GateToken is currently trading at $3.3987, after a price change of 1.57% in the last 24 hours.
Ranked as cryptocurrency #83 by capitalization today, GT market cap is valued at $368,008,703. GT trading volume reached $796,787 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on GT coin price prediction page.
What is GateToken?
GateToken is a public blockchain aimed at facilitating secure and decentralized digital asset trading. The network is secured through the proof-of-stake consensus algorithm. The protocol incentivizes native token holders to contribute towards network security through PoS mining. GateChain features enterprise-level multi-signature vault accounts and asset issuance services. The platform also enables cross-chain token transfers and enhanced payment solutions.
GateChain supports smart contracts with its added Ethereum Virtual Machine module. GateChain-EVM is compatible with the EVM smart contracts nodes to enable compatibility with all the smart contracts based on the Ethereum blockchain.
GT is the native token powering the Gatechain mainnet. The token is used in settling transaction fees on the network and is also part of the Gate.io ecosystem. There are 78,252,281.23 circulating GT tokens from a total supply of 300,000,000.
GateChain full nodes are responsible for maintaining the network functions. The nodes carry all the GateChain features, including creating a local testnet or joining an open public testnet or mainnet. GT can be delegated to a consensus account where a user gets mining rewards in return.
GateChain was launched in 2019.