Project Updates

MARKETS SHOCKED: DELISTING DECISION FOR 33 ALTCOINS FROM Gate! The popular cryptocurrency exchange Gate has announced that it will delist 33 altcoins and their respective trading pairs that do not meet platform standards. This comprehensive delisting operation will take place on June 3, 2025, at 06:00 UTC. Users are strongly advised to take necessary precautions to prevent potential losses. Among the altcoins that will be delisted are ULD, SECOND, LNR, HER, ADF, LSD7, ARKS, FBX, ARBI, SOMM, FDC, MNZ, DEUS, RATIO, NBP, XPRESS, BLIN, KINE, JULD, PARA, ARES, MINI, EZ, ALY, DSLA, DINO, SOS, RMRK, AXIS, XCHNG, JGN, ATOMARC, and MSU. (Gate, 2025) Gate has already suspended deposit transactions for these altcoins. Margin and crypto lending services will cease as of May 28, 2025, at 11:00 AM TRT. Users need to close their Quantitative Grid Trading, Simple Earn, and margin trading before the specified date. The exchange will buy back altcoins that will be delisted at certain prices to reduce user dissatisfaction. While the buyback prices vary depending on the altcoin, the maximum buyback amount per user is generally set at 100 dollars. However, this limit has been raised to 1,000 dollars for RMRK, AXIS, XCHNG, JGN, and ATOMARC. (Cointelegraph, 2025) Users who wish to participate in the buyback process are required to submit their applications through Gate between June 16, 2025, at 19:00 UTC and June 22, 2025, at 19:00 UTC. Users who do not apply are obligated to withdraw their assets by July 3, 2025, at the latest; otherwise, the assets will be permanently deleted. Due to chain anomalies experienced specifically with the MSU altcoin, withdrawal operations have been temporarily suspended, and withdrawals will be held until contact is made with the project team. As a result, Gate's comprehensive delisting decision will have a significant impact on the altcoin markets and will once again emphasize that investors need to be cautious. #CryptoObservers# #gateio# #escoin# #elg# #EscoinToken#

#JULD# always works with delays, stands still for a long time but then explodes and goes well. Buy now - there will be no such price anymore.

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Recently, the Crypto Assets market has shown a diverse trend, with various alts performing differently, attracting widespread follow from investors. Ethereum (ETH) is currently consolidating around $3800, similar to the previous resistance level of $3700. Analysts believe that the short-term consolidation helps to absorb pressure and builds strength for future breakthroughs. Ripple (XRP) has recently experienced a trend of rising followed by a pullback. The market expects it may dip to around $2.7, followed by a new round of increases. It is worth noting that the real benefits for XRP may not become apparent until August. Solana (SOL) has been performing impressively recently. After some investors sold at the $170 position, they bought back around $150. Currently, the market is generally optimistic about SOL, believing it has the potential to reach a high of $500. Another notable one is SUI, which recently approached the $4 mark and is considered one of the strongest performing Crypto Assets in the past two years. Market analysts suggest that SUI's washout phase is nearing its end, and once it breaks through $4.2, its trend may mimic Ethereum, showing strong upward momentum. As market sentiment continues to heat up, investors are closely following the potential next surge opportunity. However, it is important to remind that the Crypto Assets market is highly volatile, and investors should proceed with caution and manage risks appropriately.

Mina Protocol is a lightweight Blockchain project based on zk-SNARKs, with a constant Blockchain size of about 22KB, addressing scalability issues and allowing ordinary devices to participate. It uses an attestation mechanism, simplifying Nodes to mobile devices, enhancing Decentralization. Mina has significant advantages in efficiency, security, and privacy protection, showing potential to become a key player in the future of Blockchain development.