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MENA Crypto Assets Trading Guide: Insights into Market Pulses, Seizing Opportunities and Risks

In today's cryptocurrency market, where fluctuations have become the new normal, the Middle East and North Africa (MENA) region is embracing the digital asset revolution at an astonishing pace. With the collision of the traditional oil economy and blockchain technology, traders in the MENA region are demonstrating unique ways of market participation.

On the Gate.io exchange, on November 18 alone, the price of the JCT (Janction) token surged by 26.25%, while KITE fell by 13.48%. This extreme price fluctuation is both a risk and an opportunity, and accurately grasping the market rhythm has become an essential skill for MENA traders.

01 Market Fluctuation Intensifies, MENA Traders Face Challenges

The Crypto Assets market has recently shown a continuous adjustment trend, with overall Fluctuation intensifying. According to SoSoValue data, the Crypto Assets market has experienced a decline for three consecutive days.

In the past 24 hours, the market has generally declined by between 2% and 7%. This widespread adjustment affects crypto traders in every corner of the globe, and the MENA region is no exception.

The Layer 2 sector suffered a heavy blow, with a decline of up to 7.13%. Among them, Starknet (STRK) dropped by 21.17%, and SOON (SOON) fell by 30.60%. Despite this, Movement (MOVE) rose by 2.70%, demonstrating the resilience of certain tokens.

The market leader Bitcoin (BTC) fell by 4.08%, briefly dropping below the $90,000 mark and giving back all its gains for the year. Ethereum (ETH) also declined by 2.93%, briefly falling below the psychological barrier of $3,000, which has put considerable pressure on MENA traders who prefer mainstream coins.

02 Current Status of Crypto Assets Adoption in the MENA Region

The adoption of Crypto Assets in the MENA region is experiencing rapid growth, especially in the Gulf countries. The UAE and Saudi Arabia are actively building their positions as regional Crypto Centers by attracting global crypto companies through clear regulatory frameworks.

In the MENA region, the attractiveness of crypto assets mainly comes from three factors:

  • Demand for protection against local currency Fluctuation
  • Convenient cross-border payment solution
  • High growth potential investment opportunity

The fluctuation of the Rand also affects the decisions of local traders, with the Malaysian Rand slightly declining against the US dollar, reported at 4.1520. The volatility of this traditional currency is driving more investors towards Crypto Assets alternatives.

Gate.io has become an important platform for MENA traders, with the dramatic fluctuations of tokens such as JCT on the platform reflecting the activity level of traders in the region.

03 Opportunities and Risks on Gate.io Exchange

At Gate.io, traders can find high return opportunities while also facing corresponding risks. The market fear and greed index has reached 16, indicating that the market is in a “historical fear” state.

This extreme state of fear often signals that the market bottom is near, providing opportunities for savvy traders.

Token performance shows polarization

At Gate.io, different tokens exhibit significant price differences:

  • JCT (Janction): Rose by 26.25% in 24 hours, peaked at $0.01, with a market cap increasing to approximately $534,000.
  • KITE: The 24-hour decline reached 13.48%, showing a “high and low” state.
  • GateToken (GT): Price $10.92, 24-hour trading volume reaching $1.12 million, market dominance at 0.097%.

Extreme fluctuation is both popular and risky among MENA traders. After JCT surged 141.87% on November 11, it significantly pulled back 47.08% the next day. Such a roller coaster market requires traders to have a very strong risk tolerance.

Large capital flow

Blockchain data shows that on November 18th at 07:36, 2,999,900 ASTER (worth approximately 3.54 million USD) were transferred from Gate to an anonymous address. Such large fund movements often indicate actions by big players, and MENA traders need to pay close attention to these signals.

04 Practical Strategies for MENA Traders

To survive and thrive in a fluctuating market, MENA traders need to adopt a more cautious strategy. “Buy on fear, sell on greed” has become a wise choice in the current market environment.

Portfolio Recommendations

There is an analysis suggesting that the ideal Crypto Assets wallet configuration is: 60% BTC and 40% ETH. This relatively conservative configuration is suitable for risk-averse traders, especially during periods of high market Fluctuation.

For BTC, the key support level is in the range of $98,000-$100,000, which may be a historic buying opportunity.

Key Points of Risk Management

  • Position Management: Avoid heavy investments in any single token, especially in high fluctuation small-cap tokens.
  • Stop-loss strategy: Set clear exit points for each trade to prevent emotional decision-making.
  • Information Verification: Be wary of market rumors and rely on reliable data sources to make trading decisions.

Utilize platform resources

Gate.io offers a variety of educational resources and market analysis tools, such as the Gate Connect market analysis conference, which can help MENA traders enhance their trading skills and market understanding.

05 Future Outlook and Summary

Looking ahead, GateToken (GT) is expected to average a price of $11.03 in 2025, with a potential fluctuation range between $9.48 and $16.10. By 2030, the GT price could reach $29.87, representing an approximately 89% increase from current levels.

For cryptocurrency traders in the MENA region, it is crucial to understand the combination of global trends and local characteristics. The unique financial environment and regulatory attitudes in the region create special market conditions that require traders to have the ability to adapt flexibly.

Cryptocurrency trading in the MENA region is not only about technical analysis but also requires insight into regional policies and global capital flows.

According to data from Gate.io, the BTC/USDT trading pair accounts for 38% of the platform's total trading volume, valued at 1.41 billion USD, indicating that mainstream coins remain the preferred choice for traders in the MENA region.

Future Outlook

Dubai's crypto entrepreneur Ahmed Al Qasimi once pointed out: “In this market, the speed of knowledge transfer determines the direction of wealth distribution.” In a Dubai café in the early morning, young traders are closely watching the price increases of tokens on the Gate exchange platform. The flashing screens of their mobile phones display not only price charts but also a glimpse into the financial future of the MENA region.

As news of the U.S. Federal Reserve's policy shift spreads worldwide, trading teams in Riyadh and Kuwait have already adjusted their GT holdings. In this sleepless market, the sun always rises first for those who are ready to embrace it.

KITE-0.74%
STRK2.2%
SOON0.71%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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