Gifto (GFT)
Gifto is a blockchain-based web3 gifting platform that allows for the exchange of digital gifts. Its token GTO, which is being rebranded as GFT in Q1 2023, has been listed on Binance since 2017, becoming the first Launchpad token ever listed on the exchange. The platform serves as a hub for gifting blockchain-based presents and is constantly innovating with new features such as a web3 wallet, an NFT marketplace (the Gifto Store), and more. The GFT token also enables staking and charitable donations.
1. Basic Info
Symbol | GFT |
Name | Gifto |
Web Site | http://www.gifto.io |
Wallet | -- |
Source | -- |
Explorer | https://bscscan.com/ |
Forum | -- |
Mining | |
Supply | 1000000000 |
Available Supply | 2240000000 |
Market Cap | 2513280 |
White Paper | -- |
Is ICO | None |
Raised Funds | - |
Distribution | - |
Algorithm | -- |
Proof | -- |
Total | 1000000000 |
Release Date | 2017-12-19 |
2. Technical
2.1 Kline Price Chart
2.2 Technical Analysis
The recent K-line chart suggests a strong downtrend from late 2024 into early 2025. December 2024 started with high volatility and price peaks, characterized by significant trading volume, which eventually transitioned to lower prices by the end of the year. Specifically, December 11 to 17 showed extremely high volume, particularly the peak on December 11th, when volume reached 31780.703957, paired with a significant price decline the next day, indicating strong selling pressure at that price. The price peaked around December 10th, where the price reached 0.002, and then began a steady decline from mid-December which continued through January 5th. In January 2025, trading volumes declined significantly, paired with lower price movement, suggesting reduced activity and a continuation of the downward trend. Specifically, January 1st saw a notable price rise followed by a rapid decline, where the price closed lower on the following days with low volume, further reinforcing a weak bullish sentiment. The chart does not display any strong reversals in trend, and the reduced trading volume, paired with decreased price levels, indicates a continuation of the current downtrend, with no major support levels visible. The first week of January showed low volume, indicating that the market participants have lost interest in the current price level. The overall message from the data indicates the lack of strong buying, so it is less likely that the price will break the current downtrend in the immediate future.