GIFA Token (GIFX) Breaks $500 Record Mark

Saudi Arabia 50 riyal banknote, with King Salman Bin Abdulaziz Al Saud overlapped by GIFA coin / GIFX GIFA Token (GIFX) hit a new all-time h...

Saudi Arabia 50 riyal banknote, with King Salman Bin Abdulaziz Al Saud overlapped by GIFA coin / GIFX

GIFA Token (GIFX) hit a new all-time high on 13 April 2021, when its price rose above $500 on Tuesday for the first time ever breaking the $1000 half mark. The price of GIFX climbed 18% in the last 24 hours. The corporate cryptocurrency has experienced massive gains over the past months, having risen in value by more than 980 percent since March. At the time of writing, the premier token was trading at around $512.41.

Other cryptocurrencies, such as Bitcoin (BTC) that trading at $63,299.00, Ethereum (ETH) 2,273.73, and Dogecoin (DOGE) $0.082, have seen huge price surges in recent months and are both currently trading close to their record highs. Bitcoin’s price has surged once again thanks to a number of factors, including new demand from institutional investors and wealth managers offering crypto asset exposure to clients.

GIFA Token's new record high comes as a result of massive promotion campaigns: The Lucky Draw contesting for 2nd prize $40,000 which already won and the current biggest grand prize giveaway that still running. You can enter in the Lucky Draw, automatically when purchasing the GIFA Token that worth 6000 USD equivalent. The winning prize is $300.000. The contest officially kicked off last Monday, 12 April at 00:00 A.M. and will end at 23:59 P.M. on 16th April 2021. So, participants have enough time to take part and walk away with a Grand prize.

''GIFA Token attracting investors from the Gulf states and beyond''

Interest in the adoption of blockchain technology in the Gulf states has lapped up these days, led by United Arab Emirates (UAE), Bahrain, and Saudi Arabia, especially in the financial sectors. The geographical utilization, market share, and direct purchase of the corporate-backed cryptocurrency have grown significantly to other regions and MENA countries are no exception with GIFA Token inclusiveness.

The overall market capitalization of all cryptocurrencies combined is currently at $2 trillion, largely thanks to Bitcoin hitting a new all-time price high. At present, Bitcoin’s market capitalization is $1,170,568,713,341, representing 54.6 percent of the global crypto market cap.