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- 💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833 - 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
💬 Stay clear-headed in a bull market, calm in a bear market.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @Surrealist5N1K
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode5
3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, th
FOLKS (Folks Finance) increased by 57.29% in the past 24 hours.
Gate News Bot Report — November 7th
According to CoinMarketCap data at the time of reporting, FOLKS (Folks Finance) is currently priced at $3.97, up 57.29% over the past 24 hours. The token reached a high of $7.83 and a low of $2.52 within the same period, with a 24-hour trading volume of $8.99 million. Its current market capitalization is approximately $48.4 million, an increase of $1.76 million from yesterday.
Folks Finance is a community-driven decentralized platform offering permissionless DeFi tools across multiple networks. The platform provides a full suite of DeFi services including lending, staking, and trading, making it one of the largest protocols on the Algorand network. Folks Finance also offers cross-chain lending infrastructure, supporting borrowing and lending across all supported networks.
Key recent updates on FOLKS:
1️⃣ Airdrop Program Officially Launched
On November 6th at 22:00 (UTC+8), Folks Finance officially opened the FOLKS token airdrop claim. Community members can choose between two claim options: immediate partial distribution or a linear unlock for the full allocation. This initiative aims to reward early supporters and expand the holder base of FOLKS tokens.
2️⃣ Liquidity Surge Drives Price Increase
Following the airdrop announcement, the circulating supply and trading activity of FOLKS tokens surged significantly. The 24-hour trading volume hit $8.99 million, indicating strong market interest. This increased liquidity contributed directly to a sharp price rise of 57.29% within 24 hours.
3️⃣ Rapid Market Cap Growth
As the price soared, FOLKS’s market cap also increased rapidly, now estimated at around $48.4 million, up $1.76 million from the previous day. This growth reflects rising token value and investor confidence in the prospects of Folks Finance.
From a technical perspective, FOLKS experienced notable price volatility over the past 24 hours, with a high of $7.83 and a low of $2.52, indicating active market sentiment but also potential risk. Investors should monitor market trends closely and manage risks accordingly.
Note: This news is not investment advice. Please be aware of market volatility when participating in trading.