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More: https://www.gate.io/announcements/article/43515
GMT Burning Plan lockup exceeds 150 million, GMT price rise exceeds 90%
Odaily Planet Daily According to BurnGMT.com data, the total Lock-up Position amount has reached 154,640,356 GMT, with an Annual Percentage Rate of about 400% at present. The price of GMT has pumped from 0.115 to a peak of 0.2193 since the planned launch, with an increase of about 90.26%. This plan has reached the first Lock-up Position target, which will burn the future 60 million advisor shares of GMT to be unlocked in the next 10 months. If the Lock-up Position amount reaches 500 million and 900 million next, it will trigger larger scale burning targets.