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Details: https://www.gate.com/announcements/article/47889
Recently, the Meme coin market has been fluctuating with ups and downs, which can easily cause emotional swings. Honestly, chasing these kinds of coins is just for excitement, but if you want your assets to grow steadily, you should focus on those with solid fundamentals.
A few days ago, I looked at GT's burn data, which left a deep impression. Since 2019, Gate has burned 185 million GT, equivalent to nearly 1.9 billion USD in value. What does this mean? The original total supply of 300 million has now been reduced to only 115 million. This ongoing deflationary mechanism has, to some extent, increased the token's scarcity and long-term support. Compared to the chaotic fluctuations of Meme coins, tokens with clear burn commitments and real value scenarios seem more worth observing and evaluating.