Interesting take. Long term you're probably right in either situation, but less supply would increase speculative volatility.

🚀 Gate $PUMP Futures Trading Challenge is Now Live!
Trade & check in daily to earn 370 USDT — join now: https://www.gate.com/campaigns/2001
Share a 50,000 USDT Prize Pool
🎯 Earn daily check-in rewards, deposit to claim airdrops, plus exclusive perks for all
Announcement link: https://www.gate.com/announcements/article/47104

🎉【Gate Singapore Flagship Events · Square Fun Quiz Challenge Day 2】
Square fam! The Gate Singapore flagship events kick off on Oct 1, and the Token of Love stage at Gardens by the Bay is about to set the vibes on fire! 🎶
Let’s light up the Square early—who’s your pick? Cheer your favorite artist with emojis! 👇
HyunA 🐉
SUECO 🤘
KAKA 🎹
CLICK#15 🎤
💬 Comment with your favorite artist’s emoji + your mood (e.g. 🐉🔥) for a chance to win!
🎁 Rewards: 3 lucky winners → $10 BTC each
🎁 Bonus: Get all 3 days correct → Extra $10 BTC for the Super Quiz King!
This is more than a fan party—it’s the m

💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st

🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
Share your creations with trending topics and get a chance to split $5,000 in rewards! 🎁
👉 Join now: https://www.gate.com/campaigns/1953
💡 How to Join:
1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
2️⃣ Your content should follow the daily trending topics posted by [Gate _Square], and include both hashtags.
3️⃣ The more posts, higher quality, and greater engagement — the bigger your rewards! 🚀
💰 Creator Rewards:
🏆 Top 1: Bulgari Mid-Autumn Gift Box + $100 Futures Voucher + $100 GT
🥈 Top 2: Bulgari

🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic