Why is $GMT rising today?

CoinGecko reports a 12.2% increase in the last 24 hours, with a price reaching between $0.040 and $0.045. There is also a significant increase in volume, approximately 137% more than the previous day, indicating strong buying interest.

Kraken confirms a +10.74% advance in 24 hours, placing the price around $0.045.

CoinMarketCap reflects a 10.84% rise, with the price around $0.04494, accompanied by significant volume around $50–52 million.

Coinbase also highlights an 8% increase since last night, plus another 10% in the last 17 hours, adding more positive momentum.

What are the media saying?

CoinGecko mentions that Coinbase International will launch perpetual contracts for GMT (GMT-PERP), with trading expected to start on August 28. This event typically improves liquidity and attracts more traders, which likely drives the price upward today.