Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A notable figure in the Solana ecosystem recently made waves by endorsing a token project—marking a significant departure from their usual stance. The token in question? $solbiscuit, which has attracted considerable attention and trading activity lately.
However, it's worth noting that this move appears driven more by momentum than fundamental conviction. The trading pattern shows multiple engagements that seem to contradict the longer-term thesis around the project. For traders, this reads as a classic momentum play rather than a vote of confidence in the asset's underlying value proposition.
The distinction matters: momentum-driven tokens can offer quick gains for nimble traders, but they typically lack the staying power of projects with solid fundamentals and organic adoption.