Price
$3.61
11/30/2022, 6:33:25 PM
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GateToken can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$391.3M

Volume (24h)

$1.1M

Circulating supply

108.3M GT

All time high

$13.09

Price change (1h)

-0.38%

Price change (24h)

-0.01%

Price change (7d)

+1.67%

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GateToken is on the rise this week.

The price of GateToken has risen by 1.67% in the past 7 days. The price declined by 0.01% in the last 24 hours. In just the past hour, the price shrunk by 0.38%. The current price is $3.61 per GT. GateToken is 72.40% below the all time high of $13.09.

The current circulating supply is 108,265,076.628 GT.

About

What Is GateToken (GT)?

GateToken (GT) is the native coin of the GateChain platform, which is a secure, scalable platform and functional with multiple blockchains. GateChain is a next-gen public blockchain focused on on-chain asset safety and decentralized trading. On-chain transactions are the transactions that occur on the blockchains. 

According to its whitepaper, GateChain is built to solve complex problems with blockchain technology. GateChain deals with the problems without compromising any decentralized aspects or advantages of the blockchains. The ecosystem of GateChain comprises GateChain (https://www.coinbase.com/learn/crypto-basics/what-is-a-dex#:~:text=A%20decentralized%20exchange%20(or%20DEX,occur%20directly%20between%20crypto%20traders.&text=A%20decentralized%20exchange%20(better%20known,occur%20directly%20between%20crypto%20traders) (decentralized exchange), GT wallets, and many more. The ecosystem of GateChain is an enterprise-grade decentralized ecosystem that can issue, store, and trade digital assets efficiently and securely.

EVM is a module of GateChain that supports smart contracts, enabling projects to build and deploy their products on the GateChain network. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

GT token holders can use the GT coin to fund transaction fees or gas fees on GateChain’s network. GT coin also serves as the proof-of-stake (PoS) staking reward and plays a significant role in GateChain’s functions. Gas refers to fees required to conduct a transaction or execute a contract on the Ethereum blockchain. GateChain seeks to use a certain amount of GT tokens to deploy and call contracts and extend the coin usage.

The prime features of GateChain are as follows:

  • Transfer/ trade- users can send/receive GT tokens and popular on-chain assets using the platform’s wallet. 

  • Asset issuance- users can issue their tokens to digitalize and manage their assets. 

  • Multi-signatures- multiple users can share ownership of an account and customize its management, appropriate for the platform and community requirements. 

  • Asset safe storage (vault account)- vault account is a clearing mechanism that tackles the problems of asset theft and private key loss. 

  • PoS consensus mechanism- GT works as a stable reward for users participating in staking and ensures the stability of the ecosystem. 

History of GateToken

GateToken’s GateChain was launched in 2019, and its whitepaper was updated on January 14, 2022.

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FAQ

What is the current price of GateToken?

The price of 1 GateToken currently costs $3.61.

What is the market cap of GateToken?

The current market cap of GateToken is $391.29M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of GateToken?

The all-time high of GateToken is $13.09. This all-time high is highest price paid for GateToken since it was launched.

What is the 24 hour trading volume of GateToken?

Over the last 24 hours, the trading volume of GateToken is $1.14M.

What other assets are similar to GateToken?

Assets that have a similar market cap to GateToken include Tether Gold, Fei USD, THORChain, and many others. To see a full list, see our comparable market cap assets.

How many GateToken are there?

The current circulating supply of GateToken is 108 million.