About Gitcoin

Gitcoin (GTC) is an Ethereum token that enables community governance of the Gitcoin platform. The platform is designed to fund and coordinate open source development by novel means such as quadratic funding. As of June 2021, Gitcoin has facilitated over $21 million in grants and bounties for open source developers.

Happening now

AI generated 20h ago

GTC's approximately

↗26%

surge in trading activity over the past 24 hours is outpacing the broader Ethereum Ecosystem as investors shift toward longer-term positions.

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MX$1.61

Trading Insights

Buyer Ratio

37%0%

Traders

19

9.52%

Buyers

7

12.5%

Sellers

12

20%

Searched

48

Market Stats

Market Cap

MX$140.24M

2.74%

FDV

MX$160.29M

Circ. Supply

87M GTC

Max Supply

100M GTC

Total Supply

100M GTC

Diluted Valuation

MX$160.94M

Performance

Popularity

#1,084

Dominance

0%

Volume (24H)

MX$40.24M

30.55%

Volume (7D)

MX$374.85M

Volume (30D)

MX$1.43B

All time high

MX$503.13

Price Change (1Y)

Not enough data

64.92%

Additional details

Market details

GTC vs markets

↘ 54.18%

GTC vs BTC

↘ 49.5%

GTC vs ETH

↘ 55.35%

Tags

dao

web3

binance-listing

Network & Addresses

Network
Address

Ethereum

0xDe30da39c46104798bB5aA3fe8B9e0e1F348163F

Price history

Time
Price
Change
Today
MX$1.61
-2.16%
1 Day
MX$1.65
-2.16%
1 Week
MX$1.75
-8.20%
1 Month
MX$1.65
-1.95%
1 Year
MX$5.09
-64.92%

Coinbase insights

Happening now

AI generated 20h ago

GTC's approximately

↗26%

surge in trading activity over the past 24 hours is outpacing the broader Ethereum Ecosystem as investors shift toward longer-term positions.


Activity accelerating across metrics

GTC climbed roughly

↗1.84%

over the past day while trading activity jumped approximately

↗26%

over the past 24 hours, outperforming the Ethereum Ecosystem average by around

↗1.37%

over the same period.


Tokens moving into personal wallets

Tokens are flowing off trading platforms with roughly $0.01M in net outflows over the past day, suggesting investors are moving GTC into personal wallets for longer-term holding rather than active trading.

Recent trends

The latest GTC price is MX$1.61. Compared to Gitcoin's value of MX$1.65 from 24 hours ago, there's been a -2% decrease, while the current price is -8% down from MX$1.75 which was recorded one week ago. Gitcoin's all time high is MX$503.13, which was reached on November 27, 2021. This is a -100% change from its price today.

The current circulating supply of Gitcoin is 87,491,502. This is 87% of its max supply of 100,000,000 GTC and 87% of its total supply of 100,000,000. The market cap is currently MX$140.24M, which is a result of multiplying the current price of Gitcoin(MX$1.61) by the total supply(100,000,000 GTC). The fully diluted valuation of Gitcoin is MX$160.29M. The diluted valuation of Gitcoin is MX$160.29M.

Gitcoin had 7 buyers, 12 sellers and total 19 trades in the last 24h. Gitcoin was searched 48 times in the last 24h.

FAQ

Gitcoin (GTC) is a decentralized platform that seeks to empower communities by offering technologies and opportunities to fund, build, and protect what matters to them. The platform's core products include the Gitcoin Grants Stack, a grants management solution, Allo Protocol, an open-source funding protocol, and Gitcoin Passport, a decentralized identity management tool. GTC, the platform's governance token, was launched in May 2021 and plays a crucial role in the creation and funding of the Decentralized Autonomous Organization (DAO) that governs Gitcoin.

Gitcoin operates by utilizing its core products to facilitate community-led initiatives. The Gitcoin Grants Stack is a solution for managing grants, enabling communities to create, manage, and grow their own grants programs. The Allo Protocol is an open-source funding protocol that provides a way for communities to distribute pooled funds. Gitcoin Passport, on the other hand, is a tool for managing decentralized identities and defending against Sybil attacks. GTC, the governance token, enables community ownership and decentralized stewardship of Gitcoin's products, protocols, and programs.

Gitcoin strives to provide a platform for funding and building public goods initiatives in various sectors, including decentralized finance (DeFi), climate, and open sourcing. Gitcoin has distributed over $54 million to early-stage builders through the Gitcoin Grants Program. The platform also offers a suite of tools for managing grants programs, allocating shared resources, and protecting projects from bots and bad actors. Furthermore, Gitcoin Passport allows users to create a digital identity and prove their humanity without storing personally identifiable information.

Gitcoin was founded by Kevin Owocki and Scott Moore. Since its inception, the platform has evolved from a monolithic platform to a suite of modular protocols, embracing mechanisms like Quadratic Voting, Direct Grants, and Retroactive Public Goods Funding. Gitcoin has contributed to creating over $29 billion in global financial impact and has cultivated the "Quadratic Lands," an ecosystem focused on community building. The GTC governance token was launched in late May 2021, marking a milestone in the platform's journey towards decentralized governance.

We update our Gitcoin to MXN currency in real-time. Get the live price of Gitcoin on Coinbase.

The current market cap of Gitcoin is MX$140.237M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Gitcoin is MX$503.13. This all-time high is highest price paid for Gitcoin since it was launched.

Over the last 24 hours, the trading volume of Gitcoin is MX$40.241M.

Assets that have a similar market cap to Gitcoin include Octopus Network, Polkastarter, Hydranet, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Gitcoin is 87 million.

Gitcoin ranks 222 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 71% of Coinbase users are buying Gitcoin. In other words, 71% of Coinbase customers have increased their net position in Gitcoin over the past 24 hours through trading.

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

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Social stats

Popularity in posts

#968

Contributors

45

Posts

71

% About Gitcoin

0.013%

Articles

0

X (Twitter)

49.25% bullish

Sentiment

4.2 ★

Highlights

45 unique individuals are talking about Gitcoin and it is ranked #968 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Gitcoin has an average sentiment score of 4.2 out of 5. Finally, Gitcoin is becoming less newsworthy, with 0 news articles published about Gitcoin.

On Twitter, people are mostly bullish about Gitcoin. There were 54.1% of tweets with bullish sentiment compared to 9.84% of tweets with a bearish sentiment about Gitcoin. 45.9% of tweets were neutral about Gitcoin. These sentiments are based on 67 tweets.

On Reddit, Gitcoin was mentioned in 1 Reddit posts and there were 1 comments about Gitcoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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