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- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #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!
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🚀 How to participate:
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- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Algorand (ALGO) To Rise Higher? Key Breakout Retest Signals Potential Upside Move
Date: Sun, June 08, 2025 | 03:10 PM GMT The cryptocurrency market is bouncing back strongly after Thursday’s sharp sell-off, which briefly dragged Bitcoin (BTC) to a low of $100,430 and Ethereum (ETH) to $2,387. However, the tide has turned—BTC has reclaimed levels near $106,000, while ETH has recovered to around $2,510. This broader rebound is now lifting sentiment across altcoins, including Algorand (ALGO). However, $ALGO is still trading in the red, and but now a closer analysis of the chart reveals that the asset may be preparing for its upward movement following a breakout and successful retest.
Source: Coinmarketcap Falling Wedge Breakout and Retest On the 4-hour chart, ALGO recently broke out of a falling wedge pattern, which had kept its price locked in a steady downtrend since late May. The breakout occurred on June 7, when ALGO managed to push above the upper boundary of the wedge and touched a local high of $0.1936.
Algorand (ALGO) 4H Chart/Coinsprobe (Source: Tradingview) But the momentum was short-lived as the broader market faced a temporary dip, pulling ALGO back down for a retest. This retest landed right on the former resistance-turned-support trendline near $0.1862, and impressively, the bounce held. ALGO has now reclaimed levels above $0.19 and is attempting to break past its next key hurdle—the 50-day moving average and the previous high around $0.1936. If this momentum continues, the next targets would be the $0.2031 zone and then the 200-day moving average at $0.2161. A move toward this level would represent a 13% upside from current prices and could confirm the end of the downtrend structure that dominated the past two weeks. What’s Next for ALGO? ALGO is currently at a technical crossroads. If it successfully clears the $0.1936–$0.20 resistance, backed by strong volume and a broader market push, the next leg toward the 200-day moving average could play out swiftly. As long as ALGO holds above its breakout level and benefits from overall crypto market strength, the bullish scenario remains in play. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.