📢 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 rise in Ethereum prices has attracted market attention. However, upon closer observation of market trends, we can identify some phenomena that warrant caution. Some analysts believe that there may be certain manipulative behaviors behind this wave of price increase.
A pattern seems to have emerged in the market: after the price is pumped, it begins to slowly decline. This behavior pattern is reminiscent of market makers' operating methods. They may attract buying pressure by raising the price and then gradually reduce their holdings to take profits.
It is worth noting that the market currently seems to lack strong buying support. The project team may have gained considerable profits through the previous rise and may have transferred these funds into mainstream cryptocurrencies such as Ethereum.
What is even more concerning is that the project team does not seem eager to maintain market prices through their own funds. In this situation, market makers may take advantage of price fluctuations to exhaust buying pressure, thereby affecting the overall trend of the market.
In this market environment, the likelihood of sustained price pump is questionable. Investors should remain vigilant, carefully analyze market trends, and avoid falling into potential hype traps. When making investment decisions, it is essential to consider multiple factors comprehensively, not just short-term price fluctuations.