Unlock the potential of GT on the Gate.io platform: why is it worth following?

Today I want to be with everyone Let's talk about Gate.io's platform token GT (GateToken).

As a cryptocurrency player, I have been paying attention to the platform coins of major exchanges, but recently the performance of GT and the ecosystem behind it make me feel that this coin really has something, perhaps underestimated. Next, I will break down the true value and potential of GT from several perspectives for everyone.

What is GT? Let's briefly introduce GT, the native token of Gate.io exchange and the core asset of GateChain public chain. It was initially launched in 2019 with a total supply of 1 billion tokens. Through multiple repurchases and destructions, the current maximum supply is fixed at 300 million tokens, with a circulating supply of approximately 88 million tokens (as of February 2025). Gate.io is one of the world-renowned exchanges, founded in 2013, with over 20 million users and supports trading of over 2500 cryptocurrencies. GT, as its 'heart,' not only has various uses within the exchange but also links to GateChain's DeFi ecosystem.

The actual uses of GT: not just a 'platform token' Many people think that the platform token is only used to discount transaction fees, but the gameplay of GT is far more than that. I have summarized several core uses for everyone to feel: Transaction fee discount: Paying fees with GT on Gate.io can enjoy up to 28% discount. If you are a high-frequency trader, holding GT can also upgrade VIP level, up to VIP 14, and the transaction fee can be directly reduced to 0. This is simply a money-saving tool for large traders.

Staking Mining: Gate.io has a 'HODL & Earn' feature, where you can lock GT to earn annualized returns, with low threshold and flexibility. There is also a 'One Token, Multiple Yields' mechanism recently, where the same GT can participate in multiple staking pools at the same time, with double or even multiple returns, which is quite attractive. Startup Airdrop: Users holding GT can prioritize participation in Gate.io's Startup projects (similar to IEO) and receive airdrops of new coins. In 2024, Gate Startup launched over 800 projects, with a total airdrop value of nearly 30 million US dollars. When I held GT last year, I received airdrops several times, and the return rate was quite good.

gateChain ecosystem: GT is not only the token of the exchange, but also the fuel of gateChain public chain. gateChain is an EVM compatible chain that supports cross-chain transfers and DeFi products, such as staking, liquidity mining, etc. Although the ecosystem is still developing, it has great potential. Governance and Voting: GT holders can vote to decide on the listing of new coins, with each GT equal to one vote. Voting can also earn airdrop rewards from the project team, which can be considered a passive source of income.

3. GT's price performance: Data speaks GT's price trend has been quite impressive recently. In 2024, it rose by over 300% for the whole year, reaching a peak of $23.438 (approximately data from December last year). As of today (February 25, 2025), GT's price is hovering around $22, with a 24-hour trading volume of about $13 million, a market value close to $2 billion, and ranked 49th on CoinMarketCap. In comparison, although GT has a small volume, its growth momentum is strong. Its price rise is also related to the destruction mechanism. Gate.io regularly repurchases GT with profits and destroys them. More than 174 million GT have been burned, and the circulation is decreasing, naturally pushing up its value due to scarcity. Coupled with the exchange's ecological empowerment, the supply and demand relationship of GT is quite healthy.

Fourth, my real experience of holding GT. I started holding a small position of GT in 2023, when the price was only around 8 US dollars. Later on, I gradually added some more positions. In actual use, I feel the biggest advantage of GT is its strong practicality. For example, using GT to offset transaction fees has significantly reduced trading costs. Additionally, I have participated in several Startup airdrops. Although I didn't make a profit every time, the overall returns have been stable. The most interesting part is the staking function. I have locked 1000 GT with an annualized return of about 6%. Occasionally, I can also receive additional rewards from activities, which makes it more profitable than simply holding USDT. Of course, there are also disadvantages. Gate.io is restricted in the United States and Canada, so the visibility of GT is relatively lower. However, for Asian users, this is actually a good thing because there is less intense competition, making it easier to obtain benefits.

The future of GT: potential and risks coexist. In the long run, the value of GT is closely related to the development of Gate.io. Recently, Gate.io launched GT Hub, integrating airdrops, staking, and mining into one platform, providing a smoother user experience, which is a plus for GT holders. In addition, if GateChain's DeFi ecosystem can take off, the demand for GT as a fuel coin will further increase. However, the risks must also be made clear. The crypto market is volatile, and the price of GT may experience a pullback due to market fluctuations. Moreover, there is a hidden concern with exchange platform coins— if Gate.io encounters regulatory pressure or security issues (such as the 7000 BTC theft incident in 2015, although it has been a long time), GT will inevitably be affected. Therefore, before investing, it is important to DYOR (Do Your Own Research) rather than blindly follow the trend.

In conclusion, GT is a platform coin that combines utility and growth. If you are already a user of Gate.io, holding GT is almost a must-have as it can unlock many benefits; if you haven't invested yet, you can pay attention to its price correction opportunities, and buying at a low position is a good choice. For me, GT is not just an investment tool, but more like a 'membership card' for the Gate.io ecosystem, the more you use it, the more valuable it feels. How do you view GT? Feel free to leave a message to discuss your thoughts, or share your experience on gate.io! #最近关注的新币##HODLer Airdrop 上线#

GT-2.18%

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IP-7.92%

PI20.51%