Gitcoin price
Current price
$0.1353
−1.71% 24h
Live Updated just now
Today Gitcoin slips 1.7%, trailing the market, We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next..
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.50%
- 24 hours −1.71%
- 7 days −22.87%
- 30 days −31.37%
- 1 year −19.99%
Gitcoin's move in context
Lagging the market today
−1.71% in 24 hours against −0.91% for the market as a whole, a gap of 0.8 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$671.93K traded in the last 24 hours on the exchanges we read, about 16% of its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
Gitcoin's last prices on 2 exchanges we read are within 0.24% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−22.9% over 7 days and −31.4% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Gitcoin
Prices agree within 0.40% across these 3 exchanges.
- Binance Most traded GTC/USDT $655.66K 24h volume Last price $0.1353 0.00% vs our price
- KuCoin GTC/USDT $13.87K 24h volume Last price $0.1356 +0.24% vs our price
- Gate.io GTC/USDT $506.62 24h volume Last price $0.1358 +0.40% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Gitcoin
Overview
Gitcoin is a cryptocurrency platform that aims to incentivize open-source software development by connecting developers with projects that require funding and support. Founded with the goal of building a sustainable ecosystem for developers, Gitcoin distinguishes itself through its commitment to funding projects that contribute to the broader blockchain and cryptocurrency community. The platform serves as a bridge between developers looking for work and organizations in need of technical expertise, promoting decentralized collaboration while supporting the growth of the Ethereum network and other compatible blockchains. Through its unique funding model, Gitcoin enables users to contribute directly to projects, ensuring that developers are rewarded for their contributions and fostering innovation within the open-source community.
Technical Features
Gitcoin operates on a decentralized network that leverages Ethereum's blockchain capabilities. Its core technical features include a strong emphasis on user security and transparency, facilitated by smart contracts that automate funding processes and project delivery. Gitcoin utilizes a system of matching contributions through its "Quadratic Funding" mechanism, which enhances funding distribution based on community engagement rather than individual contributions alone. This mechanism is designed to promote a wider base of support for projects, ensuring that smaller contributors can have an outsized impact on funding outcomes. The platform also employs various security measures to protect users' assets and personal information, thereby enhancing confidence when engaging with the broader ecosystem.
Use Cases
The primary use cases of Gitcoin revolve around its role in the decentralized finance (DeFi) sector, open-source project funding, and community governance. Developers can leverage Gitcoin to seek financial backing for their projects through grants and donations generated by the community. Additionally, Gitcoin supports the creation and distribution of Non-Fungible Tokens (NFTs), enabling artists, musicians, and creators to monetize their digital creations. The platform also supports governance functionalities, allowing community members to have a say in the direction and funding of projects through voting mechanisms. By providing practical tools for funding and collaboration, Gitcoin enables developers and organizations to thrive in the blockchain ecosystem.
Development Background
Gitcoin was founded in 2017 by Kevin Owocki and has since evolved into a leading platform for open-source funding. The project was rooted in the desire to sustain and grow the developer community surrounding Ethereum, addressing the challenge of financial viability for developers contributing to open source. Significant contributions have come from various organizations and individuals within the Ethereum ecosystem, reflecting a collaborative effort in shaping its development. Key milestones include the implementation of the Quadratic Funding model, various funding rounds, and partnerships with other blockchain projects and initiatives focused on enhancing social impact through technology.
Community and Ecosystem
The Gitcoin ecosystem thrives on its vibrant community of developers, contributors, and supporters who engage in various initiatives aimed at improving the platform. Collaborations with other blockchain projects and technology companies help enhance the platform's reach and utility. Additionally, hackathons and bounty programs organized by Gitcoin promote innovation and provide developers with opportunities to solve real-world problems while earning rewards. The active community is supported by various online forums, social media channels, and educational platforms that facilitate knowledge sharing and collaboration among developers.
Future Potential
Looking ahead, Gitcoin has significant potential to impact the blockchain space further through continuous innovation and feature enhancements. The platform's roadmap includes plans to expand its funding mechanisms, improve user experience, and broaden its scope to include more diverse applications relevant to the evolving blockchain landscape. As community-driven initiatives gain traction, Gitcoin is poised to enhance its role as a leading resource for funding and collaborative software development, thereby playing a crucial part in shaping the future of open-source technology and decentralized applications.
Gitcoin market
- Position by market cap among the coins we track whose circulating supply is checked.
- #333
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $13.53M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $671.93K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.1307 High $0.1398
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $22.37
- Now 1% of it Reached 27 Nov 2021 · Needs +16,437% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 100M GTC
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 100M GTC
- The most coins that can ever exist. Some coins have no limit.
Gitcoin converter
1 Gitcoin = $0.1353