | Overview | | ----------- | ------ | ------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------- | | Layer 1 | 3.6% | VIC,CORE,VANRY | The Layer 1 track has rebounded this week, but given that the market is still in a volatile adjustment cycle, in fact, the track has a small increase, and the performance of the top TOP projects is still average | Layer 2 | 23.1% | HACD,SAVM, CYBA | Due to the landing of many related projects and the high market expectations this week, the actual performance of the Layer 2 track is very good, ushering in a round of overall growth | DeFi | 3.8% | TRADE, AX, POI$ON | The DeFi track as a whole has picked up, liquidity has increased, and the growth of TOP coins has performed well, but TOP projects are still in a relatively stable market | NFT | 11.1% | FRTN,TANK,ELAND | The NFT market began to recover this week, and the overall performance is acceptable, but the TOP projects are basically still the ones that are ranked lower, and the actual growth of the top projects is limited | MEME | 27% | NUB,COYNIE,ELGATO | Compared with the market in the past two weeks, the track has fluctuated very sharply, basically in line with the corresponding fluctuation trend of market sentiment, and it is expected that the current market will continue until the closing stage of the weekend | BRC-20 | -3.4% | # REON,MRET,BTCS | The downward trend of the BRC-20 track has been suspended this week, but it is still falling, due to the lack of relevant market attention, but the performance of the TOP project REON is hot, and most of the other projects have basically continued to decline | AI | 15.3% | SPECTRE,VRSW,NFAI | The AI track has grown greatly this week with the recovery of the market, which is also related to the fact that the track project is more recognized by the mainstream of the market, and it is expected to continue to rise in the short term | Solana MEME | 7.1% | WIF,BONK,BOME | Solana MEME ecology is driven by the market of the MEME sector, and once again shows a warming trend, although the growth rate is not particularly large, but it is mainly based on the head currency, and the actual total amount of funds is large | DePIN | 19.8% | WNT,IOTEX WNT,OBOT | The DePIN track rose significantly this week, with the largest increase in WNT-related currencies during the week, but the overall growth distribution basically continued last week's market
Author: Charles T. *This article represents the views of the author only and does not constitute any trading advice. *The content of this article is original, the copyright is owned by Gate.io, if you need to reprint, please indicate the author and source, otherwise you will be held legally responsible.