💳 GTC JUMPED 30 PERCENT AND GOVERNANCE TOKENS ARE WAKING UP
GTC is up 30 percent today and governance tokens are showing signs of life
These tokens were left for dead in the last cycle
But 30 percent moves do not happen in dead sectors
Gitcoin has real fundamentals
Developer activity
Treasury
Actual usage
When quality projects with real metrics start moving it is worth paying attention
The market eventually finds value
My take as an analyst? Governance tokens are a lagging play
They move after the sector leaders run
GTC pumping 30 percent could mean smart money is rotating into undervalued quality
I am watching for follow through
One green day is noise
Three green days is a trend
Is GTC undervalued or is this a dead cat bounce?
$GTC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Binance #Gainers
GTC is up 30 percent today and governance tokens are showing signs of life
These tokens were left for dead in the last cycle
But 30 percent moves do not happen in dead sectors
Gitcoin has real fundamentals
Developer activity
Treasury
Actual usage
When quality projects with real metrics start moving it is worth paying attention
The market eventually finds value
My take as an analyst? Governance tokens are a lagging play
They move after the sector leaders run
GTC pumping 30 percent could mean smart money is rotating into undervalued quality
I am watching for follow through
One green day is noise
Three green days is a trend
Is GTC undervalued or is this a dead cat bounce?
$GTC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Binance #Gainers