📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
#Gate Blue Challenge#
The crypto market is facing strong headwinds, as Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), and Celestia (TIA) have experienced double-digit losses, triggered by the US July PPI data coming in higher than expected, resulting in over $1 billion in liquidations.
FARTCOIN: After a 12% decline on Thursday, it rose slightly by 2% on Friday, remaining above the 200-day exponential moving average, with a price of $0.9656. A breakout above $1.00 could trigger a rebound, but there is a risk of further decline if it falls below the support level.
Virtual: Dropped over 13% on Thursday, now facing the risk of a death cross as the 50-day and 200-day exponential moving averages converge. The support at $1.12 remains crucial, while a return to $1.45 requires confirmation of strength.
TIA: After a nearly 13% drop, it rebounded by 2%. It faces resistance near the 100-day EMA, with $1.310 being a key downside support. If it can decisively break through $2.07, it may reignite the upward trend.
Overall, market sentiment remains cautious. The expectation of a Federal Reserve rate cut has reached 94%, with political calls for further rate cuts; the next steps may strengthen the recovery or prolong the bear market fluctuations in the crypto market.
#FARTCOIN # Virtual #TIA # July PPI #Crypto Market