- Buy Crypto
- Market
- Futures
- Spot Pro
- Copy Trade
WE-Launch
On-chain Analyst Monitoring: Over 1.92 Million GT Coins Burned on-chain in Q2 2025
BlockBeats News, July 7th, according to on-chain analyst Ai姨 (@ai_9684xtpa), GateToken (GT) has completed the on-chain burn operation for the second quarter of 2025, with a total of 1,922,789.196841 GT transferred to the burn address. As of now, the total amount of GT burned on the Gate platform has exceeded 180 million.
Ai姨 pointed out that recently, several exchanges have successively put the quarterly burn mechanism on the agenda, making the on-chain deflation trend more significant.
Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous burn strategy, demonstrating the platform's long-term commitment to its deflationary economic model.
You may also like
USDC Stablecoin Expands to XRP Ledger, Boosting Cross-Chain Transfers
Imagine having a reliable digital dollar that moves seamlessly across blockchain networks, much like how cash flows effortlessly…
President Trump Poised to Issue Executive Order Enabling Crypto Investments in 401(k) Retirement Plans
Imagine saving for your golden years not just with traditional stocks and bonds, but dipping into the dynamic…
Why Bitcoin Price Stays Stagnant: Long-Term Holders Offloading to Institutions as of August 20, 2025
Bitcoin’s price has been hovering without much movement, even as big players like institutions and companies dive in…
Snoop Dogg’s Telegram NFT Gifts Sell Out in 30 Minutes: Is the NFT Boom Returning on August 20, 2025?
Imagine the thrill of snagging a piece of hip-hop history that you can flaunt right on your social…
Florida Shelves Strategic Bitcoin Reserve Bills Amid Ongoing State Push
Florida’s efforts to pioneer a state-level Bitcoin reserve have hit a snag, with House Bill 487 and Senate…
Gainers
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App