The native token of the GateChain public blockchain, Gate (GT), has become the top-performing altcoin with a 10% price increase, reaching an all-time high of $15. The surge is attributed to notable buying pressure and the demand for exchange-linked tokens. Gate's market cap is close to hitting $2 billion, and if the price continues to rise, it could reach more than $1.90 billion in the short term. Technical indicators, such as the Money Flow Index (MFI) and Bull Bear Power (BBP), suggest that the altcoin's value may continue to rise, potentially reaching $16 or even $20. However, profit-taking could lead to a decline in value to $12.39.



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