GoChain (GO) Price Prediction – 2023, 2025, 2030

GoChain (GO) Overview

GoChain (GO) Introduction

GoChain is an innovative token with a solid technical foundation and an impressive list of partnerships but has yet to make a breakthrough. Lately, the scalability of blockchains has been a hot topic, and the winner could have an advantage over all other cryptocurrencies.

One of the most recent entrants into the fray is GoChain, which claims to be 100 times faster than the Ethereum network and a better alternative to smart contracts by employing Proof-of-Reputation as a consensus protocol rather than Proof-of-Work or Proof. In addition to being 100 times faster than Ethereum, it aims to be 10 times more decentralized and consume 1,000 times less power than Bitcoin.

Many coins and tokens in similar positions as Gochain have comparable market capitalizations to their “neighbors.” As a result, their rankings can change dramatically within a single day.

If you want to learn more about GoChain, its history, tokenomics, and price prediction, keep reading as this GoChain price prediction will uncover everything you need to know about the GO token. Overall, our primary focus will remain on the GoChain price predictions from 2022 to 2030.

What is GoChain?

GoChain (GO) is an Ethereum-based blockchain that is scalable, fast, and secure. The cryptocurrency allows for high transaction volumes and quick verification. GoChain can perform x100 more transactions per second than Ethereum. GoChain’s transition to a Proof of Reputation consensus model considers the reputation of all network participants. It’s to ensure a network is fully secure and free of any internal or external problems. All participants in the GoChain blockchain must have a reputation, and attempting to cheat the system in either financial or branding terms will result in severe consequences.

In essence, GoChain has improved on the Proof of Authority model by renaming it Proof of Reputation for most network participants. Whereas, the Proof of Authority (POA) can still be used, but only for nodes with a stellar reputation and add significant value to the network. Furthermore, the blockchain was designed to be Ethereum compatible, which means that existing Ethereum-based chains can easily transition to GoChain.

GoChain addresses the centralization, scalability, and energy consumption issues that plague blockchains that use Proof of Work as a consensus mechanism. While Proof of Work is a good blockchain algorithm, it has served its purpose by starting the revolution. Now is the time to switch to something faster, more scalable, decentralized, and energy-efficient. It also goes beyond Ethereum smart contracts to create something more stable and useful.

Tokenomics of the GoChain Ecosystem

The GoChain token, denoted by the ticker symbol GO, was distributed in June 2018 following a successful ICO that collected 20,000 ETH, or $13.7 million. The GO token is an ERC-20 token based on Ethereum that can be used as “gas” to access all GoChain platform services.

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.

The GO token sale took place in May 2018, with the project reaching its hard cap of 20,000 ETH (approximately $13.7 million). Each token was sold for 0.00005 ETH and has already appreciated more than three times in ETH terms, now worth 0.0001620574 ETH, demonstrating the optimism surrounding the project, given that these gains were made while most virtual currencies were either flat or steadily decreasing.

GoChain Coin Overview

The GoChain (GO) platform employs a Proof of Reputation consensus model, which considers the reputation of all network participants. GoChain, which claims to be fully compatible with existing Ethereum wallets, smart contracts, and other tools, aims to enable developers to deploy decentralized applications on a more energy-efficient network than Bitcoin or Ethereum.

If you’re wondering where to buy GoChain, the top cryptocurrency exchanges for trading GoChain tokens are Binance, KuCoin, Gate.io, Upbit, and Bithumb.

GoChain (GO) Current Price

GoChain is currently worth $0.004849 USD. GO has moved 4.47% in the last 24 hours with a trading volume of $13,480. GoChain is currently ranked 2754 amongst all cryptocurrencies with a market capitalization of $6,122,605 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for GoChain (GO) to decide wether it is going to have a bullish or bearish year.

GoChain (GO) Price Predictions

Are you looking for GoChain price prediction for 2022, 2023, 2024, 2025, and 2030 and want to comprehend where the GO token prices can go in the future? 

We’ll look at the past price of GoChain and see what technical analysis suggests about the GoChain price forecast.

The GoChain price prediction is solely based on technical analysis, and I will be using a series of technical indicators such as moving averages, trendlines, Fibonacci retracement, RSI, and MACD to determine the GoChain price prediction.

Let’s first look at the GoChain price prediction for 2022 to 2030.

Our price prediction forecasts use real-time GoChain (GO) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

GoChain (GO) Price Prediction 2023

GoChain, according to some, is one of the most amazing cryptocurrencies to rise this year (GO). The GO price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.007274.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.006789 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. GO is expected to have a minimum value of $0.005819.

GoChain (GO) Price Prediction 2024

In 2024, GoChain GO price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of GO will soon surpass $0.012123. However, we should wait to see if the GO’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, GO will trade with a minimum trading price of $0.009698 and an average trading price of $0.010668.

GoChain (GO) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.016972 and GO may profit. If the market experiences a decline, the goal may not be met. GO is expected to trade at an average price of $0.015517 and a low of $0.014547 in 2025.

GoChain (GO) Price Prediction 2026

If GoChain successfully boosts market sentiment among cryptocurrency enthusiasts, the GO coin price could remain stable for the next five years.

According to our projections, GO will be green in 2026. The GO is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.021821, with a minimum price of $0.019397 and an average price of $0.020366.

GoChain (GO) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the GO price is expected to cross an average price level of $0.025216 by 2027, with a minimum price of $0.024246 expected before the end of the year. Furthermore, GO has a maximum price value of $0.02667.

GoChain (GO) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.030065. If GO manages to break the resistant level in 2028, we could see a maximum price of $0.03152, failing to gather the support GO needs by 2028 could result in a low of $0.029095.

GoChain (GO) Price Prediction 2029

While GO is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.033944 and a yearly price close above $0.036369 in 2029.

GoChain (GO) Price Prediction 2030

By 2030, GoChain will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.038793 and potentially reach a maximum price value of $0.041218, averaging out at $0.039763.

GoChain (GO) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum GO price in 2031 is projected to be $0.047522 in the event of a bull run, with an average price level of $0.045582.

Conclusion

GoChain (GO) is an Ethereum-based blockchain that is scalable, fast, and secure. The cryptocurrency allows for high transaction volumes and quick verification. GoChain can perform x100 more transactions per second than Ethereum.

GoChain intends to go beyond Ethereum smart contracts by employing PoR (Proof of Reputation) rather than PoA (Proof of Authority) and PoW. (Proof of Work). PoR considers user reputation for ensuring the network is secure and free of potential external and internal failures. GoChain has transformed several industries since its inception.

Many regulators have approved the coin, and a team of specialized developers is working to promote it and increase acceptance.

This guide is a self-evaluation of how well GO has performed in the past and the likelihood of it performing well in the future. Keep an eye on our price predictions for more cryptocurrency price predictions of the latest and most popular altcoins. That’s all for now.

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