🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Alliance DAO Co-founder: We do not believe that L1 Tokens are necessarily a bad investment, nor will we short them.
On November 29, QwQiao, co-founder of Alliance DAO, stated, “I do not think L1 Tokens are necessarily a bad investment. I certainly wouldn't short them. I just can't convince myself that they are particularly good investments. In a universe with thousands of optional assets, you can always find a small handful of 9/10 quality assets to hold. So why get hung up on 7/10 assets? I can sleep more soundly because every asset I hold has a solid moat, is in a track of exponential rise, and is reasonably valued.” Yesterday, QwQiao mentioned that it is hard to convince himself to hold L1 Tokens long-term because there is no “moat.”