📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Market Manipulation! You May Have Fallen Victim to a Whale Scam Without Even Knowing It
In the cryptocurrency market, large investors, known as whales, often manipulate prices to maximize their profits. One of the most common strategies is to create artificial liquidity to sell at the highest level. Bait is set up to attract unsuspecting retail traders. 📈 How does this trap work? 1️⃣ A large buy order is executed quickly, pushing the price up and triggering FOMO (Fear of missing out) among traders who believe they are missing out on a major price increase.