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GoChain is one of those incredibly innovative tokens that have a solid technical foundation and a respectable list of partnerships but haven’t managed to make a breakthrough yet.
As a smaller token, it doesn’t have a fixed ranking spot in the market cap-based ratings, such as CoinMarketCap or CoinGecko — it stays somewhere in the 500-700 range. Many coins and tokens with a similar position have a market capitalization that is not that different from their “neighbors.” That’s why their spots in the ranking can fluctuate wildly within one day.
Despite that, GoChain can still be a worthwhile investment for certain investors. As a smaller token, GO is a relatively risky choice, but it also has high profit potential. In this article, we will attempt to make a GoChain price forecast for 2022-2030, but please remember that only you can decide whether an asset will be a good fit for your portfolio or not.
GoChain Overview
Our real-time GO to USD price update shows the current Gochain price as $0.007079 USD.
Our most recent Gochain price forecast indicates that its value will increase by 3.32% and reach $0.007314 by May 10, 2023.
Our technical indicators signal about the Bearish Bullish 28% market sentiment on Gochain, while the Fear & Greed Index is displaying a score of 60 (Greed).
Over the last 30 days, Gochain has had 15/30 (50%) green days and 2.69% price volatility.
Gochain (GO) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Gochain (GO) Price Prediction For Today, Tomorrow and Next 30 Days
GoChain Prediction Table
GoChain Historical
According to the latest data gathered, the current price of GoChain is $$0.01, and GO is presently ranked No. 837 in the entire crypto ecosystem. The circulation supply of GoChain is $8,124,577.60, with a market cap of 1,219,819,677 GO.
In the past 24 hours, the crypto has increased by $0.0006 in its current value.
For the last 7 days, GO has been in a good upward trend, thus increasing by 2.83%. GoChain has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of GO has increased by 10.85%, adding a colossal average amount of $0.0007 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
GoChain Price Prediction 2023
According to the technical analysis of GoChain prices expected in 2023, the minimum cost of GoChain will be $0.00639936. The maximum level that the GO price can reach is $0.0068978102. The average trading price is expected around $0.0073962603.
GO Price Forecast for May 2023
Based on the price fluctuations of GoChain at the beginning of 2023, crypto experts expect the average GO rate of $0.0070327967 in May 2023. Its minimum and maximum prices can be expected at $0.0067523247 and at $0.0073132686, respectively.
June 2023: GoChain Price Forecast
Cryptocurrency experts are ready to announce their forecast for the GO price in June 2023. The minimum trading cost might be $0.00639936, while the maximum might reach $0.0073657634 during this month. On average, it is expected that the value of GoChain might be around $0.0068825617.
GO Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of GoChain in 2023 and in previous years, so the average GO rate they predict might be around $0.0073684298 in July 2023. It can drop to $0.00736593 as a minimum. The maximum value might be $0.0073709295.
August 2023: GoChain Price Forecast
In the middle of the year 2023, the GO price will be traded at $0.0073735959 on average. August 2023 might also witness an increase in the GoChain value to $0.0073760956. It is assumed that the price will not drop lower than $0.0073710961 in August 2023.
GO Price Forecast for September 2023
Crypto experts have analyzed GoChain prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0073786787. The lowest and peak GO rates might be $0.0073762623 and $0.0073810951.
October 2023: GoChain Price Forecast
Crypto analysts expect that at the end of summer 2023, the GO price will be around $0.0073837616. In October 2023, the GoChain cost may drop to a minimum of $0.0073812618. The expected peak value might be $0.0073862613 in October 2023.
GO Price Forecast for November 2023
Having analyzed GoChain prices, cryptocurrency experts expect that the GO rate might reach a maximum of $0.0073912608 in November 2023. It might, however, drop to $0.007386428. For November 2023, the forecasted average of GoChain is nearly $0.0073888444.
December 2023: GoChain Price Forecast
In the middle of autumn 2023, the GoChain cost will be traded at the average level of $0.0073939272. Crypto analysts expect that in December 2023, the GO price might fluctuate between $0.0073914275 and $0.007396427.
GoChain Price Prediction 2024
After the analysis of the prices of GoChain in previous years, it is assumed that in 2024, the minimum price of GoChain will be around $0.0129987. The maximum expected GO price may be around $0.0159984. On average, the trading price might be $0.0129987 in 2024.
