Aavegotchi (GHST) is a unique cryptocurrency at the intersection of decentralized finance (DeFi) and non-fungible tokens (NFTs). Operating as an eco-governance token within the Aavegotchi ecosystem, GHST empowers holders with voting rights in the AavegotchiDAO, which governs the protocol, the Gotchiverse game, and Aavegotchi NFTs. These NFTs are pixelated ghosts with dynamic metadata that evolve based on user interaction. To summon an Aavegotchi, users must stake Spirit Force, adding a layer of engagement and utility to the token.
The project has pioneered innovations in the NFT gaming space, including Rarity Farming (a play-to-earn mechanism), the expansive Gotchiverse game, and the Gotchi Lending feature. GHST tokens are distributed through private and presale rounds, governance rewards, and rarity farming activities, all secured by a proof-of-stake consensus mechanism.
Current Market Performance of GHST
As of July 02, 2025, the current price of Aavegotchi (GHST) stands at **$0.3593**, reflecting a slight increase of **+0.36%** over the past 24 hours. The token opened today's trading at $0.3499 and has since experienced a modest upward movement of 2.69% from that opening price. Despite a brief dip to $0.3485, the asset is attempting to gain momentum.
However, when viewed against longer timeframes, the picture is more nuanced. GHST's value is down -23.37% from its 30-day high and -5.09% from its 7-day high. Conversely, it has shown resilience from recent lows, climbing 15.39% from its 30-day minimum and 3.70% from its weekly low.
Trading activity remains robust, with 15,140,851 GHST coins exchanged in the last 24 hours, generating a substantial trading volume of $5,440,044. The token is currently listed on 30 different exchanges, providing ample liquidity and access for traders.
Key Support and Resistance Levels
Technical analysis suggests crucial levels to watch for GHST's short-term trajectory. Maintaining a position above the $0.3562** support level is vital for potential upward movement. If this level holds, the first major resistance to target is at **$0.4295. A decisive break above this point could pave the way for a move toward the second resistance at $0.5011**, with a third key level sitting at **$0.5814.
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Understanding Aavegotchi's Market Capitalization and Supply
Aavegotchi possesses a circulating supply of 53 million GHST coins. With its current price, this gives the project a market capitalization of approximately $19 million, ranking it at #660 among all cryptocurrencies globally. This market cap calculation is based solely on the coins currently in circulation.
The concept of Fully Diluted Valuation (FDV) is also important for investors. FDV is calculated by multiplying the project's total supply (or max supply if total is unavailable) by the current price. This metric provides a theoretical maximum market cap if all tokens were in circulation, offering another perspective on the project's scale and potential.
Wealth Distribution and Holder Analysis
The distribution of GHST tokens among holders is a critical factor for assessing network health and decentralization. Current on-chain data reveals the following distribution:
- Top 1-10 addresses: Hold 44,453,185 GHST (84.27% of supply)
- Addresses 11-100: Hold 6,664,926 GHST (12.64% of supply)
- Addresses 101-1000: Hold 1,408,075 GHST (2.67% of supply)
- All other addresses: Hold 221,616 GHST (0.42% of supply)
This data indicates a high concentration of tokens within the top wallets. It is important to note that some of these top addresses are likely exchange wallets, which hold funds on behalf of numerous individual users. Nevertheless, wealth distribution remains a key metric for investors to monitor, as it can influence price volatility and governance decisions.
The Aavegotchi network boasts 5,873 unique holder addresses and has facilitated 144,315 successful token transfers since its launch. In the last 24 hours, the network processed 104 transactions, averaging about 4.33 transactions per hour.
Historical Performance and Returns Analysis
Aavegotchi conducted its Initial Coin Offering (ICO) in September 2020, successfully raising $30,000,000** by selling GHST tokens at a price of **$0.2000 each. The ICO concluded in March 2023.
