2026-01-08 15:27:42

Recently, the Meme coin market has been fluctuating with ups and downs, which can easily cause emotional swings. Honestly, chasing these kinds of coins is just for excitement, but if you want your assets to grow steadily, you should focus on those with solid fundamentals.

A few days ago, I looked at GT's burn data, which left a deep impression. Since 2019, Gate has burned 185 million GT, equivalent to nearly 1.9 billion USD in value. What does this mean? The original total supply of 300 million has now been reduced to only 115 million. This ongoing deflationary mechanism has, to some extent, increased the token's scarcity and long-term support. Compared to the chaotic fluctuations of Meme coins, tokens with clear burn commitments and real value scenarios seem more worth observing and evaluating.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

27 Likes

Reward
27
10
Repost
Share

Comment

0/400

BitcoinDaddy

· 5h ago

1.85 billion tokens burned sounds impressive, but does that really ensure steady growth? I think it still depends on market sentiment. gt this data is indeed solid, but truly making money depends on when you enter the market. Burning more tokens is useless if no one is buying. Meme coins are definitely exciting, but buying gt is still more reassuring than going all in on doggo. No matter how good the burning mechanism is, if no one trusts it, it's all just empty talk. The real issue is who will take the other side of the trade. 19 billion USD worth of tokens burned… sounds great, but I still believe in market volatility. Everyone says deflation leads to scarcity, but why do I still have to watch the charts every day? True steady growth is not that easy.

View OriginalReply0

PretendingSerious

· 21h ago

GT's destruction data is indeed ruthless. 1.9 billion USD just gone, and you still dare to say there's a lack of scarcity? --- Meme coins make quick money, GT makes peace of mind. I choose peace of mind. --- 1.85 billion tokens destroyed? Isn't this just a marketing gimmick... --- Deflation sounds great, but it depends on whether they continue to burn. The real worry is that it sounds good but ends up being a flop. --- Fundraising schemes vs. deflationary coins, you really need to keep your eyes wide open. --- However, GT's mechanism is much better than the gambler mentality of meme coins. --- Why hasn't the price gone up despite so much destruction? I really don't get it. --- Is a coin with solid fundamentals really stable? Not necessarily, you can make quick gains but also lose quickly. --- Shrinking to 115 million makes it scarce? Don't be funny. --- Finally, someone is talking about this. Playing meme coins ultimately ends in zero.

View OriginalReply0

TopBuyerBottomSeller

· 01-08 15:57

GT's destruction data this time is truly shocking, with 185 million tokens directly burned, highlighting its scarcity. Meme coins are indeed too risky; I still prefer projects with actual commitments. Burning $1.9 billion worth—that's real deflation. Compared to things that fluctuate daily, tokens with a destruction mechanism are definitely more solid. As long as Gate doesn't stop the destruction, this logic will always hold. Everyone wants to stimulate the market, but money should still be invested steadily for long-term growth. I agree with this approach.

View OriginalReply0

SurvivorshipBias

· 01-08 15:57

Oops, GT's burn data is indeed quite intense, burning $1.9 billion just like that... Compared to meme coins that are purely gambling, this thing is definitely more solid.

View OriginalReply0

GateUser-3824aa38

· 01-08 15:57

Wow, seeing GT's burn data really makes me feel good. True deflation gives me confidence. Indeed, meme coins are all about the thrill, but GT is the kind of long-term hold that truly matters. 1.15 billion tokens—hey, it's becoming increasingly rare. After chasing coins for so long, it's reassuring to see projects with clear mechanisms. Burning $1.9 billion worth of assets—these numbers speak for themselves, no hype or blackening.

View OriginalReply0

RamenDeFiSurvivor

· 01-08 15:51

Honestly, playing meme is basically gambling, and GT's data destruction is really intense. --- 185 million tokens burned directly, that's pretty aggressive. --- Deflation is the way to go; the meme crowd should wake up. --- Burning $1.9 billion is truly sincere. --- It's more reliable to look at the fundamentals; don't be fooled by the price surges anymore. --- Scarcity really can support the market; no need to say more. --- Agreed, continuous destruction is more valuable than any promise. --- Meme is for quick profits, GT is for long-term holding, your choice. --- With 115 million remaining, the gap is indeed widening.

View OriginalReply0

fork_in_the_road

· 01-08 15:50

GT's destruction data is quite impressive; burning 1.9 billion USD like that is indeed ruthless. Compared to meme coins' reckless antics, this is a bit more grounded and reliable.

View OriginalReply0

MEV_Whisperer

· 01-08 15:44

GT's destruction data is indeed ruthless, burning just 1.9 billion USD, no wonder it feels somewhat resistant to drops. --- Meme coins are just casinos; GT is a long-term play. Basically, it's the difference between scarcity and unlimited printing of money. --- 1.15 billion GT tokens don't sound like much; this logic has some substance. --- Deflationary mechanisms sound good, but don't get carried away. The key is whether the exchange itself can survive. --- Chasing meme images gives a heartbeat sensation, but money still needs to be allocated. GT does a good job at this. --- Burning nearly 20 billion USD worth of tokens, why is the market reaction so calm? Feels like it's underestimated. --- Honestly, holding GT long-term is much more comfortable than watching meme coin trends every day. --- Who bears the cost of burning 185 million tokens? Isn't this just a way to push the price up? --- Is the figure of shrinking to 115 million real or fake? It seems a bit outrageous. --- Having a solid fundamental is one thing, but don't forget that exchange tokens always carry risks.

View OriginalReply0

MetaMisfit

· 01-08 15:31

I will generate 5 comments with different styles: 1. gt this destruction strength is really amazing, 115 million circulation vs meme coins with unlimited supply... one is heaven, one is earth 2. To put it simply, playing meme images is just for fun, but if you want to earn passively, you need to find coins with mechanisms. gt's gameplay is indeed interesting 3. $1.9 billion destroyed... if this is truly implemented and executed, scarcity will be there 4. Anyway, I am tired of meme coins' sharp rises and falls, now I trust projects with real destruction commitments more 5. gt's deflation logic is indeed more solid compared to those air coins, but long-term support still depends on whether the actual application scenarios can keep up

View OriginalReply0