New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
DEGO Finance has once again highlighted the extreme volatility inherent in the altcoin market with the sudden and severe price drops on June 4, 2025. This drop is considered a market mechanics event triggered by a combination of selling pressure from large investors and shallow liquidity in the market, rather than fundamental project issues. The DEGO team has stated that there are no changes to the core principles of the project or its long term vision, and emphasized that it continues its mission to promote innovation in the fields of DeFi, AI, and MEME culture.
Although the current market conditions indicate volatility for DEGO in the short term, the project's ongoing development efforts, (USD1 liquidity support, AI-supported NFTs, cross-chain integrations), and strategic partnerships demonstrate that it maintains fundamental strength. Various analyst forecasts indicate that there is significant recovery and growth potential for DEGO in the long term. This optimism is supported not only by the project's own advancements but also by broader macroeconomic factors such as the rise of Bitcoin and Ethereum, institutional adoption, and potential interest rate cuts, which have a generally positive impact on the crypto market.
However, factors such as DEGO trading approximately 90% lower than its all-time high and the anonymous nature of its team increase the asset's fragility. Given the high risks inherent in altcoins, it is crucial for investors to adopt solid risk management strategies such as portfolio diversification, setting realistic expectations, using stop-loss orders, and only investing amounts they can afford to lose. Conducting their own research and carefully monitoring market sentiment is essential for making informed decisions in this dynamic and speculative market.