When the token was listed on Binance, GNO’s price has reached $422.95 on August 31. Since then, its price fell a bit, still hovering around the $300 mark. Those movements, in part, prompted good long-term Gnosis price predictions, many of which forecast significant growth in a few years’ time horizon.
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Gnosis Price Prediction: Will Gnosis Binance Listing Lead to the GNO Token Price Growing More?
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Table of Contents
Gnosis Fundamental Analysis
Project name
Gnosis
Stock Symbol
GNO
Current Price
110
Current Supply
3000000
Launch Date
2017
Official Website
Gnosis is a decentralized prediction platform utilizing GNO as one of its two tokens (the other being OWL). Gnosis was launched in 2017 and is based on Ethereum.
Gnosis utilizes a principle defined by prominent market theorists like Hayek. It states that markets are, above all, very effective tools for spreading information: they base their existence on encouraging participants to acquire information and share it with others by making market decisions. This leads to the continuous adjustment of market entities’ value, which allows the public to form opinions on who’s the best and most useful.
The Gnosis team’s opinion is that this principle could work well outside the “traditional” market areas. In particular, Gnosis’ focus is prediction markets, also known as information markets. Instead of buying a stake in, say, a company, a prediction market participant can buy “a stake” equal to the probability of a particular outcome of some event. The idea is that the same market forces described above will do their work, eventually letting the truest results rise to the top through the “wisdom of the crowd”. Gnosis provides the infrastructure for the developers to build dApps for various kinds of prediction markets.
GNO tokens were sold during Gnosis’ ICO and are used primarily for staking to earn the second type of token on the platform — OWL. GNO token supply decreases with time, increasing value.
Gnosis Live Price Chart
GNO’s price almost reached $300 in the bull run of early 2021, peaking in early May. From mid-May until late August, GNO token price went through a slump, mostly trading in the $180–$200 range with occasional dips towards ~$135.
This changed at the end of August when the token was listed on Binance: GNO’s price has reached $422.95 on August 31. Since then, its price fell a bit, still hovering around the $300 mark. Those movements, in part, prompted good long-term Gnosis price predictions, many of which forecast significant growth in a few years’ time horizon.
Gnosis Technical Analysis
Despite the fact that 100% accurate technical analysis for Gnosis cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated GNO buy-and-sell rating for selected timeframe. The summary for GNO/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Gnosis Price Prediction
Below we have collected the most reliable price projections for Gnosis (GNO) from popular forecast platforms.
Gnosis Price Prediction for 2023
As for Gnosis price predictions for 2023, there are divergent opinions. WalletInvestor expects a downturn towards $90.2, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Gnosis’s future price, citing upwards of $119.9 in December.
Potential ROI:
-36%
Sell
Gnosis Price Prediction for 2024
According to TradingBeast, in 2024 Gnosis price is predicted to decline to $0, which makes Gnosis a poor investment option. WalletInvestor, in turn, predicts the price drop to $106.7, and PricePrediction.net agrees with a predicted price fall down to $68.2.
Potential ROI:
-47%
Sell
Gnosis Price Prediction for 2025
Gnosis price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0–$74.8 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $182.6 in December 2025.
Potential ROI:
-22%
Sell
Gnosis Price Prediction for 2026
WalletInvestor has only pessimism in store for the 2026 Gnosis price prediction, valuing Gnosis at $74.8 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Gnosis price prediction for December of this year is just $211.2.
Potential ROI:
-13%
Sell
Gnosis Price Prediction for 2030
Speaking of long-term Gnosis price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Gnosis price will grow further and eventually reach $178.2 by the end of the decade. WalletInvestor’s price prediction for Gnosis echoes with the projection of an uptrend to $204.6. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $0.
Potential ROI:
16%
Buy
Summary
As it can be clear from the analysis cited above, Gnosis (GNO) projections are rather contradictory. There is no universal consensus either about positive or negative future GNO price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Gnosis projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
