#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Bonk Guy: Fartcoin may lead the next wave of Memecoin explosion
Odaily News Bonk Guy stated on the X platform that it is only a matter of time before Fartcoin reaches a new high. The current BTC chart shows a strong trend, and it seems to be on the verge of breaking historical highs. Afterwards, the Memecoin zone may experience a surge led by Fartcoin. He added that the longer Fartcoin consolidates in the current range, the more intense the subsequent trend may be. Odaily reminds users that the price of meme coins is highly volatile, and investors should be aware of the risks.