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Bullish

I just saw Gate's 24H net inflow data: $79.6 million, the highest among CEXs globally. When it comes to GT, I think this is a genuine bullish catalyst. Gate currently has approximately $7.37 billion in on-chain assets, with net inflows of approximately $351 million over the past 30 days. As money continues flowing into the platform, businesses such as trading, wealth management, and the on-chain ecosystem will naturally see additional growth. Looking at GT itself: the initial supply was 300 million tokens, of which 189.9 million have been burned to date, meaning 63.32% is gone; the currently announced circulating supply is approximately 97.8 million tokens. In Q2 alone this year, another 2.57 million tokens were burned, worth more than $17.75 million. So I think GT's logic is actually quite simple: money flows into Gate and the ecosystem grows; on the other side, GT's supply continues to shrink. The most favorable fundamentals for a platform token are essentially these two things happening simultaneously. It's hard to say how it will perform in the short term, but if Gate's funds continue to maintain net inflows, I will remain bullish on GT.$GT #Gate24小时净流入Top1

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GTGT+0.88%


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GateUser-a76d02b9
2 hours ago
Empty talk gets things wrong, while hard work builds the industry; from 👀 to bringing every blockchain application on-chain, it becomes clear—worth owning.
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GateUser-a76d02b9
2 hours ago
High-level government and business connections, an elite development team—bound to succeed.
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GateUser-ab643b9a
2 hours ago
Looks like I need to stock up on more GT, getting ready to take off🛫
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GateUser-a76d02b9
2 hours ago
Good eye.
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GateUser-c2cbecac
2 hours ago
At this rate, it’s going to become the largest exchange in the universe.😁
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GateUser-c2cbecac
2 hours ago
First Review
If this continues, it will become the biggest exchange in the universe.😁
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