Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A Solana trader just secured a hefty +$52.9K gain on $COW token with an impressive 4,606% return. However, the situation carries serious warning signs worth examining:
Market snapshot:
• Market Cap: $0.95M
• Liquidity Pool: $225K
• 24-Hour Trading Volume: $8.8M
• Price Action: Down 81% in the last 24 hours
While the gain looks spectacular on paper, the steep 81% price collapse signals extreme volatility and potential liquidity challenges. This pattern is typical of low-cap tokens where a single large position can trigger sharp reversals. The relatively modest liquidity against the trading volume raises questions about exit sustainability. Such moves reward early movers handsomely but leave latecomers exposed to severe drawdowns. It's a reminder that astronomical returns often come paired with equally dramatic risk factors.