📢 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
GameStop's soaring share price caused shorts to lose a lot of money
GameStop shares surged nearly 75%, causing shorts to lose a lot of money. According to S3 Partners, shorting GameStop's Hedging fund lost $838 million on the day at mark-to-market prices. The share price spike was attributed in part to internet personality Roaring Kitty, who had previously encouraged retail investors to buy GameStop stock in 2021, leading to a historic shorter squeeze. Currently, more than 24% of GameStop's outstanding shares are shorted, and shorters have lost $1.24 billion since May. Other meme stocks such as AMC and Reddit have also seen price pumps. S3 Partners' Ihor Dusaniwsky warned that the market is "bumpy and bloody" for shorts, with new shorts expected to enter the market at around $30.