Gate Research: ME Surged Over 39% in 24 Hours | Major U.S. Stock Indices Saw a Broad Pullback

• Market Commentary: On December 22, BTC stabilized and rebounded quickly after a sharp intraday pullback, currently consolidating within the 88,800–89,000 USDT range. ETH also recovered swiftly after a steep decline, rebounding from around the 2,775 USDT level and showing short-term stabilization.
• Trending Tokens: Benefiting from sector-specific catalysts and innovative narratives, RAVE surged 84.45% driven by its Christmas campaign. ZKP and BEAT also posted strong gains of 82.79% and 64.36% respectively, supported by rising trading activity and improving market sentiment.
• Alpha Insights: Address poisoning scams resurfaced, resulting in approximately $50 million in USDT losses for crypto users; Hilbert Group acquired Enigma Nordic for $25 million, strengthening its institutional-grade crypto trading布局; transactions involving Tether-linked entities acquiring Northern Data’s Bitcoin mining operations have drawn renewed market attention.

Discover more details today → Gate Research: ME Surged Over 39% in 24 Hours | Major U.S. Stock Indices Saw a Broad Pullback

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team

Gateway to Crypto
Trade over 4,400 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate's official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves