🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
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1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
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💥 Trump Imposes 100% Tariff on Chinese Goods – Crypto Market Shakes Strongly
☀️ Early this morning (11/10), President Donald Trump unexpectedly announced a 100% tariff on imports from China, after China took steps to restrict the export of rare earths – a crucial raw material for AI chips, high technology, and mining equipment.
🔥 This information is shaking the entire crypto market
• Over 19.1 billion USD worth of positions liquidated in just 24 hours according to CoinGlass.
• Approximately 1.6 million traders are affected.
• On Hyperliquid (Perp DEX), more than 10 billion USD in long orders were recorded as "burnt".
This is considered the largest liquidation in the history of the crypto market.
🔄 Update (Token ) of Somnia Network is also affected by the overall trend, dropping from 0.68 → 0.32 USD overnight, but has quickly recovered and is currently trading around 0.52 USD.
📌 The market is in a sensitive phase, brothers should maintain a strong mindset, manage risks, and closely monitor macro developments.
$SOMI
SomniaVietNam