GoChain (GO) Price Prediction – 2023, 2025, 2030
GoChain (GO) Overview
|💱 Ticker Symbol||GO|
|💸 Market Cap||$6,240,463|
|🚀 Trading Volume||$437,922|
|📈 Price Change (24h)||-8.99%|
|💰 Current Supply||1,237,560,463|
- Bullish GoChain (GO) price predictions range between $0.022691 and $0.042862 by 2030.
- Market analysts believe GO could reach $0.017649 by 2025.
- Bearish GoChain market price prediction for 2023 is $0.004034.
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 $0.005043 USD. GO has moved -8.99% in the last 24 hours with a trading volume of $437,922. GoChain is currently ranked 880 amongst all cryptocurrencies with a market capitalization of $6,240,463 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.
|Year||Minimum Price||Average Price||Maximum Price|
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 $0.007564.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.00706 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 $0.006051.
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 $0.012606. 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 $0.010085 and an average trading price of $0.011094.
GoChain (GO) Price Prediction 2025
If the upward trend continues until 2025, it could reach $0.017649 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 $0.016136 and a low of $0.015128 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 $0.022691, with a minimum price of $0.02017 and an average price of $0.021179.
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 $0.026221 by 2027, with a minimum price of $0.025213 expected before the end of the year. Furthermore, GO has a maximum price value of $0.027734.
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 $0.031264. If GO manages to break the resistant level in 2028, we could see a maximum price of $0.032777, failing to gather the support GO needs by 2028 could result in a low of $0.030255.
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 $0.035298 and a yearly price close above $0.037819 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 $0.04034 and potentially reach a maximum price value of $0.042862, averaging out at $0.041349.
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 $0.049417 in the event of a bull run, with an average price level of $0.0474.
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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What is the GoChain (GO) price today?
Today, GoChain (GO) is trading at $0.005043 with a total market capitalization of $6,240,463.
Is GoChain a good investment?
GoChain proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that GO is a good choice of investment.
How high can GoChain go?
The average price of GoChain (GO) can possibly reach $0.00706 this year. Over the next 5 years, it is projected that GoChain may surpass $0.032777.
How much will GoChain be worth in 5 years?
Based on the rising popularity of cryptocurrency and GoChain, a long term investment in GO could see the price rise to $0.032777 within the next 5 years.
How much will GoChain be worth in 10 years?
If you invest in GoChain today, as with any investment, a long term increase is expected. The price of GO could possibly rise to $0.06404 within the next 10 years.
What will the GoChain price be in 2024?
GoChain (GO) price is expected to reach $0.012606 by 2024.
What will the GoChain price be in 2025?
GoChain (GO) price is expected to reach $0.017649 by 2025.
What will the GoChain price be in 2026?
GoChain (GO) price is expected to reach $0.022691 by 2026.
What will the GoChain price be in 2027?
GoChain (GO) price is expected to reach $0.027734 by 2027.
What will the GoChain price be in 2028?
GoChain (GO) price is expected to reach $0.032777 by 2028.
What will the GoChain price be in 2029?
GoChain (GO) price is expected to reach $0.037819 by 2029.
What will the GoChain price be in 2030?
GoChain (GO) price is expected to reach $0.042862 by 2030.
What will the GoChain price be in 2031?
GoChain (GO) price is expected to reach $0.049417 by 2031.