Gate.io's native token, GT (GT/USDT), surged 16.2% on Thursday, closing at $5.96 after touching an intraday 52-week high of $6.07. Trading volume soared to 447.7 million tokens, significantly exceeding its three-month average of 257.6 million, signaling intense investor interest. This rally propelled the token's market capitalization to approximately $4.39 billion.



The broader cryptocurrency market showed strength, with Bitcoin (BTC) climbing 0.83% to $65,020.80 and Ethereum (ETH) gaining 0.98% to $4,341.54.

Performance among other exchange tokens was mixed. BNB (BNB) saw a modest 0.24% increase to $837.00, while FTX Token (FTT) experienced a 2% decline to $48.80. GT's impressive movement appeared to be driven more by momentum-based buying and social media buzz rather than sector-wide trends.

GT is currently riding a strong retail-driven upswing, with market sentiment amplifying its push to new heights. However, investors should approach with caution, as the token's gains are largely momentum-based, and its value remains closely tied to overall cryptocurrency market conditions and regulatory developments. It's advisable for investors to exercise prudence before jumping into this rally.

Cryptocurrency data obtained from reputable market aggregators on Thursday, October 20, 2025. Please note that cryptocurrency investments carry high risk, and prices can be highly volatile. Always conduct thorough research and consider seeking professional advice before making any investment decisions.
GT-10.22%
BTC-3.33%
ETH-4.91%
BNB-4.81%
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