📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
I forgot to send the picture in the previous message 😅
Last night, the market plummeted, and many people believe the reason lies with Trump, but that is just a factor related to news. The core reason is that the stablecoin $USDE de-pegged last night, causing many leveraged contracts using USDE as margin to be liquidated. Not only retail investors but also many market makers suffered heavy losses.
I have emphasized to everyone before that you should not hold any stablecoins other than USDT and USDC. Wasn't the lesson from the last bull market with LUNA and USTC painful enough? Once a stablecoin collapses, it goes straight to zero. Although USDE was de-pegged last night and has since recovered, that is because we are still in a bull market and the project has funds at hand. Once we enter a bear market, if a stablecoin de-pegs, it is highly likely to head towards zero, which will also drag down the entire market.