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- 🎄 Gate Square · Christmas Warmth Creation Event
❄️ Winter is cold, but Gate Square is here to warm you up!
Post continuously on Gate Square for a chance to win heartwarming Christmas gift boxes + over 1000 USDT position voucher!
📅 Event Period: Nov 20 04:00 – Nov 27 16:00 UTC
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🎅 How to Participate
1. Post on Gate Square using the hashtags #Gate广场圣诞送温暖 or #GateChristmasGiveaway
2. Content can include market moods, Christmas wishes, investment insights, encouragement posts, lifestyle shares, memes, and more.
3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
👤 Featured Creator: @吉川富郎君
💬 The secret of top traders: one word — Patience.
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⏰ Event Time: Nov 19 10:00 – Nov 26 16:00 UTC
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1️⃣ Follow Gate_Square
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3️⃣ Tap the Post button and publish your post with the hashtag #MySuggestionsforGateSquare
✍️ Post Examples
1️⃣ Which features do you use the most? What is your experience?
2️⃣ Which features cou - 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
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Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
While the Chainlink ecosystem is developing, the LINK bulls are not sitting idle! Will the rise continue?
Chainlink (LINK), an innovative network that connects smart contracts to real-world data, is seeing a significant increase in network activity. This caused a strong bullish sentiment in the price. Recently, the network's address activity has seen a 10% increase. In addition, user engagement and on-chain activity have soared. However, the bid-sell volume imbalance is 7% in favor of the bulls. This indicates that LINK has stronger demand compared to its market supply.
These bullish indicators have also given a positive momentum to Chainlink's price. In the past weeks, the altcoin's price has rallied significantly, with an increase of 26% since reaching the local bottom. The price is trading around $6.3 at the time of this writing. This bullish trend indicates renewed investor interest and a possible end to the bearish momentum that has gripped the token for several months.
What is the reason behind the LINK rise?
The emerging DeFi industry plays a crucial role in Chainlink's uptrend. Chainlink's oracles are becoming an essential tool as DeFi platforms seek to integrate real-world data into their smart contracts.
This has not only resulted in an increase in the use of Chainlink. It also positively impacted LINK's price action. As the DeFi ecosystem continues to expand, the demand for Chainlink's services is expected to potentially drive the price of LINK even higher.
In addition, the ongoing enhancements and partnerships of the ecosystem contribute to network efficiency. As more platforms adopt Chainlink's technology, the dynamic of the ecosystem is growing. This is reflected in the on-chain metrics and then the price of LINK.
However, as with any cryptocurrency investment, it is crucial to consider the inherent risks. With Chainlink's current on-chain data and price action bullish, investors should watch for broader market sentiment.
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