GoChain Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of GoChain, in 2025, GO is expected to have the following minimum and maximum prices: about $0.0189981 and $0.0229977, respectively. The average expected trading cost is $0.0189981.
GoChain Price Prediction 2026
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 $0.0279972, while its maximum can reach $0.0329967. On average, the trading cost will be around $0.0289971.
GoChain Price Prediction 2027
Based on the analysis of the costs of GoChain by crypto experts, the following maximum and minimum GO prices are expected in 2027: $0.0489951 and $0.0389961. On average, it will be traded at $0.039996.
GoChain Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of GoChain. Based on their predictions, the estimated average GO price will be around $0.0589941. It might drop to a minimum of $0.0569943, but it still might reach $0.0689931 throughout 2028.
GoChain Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of GoChain. It is estimated that GO will be traded between $0.0879912 and $0.09999 in 2029. Its average cost is expected at around $0.0909909 during the year.
GoChain Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the GoChain’s price. The year 2030 will be determined by the maximum GO price of $0.149985. However, its rate might drop to around $0.129987. So, the expected average trading price is $0.139986.
GoChain Price Prediction 2031
After years of analysis of the GoChain price, crypto experts are ready to provide their GO cost estimation for 2031. It will be traded for at least $0.189981, with the possible maximum peaks at $0.229977. Therefore, on average, you can expect the GO price to be around $0.19998 in 2031.
GoChain Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the GoChain’s price. The year 2032 will be determined by the maximum GO price of $0.339966. However, its rate might drop to around $0.289971. So, the expected average trading price is $0.29997.
GoChain, or Go Chain, as it is also sometimes spelled, is one of the greenest and fastest cryptocurrencies in the world. Additionally, it is also considered to be among the most cost-effective tokens: its transactions are up to 1,000 times cheaper than those of the most popular digital currencies like Bitcoin or Ethereum. The average transaction confirmation time for GO is 3-5 seconds.
The GO token powers the GoChain network, which utilizes one of the most innovative consensus algorithms in the world — namely, proof-of-reputation. This novel algorithm uses a reputation-based system for maintaining the safety and security of the blockchain system. According to its creators, one of the greatest risks of peer-to-peer networks is the ability of nodes to come and go at will. So, PoR only allows the nodes with the highest reputation values to join the consensus group that can make the decisions pertaining to the state of the blockchain.
On February 23, 2022, the GoChain network introduced staking: 50% of all GO rewards now go to the stakers.
In order to buy the GoChain cryptocurrency, first, you will need to get a crypto wallet that supports it. Some of the hardware and hot wallets that support it are MetaMask, Ledger, Trezor, MEW, and others — you can see the full list on the GoChain website.
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The GoChain cryptocurrency has some things backing it up, but there are also a few factors that seem to be pointing toward GO having a rather hard time in the near future.
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. Additionally, a prominent project that used the GoChain network — the VeVe marketplace and its token OMI — has recently moved to the Ethereum blockchain.
On the other hand, GoChain remains a highly effective and eco-friendly blockchain platform. It also has its own NFT marketplace, Zeromint.
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. There’s a huge possibility that the current (as of the end of February 2022) instability may bring a lot of new investors to the market, and it will be up to GO’s team to figure out ways to attract them to this project. The project’s eco-friendliness surely is a huge advantage.
Source: CoinMarketCap
As can be seen from the chart, GoChain’s price follows the rest of the cryptocurrency market. Therefore, it is likely to rise alongside other cryptocurrencies in the future, too.
As of the end of February 2022, most experts are bullish on GoChain and expect the GO price to go up in the near future. Most GoChain price predictions at the moment are positive and expect at least a 40% growth in one year.
GoChain Forecast for 2022-2030
If GO withstands the test of time and manages to stay afloat amid incredibly tight competition and inevitable government regulations, then we will likely see its average price continuing to rise. For now, our tentative GoChain price prediction for 2030 will be an average of $0.07 per token. Of course, there will also be drops and price spikes: if you’re planning to invest in this token, we recommend exercising caution and doing your best not to make irrational decisions due to market hype and FOMO.
Is GoChain a Good Investment?
It is hard to predict whether GoChain will be a profitable investment or not. A lot depends on when you buy it or sell it and so on. Most cryptocurrencies rise eventually, and GoChain’s price has the potential to go up in the future.
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.
What Is the Future of GoChain?
So, can GO still go to the moon? It is possible. 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. 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.
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.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/gochain-go-price-prediction/