Gitcoin (GTC) has seen a dramatic rise to its trading volume, with an increase of 1,453% in the last 24 hours.

Gitcoin (GTC) has seen an extraordinary rise in trading volume in the last 24 hours, leading to a price rise of 28%.

Better yet, looking over the past two weeks the coin has managed to rise by 192%.

Having been launched only late last month, the coin has performed impressively and may seek further gains amid its recent explosion in trading volume.

Gitcoin is a project that calls itself a community of builders and developers that have come together to build the open internet.

The open internet is part of the Web 3.0 in which decentralised tools will be used to run smart cities and the internet of things (IOT).

Where can I buy Gitcoin (GTC)?


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What makes Gitcoin possibly a good buy right now?

Yesterday saw a price hike for a similar platform called Streamr, which also looks to build decentralised tools for the web 3.0 with a focus on data.

With today’’s price hike for Gitcoin it suggests that some institutional investors may have seen now as a good time to invest in these future technologies as the notion of a decentralised Web 3.0 becomes closer to being fully realised.

This post was originally published on Coinjournal.