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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
Venue: Gate Chat Group
Time: Jan. 7, 04:00 AM (UTC)
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‣ The quiz has 5 easy questions about Gate
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Open Gate App » Click at the bottom of "Home"-"Chat" » Enter Gate Chat Group or
➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
Post with #MyFirstPostOnSquare to receive a $50 Position Voucher each
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Your crypto insights could inspire many—start creating today!
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Details: https://www.gate.com/announcements/article/47889Your First Words Matter!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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DOGE: How the market tricked the hamsters
Remember when DOGE was at $0.1677? The hamsters were screaming “TO THE MOON!!!”, opening 2x longs, and dreaming of Tesla. Meanwhile, the market was sitting back with a cigarette, saying, “Wait, let them bring in the liquidity themselves.” 😅
A couple of days later — DOGE dropped to $0.08385, margin calls went off like microwave ovens. All the liquidity with 2x-3x leverage flew to the bottom, and the coins shifted from the hands of sellers to the wallets of smart money.
Why did this happen?
Now, 60-70% of all DOGE reserves are in the hands of those who count with calculators, not memes. Their cost basis? $0.10-$0.14. While the hamsters shouted “I won’t sell!”, institutional players whispered, “Thanks, brother. We’ll buy it all.”
The $0.1677 level — it’s a portal
It’s not just a price. It’s the boundary between belief and reality. Now, the market is waiting for a new cycle to set off a “soft madness” to $1.20-$1.50. And then, 70% of the coins will be sold by those who bought at $0.50.
Moral: DOGE is a laboratory of human greed. Every cycle is the same: hamsters dream of the Moon, the market cuts them down, institutions take everything, and then they sell beautifully at $1.50.