What is GateToken?
Many of regular investor in cryptocurrency must heard about Gate global digital asset exchange platform. Gate.io is based on Gatechain i.e. public blockchain for Decentralized exchange and stablecoins. However, GateToken is native token of Gatechain ecosystem that works as exchange token on gate.io platform.
Back in march 2020 Gate.io exchange token get rename as GateToken with ticker symbol is GT. However, GT was under development alongside with Gate.io platform but team decided to distributed to platform users as gift. GT token use to pay transaction fees on gatechain network along with it used pay staking rewards. Gatechain uses PoS consensus algorithm that allow GT token to work as stable incentive for maintaining or stabilize ecosystem.
GateChain majorly focusing on safety of onchain asset and decentralized tradin. It follows unique infrastructure with vault design that help user to revoke their stolen funds. Gatechain uses fault-tolerant mechanism that expected to solve asset security issue along with safety guarantee. In used case Gatechain introduced clearing mechanism that aim to solve problem private key loss and asset theft. Network serve more than 2k transaction per second with 4 second block time and with real time order matching engine on decentralized exchange. it also offers cross-chain interoperability along with token swaps and liquidity mining.
GateToken Price Prediction
|Month & Year||GT Price Prediction|
|Ticker Symbol||GateToken or GT|
|Based on||Decentralized Exchange|
|All-time high||$0.925205 USD|
|Exchange Platform||Gate.io, BiKi, Huobi Global, LBank, BitMax, Coinall|
GT ICO Overview
|Platform used||Own Wallet|
|Raised by||$83,000,000 USD|
|Date of ICO||21 April 2019|
|ICO Price||$0.5 USD|
|Partners||Wallet.io, travala.com, coindar, coinbri, Skrumble network.|
GateToken Price Analysis
In recent years many trading platform-based token gaining huge volume referring userbase of platform. Gate.io platform also one of the most used exchange platforms where user find most digital asset listed and also new project also listed on it. the reason behind successor gate.io its security and fund revoke feature. Gatetoken was started listed on different trading platform along with Gate.io, but after listing it continue bearish run. GT was traded at price $0.88 USD with popular USDT pair and generating maximum volume from their exchange platform. however, after dropped to $0.35 USD in mid-march 2020 it continues to rise and reaches to $0.64 USD i.e. all time high after February 2020.
How much GateToken worth in 2030?
Probably worth more than $5 USD.
Is GateToken a Good Investment?
GateToken can be best investment and it also unlock different benefit if you using Gate.io platform.
As of writing Gate.io currently under top 20 highest volume exchange platform list. GateToken fuel Gate.io ecosystem and most of trades with different token are pair with GT token. in recent year platform-based token such as HT, BNB coin, UNI Token able to secure huge trading volume. in future, GateToken also enter into top 100 biggest crypto project sorted by volume.