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BeInCrypto • October 5th 2026, 9:28 AM

GateToken (GT) Burns Nearly 2 Million Tokens in Q3 2026, Further Strengthening Its Long-Term Value Foundation

Key Summary

GateToken (GT) has burned approximately 1.987 million tokens in Q3 2026, with a total burn value exceeding $22.35 million. This brings the total burned tokens to 191.934 million, valued at over $1.504 billion. GT's total token supply has been reduced by 63.98% since its initial 300 million tokens, supporting the deflationary mechanism. GT's market performance has been strong, with a 32.49% gain over the past 30 days and 63.63% over the past 90 days. As the ecosystem continues to expand, GT's long-term value foundation is strengthened, with the burn mechanism further optimizing its supply structure.

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According to the official announcement, the on-chain burn of GateToken (GT) for Q3 2026 has been successfully completed. A total of 1,987,321.2431520 GT has been transferred to the burn address, with a total burn value exceeding $22.35 million. On-chain transaction details can be viewed at: https://etherscan.io/tx/0x4d0e1a6c996f1e9720a1b87f9d12999eee65f0ee83c7f61456fc5992b03cb5e2 Key Details of This Burn: GT is the core

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