GT surges with increased volume, quarterly burns support the price


GT has recently shown relatively strong performance, with the price rising slightly over the past 24 hours, currently around $7.32, successfully breaking above the 20-day moving average, while trading volume has significantly increased, indicating stronger capital participation, and the price increase has outpaced the BTC market.
- **Price slightly rebounds**: Up approximately 0.96% within 24 hours, with a price range of $7.23 to $7.38, technical indicators show a short-term upward trend but caution is needed for potential daily divergence risks.
- **Quarterly burn positive news**: Gate Exchange completed a token burn in the first quarter of 2026, burning approximately 2.56 million GT tokens worth over $20.68 million. Since 2019, a total of about 187 million GT tokens have been burned, with a total value exceeding $1.38 billion.
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GT0.15%
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