🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
A post labeled "BIG" on Trump's social media directly sparked a meme coin miracle on the Solana chain—the market cap soared to $5.3 million within 10 seconds. This explosive power driven by news once again proves the crypto market's extreme sensitivity to hot events.
On-chain data shows that the BIG token quickly attracted 5,148 addresses holding positions, but the good times didn't last long, as the market cap subsequently plummeted to around $360,000. This roller-coaster movement is a classic meme coin lifecycle: hot topic ignition → FOMO buying → liquidity drying up. Celebrity effect can indeed ignite market sentiment instantly, but the speed of the bubble bursting is often faster than its inflation.
From a trading perspective, these types of sudden events will continue to create sharp volatility in the meme sector in the short term. Experienced traders may be able to catch swing opportunities during the news window, but only with strict risk controls and fast execution. For most participants, chasing the top carries huge risks—by the time you see the news, the smart money may already be selling.
In the long run, the crypto market's performance still depends on fundamentals: regulatory stance, institutional adoption progress, and the pace of technological development. Political figures' involvement does bring extra variables, but these are more short-term disturbances than trend-changers.
Strategically, tracking large on-chain capital flows and social media sentiment indicators remains effective, but discipline is key—set clear stop-loss points and don't let one impulse ruin your long-term gains. The market never lacks opportunities; what’s missing is the patience to survive until the next one.