The strong performance of platform tokens continues, with Gate.io’s native token, $GT, hitting an all-time high of $17.6.
This marks an impressive 276% increase from $5.1 at the start of the year, showcasing the token’s growing value and utility.
As the platform currency of Gate.io, $GT benefits from robust ecosystem support. Holders gain exclusive opportunities to participate in Startup mining, which enables subscriptions to promising new projects. To date, the total cumulative airdrop value distributed through Gate.io’s Startup program has surpassed $120 million, offering users significant rewards and benefits. It’s no surprise many view $GT as a token that provides “double benefits” for its holders.
$GT’s total supply is capped at just 300 million tokens, with most already destroyed. This leaves an actual circulating supply of fewer than 100 million tokens. Additionally, Gate.io implements a quarterly buyback and burn mechanism, allocating 15% of its revenue to reduce the circulating supply. This deflationary strategy creates a strong foundation for continued price growth.
最近，平台币表现强劲，我持有的 $GT 也已实现3️⃣倍，昨天更是突破新高。作为 https://t.co/mACJUKt6ZH 的平台币，$GT 不仅享有生态支持的优势，还通过 Startup 挖矿，为持币者提供优先参与高潜力项目认购的机会。截至目前，Startup 累计空投价值已超 1.2 亿美元，可以说“持币即享双重收益”。$GT… pic.twitter.com/N2bWKpdQ8p
— 感悟.eth (@GanWu666) December 27, 2024
Gate.io’s ecosystem is constantly evolving, delivering 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 rewards, and a rapidly expanding ecosystem, $GT is positioned for long-term growth. As Gate.io continues to innovate, the future for $GT holders looks brighter than ever.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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