Maker

Rally

Gifto

Coin

<ul class="wp-block-list news-points">
 <li>Gifto (GFT) experienced a massive price rally in the early hours of Friday’s trading session.</li>
 <li>GFT’s bearish speculations followed a delisting announcement by Binance.</li>
 <li>Binance announced it would delist GFT and four other tokens from its platform.</li>
</ul>
GFT, the native cryptocurrency of the Gifto Web3 blockchain protocol, experienced a sharp price rally during Friday’s trading session. After hitting a daily low of $0.007070, GFT surged 181% to a high of $0.015191, according to TradingView <a href="https://www.tradingview.com/x/dfzkUDB0/" target="_blank" rel="noopener noreferrer nofollow">data</a>.
This surprising rally comes despite bearish market sentiment and external challenges that Gifto has faced. Notably, GFT was one of the few cryptocurrencies that did not benefit from Donald Trump’s election victory, as its price remained relatively stagnant with minimal volatility.
<h2 class="wp-block-heading" id="h-binance-delisting-adds-to-gft-pressure">Binance Delisting Adds to GFT Pressure</h2>
During this period of price stagnation, Binance announced its decision to delist GFT from its platform. GFT joined other tokens, including IRIS, KEY, OAX, and REN, as part of Binance’s periodic evaluation of its listed assets.
Read also: <a href="https://coinedition.com/delisting-drama-binance-pulls-the-plug-on-gft-iris-key-oax-ren/" rel="noopener noreferrer nofollow">Delisting Drama: Binance Pulls the Plug On GFT, IRIS, KEY, OAX, REN</a>
In a blog post, Binance stated that …
The post <a href="https://coinedition.com/giftos-gft-tokens-181-rally-raises-questions-about-market-maker-influence/" rel="noopener noreferrer nofollow">Gifto’s GFT Token’s 181% Rally Raises Questions About Market Maker Influence</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Gifto’s GFT Token’s 181% Rally Raises Questions About Market Maker Influence

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