PANews reported on January 13th that, according to official sources, Gate Fun's "Chinese Meme Launch Contest," launched yesterday, has seen a surge in popularity since its inception. Within 24 hours of the event's launch, over 1,000 Chinese meme tokens were created, demonstrating a significant increase in community participation. Among them, the Chinese meme token Malego Coin has been particularly active, with over 1,000 related posts in the community, making it one of the most discussed projects currently.

It is reported that users participating in this event can share in a $50,000 reward pool by issuing and trading all-Chinese Meme tokens. Among these rewards, eligible high-quality Chinese Meme tokens will be listed on Gate.com's spot and futures trading platforms.