📢 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 once again become the focus of investors' attention, especially the significant Fluctuation in the price of Ethereum (ETH) has sparked widespread discussion. The investment decisions of well-known investor Arthur Hayes have undergone a dramatic turn in this market trend, adding a touch of drama to the market.
Just not long ago, Hayes publicly announced that he had liquidated his holdings in ETH, ENA, and PEPE and cashed out approximately 13.35 million USD. At that time, he confidently predicted that Bitcoin would hit 100,000 USD and Ethereum would reach 3,000 USD. However, the market trend seems to go against his expectations. Today, the price of ETH once surged to around 4,200 USD, although it has since retreated, but the intraday increase is still close to 4%.
In the face of such severe market fluctuations, Hayes quickly adjusted his position. He posted a message on social media, admitting that he had repurchased the crypto assets he had previously sold, and apologized to well-known industry analyst Tom Lee, promising to be more cautious in his investment decisions in the future.
This event has sparked widespread discussion in the Crypto Assets community. Many investors expressed surprise, commenting: "It turns out that even experienced investors can make misjudgments." This once again proves the high unpredictability of the Crypto Assets market, where even seasoned participants find it difficult to accurately grasp market trends.
Such twists and turns remind investors once again that overly confident predictions in the rapidly changing crypto assets market may be quickly negated by market realities. Now, the focus of the market has shifted to whether Bitcoin can achieve Hayes' previously predicted target of $100,000. If this prediction fails again, it may further shake the market's confidence in his judgment.
This event not only showcases the high Fluctuation of the Crypto Assets market but also highlights that even experienced investors need to maintain a humble and flexible attitude when facing such a complex market. For ordinary investors, this is undoubtedly a thought-provoking lesson, reminding us to be more cautious and comprehensive in our investment decision-making.