Respectfully mate, as much as you want to defend it, the price action is more like a shit coin. When a token crashes from $28 to $0.35 that is exactly what it is called OUTSIDE of this community. While you see the good things about Gitcoin from your lens, not everybody sees it that way. You need to remember $GTC is listed on a huge number of CEXs so apart from the community there are also investors ( small, large, traders, holders etc) involved. I have lost ( notional ) a lot of my savings on $GTC, have you?Bottom-line I will remain a big fan but I’d like to speak up when deem fit.
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fwiw, i am not into policing language here. you can call it a shitcoin if you want, i can’t stop you, nor do i want to spend any energy on stopping you. i do think that what i’ve been trying to do is coach ppl towards how they can make their feedback as constructive as possible (thereby increasing the value creation potential of the feedback). but sometimes ppl just want to vent (which is more emotionally cathartic and less useful to others) and thats okay too.
tbh it horrifies me that the token was worth $20+ in nov of 2021. i do not know what the rational market valuation for that token price (and the implied $2bn+ fully dilluted valuation it gave gitcoin) was. no one i know of pumped the token to that price nor has anyone i know of marketed GTC in that timeframe (in fact, we’ve gotten gruft from the community for not marketing the token at all in the past few years). the only reason i can think of that the token went to $20+ is just an extreme irrational exuberance of the 2021 market and that GTC was swept up in that. but i am just guessing.
to state it plainly: i do not see a clear path to a return to that token price.
if you want to help, here are some posts to checkout
Disclaimer: This post is for informative purposes only and is not financial advice. This post reflects my personal views, not a decision or commitment by Gitcoin governance. Forward-looking items in it are targets, not commitments. The information in these posts is subject to change as we continue learning. This post may contain estimates, may contain errors, and is provided on a best-effort basis. DYOR, do not make any financial decisions based on these posts.
clarification (added 2026-08-04): this post was exploratory thinking shared for community debate, not an offer or a promise. gtc is a governance token with no economic rights, as it has been since launch in may 2021. finances discussed on the gov forum are those of gitcoin’s organizational entities. valuation commentary here was my personal attempt to reason about the org’s finances in response to community questions; it is opinion, not analysis you should rely on, and profitability of gitcoin entities confers nothing on gtc. dyor.
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