#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
Memebi Market Cap dropped 59% from last year's high, analysts believe traders are feeling tired
Odaily Planet Daily News Most Meme coins have experienced a decline after 2025, controversies and scandals surrounding certain coins have had a negative impact on the entire cryptocurrency market. The Market Cap of Meme coins reached its peak on December 8 last year, at $137 billion, but has since fallen by 59% to around $56.2 billion as of Wednesday (currently a slight 1.4% rebound to around $64.25 billion). CoinMarketCap's research director Alice Liu pointed out: "The decline of Meme coin is because people are feeling tired, as they think the game has been manipulated. The original idea of meme coin was a fair launch: everyone had the opportunity to participate... Even if you don't have Crypto Assets resources or insider information, you can still have a chance to get 10 times or even 100 times, but now this situation is becoming less common." (morningstar)