$GT price pump by 5.08%, GT circulation reduced to less than 100 million coins

Gate news: In the third quarter of 2024, Gate Token (GT) completed on-chain destruction, with a total of 2,244,543.9745556 GT destroyed. As of now, the cumulative amount of GT destroyed has reached 174.1 million, with a circulating supply of about 96 million, successfully achieving the phased goal of reducing the circulating supply to within 100 million. Since the implementation of the GT destruction policy in 2019, the total supply has been reduced by about 58.06%, providing solid support for its long-term value.

According to Gate.io data, the price of $GT has pumped 5.08% in the past 24 hours, and the current price is $10.18. The market capitalization is $1.03B, with a 24-hour trading volume of $2.93M.