📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
NFT collector Pranksy angrily criticized: I woke up and saw MEME coins, which made me unhappy! The memes are all shit.
Meme coins have risen rapidly in recent years, and the astonishing returns of some meme coins are tempting, attracting a large number of followers in the market. However, well-known Non-fungible Token collector Pranksy recently tweeted criticizing meme coins, calling them the most depressing, worst, and scariest thing to wake up to every morning. Meme coins have become one of the most popular categories in the encryption coin market in recent years, overturning the previous dominance by smart contracts, Decentralized Finance, and Non-fungible Tokens. Meme coins can experience explosive growth in the short term, making many investors eager to enter the market before their big pump. According to CoinGecko data, the total market capitalization of meme coins has surpassed 67.5 billion US dollars. Pranksy also compared meme coins with Non-fungible Tokens, stating that Non-fungible Tokens have applications beyond just personal profile photos, such as art, while meme coins are "all shite." However, many netizens still look down on Non-fungible Tokens. In response, Pranksy emphasized in a lengthy post that Non-fungible Tokens are not just animal profile pictures for people to hide behind on social media, but rather have the potential to enhance gaming experiences, retail experiences, and the discovery of artists worldwide, among other things. Pranksy, an early Non-fungible Token collector, has been one of the most influential figures in the field. Since 2017, Pranksy's Wallet has covered millions of Non-fungible Tokens from hundreds of projects, including well-known ones like CryptoKitties and Doodle. Pranksy has made nearly 7 million US dollars in profit by dominating the NBA Top Shot Moments market, and his Wallet's net worth was estimated to exceed 500 million US dollars in January 2021. However, since the beginning of 2022, the Non-fungible Token market has been in a bear market, with the values of many Non-fungible Tokens plummeting. As of September 2022, his net worth has dwindled to only 6.7 million US dollars.