GateToken (GT) will burn 1.54 million tokens in Q1 2025 and continue to promote the deflationary strategy GateToken ($GT), GateChain's functional and fuel token, has reduced the initial supply of 300 million tokens by about 59.54% since its mainnet launch in 2019 through a continuous token burn mechanism. In the first quarter of 2025, GT burned 1,542,910.75 tokens, worth about $33.8452 million, and burned a total of 178.6 million tokens, with a total value of about $3.92 billion. This mechanism aims to support the long-term value of the token by controlling the supply. Destruction of data: - Burn: 1,542,910.75 GT (about $33,845,200) - Cumulative burns: 178.6 million GT (about $3.92 billion) - Supply Reduction: 59.54% Market Data (CoinMarketCap, May 14, 2025): - GateToken ($GT): $2.06 billion in market cap (ranked #45) - Bitget Token ($BGB): $5.58 billion in total market cap (ranked #26) - $OKB: Total market capitalization of $2.96 billion (#37, some data based on other sources) - Binance Coin ($BNB): $95.03 billion in total market capitalization (ranked #4) Future Plans: GateChain plans to optimize infrastructure, such as data availability (DA), to improve network efficiency and security, and expand the Web3 ecosystem to cover wallets, transactions, asset management, NFTs, and other fields to enhance user experience and token utility. Analysis: The burning mechanism of GT is more prominent among exchange tokens, and the supply is decreasing faster, showing the importance of value management. Compared with BGB and OKB, GT has a lower market capitalization, but the deflationary strategy provides it with stable value support. BNB takes the lead with a mature ecosystem, indicating that the size of the ecosystem has a significant impact on market capitalization. The future development of GateChain needs to focus on the implementation effect of technology upgrading and ecological expansion. Not Investment Advice, DYOR.