GFT coin has attracted a lot of attention in recent months, with its price soaring by nearly 2,600% in a short period of time, and the fluctuation from trough to peak exceeding 5,000%. This has made GFT an important promoter in the cryptocurrency world, and many people have begun to be curious about its future performance. #GFT
What is the future prospect of GFT coin?
The current price of GFT coin is $0.04406, the circulation is 1.035 billion, the total market value is $45.4098 million, and it has been listed on 11 exchanges. These data show that the future prospects of GFT coin are promising.
Although the price movement of cryptocurrencies is influenced by many factors, it is also necessary to evaluate the long-term viability of the project when considering whether to invest. As the global digitalization process advances, the popularity of virtual gifts continues to increase, and this trend is expected to continue. In addition, Gifto’s recent migration to the BNB chain has brought several favorable updates that allow users to earn more benefits. They are developing a new Web3 wallet to enhance the functions of gifting, staking, and liquidity mining. These developments will make the Gifto wallet simpler and faster, and the platform’s activity is expected to increase in the next few years, so the price of Gifto tokens has the potential to rise significantly.
In this wave of market downturn, GFT has risen strongly like a dark horse, showing an extraordinary upward momentum, which is really amazing! Behind this, there is no doubt that those experienced market manipulators - the masterpieces of "dog dealers".
With their deep understanding and precise control of the market, they successfully pushed GFT to the top of the rising wave. For such a market wonder, those who are familiar with the laws of market operation can naturally understand it without too much explanation.
According to the current daily level, GFT is rising against the trend. Akan believes that it will continue to be bullish.
Is GFT coin worth investing in?
GFT coins are considered worthy of investment, with a current circulation rate of 99.93%. The launch of GFT tokens aims to expand Gifto's ecosystem by introducing new core products and serve as the first Web3 wallet on the BNB chain, allowing holders to store GFT, fav tokens and NFTs. In January 2023, Gifto conducted a token swap to convert GTO tokens into new GFT tokens.
This conversion brings GFT to Binance Smart Chain, simplifies the dual-token structure, reduces fees and improves gifting efficiency, making the project more attractive to investors.
The token migration will also help expand the Gifto ecosystem, starting with the creation of the Gifto wallet, the first Web3 wallet on the BNB chain. The Gifto team has planned many new features for this wallet, such as support for Autofarm vaults for more liquidity mining opportunities, gifting through the red envelope system, GFT staking, special event gifts, etc. Although Gifto will usher in many changes in the near future, users can still take advantage of the simplified process currently provided by the platform for creation, storage, and gifting operations.
Finally, let's talk about the issue that everyone is most concerned about. What is the best position to buy at the bottom?
Let me share my opinion. Ahan believes that BTC below 50,000 points is a good position to open a position, and the lower limit support is around 42,000. The maximum space for opening a position is only 15%, and there is an opportunity to cover the position.
Many people like to wait for lower prices, but often end up missing out. It is best to find a bottom that you expect in your mind, and there is no need to find the lowest point in the market. The range of 50,000 to 42,000 is limited, but there is a lot of room for growth above.
Once the institutions or the United States adjust their economic strategies, the market may stabilize and rebound. Therefore, Ahan believes that building positions in batches below 50,000 is a strategy of "offensive when advancing and defensive when retreating", which will not miss out and provide opportunities to cover positions.
