"Gifto (GFT), additional issuance of 1.2 billion GFT after Binance delisting announcement... Supply doubled"
YM Lee
Summary
- Gifto (GFT) announced an additional issuance of 1.2 billion GFT after the Binance delisting announcement.
- The issuance increased the total supply by more than double, urging caution to investors.
- The price of Gifto (GFT) is currently trading at 0.0067 dollars, a 39.10% decrease compared to the previous day on the CoinMarketCap standard.
On the 26th, Gifto (GFT), which was announced to be delisted from Binance, issued an additional 1.2 billion GFT.
On the 28th (local time), the online analyst JakXBT stated through his X (Twitter) that "the Gifto team issued an additional 1.2 billion GFT on BSC a few hours ago, doubling the total supply. Subsequently, deposits were made to various exchanges such as KuCoin, MEXC, HTX, Bithumb, Binance, OKX, and Gate.io," urging caution to investors.
Prior to the delisting announcement, GFT was traded at 0.012 dollars, but it is currently trading at 0.0067 dollars, a 39.10% decrease compared to the previous day on the CoinMarketCap standard.
YM Lee
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