Market Stats and Forecasts
Gnosis Description
GNO is a popular native token of the Gnosis ecosystem. This is a decentralized platform built on Ethereum blockchain which serves as the foundation of this ecosystem and fulfils several key roles. When it comes to governance and stacking of this network, this token gives holders the right to participate in decision-making processes within the Gnosis ecosystem. All GNO token holders can vote on protocol upgrades, fee structures and other important matters for the development of the platform. The voting power of holders is directly proportional to their token holdings, which ensures that the community interests are associated with the project’s direction. The best thing is that GNO also serves as an index token for Gnosis ecosystem which clearly indicates that it represents a bunch of assets and projects within the Gnosis universe.
As soon as the ecosystem expands and new projects begin, the value of GNO is expected to matchup with the overall performance of these projects. As we already discussed Gnosis was built on Ethereum blockchain and it is an ERC-20 token. Therefore, the whole network is secured by Ethereum’s proof-of-stake (PoS) consensus mechanism. The Gnosis platform has a series of smart contracts that are deployed on Ethereum and regularly audited. Many people usually ask where they can trade GNO safely. The answer is that this token is listed on several crypto platforms like Kraken, Bitfinex, Binance, Coinbase, Uniswap, and many more.
You can try any one of them which has low transaction fees and ultimate security protocols. The multifaceted role of GNO as a governance, staking and index token sets its position as the key player of the Gnosis ecosystem. Overall, this is a coin which has the potential to become a key player in the crypto market. Investors should add this coin to their portfolio and get benefits of this token.
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of Gnosis, Our analysis, guided by the machine learning experts, yields forecasts for Gnosis price trajectory up to 2024. With a comprehensive understanding of Gnosis historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 1 and an error value of 0.52%.
For the year 2024, our analysis indicates a projected yearly low of $336.81, with the high anticipated to reach $481.45. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-09-15 | 311.46 | 318.01 | 327.68 | 2.16 |
| 2024-09-16 | 318.17 | 328.31 | 337.85 | 3.29 |
| 2024-09-17 | 328.52 | 335.43 | 345.28 | 5.56 |
| 2024-09-18 | 335.75 | 346.44 | 356.3 | 7.88 |
| 2024-09-19 | 328.9 | 335.82 | 346.03 | 7.88 |
| 2024-09-20 | 332.32 | 339.24 | 346.03 | 7.88 |
| 2024-09-21 | 339.63 | 350.45 | 360.64 | 10.25 |
| 2024-09-22 | 343.53 | 350.76 | 361.42 | 12.68 |
| 2024-09-23 | 350.68 | 354.29 | 361.42 | 12.68 |
| 2024-09-24 | 339.75 | 350.69 | 364.52 | 11.44 |
| 2024-09-25 | 343.29 | 354.33 | 368.06 | 11.44 |
| 2024-09-26 | 346.83 | 357.87 | 368.06 | 11.44 |
| 2024-09-27 | 336.01 | 346.83 | 360.51 | 10.22 |
| 2024-09-28 | 332.31 | 339.3 | 349.62 | 9.00 |
| 2024-09-29 | 339.47 | 346.54 | 353.47 | 10.20 |
| 2024-09-30 | 350.51 | 361.67 | 371.97 | 12.63 |
| 2024-10-01 | 343.12 | 350.34 | 360.81 | 11.39 |
| 2024-10-02 | 346.66 | 353.95 | 364.35 | 11.39 |
| 2024-10-03 | 347.05 | 362.09 | 375.98 | 13.84 |
| 2024-10-04 | 350.67 | 361.84 | 372.36 | 13.84 |
| 2024-10-05 | 343.24 | 350.46 | 361.11 | 12.59 |
| 2024-10-06 | 346.53 | 353.74 | 360.68 | 11.35 |
| 2024-10-07 | 350.54 | 357.91 | 368.61 | 13.80 |
| 2024-10-08 | 358.05 | 365.5 | 372.67 | 15.05 |
| 2024-10-09 | 362.2 | 369.82 | 380.87 | 17.58 |
| 2024-10-10 | 362.41 | 373.96 | 385.06 | 18.87 |
| 2024-10-11 | 362.15 | 373.69 | 384.55 | 17.57 |
| 2024-10-12 | 373.94 | 385.84 | 396.83 | 20.15 |
Gnosis Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,Gnosis is forecasted to achieve its peak value in 2025 at approximately $667.04, while potentially dipping to a low of $386.03. The average trading value during this period is projected to hover around $604.15.Gnosis Price Prediction 2026
In 2026, Gnosis is anticipated to potentially reach its peak value of $900.57, with a possible lower value of $518.69. The average trading value for this period is estimated to be approximately $800.54.Gnosis Price Prediction 2027
As we look ahead to 2027, the trajectory of the Gnosis coin may offer investors unexpected turns. Projections suggest peaks hitting $1,381.01 and lows stabilizing around $686.47, with an average trading value resting near $1,261.65.Gnosis Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the Gnosis coin. Projections point towards a maximum value of $2,127.17, a minimum of $1,134.05, and an average value of approximately $1,953.13.Gnosis Price Prediction 2029
Our market analysis indicates optimistic prospects for the Gnosis crypto in 2029, with projected peaks at $3,346.47 and floors at $1,733.81. Moreover, the average trading value of this coin is anticipated to hover around $2,943.99.Gnosis Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the Gnosis token. Projections indicate highs near $5,000.74, potential lows around $2,598.88, with an average value of about $4,450.65.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $155.95 by the Sep 15, 2024. The Relative Strength Index (RSI) stands at 0.8352, indicating a Fall market stance. Overall, while the long-term forecast is Sell.
About gno
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Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Sell
The Gnosis is predicted to surge by 8.73% to $335.43 by Sep 17, 2024, though current indicators show a Bearish sentiment with 13 out of 30(43%) green days and a notable -9.39% price volatility over the past month.
