$GTC
It took off today, surging 74.52% to $0.207. It’s up 127% in 7 days, 160% in 30 days, and 178% in 90 days—this chart is practically a rocket.
Looking at the liquidation data, $1.23 million in short positions were liquidated over the past 24 hours, compared with just $300,000 in long positions. The bears got crushed. The long/short ratio is 0.91, and large-holder positioning is at 1.03. The market is sharply divided, yet the price keeps climbing.
Gitcoin is a long-established public goods funding protocol in the Ethereum ecosystem. This surge may have been triggered by some news—or it could simply be speculative buying. If it can hold above the psychological $0.20 level, the next target is $0.25. The short-term rally has been too sharp, so don’t chase it; wait for a pullback near $0.18 before reassessing.
It took off today, surging 74.52% to $0.207. It’s up 127% in 7 days, 160% in 30 days, and 178% in 90 days—this chart is practically a rocket.
Looking at the liquidation data, $1.23 million in short positions were liquidated over the past 24 hours, compared with just $300,000 in long positions. The bears got crushed. The long/short ratio is 0.91, and large-holder positioning is at 1.03. The market is sharply divided, yet the price keeps climbing.
Gitcoin is a long-established public goods funding protocol in the Ethereum ecosystem. This surge may have been triggered by some news—or it could simply be speculative buying. If it can hold above the psychological $0.20 level, the next target is $0.25. The short-term rally has been too sharp, so don’t chase it; wait for a pullback near $0.18 before reassessing.
