About Gitcoin

Gitcoin (GTC) is an Ethereum token used for community governance of Gitcoin. The Gitcoin Grants Program supports open-source projects and other public goods through community funding, including quadratic funding, which uses the breadth of donor support to help allocate matching funds.

Happening now

AI generated

GTC slipped ↘2% on Tuesday, broadly in line with the Dynamic/Trending Asset category while outperforming the broader crypto market, which fell ↘3%.
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R$0.9281
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Trading Insights

Buyer Ratio

41%0%

Traders

59

24.36%

Buyers

24

47.83%

Sellers

38

22.45%

Searched

241

Market Stats

Market Cap

R$81.81M

0.84%

FDV

R$93.51M

Circ. Supply

87M GTC

Max Supply

100M GTC

Total Supply

100M GTC

Diluted Valuation

R$93.62M

Performance

Popularity

#747

Dominance

0%

Volume (24H)

R$42.72M

54.2%

Volume (7D)

R$588.96M

Volume (30D)

R$1.47B

All time high

R$162.01

Price Change (1Y)

7.58%

Additional details

Market details

GTC vs markets

↗ 32.8%

GTC vs BTC

↗ 35.31%

GTC vs ETH

↗ 65.08%

Tags

dao

web3

binance-listing

Network & Addresses

Network
Address

Ethereum

0xDe30da39c46104798bB5aA3fe8B9e0e1F348163F

Price history

Time
Price
Change
Today
R$0.9281
-0.92%
1 Day
R$0.9325
-0.92%
1 Week
R$1.23
-25.77%
1 Month
R$0.9179
-9.62%
1 Year
R$0.949
-7.58%

Coinbase insights

Happening now

AI generated

GTC slipped ↘2% on Tuesday, broadly in line with the Dynamic/Trending Asset category while outperforming the broader crypto market, which fell ↘3%.

Market Position
•

Weekly decline of ↘25% sharply underperforms the Dynamic/Trending Asset category average of ↘7%, while monthly losses of ↘11% remain slightly below the category's ↘13% drop

•

Trading volume fell ↘55% over the past 24 hours and ↘49% over the week, both well below the broader crypto market's ↘15% volume decline

•

Only 63 unique traders active on Tuesday, down ↘19%, with sellers outnumbering buyers roughly two-to-one

Recent trends

The latest GTC price is R$0.9281. Compared to Gitcoin's value of R$0.93 from 24 hours ago, there's been a -1% decrease, while the current price is -26% down from R$1.23 which was recorded one week ago. Gitcoin's all time high is R$162.01, which was reached on November 27, 2021. This is a -99% 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 R$81.81M, which is a result of multiplying the current price of Gitcoin(R$0.93) by the total supply(100,000,000 GTC). The fully diluted valuation of Gitcoin is R$93.51M. The diluted valuation of Gitcoin is R$93.51M.

Gitcoin had 24 buyers, 38 sellers and total 59 trades in the last 24h. Gitcoin was searched 241 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 BRL currency in real-time. Get the live price of Gitcoin on Coinbase.

The current market cap of Gitcoin is R$81.812M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Gitcoin is R$162.01. 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 R$42.718M.

Assets that have a similar market cap to Gitcoin include Kaio, Anonymous Cat, MAX Exchange Token, 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 180 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

#705

Contributors

38

Posts

51

% About Gitcoin

0.012%

Articles

0

X (Twitter)

38.64% bullish

Sentiment

3.4 ★

Highlights

38 unique individuals are talking about Gitcoin and it is ranked #705 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 3.4 out of 5. Finally, Gitcoin is becoming less newsworthy, with 0 news articles published about Gitcoin.

On Twitter, people are mostly neutral about Gitcoin. There were 43.59% of tweets with bullish sentiment compared to 12.82% of tweets with a bearish sentiment about Gitcoin. 56.41% of tweets were neutral about Gitcoin. These sentiments are based on 43 tweets.

On Reddit, Gitcoin was mentioned in 2 Reddit posts and there were 3 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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