📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
pump.fun联创: Most alts and memes have the same function
BlockBeats news, on February 10th, Alon Cohen, co-founder of pump.fun, stated that most tech-based AltCoins and Meme coins have similar value propositions, but they usually have a lower Circulating Supply, excessively diluted Fully Diluted Valuation (FDV), and involve Venture Capital (VC) institutions, which often rely on retail investors as liquidity providers. Cohen was responding to a tweet that implied the issuance of Meme coins on the pump.fun platform disrupted the price cycle of AltCoin market. Cohen countered by saying that pump.fun had already existed before the AltCoin market downturn in April 2024. He further explained the reasons for the collapse of the AltCoin market in April 2024: 'In the previous cycle, retail investors suffered heavy losses and they won't easily come back to invest in the so-called 'future of finance'.' Cohen believes that 'most working people don't care about the technology, they care more about personal satisfaction.' They hope to make some money in trading while enjoying the fun. This discussion on social media highlights the growing contradiction between AltCoin investors who focus on technical utility and traders who purely speculate and ignore actual use cases.