As the crypto market entered a period of narrow-range fluctuation in mid-July, Gate.js's classic "New Thursday" promotion is making a grand return! This year's event not only completely lowers the barrier to entry but also cleverly combines Dogecoin, the representative of memes, with Tether Gold, a tokenized form of gold with safe-haven properties, injecting new interactive vitality into the market. In the current context of volatile macroeconomic sentiment and investors actively seeking risk diversification channels, this trading activity, combining entertainment and practicality, undoubtedly provides users with an excellent opportunity to accumulate assets.

The process for participating in this round of the event is designed to be extremely smooth and user-friendly, ensuring that all types of users can easily get started. Users only need to complete a simple registration to immediately receive a basic chance to win, achieving truly zero-barrier participation. To further increase the odds of winning, users can invite friends to join and guide them to complete contract trades of any amount. Each successful invitation unlocks an additional chance to win, and there is no limit to the invitation mechanism, meaning that traders with more active social networks will have more winning chips.
The reward pool configuration of this event demonstrates a high degree of attractiveness and targeting. Participants lucky enough to win the first category of the prize package will share a prize pool of up to 500,000 Dogecoins, providing ample room for imagination for traders keen on high-volatility assets. For users who prefer stable assets and are interested in precious metal investment, winning the second category of the prize package will allow them to share a prize pool of three Tether Gold tokens. Considering that the current international spot gold price is consolidating at a high level above $4,000 per ounce, the true value of this gold token reward is self-evident. Furthermore, when invited friends continue to engage in contract trading during the event period, an additional two gold tokens will be activated in a dedicated trading prize pool, allowing the inviter and their friends to share in the benefits of ecosystem growth.
The entire event's golden window is very tight, officially starting at 12:00 PM Beijing time on July 16th and continuing until 11:00 PM on July 19th. This short and fast pace is expected to ignite a surge in social media sharing and contract trading before the weekend, potentially having a positive impact on the contract holdings and liquidity of related assets in the short term.
For traders closely monitoring market trends, participating in Gate's "New Thursday" event is not only a low-barrier-to-entry opportunity to acquire mainstream assets, but also a crucial chance to deeply observe changes in market liquidity. Recently, Dogecoin has shown some price resilience around the ten-cent mark, while Tether Gold continues to be the preferred digital medium for hedging against inflation and geopolitical risks. By participating in this contract trading interaction, users can more keenly capture the fluctuations in retail investor sentiment in the platform's derivatives market. While enjoying the benefits of dual tokens, they can closely monitor the price and volume correlation of these two assets on the Gate trading dashboard, using this as an important reference for judging short-term market trends.
https://www.gate.com/campaigns/5534?ref=BVVEVQ9c&ref_type=132&utm_cmp=RMDl7pEt
https://www.gate.com/announcements/article/100689
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