🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Mega Altcoin Season: Where Are We in Terms of Merchandise, Will It Come? CEO of Analysis Company Commented! "I'm Not Guaranteeing, But..."
Crypto analysis company Alphractal and its CEO Joao Wedson pointed out the increasing stablecoin liquidity in the market and the dominance of Bitcoin, suggesting that a strong altcoin season could occur in the third quarter of 2025.
According to Alphractal's analysis, there has been significant growth in the stablecoin market in recent weeks. Stablecoins, with a total market capitalization approaching 250 billion, currently make up approximately 7.5% of the global crypto market. The largest share is taken by Tether (USDT). USDT represents over 66% of all stablecoins.
On the other hand, Bitcoin and stablecoins' total market dominance reached 73.5%. According to experts, this ratio is considered as a strong accumulation and uptrend precursor historically for the altcoin market.
The company's CEO Joao Wedson claimed that contrary to negative expectations for the altcoin market, the current conditions have serious upside potential. According to Wedson, while the majority of investors still approach the altcoin market with caution, the ample liquidity in hand could initiate a surprise rally towards these assets.
Despite the cautious atmosphere in the market, the Alphractal team believes that a parabolic rise in altcoins could be possible starting from the summer of 2025.
*Not investment advice.
For exclusive news, analysis, and on-chain data, follow our Telegram group, Twitter account, and Youtube channel! Also, start live price tracking by downloading our Android and IOS Applications!