- Pin
- Gate.io Suggested Topics Posting Event: #CPI Data Drops#
✍️ Please include the topic #CPI Data Drops# in your post.
💰 5 quality posters * each receive $10 Points
The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
- 📢 Gate Post Ambassador are Now Actively Recruiting! 🔥
💡 Join Gate Post Ambassador and embark on an exciting journey of creativity and rewards!
Why Become a Gate Post Ambassador?
🎁 Unlock Exclusive Benefits and Showcase Your Talent
- Special Benefits Tasks – earn while creating
- Exclusive Merch – represent Gate.io in style
- VIP5 & Golden Mark – stand out from the crowd
- Honorary Ambassador – shine in the spotlight
🚀 As an Ambassador, You Will Be:
- A key influencer in the community
- A creative leader in the Web3 space
- A driving force behind top-quality content
🎉 Click the link to be
- 🐣 Gate.io Easter Bunny Wonderland is Live!
🚀 Swipe to match Easter eggs, and share a $50,000 fabulous prize
🔥 Get 1 chance for your first login of the day: https://www.gate.io/activities/easter-2025
💡 Clear as many Easter eggs as you can. The more eggs you collect, the more rewards you get
More: https://www.gate.io/announcements/article/44292
#Easter2025#
Crypto.com's Cronos blockchain is considering a proposal to reissue 700 billion Tokens that were previously burned.
According to The Block, Cronos is considering a proposal to reissue 700 billion CRO Tokens that were destroyed in 2021, aiming to restore the total supply to the original 1000 billion CRO.
The proposal plans to place these 700 billion Tokens (approximately 63 billion US dollars) into a 'strategic reserve wallet' and set a five-year vesting schedule.
Cronos is a blockchain layer associated with the cryptocurrency exchange Crypto.com, considering the reissuance of 700 billion CRO Tokens that were destroyed in 2021, which will restore the total supply of tokens to the original 100 billion CRO.
This proposal suggests that Crypto.com plans to submit an Exchange Traded Fund (ETF) application for CRO, aiming to attract the growing interest of institutions in cryptocurrencies.
The 2021 destruction is hailed as one of the largest-scale destructions in crypto history, with the supply reduced from 100 billion to 30 billion CRO to support decentralization efforts before the launch of the Cronos mainnet.
The proposal has received criticism in the X community, with some calling it a "retreat" and others dubbing it "suspicious".
Crypto.com initially launched Monaco Coin (MCO) as part of its MCO Visa card program, later transitioning to its proprietary blockchain and rebranding MCO as CRO, which now serves as the native Token of Cronos Chain.
After rebranding as Cronos in February 2021, the mainnet developed using Cosmos SDK went live in November 2021. In addition, developers have also developed a Cronos zkEVM layer 2 blockchain on Ethereum.