💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
In the current Crypto Assets market, FIL (Filecoin) is facing severe challenges. The lack of active participation from institutional investors makes it difficult for the coin price to show a significant pump trend. Even if institutions engage in uniform buying for several consecutive days, the market reaction is limited to a Sideways consolidation. Once this buying behavior stops, due to the daily fixed Token release amount, the value of FIL will continue to be diluted, resulting in ongoing losses for holders.
To maintain price stability for FIL, institutions need to continuously buy in the long term, which is economically difficult to sustain. Even if certain institutions hold a large amount of tokens and want to raise the price for sale, it will be difficult to achieve due to the existence of a large number of trapped positions above, making such operations unattractive.
The project team has performed poorly in driving development, leading to decreased community participation and a continuous decline in trading volume. The situation for miners is even more difficult, with most experiencing significant losses. The daily token release mechanism has effectively become a factor for automatic dilution of the coin price.
Overall, FIL is currently facing multiple dilemmas: insufficient technological innovation, lack of institutional participation in market making, low trading activity, continued dilution of coin price (a situation that may persist for many years), and an ineffective token burn mechanism.
In such a market environment, the price prospects for FIL are concerning. Without fundamental changes, its market performance may struggle to improve. This situation not only reflects the problems within the FIL project itself but also mirrors the broader challenges faced by the current Crypto Assets market, namely how to maintain value stability in the absence of strong market support and practical application scenarios.