🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
It is not recommended to play with alts, mainly for the following reasons:
• Poor project quality:Many alts are just simple imitations of existing technologies, lacking core competitiveness. Some projects even have no actual application scenarios and exist solely for speculation; once the market conditions worsen, these projects can be easily eliminated.
• High price volatility: Alts lack widespread acceptance and a solid foundation, making their prices susceptible to various factors such as market sentiment and policy changes, leading to significant fluctuations. Investors may suffer serious losses in a short period.
• Insufficient liquidity: alts usually have lower trading volumes and poor market liquidity. This means that investors face significant bid-ask spreads in trades, making it difficult to execute at expected prices, and they may also struggle to find buyers in a timely manner when they need to sell.
• High manipulation risk: Due to the relatively immature and illiquid alts market, it is easily influenced by a few speculators or manipulators. These individuals may exploit the low liquidity market to manipulate prices, causing losses to investors.
• High risk of fraud: The altcoin market has some fraudulent activities or scam projects that attract investors through false advertising and promises of high returns, ultimately leading to the loss of investors' funds.