CandleFocus GateToken Reaches All-Time High as Price Surges 25%
2024-12-26
Author: Content Editor
Bitget Token (BGB) and GateToken (GT) have seen significant increases in value amid a fluctuating crypto market. BGB has experienced a 30% surge, reaching an all-time high of $6.86, while GT has surged nearly 25%, reaching an all-time high of $17.02. GT's rise follows Gate.io's denial of hack rumors and recent acquisition of Coin Master, bolstering confidence in the platform. Despite the broader crypto market downturn, GT's value remains strong, with a market cap of $1.45 billion and a trading volume increase of 420% to $55 million. This surge is supported by rising user numbers and a record reserve of $9.566 billion. In the GT/USDT 4-hour chart, bullish signs are present, indicating potential for continued growth and a price target of $25 by 2024. Key resistance levels are currently at $19.5 and $23.
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