🌕 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
ETH breaks through $4700, low NVT ratio indicates undervaluation
[Coin World] The trading price of Ethereum is close to $4,700, and its network value to volume ratio (NVT) is far below historical averages, indicating it may be undervalued. Despite undergoing technical upgrades, such as the transition to attestation (PoS) in 2022, the price of ETH remains volatile due to macroeconomic and regulatory factors. However, the rise in volume, the increase in the use of Decentralized Finance and NFT, and the adoption of Ethereum-based products by institutions suggest that the fundamentals are strengthening. Analysts believe that the current price may not fully reflect the network's growing utility and long-term value.