As cryptocurrency markets continue to expand with thousands of coins including platform coins and tokens in circulation, identifying the investment-worthy ones can be a tad overwhelming. However, with many positive factors including being the native coin on the same ecosystem of Gate.io, one of the world’s leading cryptocurrency exchange platforms,
GateToken is a potential gem among many other platform coins.
Since being introduced as the base token of the Gate.io ecosystem in 2020, the value of the GateToken continues to gain significant traction with an actively growing market capitalization and volume. With multiple cryptocurrency exchanges releasing their own tokens in recent years, GateToken stands out as Gate.io’s ecosystem with its dedicated GateChain blockchain, is further progressing across multiple sectors of decentralization beyond limits, thereby providing the perfect foundation for its success, drawing multiple beneficial offers for its investors. As an exchange platform with a solid drive for new and better improvements, Gate.io’s network will allow easy upgrades for GateToken.
The GateToken (GT) is built on Gate.io’s highly secure and next-generation public chain, GateChain, using its own network to process transactions. When compared to other exchanges, GateToken offers investors a wide range of benefits and rewards including high-value returns as well as a reinforced security level, making it a top investment choice and more advantageous than other decentralized exchanges.
Of course, market performance is an important factor for investors in the space. GateToken (GT) has outperformed many platform coins, increasing by just over 100% over the last year, currently valued at $6.61. For reference, competing platform tokens lost value such as BNB, down 21.58%; FTT, down 15.55% and HT, down 51.84% or struggled to perform as well as GT, such as KCS, up 69.41% and OKB up only 13.8%.
The Gate.io ecosystem continues to experience a tremendous amount of growth as an exchange platform that offers a wide range of services across the blockchain ecosystem including multiple tradable assets, NFT Marketplace, a dedicated public chain that enables interoperability, and more, and as such, users get a chance to benefit from GT hitting an all-time high in the near future, allowing them to earn long-term returns among other benefits including trading fees payment, profiting investment value, activities participation on the platform and more.
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Article Source: chainwire
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice