Gelato coin issuance price

The Gelato Network Token (GEL), launched in 2021 with an initial price of $0.10, has since fluctuated in value and currently trades around $0.09.

Dec 30, 2024 at 07:53 am

Key Points:

• Gelato is a decentralized network that automates tasks on-chain.
• The Gelato Network Token (GEL) is the native cryptocurrency of the Gelato network.
• GEL was issued in a public token sale in March 2021, raising $11 million.
• The initial issuance price of GEL was $0.10.
• GEL has been listed on several major cryptocurrency exchanges, including Binance, Huobi, and OKEx.
• The current price of GEL is $0.09 USD as of Jan 18, 2023.

Details:

Gelato Network Overview:

• Gelato is a decentralized network that enables developers to automate tasks on-chain.
• The network is powered by a network of bots that can execute tasks on behalf of users.

• Gelato bots can be used to perform a variety of tasks, such as:

  • Triggering smart contract functions
  • Sending transactions
  • Monitoring blockchain events
• Gelato has the potential to revolutionize the way that developers build and deploy blockchain applications.

Gelato Network Token (GEL):

• The Gelato Network Token (GEL) is the native cryptocurrency of the Gelato network.
• GEL is used to pay for gas fees when using Gelato bots.
• GEL can also be used to stake in the network, which allows users to participate in the governance and security of the network.

Gelato Token Sale:

• The Gelato token sale was held in March 2021.
• The sale raised $11 million in ETH and USDT.
• The initial issuance price of GEL was $0.10.

Gelato Token Listings:

• GEL has been listed on several major cryptocurrency exchanges, including:

  • Binance
  • Huobi
  • OKEx
• GEL can be traded against a variety of cryptocurrencies, including BTC, ETH, and USDT.

Current Price of GEL:

• As of January 2023, the current price of GEL is $0.097 USD.
• The price of GEL has fluctuated significantly since its launch, but it has generally been trending upwards.

FAQs:

What is the purpose of the Gelato Network?

• The Gelato Network is a decentralized network that allows developers to automate tasks on-chain.

What is the purpose of the Gelato Network Token (GEL)?

• The Gelato Network Token (GEL) is the native cryptocurrency of the Gelato network. It is used to pay for gas fees, stake in the network, and participate in governance.

What was the initial issuance price of GEL?

• The initial issuance price of GEL was $0.10.

When was the Gelato token sale?

• The Gelato token sale was held in March 2021.

On which exchanges is GEL listed?

• GEL is listed on Binance, Huobi, OKEx, and several other major cryptocurrency exchanges.