PANews reported on October 16th that Gate.com, its on-chain token launch platform, Gate Fun, has officially launched the "Spot Trading Competition," running from 2:00 PM on October 16th to 11:59 PM on October 24th (UTC+8). The competition aims to screen high-potential tokens through open market competition for inclusion in the Gate Alpha Select and Gate Spot Trading sectors, thereby promoting real growth and trading activity within the ecosystem.

According to the rules, all tokens launched on Gate Fun will automatically participate in this promotion; no registration is required. During the promotion, the top 10 projects with a market capitalization of 2 million USDT will be directly selected for Gate Alpha and receive officially sponsored trading events and promotional support. Furthermore, the first project to reach a market capitalization of 10 million USDT will receive free listing on Gate's spot exchange, with official listings completed within 24 hours. During the promotion, the top two projects by market capitalization, with a market capitalization of at least 10 million USDT at the end of the promotion, will also receive free listing on Gate's spot exchange.

This event is an important exploration by Gate in promoting the All in Web3 strategy and building the Meme ecological infrastructure. Through this event, Gate will continue to deepen its decentralized ecological layout, explore new paths to drive high-quality projects to stand out through market competition, and inject continuous momentum into the Web3 innovation ecosystem.