2026-01-08 10:24:59

Gate has just completed its Q4 GT burn plan, with 2,163,900 GT (approximately $22.28 million) transferred to the dedicated burn address. This has been Gate's consistent quarterly burn schedule. Since 2019, Gate has burned a total of 185 million GT, which is worth over $1.9 billion at the current price.

From the data, the original total supply of GT was 300 million. After deducting the burned amount, the actual circulating supply has now decreased to 115 million, with a market cap of approximately $1.186 billion. This periodic burn mechanism has a noticeable impact on the tokenomics — the circulating supply continues to shrink, effectively functioning as a deflationary model.

GT-0,38%

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MEV_Whisperer

· 01-08 10:53

Almost 60% destroyed already, this pace is really intense. With GT's strong deflation expectations, no wonder some people are holding on tightly and not letting go. But to be fair, can such aggressive destruction really save the market? Doing a round every quarter feels like just telling a story. Circulating supply reduced to 115 million, with a market cap of only 1.186 billion, still a bit hard to sustain. This kind of periodic destruction mechanism sounds impressive, but can it truly deliver the promised benefits? A destruction amount of 1.9 billion USD—what level of confidence is needed to dare to play this way?

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AltcoinTherapist

· 01-08 10:53

Wow, the destruction力度 is quite fierce, 1.9 billion dollars just disappeared like that. How long can gate's deflation logic last? Circulating supply has been reduced from 300 million to 115 million, the chopping leek techniques are truly diverse. Every quarter, there's a destruction show, do investors buy into this? Honestly, whether GT can rise still depends on whether the exchange itself performs well. Deflation is deflation, but without trading volume, it's all pointless.

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SandwichDetector

· 01-08 10:52

Hmm... this burn intensity is indeed harsh, over 20 million dollars gone in Q1 alone. GT's deflationary move this time is really accumulating momentum. Burning every quarter for over five years now, that kind of pace requires serious conviction. Circulating supply slashed from 300 million to 115 million, quite a major move in terms of proportion. But won't this operation potentially increase the risk for holders? The burn mechanism is fundamentally a psychological game at heart, it's about who believes in this approach. 1.9 billion dollars in burn volume sounds pretty intimidating when you say it out loud, it just depends on whether the subsequent price action will cooperate. This kind of regular burning feels like putting shackles on yourself, can you sustain it to the end?

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SleepTrader

· 01-08 10:25

Ha, $1.9 billion worth of burns, this move is really impressive. The deflationary expectations are high, but why is the price still like this? Burning every quarter, it feels like GT has some potential. The destruction mechanism is well-executed, but I don't know how long it can last. The actual circulating supply is only 115 million, that number looks comfortable. Wait, the more you burn, the lower the price? I need to take another look. Periodic burns are indeed creative, but it still depends on the fundamentals.

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