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- 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward - 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
SPELL (Spell Token) rose 16.49% in the last 24 hours.
Gate News Bot news, August 7, according to CoinMarketCap, as of the time of writing, SPELL (Spell Token) is currently priced at $0.00054336, with a rise of 16.49% in the last 24 hours, reaching a high of $0.00061835 and a low of $0.00044479. The 24-hour volume reached $145 million. The current market capitalization is approximately $89.4 million, an increase of $12.7 million compared to yesterday.
Abracadabra is a lending platform based on Ethereum, allowing users to borrow MIM stablecoins by collateralizing interest-bearing assets. SPELL is the governance token of the Abracadabra platform, and holders can participate in platform decision-making.
Important recent news about SPELL:
1️⃣ DeFi market sentiment warms up Recently, the DeFi sector has shown an overall warming trend, and as the governance token of the well-known DeFi lending platform Abracadabra, the price performance of SPELL has also benefited accordingly. The renewed interest of investors in DeFi projects may be one of the important factors driving the rise in the price of SPELL.
2️⃣ Governance participation increase As the cryptocurrency market gradually stabilizes, the enthusiasm of SPELL holders to participate in the governance of the Abracadabra platform has increased. More users participating in the decision-making process not only enhances the platform's decentralization but also increases the utility value of the SPELL token, potentially attracting more long-term investors.
3️⃣ Increased Lending Demand The changes in the global economic environment may have led to an increased demand for decentralized lending services. The unique yield-bearing asset collateral mechanism of the Abracadabra platform may be more attractive in the current market environment, indirectly boosting the market performance of SPELL.
From a technical perspective, the price of SPELL has experienced a significant pump in the short term and may face some pullback pressure. Investors should closely monitor the overall cryptocurrency market trends and the changes in user activity on the Abracadabra platform to reasonably assess investment risks.
This message is not investment advice; investors should be aware of market volatility risks.