📢 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#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Recently, the DOGE ecosystem has welcomed several significant developments. Firstly, the social platform X, owned by Musk, is actively preparing a payment system called "X Money," which has already obtained relevant licenses in 39 states. Notably, the system's code suggests it may support Crypto Assets trading, especially DOGE. Industry insiders generally believe that if the integration is successful, DOGE is expected to become the main payment tool on this platform, greatly expanding its practical application scenarios.
However, political factors have also brought uncertainty to DOGE. In June 2025, the public conflict between Musk and Trump led to severe fluctuations in the DOGE market, with a single-day drop of 10% and a cumulative decline of 22% over the week, with prices once falling to $0.17. This incident involved several sensitive topics, including the cancellation of SpaceX contracts, highlighting DOGE's high dependence on Musk's personal words and actions.
Nevertheless, DOGE still demonstrates strong technical performance and market vitality. At the beginning of July, the coin's weekly growth reached 20%, successfully breaking through the key resistance level of $0.20. The 24-hour trading volume surged to $2.5 billion, surpassing Binance Coin (BNB). Meanwhile, on-chain data shows that large investors bought 150 million DOGE in a single day, sparking enthusiastic discussions in the market about a potential rise to $0.3 in the short term.
The future development of DOGE is still full of variables. On one hand, the potential integration with the X platform presents significant opportunities; on the other hand, political risks and market fluctuations cannot be ignored. Investors need to closely follow relevant dynamics, weigh the pros and cons, and make informed decisions.