Gate.io: Burns 1.987M GT in Q3 On-Chain Move
Gate.io burned 1.987M GT worth $22.04M in Q3, cutting supply to 108M from 300M since 2019 with $2.14B total burns and $1.2B market cap.
SourceAnalysis
Gate.io transferred 1.987 million GT valued at $22.04 million to its burn wallet for the Q3 on-chain destruction, shrinking total supply to 108 million from the original 300 million after cumulative burns of 192 million GT worth $2.14 billion since 2019 and leaving current market cap at $1.2 billion; analysts tracking Gate.io GT token burn history and CEX token deflation mechanisms now model tighter GT tokenomics against peers like BNB and OKB.
余烬
@EmberCNAnalyst about On-chain Analysis
Premium Sponsors
.jpg)