Home
News
- 1 The GNO token price slid by 2.67% in the past 24 hours and was at $224.25 press time.
- 2 Gnosis price has an all-time at $1088 and an all-time low near $7.05.
- 3 The daily chart shows a profit booking after a short term bullish surge.
Gnosis (GNO) is a platform for decentralized applications (dApps) on Ethereum. It offers products such as Gnosis safe, a multisig wallet; Cow Protocol, a DEX with batch auctions; Conditional Tokens, a prediction market framework etc.
Gnosis also has its own EVM chain, which uses xDai and GBC for stability and security. GNO is the native token of the platform, which follows the ERC-20 standard and is secured by Ethereum’s PoS.
The price analysis of the Gnosis crypto showcases a bullish outlook in the long term. The price hovers above the 50-day and 200-day indicating strength over the charts.
However, the recent sessions have experienced a drawdown after a bullish surge. The price may undergo profit booking amid a short term price hike.
Moreover, a long term uptrend is prevailing on the GNO crypto chart which may keep on adding more buying volume at the lows and the price may resume with the ongoing trend.
Gnosis Price Volume Analysis
The volume analysis shows that GNO had a 24-hour trading volume of $7.28 Million with a drop of 31.09% as compared to yesterday. The live market cap of GNO is $580.48 Million and it ranks 91st among all cryptos. The volume-to-market cap ratio is 1.37% indicating very low volatility in the market.
Gnosis Price Prediction 2023
The most optimistic price prediction of the analysts expects the GNO token price to reach a high of $251.52, signifying an upside potential of 12.73% from the CMP. The minimum price that GNO crypto could drop is $187.24.
Gnosis Price Prediction 2024
As per analysts, the most optimistic target that the GNO may achieve by 2024 is $445.20, indicating an upside potential of 101.70% from the CMP. The average analyst price target is $393.82 by the end of 2024. However, the pessimistic ones pegged the target at $342.43.
Gnosis Price Prediction 2025
The most optimistic analyst forecast for Gnosis crypto expects the price to reach a high of $566.11 with a potential gain of 185.57% from the CMP. The minimum forecasted price by the end of 2025 is $475.69.
Gnosis Price Prediction 2026
The GNO coin price may reach a high of $691.14 if a positive trend prevails for the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $522.18 by 2026.
Gnosis Price Prediction 2027
As per analysts, the most optimistic price up to which it may reach is $833.05. The minimum price target that GNO coin may achieve is $694.89.
Gnosis Price Prediction 2028
The most optimistic price prediction of the analysts is $947.36 over the next five years. The pessimistic view of analysts pegs the target at $841.77 by the end of year 2028.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
