Gateio’s token GT, which has recently come to the fore with claims of liquidity problems, continues to decline.
The allegations against the Gateio exchange continue. Gateio, who allegedly had a liquidity problem a few days ago, denied these events. However, the fact that the Gate Token (GT), the stock market’s own token, is still losing value, continues the dangers. GT, which lost 6.70 percent in the last 24 hours, became the most falling coin of the day. The downward trend of BTC affected this situation even more negatively, pulling GT down.
The Wave of Sales in Gate Token (GT) Doesn’t End
In the past times of crypto history, many liquidity problems were encountered. The clearest example of this event was seen on the FTX exchange. Fighting with its liquidity, FTX was defeated and declared bankruptcy. The same problems are coming up, this time for Gateio. But Gateio, who denies these rumors, insists that there is no problem.
Gateio investor, on the other hand, started to withdraw his money from the stock market due to the rumors in the market. Gateio’s trading volume, which was gradually decreasing, was reflected in the Gate Token (GT), causing a serious decrease. It is a matter of curiosity what will happen in GT for the next time.
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