🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
As 2025 winds down, crypto's in a wild ride. Bitcoin and Ethereum open interest? Nearly at all-time highs again. Kinda like déjà vu from earlier this year.
Ethereum just went bonkers. Hit $4,950. New record. Why? Bitmine and SharpLink went on a buying spree. ETH open interest shot up to $70 billion in August. Now it's around $55 billion. Still pretty impressive.
Bitcoin's holding its own. Open interest near $80 billion. Not quite July's $86 billion, but hey, traders are still all in.
Usually, when open interest gets this high, things slow down a bit. Happened after February's peak. And in summer. Sometimes it's a quick breather, sometimes longer. It's not an exact science.
Looking at the last quarter of 2025, crypto folks are buzzing. If history repeats, we might see another open interest surge. Maybe more price rallies for Bitcoin and Ethereum. End of September could kick off something big.
The crypto market's full of curveballs. But current data? It's painting quite a picture. Strap in. The next few months in digital assets? Might be one hell of a rollercoaster.