I invested a small amount in GMT coin today. It's up 182% this morning. The crypto, which was opened on Binance at $ 0.01, is currently at $ 0.23. Is there a future for this crypto or is it just a crypto?
I think this coin payout is huge which I am afraid will not sustain for long term because there are many competitors coins with same use case are coming in the market. GMT coin was created on Solana network which is facing technical issues every now then its network shut down. This outage issue has created lot of negativity in the market about its decentralized status which is reflected on its price. Its price has come down from $250 to $39 which is huge. I am quite sure it will also impact GMT price.