GTC holds more than 7,600 coin addresses, secondary market gains have exceeded 85%

According to the current confirmed transaction records on the chain, many active users have claimed more than 5,000 GTC of airdrops, and some have even exceeded 10,000 GTC.

May 26th, the open source software funding platform Gitcoin announced yesterday the issuance of governance tokens GTC, a total of 100 million, of which, 50% belongs to Gitcoin DAO, 35% belongs to existing stakeholders, and 15% will be used for backdated airdrops. According to the rules of claiming, the share of the airdrop consists of three parts: Active User, Kernel and GMV (total funding volume), and users who have carried out activities such as donating, initiating bounties and making suggestions on the platform are eligible to claim the airdrop.

According to Etherscan’s data, as of 14:00, GTC’s coin holding addresses have reached 7,636, an increase of 34.35% compared to the previous day; the total number of GTC transfers reached 18,002, with the transfer types mainly claiming tokens and trading.

From the application situation, the number of user claims varies widely from tens, hundreds, and even tens of thousands. If only users who have made donations on the platform can get Active User and GMV part of the reward, the former is about 21.8 GTC, and the latter is related to the amount of donation.

GTC holds more than 7,600 coin addresses, secondary market gains have exceeded 85%

According to the current confirmed transaction records on the chain, the addresses that have claimed more than 5,000 GTC and some have claimed more than 10,000 GTC, such as 0xde3 with 11,309 GTC, 0x254 with 9,208 GTC, 0x6f6 with 7,459 GTC and 0x930 with 6,395 GTC. Some users also posted the number of airdrops on social media, and Continue Capital co-founder Pima received over 50,000 GTC in tokens, but no application confirmation records have been checked on the chain yet.

The current Etherscan Gas fee is not at the high level of the year, Etherscan’s data at around 14:30 shows that the current average confirmation speed of Etherscan’s on-chain transfer Gas average price fluctuates between 20 Gwei-56 Gwei, if we calculate according to the average value of 37 Gwei, the current claiming token needs about 0.0111 ETH (equivalent to 31.87 (equivalent to $31.87) in fees.

GTC holds more than 7,600 coin addresses, secondary market gains have exceeded 85%

From the trading situation of the secondary market, the main markets for GTC are Uniswap, yearn, MXC, Gate.io, etc. Currently, the offer of GTC on Uniswap v3 is about $8.39, which has risen 85.21% from the opening price of $4.53; the offer of GTC on MXC is about $8.00, which has risen 100% from the opening price of $4.00, with the highest intraday gain of about 132.5%.

GTC holds more than 7,600 coin addresses, secondary market gains have exceeded 85%

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/gtc-holds-more-than-7600-coin-addresses-secondary-market-gains-have-exceeded-85/
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