Gitcoin (GTC) price has declined today.
The price of Gitcoin (GTC) is $0.891410 today with a 24-hour trading volume of $5,160,625. This represents a -22.50% price decline in the last 24 hours and a -34.40% price decline in the past 7 days. With a circulating supply of 61 Million GTC, Gitcoin is valued at a market cap of $54,233,702.
What is Gitcoin?
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.
What is the GTC token?
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.
What is Quadratic Funding?
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.
What is Quadratic Voting?
Quadratic Voting (QV) is an optimal mechanism for democratic governance. Implementing QV for governance is a proposed milestone on Gitcoin’s decentralization timeline.
Where can you buy Gitcoin?
GTC tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Gitcoin is BingX, where the most active trading pair GTC/USDT has a trading volume of $154,125.25 in the last 24 hours. Other popular options include BTSE and Bitget.
What is the daily trading volume of Gitcoin (GTC)?
The trading volume of Gitcoin (GTC) is $5,160,625.15 in the last 24 hours, representing a 121.40% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Gitcoin (GTC)?
The highest price paid for Gitcoin (GTC) is $89.62, which was recorded on May 25, 2021 (about 2 years). Comparatively, the current price is -99.00% lower than the all-time high price.
What is the all-time low for Gitcoin (GTC)?
The lowest price paid for Gitcoin (GTC) is $0.841165, which was recorded on Jun 10, 2023 (7 hours). Comparatively, the current price is 5.90% higher than the all-time low price.
What is the market cap of Gitcoin (GTC)?
Market capitalization of Gitcoin (GTC) is $54,233,702 and is ranked #368 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GTC tokens (61 Million tokens are tradable on the market today).
What is the fully diluted valuation of Gitcoin (GTC)?
The fully diluted valuation (FDV) of Gitcoin (GTC) is $89,107,292. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million GTC tokens are in circulation today. Depending on how the emission schedule of GTC tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Gitcoin compare against its peers?
With a price decline of -34.40% in the last 7 days, Gitcoin (GTC) is underperforming the global cryptocurrency market which is down -8.50%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Gitcoin today?
The community is bearish as more than 50% of users are feeling bad about Gitcoin (GTC) today.
How to add Gitcoin (GTC) to MetaMask?
Adding Gitcoin (GTC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GTC as a token. You can copy GTC’s contract address (0xde30da39c46104798bb5aa3fe8b9e0e1f348163f) and import it manually, or if you've installed MetaMask's chrome extension, add GTC to MetaMask with one click on CoinGecko.
Add GTC to MetaMask.
