📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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$TRUMP Becomes Top Trend on the Internet Within Hours
The launch of Donald Trump's $TRUMP memecoin on Solana has caused a storm in the cryptocurrency world, becoming the hottest topic on some social media platforms. In just two hours after launch, this coin has skyrocketed over 4,200%, reaching an astonishing market capitalization of $7.7 billion.
The sudden launch, combined with strong growth, has caused much debate, confusion, and FOMO across social media. Here is the reaction of Twitter users: @krassenstein described it as disgusting, especially when 80% of token supply is transferred to The Trump Organization and Fight Fight Fight LLC. The post focuses on the lack of transparency and sparked discussions on morality and control.
However, @KobeissiLetter said this is more than crazy, memecoin has increased by over 4,200% in two hours, with a market capitalization of $7.7 billion. The quiet launch on Friday night left many wondering, "What's happening?"
In the case of @rasmr_eth, he notes that this coin has missed the opportunity for price increase, jokingly saying, 'What did we do in 22 minutes?' when $TRUMP reached 1 billion dollars in record time.
Similarly, @orangie complains about FOMO, saying, "Trump launched a memecoin and I wasn't at home." What do we think? Should I copy here?
Finally, @EasyEatsBodega has captured the entire situation in a tweet, saying that this is either the biggest hack of all time or this cycle is just absurd. The tweet perfectly reflects everyone's skepticism and curiosity about this currency and its dizzying rise.
@vohvohh was very surprised by such a review and emphasized that the website of this currency explicitly states that it is not a security, but an art and ideology. The disclaimer has raised questions about the overall project's goal.
Trump's Memecoin has become a cultural phenomenon and a controversial topic, causing the cryptocurrency community to divide over whether it is a genius or just a trick.