Gate Wallet Launches MOMO.FUN Airdrop & BTC/ETH WLFI Rewards

Gate Wallet has launched a new MOMO.FUN airdrop through its BountyDrop program. Users can access the BountyDrop section in the Gate Wallet App’s “Discover” page. Completing simple tasks earns entries for MOMO.FUN token rewards and airdrop lotteries. Gate Wallet also rolled out BTC and ETH price prediction contests, where participants who trade and submit correct forecasts can win a 5 USDT prize. Meanwhile, the WLFI on-chain trading season runs from September 1 to 22. Users who trade at least 1,000 USD of WLFI in a single day for three consecutive days, or reach a 1,000 USD trading volume in total, can claim up to 150 USDT. The total WLFI reward pool is 10,000 USDT. These initiatives aim to boost user engagement and trading volume on Gate Wallet.
Bullish
The launch of the MOMO.FUN airdrop and related trading contests is likely to drive increased user activity and trading volume on Gate Wallet. Historically, airdrop campaigns combined with prediction contests—such as Binance’s BSC airdrops—have led to short-term spikes in market participation. The incentive of USDT rewards for BTC/ETH predictions and WLFI trading will encourage traders to engage more frequently with the platform. In the short term, this can boost liquidity and trading volumes for BTC, ETH and WLFI. Over the longer term, sustained engagement programs may enhance user loyalty and platform adoption. Overall, these promotions are expected to have a net bullish impact on trading activity and market sentiment.