Gnosis Price Prediction 2024, 2025, 2030: Will GNO Price Reclaim $500 In 2024?

Gnosis Price Prediction 2024, 2025, 2030

The post Gnosis Price Prediction 2024, 2025, 2030: Will GNO Price Reclaim $500 In 2024? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the Gnosis token is  $ 357.35780982
  • The GNO price might hit a maximum of $715 by the end of 2024.
  • Gnosis (GNO) price with a potential surge could go as high as $2,768 by the end of 2030.

Several cryptocurrency projects with breakthrough innovations have emerged in the market. One such project is gnosis , which is a decentralized prediction market network that is open-source and built on the ethereum network.

The company’s core objectives include customized information search, the standard for predictive assets. And evolving as the most effective forecasting tool in the industry. The main interoperable products of Gnosis are used for creating, trading, and holding digital assets on Ethereum.

Are you one among the numerous individuals who are keen on GNO? Fear not as we’ve got you covered with our GNO price prediction for 2024 and the years to come!

Overview

Cryptocurrency Gnosis
Token GNO
Price  $ 357.35780982 red -3.12%
Market cap  $ 925,409,496.0246
Circulating Supply  2,589,588.0000
Trading Volume   $ 12,702,353.5956
All-time high $1,088.87 on 16th November 2021
All-time low $7.05 on 13th March 2020
24 High  $ 307.1000
24 Low  $ 295.4000

* The statistics are from press time. 

Gnosis (GNO) Price Prediction June 2024

The GNO price has displayed a bullish reversal in its chart by recording a jump of 186% in its trading volume and adding 8.18% within the past day. Moreover, the Gnosis coin price has added 6.89% within the past week and 23.61% over the past month. With a return of 80.61% this year, the altcoin has secured the 89th position in the global crypto market list.

The Simple Moving Average (SMA) displays a bullish curve in the 1D time frame, suggesting increased bullish sentiment in the crypto space.

Gnosis Price Prediction 2024
TradingView: GNO/USDT

The Relative Strength Index (RSI) successfully retests its mid-point, resulting in it heading toward the overbought range. Furthermore, the average shows a similar trend, suggesting the price will continue gaining value during the upcoming weeks.

If the market holds the GNO price above the support level of $338.5, the bulls will regain momentum and prepare to test its upper resistance level of $390.5 this month. In case of a trend reversal, the Gnosis crypto will plunge toward its lower support level of $292.5 in the coming time.

Gnosis Price Prediction 2024

The increased price volatility in the crypto market could result in the GNO price gaining significant traction during the upcoming weeks. Further, the coin might benefit from community-building and forthcoming upgrades. This, along with predictions for the fourth quarter might lead the Gnosis price recording a yearly high of $715.

However, a bearish trend reversal or a setback in the adoption process could bring the cost down to $280. With this, the GNO price could conclude the year with an average trading price of $497.5.

GNO Price Prediction 2024 – 2030

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 280 497.5 715
2025 526 742 958
2026 764 1,026 1,289
2027 964 1,309 1,654
2028 1,156 1,536 1,916
2029 1,369 1,834 2,299
2030 1,706 2,237 2,768

Gnosis Price Prediction 2025

Gnosis’ objective is to make it simple for programmers to create dApps on top of Gnosis as a decentralized, permissionless ecosystem. Additionally, it offers a devkit to allow building your very own case on the base of the platform as simply as possible. This might stir its maximum price to reach $958 by 2025.

If collapsed the price may trend at the level of about $526. With this, the average cost may hit $742 considering the present buying and selling pressure in the crypto market.

Gnosis Crypto Price Prediction 2026

According to forecast prices and technical analysis, the price of GNO token may reach a minimum of $764 in 2026. The maximum price could hit $1,289, with an average Gnosis price of around $1,026.

GNO Coin Price Prediction 2027

Looking forward to 2027, Gnosis price may reach a low of $964, with a high of $1,654 and an average price of $1,309.

Gnosis (GNO) Price Prediction 2028

In 2028, the price of a single Gnosis (GNO) token may reach a minimum of $1,156, with a maximum of $1,916 and an average price of $1,536.

GNO Crypto Price Prediction 2029

By 2029, the price of Gnosis might reach a minimum of $1,369, with the potential to hit a maximum of $2,299 and an average of $1,834.

GNO Price Prediction 2030

In 2030, GNO price may touch its lowest price at $1,706, hitting a high of $2,768 and an average Gnosis price of $2,237.

