{"id":519036,"date":"2023-02-08T13:53:43","date_gmt":"2023-02-08T13:53:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=519036"},"modified":"2023-02-08T14:03:31","modified_gmt":"2023-02-08T14:03:31","slug":"this-crypto-erupts-1300","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/this-crypto-erupts-1300\/","title":{"rendered":"This Little-Known Crypto Erupts 1,300% In Last 24 Hours – Find Out Here"},"content":{"rendered":"

Last month saw 2023\u2019s surprise for crypto investors and traders as the market boomed. Major cryptocurrencies rallied, pulling the crypto market up with them. This includes lesser-known cryptocurrencies like GFT, the native token of the <\/span>Gifto Metaverse<\/span><\/a>.\u00a0<\/span><\/p>\n

According to <\/span>CoinMarketCap<\/span><\/a>, the token has surged more than 1,300% in the past 24 hours. This is the result of news coming from the ecosystem\u2019s Twitter account which reveals a solid future plan for Gifto.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

What\u2019s With The Gifto ‘Expansion?’<\/strong><\/h2>\n

Gifto is a decentralized network for sending and receiving virtual gifts via various digital content channels. The network is powered by the Ethereum blockchain, which enables users with safe and transparent transactions.<\/p>\n

The top live streaming and social media network in Asia, Uplive, launched it in 2017.<\/p>\n

Related Reading: Baby Doge Coin Grows 124% In Last 7 Days \u2013 Is This The Next Big Thing In Crypto?<\/a><\/div>\n

Gifto’s GFT token (formerly GTO) are used to fuel the platform’s virtual gifting economy. Users can purchase and give virtual gifts to content creators using GFT, who can subsequently convert the tokens for fiat currency.<\/p>\n

The platform also has a reward system that encourages users to interact with the content and support their favorite content providers. This creates an ecosystem where both consumers and creators can benefit from the currency of virtual gifts.<\/p>\n

\n

#Gifto<\/a> is entering a new phase: The #Web3Gifto<\/a> #Megaexpansion<\/a> Plan!\ud83d\udca5<\/p>\n

30 days of non-stop news as we unveil our new roadmap & take gifting to the next level \ud83d\ude80
\nJoin us on this exciting journey of growth, building, adoption & expansion! \ud83d\udcaa<\/p>\n

Stay tuned, more news coming today!\ud83c\udf81 pic.twitter.com\/T9jExOq48J<\/a><\/p>\n

\u2014 Gifto (@GiftoMetaverse) January 11, 2023<\/a><\/p><\/blockquote>\n

Gifto is set to <\/span>enable the ecosystem to proceed with its supposed mega expansion plan. According to Gifto\u2019s <\/span>recent tweet<\/span><\/a>, this month is the start of Gifto\u2019s “non-stop 30 days of on-chain news.”<\/span><\/p>\n

WIth GFT being fairly new, <\/span>recent <\/span><\/a>exchange listings have also contributed to the token\u2019s momentous climb.\u00a0<\/span><\/p>\n

What’s Next For The Crypto?\u00a0<\/strong><\/h2>\n

Both external and internal developments in the ecosystem are expected to continue to fuel the bullish flames. <\/span><\/p>\n

At the current price, however, volatility in the GFT markets might make the current support at $0.2562 untenable. If volatility becomes in favor of the bears, a break from this support and a testing of $0.2132 support in the medium to long term could take shape.<\/span><\/p>\n

