💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
#AreYouBullishOrBearishToday? Today's Market Pulse: Bears in Control, Bulls in Retreat
October 11, 2025 was a turbulent day for crypto investors. U.S. President Donald Trump’s announcement of potential restrictions on technology exports to China triggered a wave of risk aversion across global markets. This shock, combined with the heavy use of leveraged positions in the crypto space, led to sharp sell-offs. Bitcoin’s drop to $102,000 set the tone for the entire market.
🔻 Top 4 Falling Coins and Project Analysis
1. Bitcoin (BTC)
The pioneer of cryptocurrencies, Bitcoin suffered a steep decline due to macroeconomic uncertainty and liquidation of leveraged positions. Although often seen as a safe haven, large investors closed positions, dragging the price down to $102,000. On-chain data suggests long-term holders are not panicking—yet.
2. XRP (Ripple)
Designed for fast interbank transfers, Ripple lost nearly 18% in value due to regulatory fears and investor panic. The project, which enables low-cost transfers via RippleNet, came under pressure as its legal battle with the SEC resurfaced.
3. Dogecoin (DOGE)
A community-driven meme coin, Dogecoin dropped by 22% amid speculative selling. Once popularized by Elon Musk, the project has struggled with technical weaknesses and limited real-world utility, eroding investor confidence.
4. Shiba Inu (SHIB)
Built on Ethereum, Shiba Inu fell by up to 25% due to leveraged liquidations and waning community interest. Despite efforts in decentralized exchange and NFT development, the project remains vulnerable to volatility.
Top 4 Rising Coins and Project Analysis
1. Chainlink (LINK)
Chainlink, which connects real-world data to blockchains, rose 12% thanks to growing demand from DeFi projects. Its oracle solutions provide reliable data feeds for decentralized apps, and the project bounced off a strong technical support zone.
2. Render Token (RNDR)
Render, a decentralized GPU-sharing network, gained 15% amid increased usage in AI and metaverse projects. By allowing creators to share rendering power, it has become especially popular among visual artists.
3. Injective (INJ)
Injective, a decentralized derivatives exchange, climbed 18% following new product launches and staking rewards. With fast and low-cost infrastructure, the project is gaining traction in the DeFi space, backed by a strong developer community.
4. Celestia (TIA)
Celestia, offering modular blockchain infrastructure, surged nearly 20% due to developer interest and new integrations. Its layered architecture enables scalability and serves as a foundation for emerging projects.
Investor Sentiment: Fear, Opportunity, and Community Reactions
- Fear Index: Widespread fear dominates the market. Liquidation of leveraged positions has made investors cautious.
- Opportunity Seekers: Long-term investors view the dip as a buying opportunity, turning to projects like LINK and RNDR.
- Community Response: XRP and DOGE holders are sharing losses on social media, while TIA and INJ supporters highlight their projects’ technical strengths.
Overall Market Outlook
Total market cap dropped to $2.15 trillion.
$19 billion in liquidations occurred within 24 hours.
Approximately 1.6 million investors lost their positions.
Today’s market sentiment is clearly bearish. However, such downturns often present golden opportunities for long-term investors.