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Here’s the latest on GateToken (GT), the native crypto of Gate.io: 0.11(+0.65%) 📰 Recent Highlights
🔥 Token Burns Continue Strong
• In Q2 2025, GateToken burned 1,922,789 GT (~$39M), bringing the cumulative burn to over 180.55 million GT—more than 60% of the original 300 M supply—enhancing scarcity and deflationary pressure. 
📈 Price Movements & ATH
• GT hit its all-time high (ATH) of $25.94 on January 25, 2025. 
• Around May 21, 2025, the price peaked at $21.61 amid growing platform activity. 
• As of late July, the current price ranges between $17.00–17.50, with a market cap around $2.0–2.1 billion USD and daily volume of $6–9 million.   
🚀 Market Sentiment & Projections
• Analysts see GT defying bearish trends; just a ~1 % gain is needed to revisit its $25 ATH. A realistic short-term target is $19, assuming ongoing momentum. 
• Technical indicators suggest a neutral market (RSI ~49), with a 50-day SMA target hitting $17.58 by early September and 200-day at $16.04.