#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
PNUT drives the narrative of "Animal Rescue," making Jorgie and the eagle the new darlings of the small market cap meme.
Original author: TechFlow
Reprint: Luke, Mars Finance
Good morning, esteemed PNUT holders.
It's another day woken up by the rise of PNUT. Congratulations (with envy) to the esteemed PNUT holder, while the fear of missing out sentiment fills today's market.
If you carefully look at the sector structure, you will find that the overall market today has a slight downward trend, but MEME is outperforming.
Among them, PNUT and FRED are undoubtedly eye-catching. The former's market capitalization quickly exceeded $200 million, which was impressive, and the latter also started its own increase after launching Moonshot.
PNUT needs no introduction. It was born out of a controversial event: a viral squirrel was captured and euthanized without adequate communication, leading to a political controversy seeking animal protection and expressing reasonable demands.
Similarly, FRED was created in memory of the second squirrel found dead, 'Frederick'.
On the other side of the ocean, politics means attention; at the core of the narrative, animals seem to also reflect the protection of self-power.
The combination of external attention and internal narrative core will inevitably cause the overflow of FOMO emotions after the emergence of the god disk. The funds that cannot get on the ride are also looking for similar narratives and themes.
So, today we see the emergence of a new Meme coin narrative of 'animal rescue,' attempting to stir up new waves with different specific hot events after the squirrel battle of PNUT.
Jorgie: the monkey taken away by the police ($Jorgie)
At a seemingly ordinary car accident scene in Dallas, the police unexpectedly discovered a spider monkey named 'Jorgie Boy', which belongs to local internet celebrity Brandi Botello. However, this accidental car accident forced her to be separated from her beloved pet.
According to the Dallas News, authorities found that Jorgie Boy was malnourished and underweight during the inspection. More importantly, keeping monkeys as pets in the Dallas area is illegal. Considering animal welfare, the police immediately decided to remove Jorgie Boy from the scene.
This incident also caused a huge uproar on social media. Jorgie's owner, Brandi, immediately launched the 'Free Jorgie Boy' campaign, trying to raise public follow on this incident.
At the same time, in the TSL car owner community, this matter has also been widely discussed, and some people have also posted hoping that Musk can see the story about Jorgie. It is worth mentioning that Musk does follow this TSL community, but whether he can respond to the monkey incident, no one can predict.
In such expectations and background, multiple tokens with Jorgie as the theme emerged yesterday, and a dispute over capitalization is also taking place:
OG Jorgie:
5VPFmQs892HeP6PZYw91UEAfLqXeT4cTW2pu4Ppipump 2M
Suspected Conspiracy Group Jorgie:
AMgMqadZ7Qpe9PCQwehAG3Xbg5cf8JxCxH7sGCSupump 15M
However, market participants have made their own choices. Although the community has been supporting and calling for it, the price of OG Jorgie is currently plummeting at the time of publication; while the conspiracy group Jorgie seems to have emerged, with a market capitalization of around 15M, but the daily volume and number of holders are very high.
Whether the monkey can save it is unknown. To get another win in the fear of missing out where the squirrel hasn't entered the position yet, it's a degen's strategy.
Free Shayne Coplan (Eagle): Petition After Polymarket Founder's Arrest
Free Shayne Coplan:
AyxrBmqbzf169oe14XcSDMbgpUV1ntP6thcScYpYpump
Current Market Cap: 37M
Free Shayne Coplan is another hot MEME coin today, but it goes beyond simple animal rescue, with a touch of 'praising objects to reflect on oneself'.
The avatar of this Token is an eagle, and it is not as simple as releasing an eagle that has been caught. Behind it points to Shayne Coplan, the founder of Polymarket, a platform that has performed well in election predictions.
Today, Shayne Coplan's residence was raided by the FBI.
Meanwhile, Bloomberg reported that the U.S. Department of Justice is investigating the company, focusing on the illegal provision of Polymarket services to U.S. users.
The recent FBI raid has sparked strong reactions in the Crypto Assets community, with supporters launching the "Free Shayne" movement and creating related Tokens to show their support. This phenomenon is quite similar to the recent "Free Jorgie Boy" incident, reflecting the sensitive response of the encryption community to regulatory actions.
From a broader perspective, this incident highlights the ongoing regulatory pressure faced by the cryptocurrency industry, particularly in sensitive areas such as prediction markets and online gambling. Polymarket has previously had contact with the Commodity Futures Trading Commission (CFTC) due to compliance issues and has shown a 'substantive cooperation' attitude.
Currently, the entire encryption community is closely following the development of the situation. This story, which started as a prediction market and evolved into law enforcement actions, has also made the corresponding meme the focus of attention in the current bull market environment;
It's worth mentioning that the logo of FSC coin is an eagle. The eagle is also a symbol of Shayne Coplan's avatar element. At the same time, the eagle is also a certain symbol of the United States, which is a double meaning and full of irony about censorship.
What's even more provocative is Shayne's tweet claiming this is "obvious political retaliation," the current government will pursue companies they believe are associated with political opponents... Polymarket has not harmed anyone.
Musk immediately replied in the comments section of Shayne: "Indeed".
This undoubtedly brings more factors worth following to this layer of Meme coin.
Anti-audit and freedom have always been the narrative correctness of the crypto circle, coupled with the superimposed celebrity factor, releasing the eagle is releasing Shayne's voice, which may last for a while.
Risk warning: MEME has no actual value support, is greatly influenced by market sentiment, and the majority (over 99%) of MEME is PVP, and will eventually drop to zero. This article is only for personal experience sharing and does not constitute any investment advice.