🚀 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
Daily Market Wrap | Oct. 11
Hot Topics
Amid broad macro jitters—including talk of Trump’s 100% China tariffs, U.S. shutdown uncertainty, elevated leverage, and thin liquidity—crypto saw ~$16B in long liquidations, pushing BTC below $110K and straining USDe.
Russia notes 20M citizens hold $10B in crypto; central bank to let banks enter under strict rules.
Market Updates
Metaplanet paused warrant exercises for 20 days to avoid dilutive share sales funding Bitcoin buys, as its stock hit a cycle-low 1.05x NAV amid a 70% drop.
Galaxy Digital secured a $460M private investment from an unnamed major asset manager to expand its Helios AI/HPC data center, with shares up 3% post-market.
A Hyperliquid wallet lost $21M in crypto due to a private key leak, with funds bridged ethereum and obfuscated, per PeckShield.