<ul data-eligibleForWebStory="true"><li>Gains Network (GNS) token price drops 19.3% after a 31% weekly rally.</li><li>Rising Bitcoin dominance contributes to altcoins' weakness and retail sell-offs.</li><li>GNS burn vote outcome crucial for next price movement, current support at $1.39.</li><li>Sharp drop attributed to profit-taking after overbought conditions and market weakness.</li><li>MACD hints at fading bullish strength, volume decrease signals waning interest.</li><li>Bitcoin dominance rise impacts altcoin market; Altcoin Season Index at 14.</li><li>GNS closely correlated with Bitcoin, sentiment shifts affect GNS price.</li><li>Community vote on governance proposal to impact tokenomics, potential supply reduction.</li><li>Competition increasing for GNS, sustainability focus and market share challenges.</li><li>GNS testing key support at $1.39, burn proposal and market conditions key determinants.</li></ul>

Gains Network (GNS) down 19% today: Is it the end of its recovery?

Discover more