💥 Gate Square Event: #PTB Creative Contest# 💥
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CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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Recently, a blockchain project focused on ordinary users has attracted widespread attention. This EVM-compatible Layer 1 public chain achieved an astonishing 300% price increase in just a few days, rising from about $0.39 to nearly $1.84.
This significant price volatility has made the project one of the most notable new releases of the year. However, the real challenge lies in whether this upward momentum can be sustained. We can't help but ask if this will repeat the trajectory of other digital assets – a sharp decline after rapid growth in the early stages?
It is worth noting that the original intention of this project is to serve the mass consumer market, which may be its distinguishing feature. In the current cryptocurrency ecosystem, there are very few projects that can truly achieve daily applications for ordinary users, and the emergence of this project may fill this gap.
From a technical perspective, as an EVM-compatible L1 public chain, it provides developers with a familiar development environment while enjoying the advantages of an independent blockchain. This technical choice may attract more developers to join the ecosystem, thereby promoting the long-term development of the project.
Despite the high enthusiasm for the project in the market, investors still need to remain cautious. The high volatility of the cryptocurrency market is well-known, and any investment decision should be based on thorough research and rational analysis.
As the project progresses further, we will closely monitor its technical implementation, ecosystem construction, and the expansion of actual application scenarios. These factors will be key in determining whether it can establish a foothold in the highly competitive blockchain field.
In the future, whether the project can break through the 2-dollar mark and even reach higher levels will depend on its ability to continuously attract users and developers, and to prove its value in practical applications. The true value of blockchain technology lies in solving real problems and improving user experience, rather than just the short-term fluctuations in price.