✍️ Gate 廣場「創作者認證激勵計劃」進行中！
我們歡迎優質創作者積極創作，申請認證
贏取豪華代幣獎池、Gate 精美周邊、流量曝光等超過 $10,000+ 豐厚獎勵！
立即報名 👉 https://www.gate.com/questionnaire/7159
📕 認證申請步驟：
1️⃣ App 首頁底部進入【廣場】 → 點擊右上角頭像進入個人主頁
2️⃣ 點擊頭像右下角【申請認證】進入認證頁面，等待審核
讓優質內容被更多人看到，一起共建創作者社區！
活動詳情：https://www.gate.com/announcements/article/47889
$CFG token has experienced a recent sharp decline, with the main reasons being as follows:
Stimulated by news of Binance spot listing and Upbit listing, CFG surged sharply by over 55% - 180%, reaching a high of $0.25. After this spike, a large number of investors took profits, causing the price to quickly retreat to the $0.16 - $0.18 range, with a 24-hour decline of 2% - 17%, and even an overnight sharp drop.
Additionally, the final migration window has opened, causing some unmigrated token holders to exchange or liquidate their positions, increasing selling pressure. Token holdings are highly concentrated, with the top 5 addresses accounting for over 40%, which is prone to triggering cascading panic. Combined with short-term pullbacks in the RWA sector, adjustments in leveraged positions, and a fade in FOMO sentiment, downward pressure has intensified.