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

PRODUCTGateToken (GT) Burns Nearly 2 MillionTokens in Q3 2026, FurtherStrengthening Its Long-Term ValueFoundation10IMPORTANCECLOSED1NEWS MEDIA1PIECESOct 5, 2026 06:37blockboard.net

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.

What this rests on

Claim by claim, with its source
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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.

Market reaction

GT Gate it is the asset of the company or protocol in the event from 2 h before to 4 h after the line marks the first headline
published
-0.45 % before publication
+0.72 % after
$11price at publication
11series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

Has this happened before?

Nothing comparable yet.