#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
CEO of PEPE and Shiba Inu Commits to "Erase All Zeros" by 2030
In a groundbreaking announcement, the CEOs of Shiba Inu (SHIB) and PEPE have committed to 'remove all zeros' from their token price by 2030. This bold statement has created a ripple effect in the cryptocurrency community, sparking curiosity and excitement among investors and enthusiasts alike. But what does this ambitious vision truly entail? "Zero Out" concept The phrase "remove all zeros" refers to a significant increase in token value, reducing or eliminating the string of zeros in their current price. For example, a token priced at $0.0000001 could increase to $0.000001 or even higher. This increase will represent a significant leap in market capitalization and community confidence. Aiming for legitimate success Shiba Inu and PEPE have long been considered "meme coins", with much of their value derived from community support and internet culture. However, this new vision seeks to reposition these tokens as serious competitors in the broader cryptocurrency landscape. To achieve this transition, these projects will need to: Enhance Adoption: Widespread usage in payment systems, decentralized applications (dApps), and daily transactions will be the key. Improve Utility: Adding real-world use cases, such as integration into the decentralized finance (DeFi) ecosystem or being utilized in gaming and metaverse projects, can significantly enhance the value. Drive Community Engagement: A strong and active community is the backbone of meme coins. Maintaining their interest while attracting new supporters will be crucial. The challenges on the road to 2030 Although this vision is very bold, the journey will be full of challenges. The cryptocurrency market is known for its volatility, regulatory barriers, and fierce competition. To "eliminate all zeros", Shiba Inu and PEPE will need to overcome these obstacles while maintaining credibility and delivering on their promises. Why are investors excited For investors, this announcement represents an attractive prospect of exponential profit. The roadmap to 2030, while speculative, brings hope for long-term growth and sustainability. By focusing on innovation, strategic partnerships, and expanding their own ecosystem, these tokens can redefine their role in the cryptocurrency market. What does this mean for the future of cryptocurrency? The commitment of Shiba Inu and PEPE to a long-term vision is a sign of maturity in the meme cryptocurrency field. If successful, this transformation could inspire other projects to shift from short-term speculation to creating long-term value, reshaping the perception of the meme cryptocurrency phenomenon. Conclusion Although the goal of "erasing all zeros" by 2030 is ambitious, it reflects the developing ambitions of Shiba Inu and PEPE. Whether this vision will become a reality depends on their ability to innovate, adapt, and rally their communities towards collective success. Currently, this announcement serves as a call to bring together those who believe in the power of meme coins to break barriers and achieve seemingly impossible things in the world of cryptocurrency.