Gate Values GUSD at $1 in 13th Contract Points Event

According to Gate’s official announcement, GT’s price surge coincides with a 2.5 GT airdrop to eligible users and a scheduled 6 ICP distribution on November 6.

ICP

164d ago

Summary

Gate announced that GateToken (GT) reached a 24-hour high of $12.06, bringing its market capitalization to $1.143 billion. As part of the latest Contract Points event, each eligible user received 2.5 GT in airdrop rewards valued at approximately $30. The exchange confirmed that the next airdrop, distributing 6 ICP per eligible user, will begin on November 6 at 19:00 (UTC+8).

Terms & Concepts

Airdrop: A distribution of cryptocurrency tokens, often free, to promote awareness or reward users.
Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its price by the circulating supply.
ICP: The native token of the Internet Computer blockchain, used for computation and governance within its network.