Gate Issue 69 Airdrop Order Number Earns $25, Issue 70 Coming Soon, Can BREV Continue Its Popularity?

According to the latest news, Gate’s Contract Points airdrop event for Issue 69 has been launched, with individual order returns approaching $25. The airdropped token for this period is BREV, a new coin that has been online for less than a month and is becoming a key promotional focus on the Gate platform. It is worth noting that the Issue 70 airdrop will go live tomorrow, with some parameter adjustments; the new token is GUSD.

How the Actual Returns for Issue 69 Are Calculated

Airdrop Mechanism Breakdown

This period’s airdrop is divided into two pools, and users can choose to participate based on the amount of Gate Contract Points they hold:

Pool Required Points Reward Points Consumed
Pool One ≥40 100 USDT Position Experience Voucher 20
Pool Two ≥140 100 BREV 20

The logic behind the nearly $25 return per order is straightforward: based on data, BREV’s current price is $0.234558, so 100 BREV is approximately $23.46. Adding the value of the 100 USDT experience voucher and considering the cost difference of points consumed, the overall return per order is close to $25.

Which pool is more cost-effective

This depends on two factors: first, the amount of points the user holds; second, their judgment of BREV’s future performance. If the points are less than 140, only Pool One can be chosen to receive the experience voucher. If the points are sufficient, one must weigh the risk and reward of BREV.

BREV’s Market Performance: High Popularity but Price Under Pressure

Recent Trading Data

According to information, BREV has been active in trading competitions. The total trading volume in the competition is capped at $1.2 billion, reflecting high market participation. However, the price performance is less ideal:

  • Current Price: $0.234558, down from a 24-hour high of $0.2485
  • 7-day decline: 30.76%
  • 30-day decline: 42.26%
  • Market Cap: approximately $580-590 million, ranked 384th
  • 24-hour trading volume: $350 million

Why is trading activity high but the price still falling

This phenomenon is common after a new coin launches. BREV was listed for trading only on January 6, and currently, only about 25% of the total supply is circulating (2.5 billion out of 10 billion). High trading volume often indicates frequent short-term trading and arbitrage activities, which do not necessarily support long-term buying interest. Data from the trading competition shows many participants are “reversing” in the contest, indicating market sentiment remains cautious.

Issue 70 Airdrop Coming Soon with Parameter Changes

Adjustments to the new pool

Issue 70 will go live tomorrow (January 23) at 18:00 UTC+8, introducing the new token GUSD:

Pool Required Points Reward Points Consumed
Pool One ≥40 100 USDT Position Experience Voucher 20
Pool Two ≥160 100 GUSD 60

Compared to Issue 69, the changes in Issue 70 are noteworthy:

  • The points threshold for Pool Two increases from 140 to 160
  • Points consumed increase from 20 to 60
  • The new token GUSD replaces BREV

This indicates that Gate is adjusting the scarcity and participation cost of the airdrop, and the individual order returns in Issue 70 are expected to be higher.

Points to Watch Moving Forward

Gate has been conducting airdrops quite frequently recently, maintaining a pace of launching new periods almost daily. This suggests the platform is using airdrops to encourage user participation in new tokens and to build user loyalty through contract points accumulation. For participants, this is an opportunity to experience new tokens, but it also requires continuous accumulation of Gate Contract Points to access better pools.

Although BREV’s price is under short-term pressure, trading activity remains high. Its future performance will depend on the project’s progress and market sentiment changes.

Summary

The $25 individual order return for Issue 69 mainly comes from the combined value of 100 BREV tokens and the USDT experience voucher. Despite the significant price decline since BREV’s launch, the $1.2 billion trading volume in the trading competition reflects ongoing market enthusiasm. The upcoming Issue 70 airdrop with parameter adjustments shows Gate’s ongoing optimization of the mechanism. For users with sufficient points, this is a continuous channel to experience new tokens, but they should also be aware of the price volatility risks after new tokens go live.

BREV-3%
GUSD0,01%
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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