📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
In the current crypto assets market, Bitcoin and Ethereum, as leaders, are at historical highs. However, not all crypto assets can share this glory. The performance of FIL (Filecoin) is concerning, currently hovering around $2.7.
Market analysis shows that the price trend of FIL is highly correlated with Bitcoin and Ethereum, but it appears to be in a more fragile state. If these two major crypto assets experience any decline, FIL may suffer a more severe blow, and its price could plummet rapidly.
What worries investors even more is that if the cryptocurrency market enters a bear market, the value of Bitcoin and Ethereum may be halved, while the decline of FIL may be even more severe. Some predictions suggest that in extreme cases, the price of FIL could even drop to around $0.2, which would be one-tenth of the current price.
Despite some market participants actively promoting FIL, an increasing number of investors are skeptical about it. They question whether this continued optimism towards FIL is based on solid market fundamentals or merely driven by the marketing needs of certain stakeholders.
In this market environment, investors need to stay alert and carefully assess the investment risks of various Crypto Assets. For tokens like FIL that are highly correlated with mainstream market trends but are showing weak performance, extra caution is required. At the same time, it is important to be wary of overly optimistic market predictions, adhere to rational analysis, and make informed investment decisions.