GFT Coin Index Analysis and the Reason for Its Recent Rise Are Due to Several Important Factors:

1. **Project Developments**: Since the launch of the Gifto (GFT) coin in 2017, the coin has witnessed several important developments such as developing the Gifto wallet and offering virtual gifts via the blockchain. The platform continues to provide new features and increase the number of active users, which increases the reliance on the coin and enhances its value [[❞]](https://www.binance.com/en-AU/price/gifto) [[❞]](https://coinmarketcap.com/currencies/gifto/).

2. **Multiple Uses**: GFT is used in many activities within the Gifto ecosystem, such as purchasing virtual gifts, storing and minting NFTs, interacting with decentralized applications (dApps), and staking the currency for rewards [[❞]](https://www.kucoin.com/price/GFT) [[❞]](https://coinmarketcap.com/currencies/gifto/historical-data/).

3. **High Demand**: GFT’s daily trading volume has increased significantly, indicating increased interest and demand for the currency. The daily trading volume reached around $116.19 million, reflecting significant market activity [[❞]](https://www.binance.com/en-AU/price/gifto).

4. **New Partnerships and Integrations**: The platform is expected to announce more future partnerships and integrations that could further increase the value of the currency. New technological developments that contribute to improving the user interface and making the platform more usable may also support