GateToken
GT#59GT is the token of the Gate crypto exchange, used to pay network fees and get trading discounts.
- Market cap
- $1.17B
- Volume 24h
- $3.93M
- All-time high
- —
- Circulating supply
- 106.65M of 142.62M
Passes our 8 Shariah criteria. Needs caution: business model, excessive uncertainty (gharar), and usage.
- 5 pass
- 3 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
GT is the token of the Gate exchange: about 63% of its original supply has been burned from exchange revenue, but its value depends on one company and there is little public data on its own chains.
Reviewed every 3 months and on major eventsNews: Mixed
News around GT was limited to Gate's exchange activity: an industry review placed Gate among the larger spot venues in August and third in perpetual futures on real-world assets.
Reviewed monthly and when something material happensPrice & market
GT trades at about 11.04, inside the current zone of 10.9 to 11.2 and near the top of its yearly range after a strong month. A large share of supply has been burned from Gate's revenue, but the token depends on one exchange and its finances are not fully audited. Room to 13 is about 17.8%, while the revision level at 8.88 is about 19.6% lower. Over the next 2 to 12 weeks the interest zone of 9.65 to 9.98 would offer a much better balance.
- Review level
- $8.88
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 5 days to go.
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
