📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
CEX: Retail investor demand has surpassed Bitcoin supply
[CEX: Retail investor demand has surpassed Bitcoin supply] CEX states that new buyers entering the Bitcoin market are regarded as "price insensitive" investors, and they are accumulating Bitcoin at a rate that exceeds the supply rate of miners, which could be favourable information for the future Bitcoin price. CEX analysts noted in Monday's market report: "Currently, the combined balance of these groups (new buyers) is rising at a speed of approximately 19,300 Bitcoins per month." Analysts emphasize that the groups of Bitcoin holders with less than 1 coin ("shrimp"), 1 to 10 coins ("crab"), and 10 to 100 coins ("fish") are increasing their Bitcoin portfolios at a pace far exceeding the current monthly issuance. Since the halving in April 2024, the monthly issuance of Bitcoin has been maintained at around 13,400 coins. Analysts stated: "This level of demand alone is enough to absorb all new supply." They added that these investors are continuing to buy regardless of price: "This trend of accumulation at the group level supports a broader bullish narrative, that new buyers entering the Bitcoin market are price insensitive buyers, who are relentlessly accumulating Bitcoin with almost no interruptions."