<\/p>\n

Crypto total market cap at $1 trillion on the daily chart | Chart: TradingView.com<\/a><\/pre>\n
\n
Related Reading: AI Crypto Fetch.ai Shoots Up 250%, Catches More Investors\u2019 Attention<\/a><\/div>\n<\/div>\n
Meanwhile, i<\/span>nvestors and traders should be cautious of the short to medium prospect of the token, but they should also remain bullish long term as developments will help fuel investor confidence and attract some buzz around the ecosystem.<\/span><\/p>\n
For now, they should focus on consolidation to reinforce the token\u2019s current support.\u00a0<\/span><\/p>\n
Featured image from CoinTurk<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Last month saw 2023\u2019s surprise for crypto investors and traders as the market boomed. Major cryptocurrencies rallied, pulling the crypto market up with them. This includes lesser-known cryptocurrencies like GFT, the native token of the Gifto Metaverse.\u00a0 According to CoinMarketCap, the token has surged more than 1,300% in the past 24 hours. This is the result of news coming from the ecosystem\u2019s Twitter account which reveals a solid future plan for Gifto.\u00a0 What\u2019s With The Gifto ‘Expansion?’ Gifto is a decentralized network for sending and receiving virtual gifts via various digital content channels. The network is powered by the Ethereum blockchain, which enables users with safe and transparent transactions. The top live streaming and social media network in Asia, Uplive, launched it in 2017. Related Reading: Baby Doge Coin Grows 124% In Last 7 Days \u2013 Is This The Next Big Thing In Crypto? Gifto’s GFT token (formerly GTO) are used to fuel the platform’s virtual gifting economy. Users can purchase and give virtual gifts to content creators using GFT, who can subsequently convert the tokens for fiat currency. The platform also has a reward system that encourages users to interact with the content and support their favorite content providers. This creates an ecosystem where both consumers and creators can benefit from the currency of virtual gifts. #Gifto is entering a new phase: The #Web3Gifto #Megaexpansion Plan!\ud83d\udca5 30 days of non-stop news as we unveil our new roadmap & take gifting to the next level \ud83d\ude80 Join us on this exciting journey of growth, building, adoption & expansion! \ud83d\udcaa Stay tuned, more news coming today!\ud83c\udf81 pic.twitter.com\/T9jExOq48J \u2014 Gifto (@GiftoMetaverse) January 11, 2023 Gifto is set to enable the ecosystem to proceed with its supposed mega expansion plan. According to Gifto\u2019s recent tweet, this month is the start of Gifto\u2019s “non-stop 30 days of on-chain news.” WIth GFT being fairly new, recent exchange listings have also contributed to the token\u2019s momentous climb.\u00a0 What’s Next For The Crypto?\u00a0 Both external and internal developments in the ecosystem are expected to continue to fuel the bullish flames. At the current price, however, volatility in the GFT markets might make the current support at $0.2562 untenable. If volatility becomes in favor of the bears, a break from this support and a testing of $0.2132 support in the medium to long term could take shape. Crypto total market cap at $1 trillion on the daily chart | Chart: TradingView.com Related Reading: AI Crypto Fetch.ai Shoots Up 250%, Catches More Investors\u2019 Attention Meanwhile, investors and traders should be cautious of the short to medium prospect of the token, but they should also remain bullish long term as developments will help fuel investor confidence and attract some buzz around the ecosystem. For now, they should focus on consolidation to reinforce the token\u2019s current support.\u00a0 Featured image from CoinTurk<\/p>\n","protected":false},"author":557,"featured_media":519040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,14063,87797,87798,3505],"class_list":["post-519036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-erc-20","tag-gft","tag-gifto-metaverse","tag-price-analysis"],"acf":[],"yoast_head":"\nThis Little-Known Crypto Erupts 1,300% In Last 24 Hours<\/title>\n<meta name=\"description\" content=\"Gifto is a decentralized network for sending and receiving virtual gifts via various digital content channels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"This Little-Known Crypto Erupts 1,300% In Last 24 Hours – Find Out Here","url":"http:\/\/uniquehot.com\/news\/this-crypto-erupts-1300\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/this-crypto-erupts-1300\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/crypto.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/crypto.png?fit=741%2C417"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","erc-20","gft","gifto metaverse","price analysis"],"dateCreated":"2023-02-08T13:53:43Z","datePublished":"2023-02-08T13:53:43Z","dateModified":"2023-02-08T14:03:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"This Little-Known Crypto Erupts 1,300% In Last 24 Hours – Find Out Here\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/this-crypto-erupts-1300\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/this-crypto-erupts-1300\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/crypto.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/crypto.png?fit=741%2C417\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"erc-20\",\"gft\",\"gifto metaverse\",\"price analysis\"],\"dateCreated\":\"2023-02-08T13:53:43Z\",\"datePublished\":\"2023-02-08T13:53:43Z\",\"dateModified\":\"2023-02-08T14:03:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/crypto.png?fit=741%2C417","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/519036"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=519036"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/519036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/519040"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=519036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=519036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=519036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}