Gate.io has recently announced an exciting development in the cryptocurrency space by launching a limited-time Powerloom (POWER) Startup New Coin Mining event, which commenced at 13:00 UTC+8 on January 8, 2025. This innovative initiative allows users to stake GT and USDT to receive hourly rewards, significantly enhancing user engagement. Notably, the estimated annual return for the USDT newbie pool has reached an impressive rate of 541.61%, enabling participants to stake as much as $20,000 and potentially achieve returns that are nearly seven times higher than standard pools. In parallel, the GT staking pool boasts a competitive annual return rate of 80.50%. Additionally, market data reflects a strong upward trend, with GT recently breaking through the $18.667 mark, setting a new all-time high. This event exemplifies the growing opportunities within the crypto market for investors seeking substantial returns.
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