$public is a cryptocurrency launched on the Base blockchain in 2025, marking a notable entry into the evolving world of digital assets. This article explores its concept, launch details, tokenomics, and market performance as of March 13, 2025, offering a detailed look at its unique approach. By examining its official sources and community activity, readers can gain a comprehensive understanding of this innovative project.
Unveiling the Truth Core Idea Shaping $public
$public’s core concept is articulated through its first post on the $public official website, titled “OPEN SOURCE BRAND VOICE.” Written in bold, centered Arial font with all caps, this post outlines a social experiment focused on truth. It instructs users to use Google Docs, enable caps lock, bold their text, center-align it, and select Arial as the font, establishing a uniform aesthetic that defines the project’s brand voice. The primary task is to “WRITE SOMETHING TRUE THAT MOST PEOPLE LIE ABOUT,” emphasizing brevity by using minimal words, avoiding passive voice, and omitting phrases like “I think” or “I believe.” Punctuation is to be used sparingly, only where necessary, to maintain clarity and directness.
The post encourages addressing topics “FREQUENTLY HANDLED DISHONESTLY,” aiming to articulate truths that resonate with the audience but may be difficult to voice publicly. Participants are directed to screenshot their statement against a white background and share it on X with the text “$public: 0X3A1609CEBE67C1D303954B5FB907BEF36213034B” and the screenshot. An engagement mechanism follows: liking and mentioning Yuri Rybak’s Twitter handle (@bigvibessss) in a response earns a follow from Yuri, fostering a sense of community. The “OPEN SOURCE BRAND VOICE” label indicates a decentralized approach, inviting users to adopt and contribute to $public’s narrative, aligning with Web3’s ethos of collective ownership and transparency. This concept positions $public as a platform for candid, unfiltered dialogue within a blockchain-backed ecosystem.
The Grand Debut of $public
$public was launched on March 11, 2025, as the first token introduced via Gate.io Pilot on the Base blockchain, a layer-2 scaling solution for Ethereum that enhances transaction speed and reduces costs. The official website highlights this milestone, noting Gate.io Pilot as a feature on the Gate.io exchange that showcases emerging projects, offering visibility and trading opportunities. The launch also involved integration with Zora, an onchain social network where content can be transformed into tradable tokens. On Zora’s platform, the @inpublic account, managed by Yuri Rybak, a former Zora employee, posted a single entry titled “public” at 8:54 AM PST on launch day. This post was minted as a coin, achieving 1,000 mints and attracting 942 collectors at a price of 0.000111 ETH, approximately $0.30 USD based on an Ethereum price of $2,700 USD at the time. This Zora integration leverages the “Coins” feature, turning social content into tradable assets on Base.
The launch established a dual ecosystem: Zora supports content creation and tokenization, while Gate.io Pilot facilitates trading. The website provides links to $public Telegram group at for community updates and a direct link to trade $public on Gate.io, enhancing accessibility. Yuri Rybak’s involvement, given his Zora background, adds a layer of technical and creative credibility to the project. The visual branding, featuring a pink and yellow gradient banner with “public” in bold on both the website and Zora page, ensures a consistent and striking identity.
Inside the Numbers That Define $public’s Tokenomics
$public operates on the Base blockchain, with its contract address listed as 0x3a1609cebe67c1d303954b5fb907bef36213034b, verifiable on blockchain explorers like Basescan. As of March 13, 2025, the token’s price is $0.000007532. Community discussions indicate it has 5,898 holders, with the top 10 controlling 13.45% of the supply, suggesting a relatively distributed ownership structure. Liquidity is reported at 203,921 units, reflecting an active trading environment despite its micro-cap status. The official website and Zora page do not disclose the total or circulating supply, leaving these figures undefined.
The token’s utility is tied to its social experiment, as outlined in the “OPEN SOURCE BRAND VOICE” post, where user participation in truth-telling contributes to the ecosystem. Community mentions of wallet connect and Metamask integration suggest potential for decentralized application (dApp) functionality, though no specific features are detailed as of March 13, 2025. This integration of social engagement with tokenization creates a unique economic model within the $public ecosystem.
$public’s Performance
Since its launch on March 11, 2025, $public has experienced fluctuations in its market performance. The token’s highest market cap reached $3.21M, reflecting significant interest shortly after its debut, driven by its Gate.io Pilot launch and Zora integration. As of March 13, 2025, at 11:59 AM +07, the current market cap stands at $600K, a decline from its peak. The token’s price is $0.000007532, down from its all-time high (ATH) of $0.00001219, which was achieved shortly after launch. The token’s 5,898 holders and 203,921 units of liquidity indicate an active trading presence, though its micro-cap status contributes to its volatility.
The top 10 holders controlling 13.45% of the supply suggest a concentration of ownership, yet the broad holder base reflects widespread participation. The dual-market approach—Zora for minting and Gate.io for trading—supports $public’s market activity, where social engagement influences demand. Community activity on Telegram and Twitter, alongside the website’s trade link, underscores ongoing interest, with mentions of wallet connect and Metamask integration hinting at potential technical developments impacting market dynamics.
Conclusion
$public is a cryptocurrency project that combines innovative tokenization with a focus on social experimentation. This article has provided an in-depth look at its concept, launch, tokenomics, and market performance as of March 13, 2025. Through its unique approach and active community engagement, $public represents a fascinating development within the Web3 landscape.
