$GT is trading around $10, showing steady momentum after peaking near $25.9 last year. Quarterly token burns continue to reduce supply, which adds structural scarcity and long-term value potential. GT now powers the Gate Layer L2 network as the main gas token, increasing on-chain utility across Gate Perp DEX, Gate Fun, and other ecosystem tools.
Support is near $9.8–$10, resistance around $11–$11.2. A sustained move above resistance could attract more buying interest.
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