📢 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
💥The MARKET CONCENTRATION is at RECORD levels. Why does this matter? Let me explain:
🤯 #Nvidia is now worth more than entire economies and represents 3.6% of GLOBAL GDP
- $NVDA became the first company in the world to reach a market capitalization of $4 TRILLION. This represents 3.6% of global GDP.
-To size:
🇬🇧 United Kingdom: 3.2% of the global GDP
🇫🇷 France: 3.1%
🇩🇪 Germany: 2.8%
👉And that's not all...
- Today, the 10 largest companies in the SP500 already represent 37% of the index.
- At the peak of the Dot-Com bubble ( in the year 2000, that number was 27%.
-In addition, those 10 companies generate 30% of the total profits of the index, well above the historical average of 20%.
-This is a CLEAR extreme concentration.
Why does this matter?
📍Because the market has become more fragile and dependent on a few megacorporations.
📍The entire financial system is betting that Big Tech will continue to grow without stopping.
📍If these companies have declines, they would drag the entire SP500 down.