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- 1 Gnosis crypto price surged 14.82% in the past 24 hours and currently trades at $230.14.
- 2 GNO price prediction shows that it may gain over 573.6% by the end of the financial year 2028 and reach a high of $1556.
- 3 The weekly chart shows that the price is on a six-week gaining streak.
Gnosis is a DAO that provides decentralized infrastructure for the Ethereum ecosystem. It started as a prediction market platform, but soon realized the need for more robust and scalable solutions.
It developed products such as Gnosis safe, a Multisig wallet; cow protocol, a DEX that uses batch auctions; conditional tokens, a framework for prediction markets.
Gnosis also merged with xDAI, a sidechain that offers fast and cheap transactions, to create the Gnosis chain which is a companion network for Ethereum.
Gnosis crypto price witnesses a short-term surge and illustrates strength over the weekly chart. The price is on a gaining streak of six weeks. The price has surged from a low of $112 to a high of $240 in the past five weeks.
The recent surge has turned the long-term trend optimistic and the price may keep on forming higher highs and higher lows.
The technical indicators imply an optimistic outlook in the short term. The price hover above the 50-day and 200-day EMA. It indicates that the key EMAs may act as a dynamic support for the price if the price declines.
Gnosis Price Prediction 2023
The volume analysis shows that GNO has a 24-hour trading volume of $50.78 Million with a gain of 173.77% as compared to the last day. The live market cap of Gnosis is $592.63 Million and ranks 93rd among the top cryptos. The volume-to-market cap ratio is 8.73%, indicating mild volatility in the market.
The price prediction for November 2023 showcases a bullish outlook. The optimistic view of analysts estimates the price may reach a high of $250.2 by the year-end. The pessimistic view of analysts estimates the price may drop to $187.14.
Gnosis Price Prediction 2024
As per the analysts, the most optimistic target that the GNO price may achieve by 2024 is $433.36, indicating an upside potential of 87.68% from the CMP. However, the pessimistic view of analysts expects the price to reach $319.01.
Gnosis Price Prediction 2025
The most optimistic analyst forecast for Gnosis crypto expects the price to reach a high of $627.332 with a potential gain of 172.25% from the CMP. The minimum forecasted price by the end of 2025 is $391.45. The average predicted price till 2025 is $511.60.
Gnosis Price Prediction 2026
The GNO price may reach a high of $806.84 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $598.66 by 2026.
Gnosis Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the GNO price to reach a high of $1180.15. The minimum price target of analysts is $879.02 by 2027.
Gnosis Price Prediction 2028
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the GNO crypto price may reach a high of $1556.64. However, the pessimistic view of analysts expects the price to reach $1152.78.
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.