📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Bloomberg: The NFT market has declined for the fifth consecutive quarter, with a significant shrinkage in volume.
BlockBeats reported on July 9 that, according to Bloomberg, the NFT sector, once a popular area for cryptocurrency traders and enthusiasts, seems to be far from its former glory. This once-booming field has seen its trading volume decline for five consecutive quarters. According to data compiled by DappRadar, the total trading volume of NFTs in the second quarter fell to $823 million, down from $4 billion in the same period last year. Although the total NFT trading volume in 2024 has decreased by 19%, marking the worst year in the sector's history, this year's data suggests that the market downturn has not yet reached its bottom. These numbers also reflect that digital assets represented by collectible cartoon avatars and viral memes are gradually losing their previous appeal.