#SHIB5L# What's going on? My 50,000 coins turned into 500. So, does that mean it will drop to 0.002?

SHIB1.26%
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FireOfGlazevip
· 01-03 07:51
Raising prices is just to fall, continue to harvest
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GoUpvip
· 01-03 07:39
Dear, currently the low unit price of multiple ETF products affects the trading convenience and price accuracy. In order to improve the trading experience of ETF products, we will conduct share consolidation operations on multiple ETF products around 14:00 PM (UTC+8) on January 3, 2025. This will affect the number of ETF holdings and the unit net value, but will not affect the total value of holdings (excluding the net value changes caused by price fluctuations during the operation period). The SHIB5L product shares will be consolidated at a ratio of 100:1, and the holdings quantity will be reduced to 1/100 of the previous amount, while the unit net value will rise by 100 times. Announcement: https://www.gate.io/en/announcements/article/42287
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