📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Looking back at the Virtual Money market in 2021, it is not difficult to find that the "zoo market" was unprecedentedly hot at that time. During that bull run, animal-themed Crypto Assets skyrocketed in price, leaving people astonished. Many investors became overnight millionaires, creating numerous on-chain wealth myths.
Nowadays, the market seems to be brewing a new wave of Meme coin craze. Unlike the previous round themed around dogs, this time the focus may shift to cat-themed projects, especially on the Solana blockchain. From a global perspective, there are about 700 million dogs and 500 million cats. After the dog-themed projects were repeatedly hyped, the market has started to turn its attention to cats.
It is worth noting that cat-themed Meme coins are not a new phenomenon. As early as 2011, related Crypto Assets were born and remained resilient in the market. This phenomenon may suggest that cat-themed Meme coins could have lasting vitality and market appeal.
However, we must also be aware that the price fluctuations of cryptocurrencies themed around dogs or cats are often drastic and carry higher risks. Investors need to be particularly cautious when participating in such investments and fully assess the risks.
At the same time, mainstream Crypto Assets such as Bitcoin and Ethereum remain the backbone of the market. Their trends often influence the direction of the entire Crypto Assets market. Therefore, while focusing on emerging Meme coins, one should not ignore the developmental trends of these mainstream coins.
Overall, the Crypto Assets market is undergoing a new round of transformation and opportunities. Whether it's the emerging cat-themed Meme coins or the already established Dogecoin, they all reflect the vitality and innovation of the market. However, we must also remain vigilant about the risks involved and maintain a rational investment attitude.