📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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#PROVE# sudden Unfavourable Information! PROVE Token big dump, investors need to be wary of risks.
On August 6, 2025, the PROVE Token in the cryptocurrency market faced significant Unfavourable Information, leading to a substantial price drop. Data shows that the latest price of PROVE has fallen to 1.15346, although there is still a +95.72% increase in the last 24 hours (a pullback after prior gains), but there is a clear downward trend during the day. From the technical chart, the price is running along the lower Bollinger Band, and the SAR indicator also shows that bears are dominant.
According to insiders, the core technology cooperation previously claimed by the PROVE project team contains false elements, and the cooperating institutions did not actually participate in the project development. This news has triggered panic in the market. At the same time, on-chain data monitoring has detected that a large number of early holding whale addresses have concentrated on selling today, with over 100 million PROVE Tokens being dumped within 24 hours, leading to an imbalance in supply and demand, further pushing the price into a big dump.
The cryptocurrency market is already extremely risky, and this unfavourable event has further amplified investment risks. Past similar projects have often seen token prices remain sluggish or even halve after being exposed for false advertising. Currently, the big dump trend of the PROVE token has emerged, and investors should operate cautiously to avoid deeper asset losses. The regulatory environment in the crypto market is complex, and such unfavourable information may trigger more chain reactions subsequently. The future trend of the PROVE token is not optimistic, and it is advised that investors closely monitor risks and make rational decisions.
(Risk Warning: Cryptocurrency prices are highly volatile, the above content does not constitute investment advice, invest with caution)