📢 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:
Post original content on Gate Square related to WXTM or its
Recently, the crypto assets market has attracted attention again. According to the blockchain data monitoring platform, an address with the code "BH84Uo" has carried out a series of notable operations in the last 30 minutes. This address withdrew a considerable amount of Solana tokens from the well-known exchange Bybit, approximately 9,295 SOL, with a market capitalization close to 1.53 million USD.
However, surprisingly, the Address did not hold these SOL for a long time. Instead, it quickly converted the funds into an emerging Token called Fartcoin, obtaining approximately 1.6 million of that Token.
This move has sparked widespread discussion among market participants. Some analysts believe that this may indicate a positive outlook from certain investors towards the emerging Token market, or a cautious attitude regarding the short-term development prospects of the Solana ecosystem. However, there are also voices warning that conducting such large-scale capital transfers in the Crypto Assets market requires extreme caution, as emerging Tokens often carry higher investment risks.
In any case, this event once again proves the high liquidity and rapid change characteristics of the crypto assets market. For ordinary investors, conducting in-depth research and careful evaluation is still crucial before making any investment decisions. As the market continues to evolve, we will continue to follow the potential impacts brought about by such large-scale capital flows.