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    $1.83522 $ 1.83522
    +¥5204,24 3.3% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    26.07M
    24H Volume
    3.6M
    Circulating Supply
    14.21M GTC
    Max Supply
    100M GTC
    All Time High
    89.62
    Rank
    561

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    • About Gitcoin (GTC)

      Gitcoin is a platform to fund builders looking for meaningful, open source work. Project owners can publish their projects such as codebase, git repository, podcast, and various initiatives on the platform. Donors can browse a list of projects and choose what they would like to fund. The platform has funded over $19.3 million to date to up to 160,000 developers. With the launch of GTC token, Gitcoin is moving to decentralizing their platform to be managed by the community. GTC is the governance token on Gitcoin. The objective is to build a DAO of DAOs which will manage funding through quadratic funding for the development of the open web. Grants, treasury management, and dispute resolutions will be decentralized and managed by the DAO. Quadratic Funding (QF) is the mathematically optimal way to fund public goods in a democratic community because it prohibits whales and central power brokers from controlling the ecosystem. This distributes power back to each community member. Quadratic Voting (QV) is an optimal mechanism for democratic governance. Implementing QV for governance is a proposed milestone on Gitcoin’s decentralization timeline. The 24 hour trading volume of Gitcoin is $3,565,332. The all-time high price of Gitcoin is $89.62 on May 25, 2021 (over 1 year). The all-time low price of Gitcoin is $1.42 on Nov 09, 2022 (24 days). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.
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    • Gitcoin Market

      Currency Price 24H Change Action
      Gitcoin
      GTC /USDT
      3X Margin
      $1.83522 +3.3% Trade
      Gitcoin
      GTC /USDT
      Spot
      $1.83522 +3.3% Trade

    Gitcoin FAQs

    • 1. What determines the price of Gitcoin?
      There are two schools of thought in determining the price of Gitcoin.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Gitcoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Gitcoin from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Gitcoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Gitcoin as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Gitcoin and the cryptocurrency market as a whole.
    • 2. What is the highest price of Gitcoin in history?
      Gitcoin achieved the all-time high of $89.62 in 2021-05-25, and is currently trading at $1.84.
    • 3. What is the lowest price of Gitcoin in history?
      In 2022-10-13, Gitcoin reached the all-time low of $1.42.
    • 4. Should I buy Gitcoin now?
      It is important to remember that Gitcoin, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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