$GTC GTC on the Verge of a Major Move!

Recent data and market analysis suggest that Gitcoin (GTC) could be on the brink of a major breakout. Here’s why GTC deserves close attention in the coming days:

• Technical Analysis: Key Resistance Level

GTC has been fluctuating between $0.35 - $0.50 over the past month. However, if the $0.50 level is broken, the next targets could be $0.75 and then $1.24 in the short term.

• Strong Partnerships and Expanding Ecosystem

Gitcoin’s ecosystem is rapidly growing.

✔️ Avalanche launched a 14,000 AVAX funding round.

✔️ zkSync is distributing 5 million ZK tokens through Gitcoin.

✔️ Sei Network announced a $750,000 grant program.

• New Use Cases for GTC

Gitcoin is actively working on expanding GTC’s utility beyond governance, which could significantly increase demand for the token.

Overall, both technical indicators and fundamental developments point to a potential breakout for GTC. If $0.50 is breached, the rally could accelerate.

What’s next for GTC? Is $1.94 possible? Share your thoughts in the comments.