Multichain

April

GateToken

Coin

<ul class="list-ic vertical">
 <li><span>1</span> <a>In 2022 the gate.io crypto exchange got a rating from the Forbes advisor.</a></li>
 <li><span>2</span> <a>The multichain team stated that the CEO of gate.io had gone missing.</a></li>
 <li><span>3</span> <a>The GT coin price is bullish and is on an uptrend.&nbsp;</a></li>
</ul>
<p>In 2013, the cryptocurrency exchange Gate.io was founded. It offers services connected to the trading of different digital assets and is among the world’s first exchanges. It is renowned for being a trustworthy and safe worldwide cryptocurrency platform with over 10 million registered users.&nbsp;</p>
<p>Gate.io is consistently ranked among the top 10 cryptocurrency exchanges for liquidity and trading volume on CoinGecko.</p>
<h2 class="wp-block-heading" id="strong-gate-io-gets-a-rating-from-forbes-advisor-strong"><strong>Gate.io gets a rating from Forbes Advisor</strong></h2>
<p>After a thorough examination, Gate.io was given a 4.8 grade by Forbes Advisor and examined in the Blockchain Transparency Institute’s (BTI) market surveillance report. It is among the top cryptocurrency exchanges thanks to these accomplishments.</p>
<p>Outside of its controlled <a href="https://www.thecoinrepublic.com/2023/12/25/sandbox-price-can-the-sand-price-continue-its-upward-stream/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency </a>exchange, Gate.io provides a wide range of services, such as decentralized finance, labs, venture capital financing, research and analytics, wallet services, and more. It offers among the broadest selections of cryptocurrency assets as well.</p>
<p>Initially, it was believed that deposits and withdrawals of MULTI were stuck due to a poorly executed system update that took longer than usual. However, rumors that the dev team had been arrested in Shanghai started to spread shortly after.</p>
<h3 class="wp-block-heading" id="strong-rumors-statements-about-gate-io-strong"><strong>Rumors &amp; Statements about Gate.io</strong></h3>
<p>Although these speculations remain unconfirmed, the Multichain team has confirmed that the CEO has gone missing. It has left the developers without the access required to perform server maintenance, which could explain the downtime.</p>
<p>In response to these rumors, Gate.io released a statement, which Bloomberg saw, denying their involvement and clarifying what they have been doing lately.</p>
<p>According to a Gate.io spokesperson, the platform’s employees are occupied with the 10th anniversary of the platform they run and with the paperwork, most notably a Virtual Asset Service Provider (VASP) license, necessary for the launch of their new Hong Kong trading platform called Gate. HK.</p>
<p>The spokesperson also teased upcoming “user campaigns” to celebrate the platform’s 10th birthday and other upcoming features for the Gate community.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-prediction-of-the-gt-coin-price-strong"><strong>Technical Analysis &amp; Prediction of the GT Coin Price&nbsp;</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/ysq8nD7GTH6cWGuydvy4uPubXi9jNCgverYHBiYq2wppnvr4gZ-9d_yXYjiLUtrjaaeu2vhhI_bafRjLWBURikoPMz9Af4khyy7-cjsGsueyfBTySsAEm1rYeM82ZjXf9M_bjJr6VrvFNJcqwSCg-Qk" alt="GT Coin Price Analysis: Forbes Rates Crypto on the Uptrend">
  <figcaption class="wp-element-caption"><a href="https://in.tradingview.com/chart/X78t0Vyp/?symbol=GEMINI%3AGMTUSD" rel="noopener noreferrer nofollow">GT/USD</a> chart by TradingView
  </figcaption>
 </figure>
</div>
<p>In 2022, the GateToken (GT) crypto outperformed the crypto market. Although its price declined throughout the year, it still managed to evade the worst of the bear market.</p>
<p>Between April and June 2023, 1.6 million GTs were destroyed or burned, but the price has not kept up in the way that the platform’s bosses had anticipated.&nbsp;</p>
<p>The present technical analysis states that the GT coin bulls have taken control. However, the bears are strong on the resistance level of $5.47 while the bullish investors are taking support at $4.67.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/_370N8_dFZyrQDydXkMl73iuWx_rN86ZFj4lcvcEkvctLngtuOrJtAhRYFj5f8AW_3tzpp04j6lXJXZdxTPTkTvERCQDrnCaPi-94Fqv9DUpCk9Jw2CN6RweyRkP26FrgagJRfCpmK5udVI7rENlJUA" alt="">
 </figure>
</div>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>Gate.io received a 4.8 rating from Forbes Advisor and was scrutinized by the Blockchain Transparency Institute’s market surveillance report. In 2022, the GateChain blockchain’s GateToken (GT) outperformed the crypto market despite a price decline.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li><strong>Support Levels:</strong> $4.67 and $4.20</li>
 <li><strong>Resistance Levels: </strong>$5.47 and $5.85</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.</p>

GT Coin Price Analysis: Forbes Rates Crypto on the Uptrend

Table of Contents

Thecoinrepublic.com

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