Market Analysis

Firm Name 2024 2025 2030
Wallet Investor $328.146 $321.285
priceprediction.net $439.36 $632.15 $4,094
DigitalCoinPrice $613.21 $836.35 $2,502.26

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s GNO Price Prediction 

Gnosis would gain attention with newer developments and partnerships. Also,  the platform will improve its performance to further increase its prediction system. The ecosystem, therefore, stands a fantastic opportunity to achieve significant benchmarks.

According to the GNO price forecast unfolded by Coinpedia, the currency is expected to reach record highs. In light of these variations, GNO may therefore trade around $715 by the end of 2024. On the flip side, if the network doesn’t live up to expectations, it can hit a low of $526.

What Is Gnosis?

Gnosis is a decentralized prediction system developed on the Ethereum protocol. The system helps individuals safely create, trade, and retain virtual currencies on Ethereum via its three integrated solutions. Consumers can gather data about impending occurrences and create forecasts using its services. 

Individuals can even set up a prediction marketplace on the app that anyone can wager on. Sports, stock market changes, weather forecasts, and political interests are all featured events by the Gnosis. The primary goal of the business is to deliver personalized information-seeking and prognostic assets to create a powerful forecasting tool. 

Mainly, Gnosis is based on the idea that a group’s collective prophecies are typically more precise than even those made by an expert. The Gnosis safe, sometimes referred to as a multi-signaling wallet, enables a group of users to manage their money collaboratively. To function with web3 wallets, it stores ETH and ERC-20 coins.

Fundamental Analysis

Gnosis (GNO) went live in 2015 as a component of consensys , an Ethereum venture production firm, by Martin Koppelmann and Stefan George. In April 2017, Gnosis was fortunate to get funding and set up shop on its own in Gibraltar. 

Gnosis presently employs more than 50 people globally, with its main production center located at the co-working space Full Node in Berlin. Smart contracts built on Ethereum are used by the Gnosis network. As smart contracts are housed on the Ethereum network, the nodes, and miners who employ Proof-of-Work to keep the Ethereum network secure also take care of basic privacy. 

Moreover, to ensure that the code in their smart contracts is current, safe, and compliant with the Ethereum framework, the Gnosis ecosystem also performs routine audits. As a result, it offers increased security as well as new features including multi-factor authentication, enhanced DApp compatibility & interaction, and increased recovery techniques.

Historical Market Sentiments 2017 – 2023

  • The Gnosis price went up to $266 in 2017 from its launch date price of $30. The price further spiked to $331 by mid-August creating new highs. The token ended the year at $268 entering a bull run.
  • The value of the coin quickly touched $409 on the 5th of January. After this sudden peak, the coin instantly began rolling down.
  • The value fell by $60 in April and from there, it did not see any major uptrend for the rest of the year.
  • The year did not turn out to be a fortunate year for the virtual currency as the price remained stable.
  • The token traded below $30 for almost all of the year with no major growth.
  • After receiving a bullish kickstart, the currency’s value, however, started to decline and remained low reaching an all-time low of $7.05 on March 13th, 2020.
  • GNO, however, made a comeback and closed 2020 at $75.50.
  • With a few sporadic dips, Gnosis retained its upward trend in 2021. It struck an all-time high of $1,088.87 on November 16th. The coin then had a retracement and terminated the year at $532.12.

FAQs

Is Gnosis a good investment?

GNO has been a volatile coin and can be considered for the long term, whilst evaluating its fundamentals.

What will the maximum price of GNO be by the end of 2024?

According to our GNO price prediction, the digital token’s price could surge as high as $715.

What Does Gnosis Coin Do?

Gnosis is an Ethereum-based token that is primarily used to stake OWL tokens and to receive prizes. Users can also lock GNO for a maximum of one year.

What will be the average price of GNO by 2025?

The coin is anticipated to trade at an average price of $958 by the end of 2025. 

Where can I buy Gnosis?

It is available for trading at major exchanges like Binance, Gate.io, AscendEX, Uniswap, Kraken, Sushiswap, etc.

What will be the minimum and maximum price of Gnosis (GNO) by the end of 2030?

With a potential surge, the GNO price could conclude the year with a minimum price of $1,706 and a maximum of $2,768.

What is the value of 1 GNO token?

At the time of writing, the price of one Gnosis token was $355.4.

GNO
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