The strong performance of platform tokens continues, with Gate.io’s native token $GT hitting a new all-time high of $17.6.
This is an impressive 276% increase from $5.1 at the beginning of the year, demonstrating the coin’s growing value and utility.
As Gate.io's platform currency, $GT benefits from strong ecosystem support. Holders gain exclusive opportunities to participate in Startup mining, allowing them to subscribe to promising new projects. To date, the total value of cumulative airdrops distributed through Gate.io's Startup program has exceeded $120 million, providing users with generous rewards and benefits. Not surprisingly, many people view $GT as a token that provides "double benefits" to its holders.
The total supply of $GT is capped at only 300 million tokens, most of which have already been destroyed. This leaves the actual circulating supply at less than 100 million tokens. In addition, Gate.io implements a quarterly buyback and destruction mechanism, allocating 15% of revenue to reduce the circulating supply. This deflationary strategy lays a solid foundation for continued price growth.
Gate.io's ecosystem continues to grow, bringing value and innovation to its users. From the Startup launchpad and Meme Innovation Zone to advanced features like Yubibao, copy trading, and quantitative trading bots, the platform enhances the user experience while driving demand for $GT.
With its deflationary tokenomics, high returns, and rapidly expanding ecosystem, $GT is poised for long-term growth. As Gate.io continues to innovate, the future is brighter than ever for $GT holders.
GT current price:
【Disclaimer】The market is risky, so be cautious when investing. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk.