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Gitcoin priceGTC

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GTC
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1 GTC = 1.25 USD
Last updated 2024-04-21 18:51:56(UTC-0)

Gitcoin price live data summary

The live price of Gitcoin is $1.25 per (GTC / USD) today with a current market cap of $82.93M USD. The 24-hour trading volume is $6.15M USD. GTC to USD price is updated in real time. Gitcoin is -3.00% in the last 24 hours. It has a circulating supply of 66,291,052 .

What is the highest price of GTC?

GTC has an all-time high (ATH) of $29.03, recorded on 2021-11-27.

What is the lowest price of GTC?

GTC has an all-time low (ATL) of $0.8032, recorded on 2023-08-17.

Gitcoin price prediction

Set your prediction

When is a good time to buy GTC? Should I buy or sell now?

When deciding whether to buy or sell GTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget GTC technical analysis can provide you with a reference for trading.
According to the GTC 4h technical analysis, the trading signal is Neutral.
According to the GTC 1d technical analysis, the trading signal is Sell.
According to the GTC 1w technical analysis, the trading signal is Sell.
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Gitcoin price performance in USD

24h7d30d90d1yAll-time
-3.00%+2.00%-30.85%+1.84%-20.99%--

Gitcoin price history in USD

TimeLowHigh
24h$1.23$1.31
7d$1.11$1.31
30d$0.9621$2.37
90d$0.9621$2.92
1y$0.8032$2.92
All-time$0.8032(2023-08-17, 249 days ago )$29.03(2021-11-27, 2 years ago )

Gitcoin market information

Market cap
$82,934,908.28
-3.00%
Fully diluted market cap
$125,107,241.21
-3.00%
Volume (24h)
$6,152,076.4
-10.04%
Market rankings
Circulation rate
+66.00%
24h volume / market cap
0.0741
Circulating supply
66,291,052 GTC
Total supply / Max supply
100,000,000 GTC
-- GTC

Gitcoin ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

Gitcoin Social Data

In the last 24 hours, the social media sentiment score for Gitcoin was 3.6, and the social media sentiment towards Gitcoin price trend was Bullish. The overall Gitcoin social media score was 21,122, which ranks 175 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,611,687 times, with Gitcoin being mentioned with a frequency ratio of 0.02%, ranking 173 among all cryptocurrencies.

In the last 24 hours, there were a total of 933 unique users discussing Gitcoin, with a total of Gitcoin mentions of 256. However, compared to the previous 24-hour period, the number of unique users decrease by 2%, and the total number of mentions has decrease by 10%.

On Twitter, there were a total of 7 tweets mentioning Gitcoin in the last 24 hours. Among them, 29% are bullish on Gitcoin, 0% are bearish on Gitcoin, and 71% are neutral on Gitcoin.

On Reddit, there were 82 posts mentioning Gitcoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 41% . Additionally, there were 0 comments mentioning Gitcoin. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
3.6
Social score(24h)
21.12K(#175)
Social contributors(24h)
933
-2%
Social mentions(24h)
256(#173)
-10%
Social dominance(24h)
0.02%
Twitter
Tweets(24h)
7
-22%
Twitter sentiment(24h)
Bullish
29%
Neutral
71%
Bearish
0%
Reddit
Reddit score(24h)
2514
Reddit posts(24h)
82
+41%
Reddit comments(24h)
0
0%

About Gitcoin(GTC)

What Is Gitcoin?

Launched in November 2017, Gitcoin has established itself as a vital hub for coders and developers, particularly in the Ethereum ecosystem. The platform's primary mission is to support the development of open-source software, a sector often overlooked in terms of funding and recognition. Gitcoin stands out by providing financial incentives for developers to engage in open-source projects, thereby addressing a critical gap in the digital infrastructure landscape.

At its core, Gitcoin is driven by the ideology that open-source software is fundamental to modern computing and software development. By funding "public goods" projects, which are non-rivalrous and non-excludable, Gitcoin aligns with the broader goals of the blockchain community. These projects range from initiatives improving privacy and infrastructure to those directly enhancing the Ethereum blockchain. The platform not only offers a sustainable model for developers through hackathons, bounties, and community grants but also encourages the submission of innovative project ideas for crowdfunding.

How Does Gitcoin Work?

The operational framework of Gitcoin focuses on various mechanisms to support and incentivize open-source development. A key feature of Gitcoin is its quadratic funding model. This unique approach to crowdfunding democratically aligns the interests of small and large donors. Unlike traditional 1:1 matching, quadratic funding uses a proprietary formula that gives more weight to projects with broader community support. This system ensures that projects with a wide appeal receive more funding, encouraging developers to work on projects that resonate with the community.

