Gate Research: Gate Supports World Cup Prediction Markets, SpaceX Pre-IPO and Tokenized Assets Gain Momentum

• Market Commentary: On June 12, BTC rebounded after dipping to $59,129 and climbed back above the $63,000 level, currently consolidating around $63,359; ETH recovered from a low of $1,505 to around $1,660, but the rebound remained relatively weak, with short-term price action still capped by moving averages. Overall, the market is in a post-selloff recovery and consolidation phase.
• Hot Tokens: Supported by improving market risk appetite and capital rotation back into small- and mid-cap assets, several tokens posted strong gains. VELVET surged 87.59% on renewed interest in the DeFi asset management narrative; MCTP rose 80.70% amid growing demand for high-beta, small-cap trading opportunities; and AI-themed project SKYAI climbed 54.15% as sector momentum and trading activity both picked up.
• Alpha Insights: SpaceX priced its IPO at $135 per share, and Gate now supports related Pre-IPO trading; the kickoff of the 2026 World Cup has quickly boosted interest in prediction markets, with Gate supporting related prediction market trading; meanwhile, Citi has launched a tokenized equity product, further expanding the connection between traditional private equity markets and on-chain assets.

Discover more details today → Gate Research: Gate Supports World Cup Prediction Markets, SpaceX Pre-IPO and Tokenized Assets Gain Momentum

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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
June 12, 2026

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