📢 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
Analyst: The strengthening of ETH may indicate that BTC's market share has peaked, and market funds are flowing into Ethereum and alts.
On July 16, according to Cointelegraph, crypto analyst Matthew Hyland stated that if the price of Ethereum continues to rise, Bitcoin's market dominance may have peaked. Hyland posted on platform X on Tuesday, saying: "If ETH breaks out into a rising trend against BTC and maintains a strong momentum, the likelihood of Bitcoin's market share having peaked is as high as 99%." In the past 7 days, Bitcoin's market share has fallen by 1.85%, and crypto trader Ash Crypto stated that this is because "funds are flowing into Ethereum and other alts." Generally speaking, an increase in Bitcoin's market share indicates that investors prefer Bitcoin over altcoins, while a decrease in dominance may suggest that the market has more confidence in the broader altcoin ecosystem. Crypto trader Cas Abbe noted that Ethereum is currently in a very clear 'bull flag' formation and is "approaching a breakout."