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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
📅 Event Period: Sept 25, 2025, 18:00 – Oct 2, 2025, 16:00 UTC
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If merchandise cannot be shipped, it will be replaced with a $30 Futures - 🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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2️⃣ Like this post
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8) - 🥊 You’ve entered the Trading PK Arena, matching your opponent now...
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Gate’s brand-new Indicators Radar feature is live! Here you can:
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Baby Shark Token big dump 90% issuer admits no authority
[Chain News] On September 26, it was reported that the Baby Shark token, which claims to officially represent the most viewed video on YouTube, fell 90% after the company that minted this Meme coin realized it had no issuance rights. The price of the token on Story Protocol plummeted from a high of 35 cents on Tuesday to less than 0.064 cents. Previously, the brand owner Pinkfong Co., headquartered in Seoul, issued a formal statement on social media on Friday, stating that the token "is in no way associated with the company." "Baby Shark" is a two-minute animated music short aimed at young children, which has been viewed over 16 billion times since its release in 2016. The token was issued through IP.World, with a market capitalization that once reached $200 million. IP.World stated that the rights provided by the Pinkfong licensor it relied on were flawed, and its verification process hindered the distribution of creator fees.
Pinkfong Co. stated that only the Meme coin Baby Shark on Solana and the Baby Shark Universe Token on BNB Chain have received official recognition. However, this statement failed to calm traders' emotions, as they previously mistakenly believed that the Token was an official collaboration project of Pinkfong Co., and this misunderstanding was further exacerbated by influencer endorsements and the promotional efforts of Story Protocol itself.