|Many different currency banknotes from various countries in the background and GIFA Token / GIFX|
GIFA Token's price surge has seen the value of each token increase by over 78 percent in the last 5 months and more than 30 percent in the past three weeks. With the totaling of 20,100,000,000 tokens in the supply, this particular demand brought the total value of all tokens in circulation to more than $4800 billion at the time of writing.
The token price has soared by around 800% over the last 5 months, climbing to $240.40. GIFA Token spent a better part of the last two weeks trading in the range of $150 to $200. An earlier metric drop of the price from $140 to $112 in late March just before the price rallies has paved the way for market corrections, seeing the token rebounding back, fiercely.
GIFX price model shows a robust resistance curve between $100 and $200 in April. According to analysts, the continuous upwards that forecasted in the coming weeks will heat up the price even higher. GIFX, right now, has evolved to be primarily a store value. The massive gains of such momentum will continue to grow and more investors are turning their heads to this type of corporate-backed digital asset.
Some called it a ''crypto boom'' where everyone is micing about cryptocurrency. The constant debates between detractors and enthusiasts overwhelmed social media such as Twitter, Reddit, Telegram, and others. Indeed it's a very good time for the crypto industry as a whole that rejoicing the mainstream adoption. GIFA Token bull run was sparked just 4 months ago, kicking off a wave of institutional investors and traders who seeking investment portfolios in a stable coin/token. With the crypto market cap now exceeding $2 trillion, it is really important to note the momentum and interest that begun to expand beyond bitcoin and Ethereum.
Meanwhile: Last year, December, Ethereum's blockchain system began implementing a new major upgrade that designed to improve scalability, security, and we have seen the network moving from Proof-of-work (PoW) algorithm to the Proof-of-stake (PoS) algorithm. With proof-of-stake, users would able to have some significant security shield against possible cyber-attacks and speedy transactions — per second that’s going to improve the utilization and more functionality on Ethereum blockchain. GIFA Token is an ERC-20 (Ethereum-based token) the fast-growing digital asset.