📢 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
📉 Why Did Polkadot Fall from $55 to $4?
Macro Market Crash: The broader crypto market faced a major downturn in late 2021–2022, pulling down even strong projects like Polkadot.
High Inflation & Interest Rates: Global economic tightening reduced liquidity in risk assets, including crypto.
Weak Retail Sentiment: Retail traders shifted to short-term hype coins, leaving Polkadot’s long-term vision undervalued.
Token Unlocks & Selling Pressure: Ongoing token releases increased circulating supply and created constant sell pressure.
Narrative Shift in Crypto: Market focus moved from interoperability to L1 hype cycles (e.g., Solana, Avalanche), causing DOT to lose narrative dominance.
Ecosystem Growth Perception Gap: While Polkadot’s tech matured, lack of flashy marketing meant progress was underestimated by outsiders.
@Polkadot #crypto # Ethereum $DOT @LearnPolkadot @DOTmeetups