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GateToken Torches 1.54M GT in Q1 Burn—Deflationary Move Tightens Supply
GateToken Torches 1.54M GT in Q1 Burn—Deflationary Move Tightens Supply
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Gate.io’s native token just turned up the heat: 1,542,910 GT sent to the incinerator in Q1 2025. Another calculated burn by the exchange to squeeze circulating supply—because nothing says ’long-term value’ like systematically destroying your own asset.
Deflationary mechanics 101: Fewer tokens in circulation = higher scarcity. GateToken’s quarterly burns have become a predictable (if effective) play—meanwhile, traders still chasing the next memecoin pump won’t notice until the price chart starts vertical.
Pro move or just propping up GT’s price? Either way, it beats the ’trust us, we’re decentralized’ pitch from chains that can’t even publish audited tokenomics. Burn baby burn—just don’t expect Wall Street to care until the next ATH.
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