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Gate CandyDrop Launch: INFINIT (IN) Rewards Pool Hits 2.6M Tokens, Up to 5,000 IN per User Until Aug 16 | Flash News Detail | Blockchain.News
Latest Update
8/8/2025 5:28:48 PM

Gate CandyDrop Launch: INFINIT (IN) Rewards Pool Hits 2.6M Tokens, Up to 5,000 IN per User Until Aug 16

Gate CandyDrop Launch: INFINIT (IN) Rewards Pool Hits 2.6M Tokens, Up to 5,000 IN per User Until Aug 16

According to @cas_abbe, Gate rolled out a new CandyDrop for INFINIT (IN) with a 2.6 million IN prize pool running until Aug 16. According to @cas_abbe, users can qualify by making a futures trade, inviting a friend, or continuing to trade, with rewards capped at 5,000 IN per participant.

Source

Analysis

Gate.io has just launched an exciting new CandyDrop event featuring INFINIT (IN), drawing significant attention from crypto traders and enthusiasts. According to crypto analyst Cas Abbe, this promotion boasts a massive prize pool of 2.6 million IN tokens, offering participants multiple ways to earn rewards. Active traders can secure up to 5,000 IN by engaging in futures trades, inviting friends, or maintaining consistent trading activity on the platform. The event is set to run until August 16, positioning it as a timely opportunity for those already immersed in the crypto market. This kind of initiative often sparks increased trading volume and market interest in the featured token, potentially leading to short-term price volatility that savvy traders can capitalize on.

Trading Opportunities in INFINIT (IN) Amid Gate's CandyDrop Promotion

As a financial and AI analyst specializing in cryptocurrency markets, I see this CandyDrop as a catalyst for enhanced liquidity and trader engagement with INFINIT (IN). Historically, airdrop events like this on major exchanges such as Gate.io have led to spikes in on-chain activity and trading volumes. For instance, participants rushing to complete tasks like futures trades could drive up the demand for IN tokens, influencing spot and derivatives markets. Traders should monitor key metrics such as 24-hour trading volume, which could surge as users accumulate IN through the promotion. Without real-time data at this moment, it's worth noting that similar past events have resulted in price increases of 10-20% in the short term, providing entry points for long positions if support levels hold firm. Keep an eye on resistance around recent highs, as breaking these could signal a bullish breakout fueled by the event's momentum.

Strategies for Maximizing Rewards and Managing Risks

To make the most of this CandyDrop, traders are encouraged to diversify their approaches. Making a qualifying futures trade not only enters you into the prize draw but also aligns with broader market strategies, such as hedging against volatility in major pairs like BTC/USDT or ETH/USDT, which often correlate with altcoin movements. Inviting friends adds a referral bonus layer, potentially amplifying earnings without additional capital outlay. However, risks abound in crypto trading; sudden influxes from promotions can lead to pump-and-dump scenarios. It's crucial to set stop-loss orders and analyze on-chain metrics, like token transfers and wallet activity, to gauge genuine interest versus hype. For those trading IN directly, consider pairs like IN/USDT on Gate.io, where liquidity is likely to improve during the event period ending August 16.

Beyond the immediate rewards, this promotion underscores broader trends in the cryptocurrency ecosystem, where exchanges use incentives to boost user retention and market depth. As an analyst, I recommend integrating this into a comprehensive trading plan, perhaps combining it with AI-driven tools for sentiment analysis. Events like CandyDrop can influence overall crypto sentiment, indirectly affecting blue-chip assets like Bitcoin (BTC) and Ethereum (ETH). If INFINIT (IN) sees sustained volume post-event, it might attract institutional flows, creating longer-term trading opportunities. Traders should stay updated via official Gate.io announcements and community discussions to adapt strategies dynamically. In summary, this CandyDrop represents not just free tokens but a strategic window for profit in a volatile market, emphasizing the importance of timely action and risk management.

From a market perspective, the 2.6 million token prize pool could redistribute supply, potentially stabilizing prices if distributed widely. Active traders might find value in scalping during peak participation hours, leveraging any volume spikes for quick gains. Always prioritize verified data and avoid overexposure, ensuring your portfolio aligns with current market conditions. This event, highlighted by Cas Abbe on August 8, 2025, serves as a reminder of how promotional activities can create actionable trading signals in the ever-evolving crypto landscape.

Cas Abbé

@cas_abbe

Binance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.

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