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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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✅ 5,000 GT Prize Pool
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
The FUN coin has shown an exceptionally strong performance today, with its price skyrocketing to 0.0042, marking a daily increase of 25%, quickly igniting market enthusiasm.
The recent price surge is mainly driven by two factors. First, there are widespread rumors in the market about a large number of tokens set to be unlocked, leading to heated discussions about account thawing in the community, attracting many investors to take risks and enter the market. Second, FUN's parent company Baton has hired a strong legal team to deal with the class action lawsuit, and if the outcome of the lawsuit is favorable, it will significantly alleviate regulatory pressure.
In the short term, this legal dispute remains an uncertainty hanging over the market. After the sharp rise in FUN prices, early profit-taking investors may choose to cash out at any time, and short-term participants need to remain vigilant.
From a long-term perspective, the game demand in the FunFair ecosystem is about to enter a period of explosive growth. If the current price experiences a pullback, it may be a rare opportunity to build positions at a low level, akin to encountering an investment "golden pit."