🎉 Gate Square — Share Your Funniest Crypto Moments & Win a $100 Joy Fund!
Crypto can be stressful, so let’s laugh it out on Gate Square.
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Post your funniest crypto moment and win your share of the Joy Fund!
💰 Rewards
10 creators with the funniest posts
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📝 How to Join
1⃣️ Follow Gate_Square
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📌 Notes
Hashtag #MyCryptoFunnyMoment is requi
Why Crocs Might Be the Smarter Shoe Stock Pick Right Now
Nike’s been all over the news lately—new CEO, Bill Ackman’s $275M bet, you name it. But here’s a hot take: Crocs stock could actually be the better move.
Yeah, Crocs sounds boring. But the numbers tell a different story:
Margins: Crocs is sitting at 25%+ operating margin vs Nike’s 12%. That’s literally double. CEO Andrew Rees has been grinding since 2017 to improve profitability, and it shows.
Valuation: Nike trades at 23x earnings—yeah, it’s cheaper than before, but still in line with the S&P 500 average. Crocs? Less than 11x earnings. That’s a real discount.
Buyback power: When growth is modest (and for both these companies, it is), cheaper stock = more buybacks per dollar = better shareholder returns over time. This compounds big-time over years.
The X-factor: Everyone’s hyped on Nike’s new CEO catalyst. But Crocs has one too—HeyDude acquisition turnaround. Management says growth resumes before year-end.
Net sales growth: Crocs only up 5% YoY in H1 2024, but still beating on margins and valuation. Sometimes the unsexy play wins.