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GateToken (GT) Burns Nearly 2 Million Tokens in Q3 2026, Further Strengthening Its Long-Term Value Foundation
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Gate completed a quarterly on-chain burn of GateToken in Q3 2026, moving 1,987,321.2431520 GT to a burn address. The latest burn lifted the cumulative amount destroyed to 191,934,541 GT, and Gate Chain’s total supply is now 63.98% below its 2019 mainnet launch level.
Key claims & sources
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Gate’s burn count reached 191,934,541 GT after the latest reduction.
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Gate Chain’s total supply has fallen 63.98% since its mainnet launched in 2019.
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GateToken’s Q3 2026 on-chain burn was completed, and 1,987,321.2431520 GT was sent to a burn address.
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The Q3 burn was valued at more than $22.35 million.
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BeInCrypto
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Oct 5 09:28
BeInCrypto
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Breaks the event: $1.5B and $22.4M