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Details: https://www.gate.com/announcements/article/47889
Here's the translation:
Tell everyone the result. These two days should be when it gets released into alpha. Because the platform also wants to retain this coin, but currently they are hesitant to directly put it into spot contracts because it would soar too high and cause a sensation. So, for the Chinese coin, on the day of the contract event, around 4 or 5 PM when the event starts, this coin will be excluded from the event. Because this time, the contract event cannot allow it to go directly. It will definitely be the champion. After the event, it will be kept in alpha. A transitional phase to test the waters. Over 800 people can enter the primary market. Who would want to really give up such a coin that can attract so much traffic? Otherwise, they wouldn't be able to restore its searchability. It's just that currently, it can't participate in the contract event. Let's wait for these two days to restore alpha.