$GTC
It took off today, surging 74.52% to a price of 0.207. It’s up 127% over 7 days, 160% over 30 days, and 178% over 90 days—this chart is practically riding a rocket.
Looking at the liquidation data, $1.23 million in short positions were liquidated over 24 hours, compared with just $300,000 in long positions. The bears got absolutely wiped out. The long/short ratio is 0.91, and the top traders’ position ratio is 1.03. Sentiment is deeply divided, but the price just keeps charging higher.
Gitcoin is a longstanding public-goods funding protocol in the Ethereum ecosystem. This surge may have been driven by some news, or it could simply be speculation. If it can hold above the key 0.2 level, the next target is 0.25. The short-term rally has been too sharp, so don’t chase it—wait and see if it pulls back to around 0.18.
It took off today, surging 74.52% to a price of 0.207. It’s up 127% over 7 days, 160% over 30 days, and 178% over 90 days—this chart is practically riding a rocket.
Looking at the liquidation data, $1.23 million in short positions were liquidated over 24 hours, compared with just $300,000 in long positions. The bears got absolutely wiped out. The long/short ratio is 0.91, and the top traders’ position ratio is 1.03. Sentiment is deeply divided, but the price just keeps charging higher.
Gitcoin is a longstanding public-goods funding protocol in the Ethereum ecosystem. This surge may have been driven by some news, or it could simply be speculation. If it can hold above the key 0.2 level, the next target is 0.25. The short-term rally has been too sharp, so don’t chase it—wait and see if it pulls back to around 0.18.
