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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Altcoin FOMO cost half a million PEPE: Bought at the top and panicked to sell! - Coin Bulletin
A trader who bought with FOMO in the crypto market incurred a loss of $477,000 in 9 days after a 17.85% drop in PEPE token. Please provide the text to be translated.
Hasty buying and selling transactions in the cryptocurrency market continue to cause significant losses. The recent transaction made by an investor in PEPE revealed a remarkable loss.
According to data provided by Spot On Chain, a trader with the address 0x4ec purchased a total of 60,782 billion PEPE on December 10th by spending 4.75 WBTC and 150,000 USDC. This purchase, worth a total of $1.59 million, took place at the local peak of PEPE. However, with a 17.85% drop in the value of PEPE, the trader sold all their assets today for only 1.108 million USDT. This transaction resulted in the investor losing $477,000 in just 9 days.
In the cryptocurrency market, purchases made with "FOMO" (Fear of Missing Out) and panic selling can increase traders' losses.
According to CoinGecko data, PEPE is finding buyers at the 0.00001897 dollar level with a %12 loss in the last 24 hours.