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
The recent market movements have been quite interesting. Cryptocurrencies like XRP, ADA, and DOGE have surged over 10% overnight and are still climbing. Looking back a few days, during the lowest point, these altcoins experienced the sharpest declines, while BNB and mainstream coins (BTC, ETH) showed strong resilience.
What is the current situation? Mainstream coins are consolidating sideways, with BNB's gains being minimal or even still declining slightly. This raises a question: why are altcoins leading the rally instead?
Honestly, this phenomenon usually follows a certain rhythm. The rapid shift from sharp decline to rapid rise is often not driven by natural buying pressure. More often, it’s the big players (or market manipulators) following a set strategy—first scaring retail investors into panic selling, then pushing prices up to attract those chasing gains. When the market sentiment is fully ignited and funds rush in to chase the rally, it’s the moment to harvest profits.
So, when you see altcoins soaring, don’t rush to follow the trend. Ask yourself what is driving this market move—are the fundamentals changing, or are you simply being attracted by emotions and price volatility? Usually, the latter is the real reason.