Since the GoChain market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on GoChain’s price movements. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. According to our historical data, it is currently not profitable to invest in GoChain. The price of GoChain decreased by -24.74% in the last 1 year, while the coin’s 3-year performance is -40.78%.
- GoChain is down by -49.88% with the maximum average price of the coin was around $0.006 and the minimum average price of was around $0.006 in past 4 months.
- Investing is speculative and when you invest money, your entire capital is at risk.
- Any use or reliance on our content is solely at your own risk and discretion.
- GoChain has experienced a hard time gaining momentum over the past 7 days, down 20.44%.
- However, it depends on the elements that emerge during the market’s growth and development stage.
The GO token is an ERC-20 token based on Ethereum that can be used as “gas” to access all GoChain platform services. July is the best month, and September is the worst by analysing data of the last six years. The table below illustrates the percentage of profitability based on the timing of the investment. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
We cannot give you investment advice — you will need to do your own research in order to determine how good of an investment GoChain will be. Remember that it is very much a high-risk, high-reward investment, and we would recommend against investing in it if you already have many similar assets in your portfolio. GoChain’s price and the future of the project will largely depend on how many partnerships its team will manage to establish in the near future. When trying to make a GoChain forecast, many traders also try to monitor the activity of GO “whales”, which are entities and individuals that control large amounts of GO.
What will the GoChain price be in 2027?
As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions. Even at 12x the market cap of GO, ICX is still far undervalued in comparison to ETH or NEO. ICX should see major gains with the Korean markets building steam and the overall crypto markets building momentum. ICX has made headlines recently by announcing they were going to use $5 million to buy back their ICX tokens from the market.
- GO is showing bearish signs this week, now could be a good time to invest if you are thinking of buying GoChain.
- Organic Traffic – is a metric of how many monthly users visit the project’s website via search engines.
- The market capitalization of GoChain can change significantly in a short period of time.
Founded in 2013, Bitcoin Wisdom strives to provide informative and accurate bitcoin news, price predictions, investing guides and exchange reviews. Just like with any other asset, the price action of GoChain is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of GO.
In the past 24 hours, the crypto has been decreased by -33.09% in its current value. If we compare the current market cap of the GO with yesterday’s, you can see that the market cap is also down. This is a short-term price prediction/forecast, includes only the next safecoin chart 10 days, updated every 5 hours. Although it is not as likely as, say, for some other coins or tokens like SHIB or Solana, it is definitely not beyond the realm of possibility. Currently, we expect GoChain’s price to mirror the rest of the crypto market closely.
Price of GoChain (GO) in different fiat currencies:
The GoChain (GO) platform employs a Proof of Reputation consensus model, which considers the reputation of all network participants. There are plans to create 1,000,000,000 tokens in total, with the current circulating supply of 498,943,652 GO. The remaining tokens will be dispersed as signing bonuses, with 5%, or 50,000,000 GO tokens, distributed during the first year of the main net procedure. The distribution rate will gradually decrease until all 500,000,000 GO tokens have been dispersed. GoChain addresses the centralization, scalability, and energy consumption issues that plague blockchains that use Proof of Work as a consensus mechanism.
Over the last 7 days, GoChain has been showing bearish signs as the coin dropped 20.44%. Due to this, we expect a slight recovery within the next week as investors take advantage of this dip as an opportunity to buy GO. Recently, GoChain announced a partnership with Microsoft Azure to help drive enterprise adoption as GoChain is the only protocol that offers customer support services. GoChain also has their “TurboWallet” which is a P2P crypto payment system with a messaging app built by the GoChain team. Currently, the platform is deployed on Telegram and will be moving to other messaging platforms shortly.
While many people are waiting for its “bubble” to pop, we think that is not likely to happen in the near future or at all. First of all, its official Reddit community is all but dead — in all the recent posts, there are just people begging for 1 GO to be able to transfer their OMI tokens. Secondly, users from the US are currently having difficulties obtaining GO.
In my opinion, GO is likely to post the highest returns of any crypto described on this list. Conduct your own research regarding crypto projections before making any investment decision or investing in the crypto world. However, keeping all this aside, here is our long-term data on OMI price prediction.
GoChain Live Price Chart
ETH, though already the #2 Cryptocurrency by market cap, should build momentum in the next few months as well. ICOs should pick up again once countries finalize regulations regarding their raising of funds. This will allow the “brand name” to pick up where it left off, leading the next wave of the ICO craze (likely “regulated” ICO craze). This new wave of ICOs will lead ETH higher, but not like the returns likely to be produced by GO or ICX (Prediction 2x). GO seems to have the best technology with a live mainnet and the lowest market cap by far having completed their ICO in the middle of the bear market. However, with over 9 months in bear mode, most individuals have forgotten about them entirely.
We present to you comprehensive short term as well as long term predictions for over crypto assets. Cryptocurrency analysts are ready to announce their estimations of the GoChain’s price. The experts in the field of cryptocurrency have analyzed the prices of GoChain and their fluctuations during the previous years. It is assumed that in 2026, the minimum GO price might drop to $$0.011, while its maximum can reach $$0.013. GoChain (GO) is a scalable, fast, and secure blockchain based on the Ethereum platform. The cryptocurrency supports high transaction volumes and quite fast verification.
You should also be aware of the potential for loss, and only invest what you can afford to lose. You can buy GoChain on its official website or one of the many exchanges that support it. Unfortunately, it is not listed on Changelly, but you can use our platform to buy BTC, ETH, or another cryptocurrency that can be later used to purchase GO.
On the other hand, GoChain remains a highly effective and eco-friendly blockchain platform. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the GO price. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 50.95, which indicates that the GO market is in a neutral position. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice. There is no specified amount you should invest in GoChain, our best investment advice is to only invest what you can afford to lose.
Gochain (GO) Technical Overview
All these transactions will be carried out using the native currency of the ECOMI ecosystem called OMI tokens. These tokens are used to purchase virtual collectibles or artwork via staking; open premium features access. The popularity of NFTs with the use of blockchain has opened new possibilities for creators and developers of digital artwork. ECOMI is one such platform looking to leverage off of this growing trend.
DR (Domain Rating) metric is a sign of the project’s website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic – is a metric of how many monthly users visit the project’s website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype. The user can view their balances and feedback information on the e-paper display on the secure wallet. This allows users to maintain direct control over their private keys, see cryptocurrency balances, view transaction history, and send or receive the supported cryptocurrencies. The VeVe store will also have a secondary marketplace, an augmented reality showroom, where users can buy, sell and trade with other community members.