Gitcoin Bounties represent another significant aspect of the platform. Here, users can fund specific technological issues and crowdsource solutions from the developer community on Gitcoin. These bounties can be permissioned, requiring funder approval, or permissionless, open for any developer to tackle. This system not only facilitates targeted problem-solving but also allows developers to earn based on the size and complexity of the bounties, with larger bounties offering higher potential earnings.

In addition to these mechanisms, Gitcoin's Kernel Fellowship and various hackathons provide additional avenues for developers to connect, collaborate, and innovate within the Web3 space. These initiatives not only foster community engagement but also contribute to the continuous evolution of the blockchain ecosystem.

What Is GTC Token?

GTC is the native governance token of the Gitcoin ecosystem. With a total supply of 100 million tokens, the distribution is strategically planned: 15% through a retroactive airdrop to platform users, 35% to existing stakeholders, and 50% reserved for the Gitcoin decentralized autonomous organization (DAO). This token distribution strategy is designed to reward both early and future contributors to the platform.

The GTC token empowers community governance on Gitcoin. As the platform transitions towards complete decentralization, token holders gain the ability to propose and vote on various platform-related proposals. This governance model exemplifies the decentralized ethos of the blockchain community, ensuring that the future direction of Gitcoin aligns with the collective interests of its users.

What Determines Gitcoin's Price?

The price of Gitcoin (GTC), like any cryptocurrency, is influenced by a complex interplay of factors within the blockchain and cryptocurrency markets. One of the primary determinants is market demand and supply dynamics. The value of GTC tokens hinges on the balance between how many tokens are available (supply) and how many investors want to buy them (demand). This demand is often driven by the perceived utility and potential of the Gitcoin platform, especially its role in funding open-source projects within the Ethereum ecosystem. As the platform gains more recognition for its innovative approach to supporting public goods and open-source software, the demand for GTC tokens may increase, positively impacting its price.

Another crucial factor is investor sentiment, which can be influenced by broader market trends, news, and developments within the Gitcoin ecosystem itself. Positive news, such as successful funding rounds, impactful project completions, or significant updates to the platform, can boost investor confidence and drive up the price. Conversely, negative news or broader market downturns can lead to decreased confidence and a drop in price. Additionally, the role of GTC in governance and its distribution model — including the airdrop to early users and the allocation for the decentralized autonomous organization (DAO) — also plays a significant role in shaping its market value. These aspects affect not only the token's utility but also its perception among investors as a tool for governance and community engagement in the burgeoning field of Web3 and decentralized finance (DeFi).

Furthermore, the integration and partnerships that Gitcoin forms within the blockchain ecosystem can significantly impact GTC's price. Collaborations with other blockchain projects, improvements in the platform's functionality, and its effectiveness in funding and supporting new projects can enhance Gitcoin's reputation, thereby attracting more users and investors. This increased adoption and recognition can, in turn, lead to a higher demand for GTC tokens. As the cryptocurrency and blockchain landscape continues to evolve, the factors influencing Gitcoin's price are likely to expand and shift, reflecting the dynamic nature of this innovative and rapidly growing sector.

For those interested in investing or trading Gitcoin, one might wonder: Where to buy GTC? You can purchase GTC on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Trade GTC perpetual futures

After having successfully signed up on Bitget and purchased USDT or GTC tokens, you can start trading derivatives, including GTC futures and margin trading to increase your income.

The current price of GTC is $1.25, with a 24h price change of -3.00%. Traders can profit by either going long or short onGTC futures.

Join GTC copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or GTC tokens, you can also start copy trading by following elite traders.

Gitcoin news

See more
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BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
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Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
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Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of Gitcoin.

What is the current price of Gitcoin?

We update our Gitcoin to USD price in real time. Get the live Price of Gitcoin on Bitget.

What is the 24 hour trading volume of Gitcoin?

Over the last 24 hours, the trading volume of Gitcoin is $6.15M.

What is the all-time high of Gitcoin?

The all-time high of Gitcoin is $29.03. This all-time high is highest price for Gitcoin since it was launched.

Can I buy Gitcoin on Bitget?

Yes, Gitcoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Gitcoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Gitcoin with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Gitcoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Gitcoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Gitcoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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GTC is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support GTC trades.
You can trade GTC on Bitget.

GTC/USDT

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GTC/USDT

Margin

GTC/USDT

USDT-M Futures

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龍蝦阿咪
龍蝦阿咪
insight310/1000
1536.89%
ROI
Total profit $1,389,085.54
long
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insight994/1000
576.31%
ROI
Total profit $3,800.71

GTC resources

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