🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Recently, the price of UNI has seen a pump, but this does not seem to have changed the overall weakness of the Crypto Assets market. Small cryptocurrencies (commonly known as "alts") are particularly fragile, and any slight Fluctuation in the market can trigger a large-scale pullback.
The current liquidity problem in the Crypto Assets market remains prominent. In this repeatedly fluctuating market environment, many projects face the risk of setting historical lows. Even more concerning is that some trading platforms have begun to gradually delist certain outdated projects. Even if new funds flow into the Crypto Assets market in the future, these projects may not be able to share in the benefits of a market recovery and ultimately may not escape the fate of being eliminated.
In such a market environment, there are mainly two types of projects that can survive long-term and achieve investment returns: one is projects with a practical profit model, and the other is projects with strong consensus or substantial financial backing. Projects that lack substantive development and media attention are likely to be gradually eliminated from the market.
Among many Crypto Assets, projects like SUI, WIF, UNI, and ETHFI continue to attract the attention of investors. These projects either due to their unique technological advantages or their application prospects in specific fields continue to capture the market's interest.
Overall, the current Crypto Assets market is in a differentiated stage. Investors need to be more cautious and focus on projects that have practical application value and long-term development potential, rather than blindly following short-term market Fluctuation.