- Topic1/3
53k Popularity
12k Popularity
44k Popularity
2k Popularity
972 Popularity
- Pin
- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
🙌 Vote to support your favorite creators: www.gate.com/activities/community-vote
Earn Votes by completing daily [Square] tasks. 30 delivered Votes = 1 lucky draw chance!
🎁 Win prizes like iPhone 16 Pro Max, Golden Bull Sculpture, Futures Voucher, and hot tokens.
The more you support, the higher your chances!
Vote to support creators now and win big!
https://www.gate.com/announcements/article/45974
- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Lester Token Crashes 40% Following Official Announcement
The value of $LESTER plummeted by 40% in the past 24 hours, leaving its market capitalization at a mere $32.7 million.
This sharp decline came shortly after the official Twitter account announced that Lester would continue as the project’s mascot.
Prominent investor @bazingahappy has felt the impact of the downturn. On March 15, they invested $2.3 million in $BOME and, on November 15, spent 3,217 SOL (equivalent to $670,000) to purchase 4.37 million $LESTER tokens. However, the recent slump has wiped out $530,000 from their holdings, shrinking their investment by a staggering 78.7%.
More Whales Make Strategic Moves With $LESTER Token Following Recent Price Action
Despite these losses, @bazingahappy doubled down on $LESTER after the mascot confirmation 13 hours ago, acquiring an additional 10.2 million tokens. At an average cost of $0.07752 per token, this move highlights a calculated risk in the face of market volatility.
Interestingly, while $LESTER’s performance has been disappointing, @bazingahappy has demonstrated notable success in other ventures. Their high-frequency trading in memecoins has proven lucrative, with a single trade in $PNUT yielding over $10 million in profit.
The mixed fortunes of $LESTER underscore the unpredictable nature of the memecoin market, where sentiment-driven swings can lead to substantial gains or losses. While some investors remain optimistic about $LESTER’s long-term potential, the mascot announcement and subsequent sell-off suggest challenges ahead in regaining investor confidence.
For now, the market remains wary, with $LESTER facing an uphill battle to recover its value. Whether the community can rally behind the mascot and revive momentum remains to be seen.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: kebox/123RF // Image Effects by Colorcinch
The post Lester Token Crashes 40% Following Official Announcement appeared first on The Merkle News.