GT (GateToken) fell 3.44% in the last 24 hours.

Gate News Bot news, on October 14, according to CoinMarketCap data, as of the time of writing, GT (GateToken) is currently priced at $16.54, down 3.44% in the last 24 hours, with a high of $17.50 and a low of $13.58. The current market capitalization is approximately $1.363 billion, a decrease of $48.5633 million compared to yesterday.

GateChain is an advanced blockchain network designed for the future. It provides fast, secure, and reliable infrastructure that supports the seamless transfer of decentralized applications and digital assets. GateChain is an EVM-compatible Layer-1 blockchain that allows developers to quickly deploy and run applications at zero cost. Existing EVM applications can easily migrate to GateChain, benefiting from improved performance and reduced costs. With an average transaction cost of less than $0.002, GateChain lowers the entry barrier for users and promotes widespread adoption of blockchain.

Important news about GT recently:

1️⃣ Gate platform continues to launch new coin listing events Gate has recently launched frequent new coin listing activities, including ADIX and Fleek (FLK). These projects cover popular fields such as artificial intelligence, Web3, and DePIN, and offer airdrop rewards to GT holders. For example, the total airdrop amount for ADIX reaches 33,333,333 tokens, while the FLK airdrop is 30,000 tokens. These activities not only increase the utility of GT but also stimulate user demand for holding GT.

2️⃣ GT price has shown significant fluctuations In the past week, the GT price has experienced multiple breakthroughs and pullbacks. The price has repeatedly broken through the key levels of 16.0 and 16.5 USDT, reaching a high of 17.191 USDT. The 24-hour increase once reached 10.38%, showing strong market interest in GT. However, the frequent fluctuations in price also reflect the instability of market sentiment.

3️⃣ Gate Alpha Innovation Event Promotes GT Ecosystem Development Gate Alpha launched the "Gate" token trading event on October 10, where users participating in the trading can share airdrop rewards worth $2000 in GT. This innovative event not only attracts user participation but also further expands the application scenarios of GT within the Gate ecosystem, benefiting the long-term value growth of GT.

From a technical perspective, the GT price has shown a fluctuating trend recently, oscillating within the range of 13.58 to 17.50 USD. Despite a short-term fall, multiple breakthroughs of key price levels indicate a certain upward momentum. On the fundamental side, the Gate platform continues to launch new coins and innovative activities, which help to maintain the ecological vitality and user participation of GT, potentially providing support for the long-term development of GT.

This message is not intended as investment advice; investors should be aware of market volatility risks.