An investment from the ICO would have seen significant growth. The current price represents a +79.65% return from the ICO price, meaning a $100 investment would now be worth approximately $179.65.
The token reached its all-time high (ATH) price of $3.15** on April 04, 2024. Since that peak, the price has corrected significantly. The lowest price post-ATH was **$0.3114, meaning the current price is up roughly 15.39% from that bottom.
Returns over specific periods provide further insight:
- 3-Month ROI: -32.21%
- 6-Month ROI: -66.78%
- 12-Month ROI: -70.04%
Volatility metrics highlight the asset's risk profile:
- 3-Month Volatility: 42.60%
- 6-Month Volatility: 62.91%
- 12-Month Volatility: 87.66%
The maximum drawdown, which measures the largest peak-to-trough decline, has been profound at -91.79%. The winning days percentage, indicating the proportion of days with a positive close, sits at 45.79%.
Aavegotchi's Position in the Crypto Ecosystem
Aavegotchi holds notable rankings within various cryptocurrency categories based on its market capitalization:
- Gaming (GameFi): #83
- Collectibles: #3
- Governance: #46
- Metaverse: #43
- Play To Earn: #31
- Layer 3 (L3): #4
- Meme Tokens: #84
- DAO: #46
Compared to other cryptocurrencies launched in the same year (2020), Aavegotchi demonstrates above-average trading volume. The average trading volume for the 878 coins launched in 2020 is approximately $2 million, while GHST consistently sees around **$5 million in daily volume**, indicating stronger market interest and liquidity.
Technical Analysis Overview
A summary of key technical indicators offers a snapshot of market sentiment:
- RSI (14): 49.73 (Neutral)
- Commodity Channel Index (20): 8.98 (Neutral)
- Average Directional Index (14): 48.72 (Neutral)
- Moving Averages: A mixed signal between short-term buy signals (SMA 10, SMA 20) and sell signals across most longer-term exponential moving averages (EMA 10, 20, 30, 50, 100, 200).
This mixed technical picture suggests a market at a potential inflection point, awaiting a clearer directional catalyst. For a more detailed and ongoing technical outlook, investors often consult specialized platforms. 👉 View real-time charting and technical tools
Frequently Asked Questions
What is Aavegotchi (GHST) and what is it used for?
Aavegotchi is a pioneering NFT gaming protocol where GHST serves as the eco-governance token. Holders use GHST to participate in the AavegotchiDAO, voting on proposals that shape the protocol's future, the Gotchiverse game, and the NFT ecosystem. The tokens are also used to summon Aavegotchi NFTs by staking Spirit Force and to participate in the play-to-earn Rarity Farming mechanics.
What is the current price and market status of GHST?
The latest price for one GHST token is $0.3593. It has seen a minimal increase of 0.36% in the last 24 hours and has been trading within a relatively stable range over the past week. Its market capitalization is $19 million, ranking it within the top 700 cryptocurrencies globally.
What was the highest price ever reached by Aavegotchi?
Aavegotchi reached its all-time high price of $3.15 on April 04, 2024. This peak was achieved over a year ago, and the price has since undergone a significant market correction along with the broader cryptocurrency sector.
How concentrated is the ownership of GHST tokens?
Token distribution is highly concentrated, with the top 10 addresses holding over 84% of the circulating supply. It is crucial to understand that this figure includes exchange wallets, which hold tokens for thousands of individual users, so the concentration among individual owners is likely lower than it appears.
What was the initial coin offering (ICO) price for GHST?
The GHST token was initially sold during its ICO at a price of $0.20 per token. The project successfully raised $30 million through its fundraising event, which began in September 2020 and concluded in March 2023.
On which blockchain is Aavegotchi built?
Aavegotchi was originally launched as an ERC-20 token on the Ethereum platform on September 14, 2020. The protocol and its NFT assets leverage the security and widespread adoption of the Ethereum network, though the community has voted on governance proposals regarding chain expansion and migration.