Real-time GEL price analysis
The current price of ice cream in real time is US$0.8614and its trading volume is equal to US$656,925 in the last 24 hours. The price of GEL is fell on
2.80%
on the last day and decreased by
0.04%
in the last 7 days. It is important to note that Gelato’s current market capitalization is US$94,714,875Speaking of working capital, GEL has 109 951 523 coins. Gelato’s current market rating is #364.
Gelato price today
79.72%
below
always on top and that’s it
4595.84%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling GEL are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Gelato?
GEL is the native token of the Gelato network that functions as a decentralized automation protocol.. It provides developers with an Ethereum-based platform. smart contract infrastructure builder and executor services that are designed to help users automate transactions. The purpose of the platform is to eliminate the lack of complexity, reliability and centralization.
Essentially, the Gelato crypto project calls itself Decentralized Web3 backend. It generates the underlying infrastructure that gives developers access to reliable decentralized bot network. These bots can be tasked with monitoring the state of off-chain protocols and performing arbitrary transactions on their behalf.
Check out the ice cream price chart. It displays both the current and previous GEL price.
Options for using GEL tokens
The GEL token is the driving force behind the entire platform. Two main uses of the token: management and participation.
From a management perspectiveVoting on the various ideas put forward in the Gelato DAO gives all token holders the opportunity to influence the path the protocol takes in the future. These decisions include setting the price of Gelato for artists, deciding on developer incentive systems, and requiring that artists always conduct transactions in the best interests of end users.
About stakingPerformers must purchase and stake GEL coins to participate in the transaction process on the Gelato network and in return receive rewards for their efforts. In addition, performers receive the right to reserve “slots” by placing bets, which gives them the exclusive right to receive commissions for completing transactions for a certain period of time. Slots can be reserved for a specific period of time.
The price of the lari may change depending on the stability of the market. Thus, check the Gelato price chart to see the current value of the token.
Who founded ice cream?
The Gelato token was introduced to the public on September 13, 2021. Hilmar Orth and Louis Schlisske are behind the creation of the platform. They are also co-founders of another blockchain company that helps businesses in Europe create new business models using smart contracts.
Later, to help them develop automated dApps, they built the Gelato crypto platform. Both founders have degrees in finance and experience working in a variety of new ventures.
Ari Rodriguez, Mathieu Marie Joseph, Yahya, Jun Gong and Pedro Cruz are some of the other important team members.
Tokenomics of lari
The maximum volume of the Gelato token is 420,690,000 GEL. GEL 16,827,600 was allocated for public sale and GEL 88,344,900 was allocated to private investors with a two-year lock-in period and a staggered release schedule. In addition, the founding team received 15% of the total proposal (GEL 63,103,500), and 50% of the proposal (GEL 210,345,000) was allocated to community development without a lock-in period.
Gelato Network also plans to implement ransom and burning system for GEL tokens to reduce supply and increase demand over time, which will stabilize the price of GEL. This system will involve the redemption of tokens from exchanges using funds from transaction fees generated on the platform. The redeemed tokens will then be permanently destroyed, further reducing the total supply and increasing scarcity for the remaining token holders.
What is the Gelato trading volume in the last 24 hours?
GEL trading volume is US$656,925 in the last 24 hours.
What is the highest price for ice cream?
The highest price is in lari $4.25which was achieved at November 25, 2021 (2 years 2 months ago).
What is the lowest price for ice cream?
Lowest price in lari US$0.0183which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are the best to buy and sell lari?
Currently, the most active and dominant exchanges for buying and selling ice cream are Binance, Kraken & Kucoin. The most popular Gelato trading pairs Lari/USDT
(on
LATOKEN
),
GEL/VET
(on
Uniswap (V3)
),
Lari/USDT
(on
Gate.io
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing GEL?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Gelato. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
Ice cream related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
