Gocryptome price prediction: What is gocryptome (GCME)?
It aims to bring crowdfunding to the blockchain, but what is gocryptome (GCME)? Let’s see what we can find out GCME – which is based on the Ethereum (ETH) blockchain – and examine some of the gocryptome price predictions that were being made as of 13 December 2022.
ETH/USD price chart
Gocryptome explained
One of the biggest growing sectors when it comes to the online world is that of crowdfunding. The idea that those taking part in creative endeavours or looking to raise money for good causes can make use of the reach of the world wide web to generate cash is a well-established at the time of writing.
But like all apparently obvious ideas, getting to the stage where it feels natural to make donations online has taken a lot of work – and many different platforms have had their time in the sun while others have fallen by the wayside.
However, if put together the concept of money and the internet as epitomised by the world of crypto, then you just might be onto something. After all, the whole concept of cryptocurrency is that it is, at its most basic, a form of money that can be raised and spent online.
So, if there was a way to utilise the modernity of cryptocurrency with the power of the internet when it comes to fundraising, could that potentially be something that might make a difference?
GoCryptoMe is a platform that purports to solve this particular problem. As the system’s whitepaper says: “In a world where The Man is in charge, we are creating a platform that is powered by the people for the people.
GoCryptoMe uses the blockchain to create a space on the internet where people can raise funds in crypto and is designed to work across a variety of separate blockchains.
Every blockchain-based network needs to have its own native crypto, and GoCryptoMe has the aptly-named gocryptome token – also known by its ticker handle of GCME. GCME is used to give holders the chance to vote on which campaigns are accepted onto the platform, while the token can also be staked in return for rewards.
It is also worth noting at this stage that, because GCME is based on the Ethereum (ETH) blockchain, it is a token, rather than a coin. So, while you might see references to such things as a gocryptome coin price prediction, such references are, strictly speaking, incorrect.
Gocryptome price history
GCME price history from launch to present – Credit: CoinMarketCapLet’s now cast our eyes over the GCME price history. While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can help give us some much-needed context when it comes to either examining a gocryptome price prediction or making one of our own.
When GCME first came onto the open market in early 2022, it opened at about $0.02587 on 24 February. Not long after it was launched, though, it experienced a significant price boost and it reached an all-time high of $0.2597 on 28 February.
Although it fell down a little after that, it still enjoyed positive prices in March, before it dropped to below $0.10 by the end of that month.
Any hopes of a recovery to previous heights was pretty much nixed in May, when the depegging of the UST stablecoin and the collapse of the associated LUNA cryptocurrency caused a market crash and GCME dropped to $0.005994 on 13 May.
Things got even worse in June, as the news that the Celsius Network (CEL) crypto lending platform had cancelled withdrawals confirmed a bear market and gocryptome continued to drop, seemingly unable to get out of a trap and sinking to an all time low of $0.002913 on 20 August.
There was some recovery to a high of $0.05251 on 25 August before it dropped again, falling below $0.01 in October. Oddly, the collapse of the FTX (FTT) exchange did not seem to have that much of an impact on the GCME price, although, having sunk to a periodic low of $0.003547 on 21 November, it recovered to around $0.005575 on 13 December 2022.
At that time, there were a self-reported 81,696,175 GCME in circulation out of a total supply of 100 million. If this figure were accurate, GCME would have a market cap of around $541,699 which would, at least in theory, make it the 1,550th largest crypto by that metric.
Gocryptome price prediction round-up
With that all said and done, let’s take a look at some of the gocryptome price predictions that were being made as of 13 December 2022.
It is important to remember that price forecasts, especially for something as potentially volatile as cryptocurrency, very often turn out to be wrong. And, it is worth noting that many long-term crypto price predictions are made using an algorithm, which means that they can change at a moment’s notice.
First, CoinCodex had a short-term GCME price prediction that suggested that the crypto was in for a tough time over the next month or so. It suggested the token could fall to $0.005041 by 18 December before recovering to $0.005477 by 12 January 2023. The site’s technical analysis was, despite the potential pessimism of the predictions, neutral, with 16 indicators making bullish signals against nine sending out bearish ones.
Next, CoinArbitrageBot gave a gocryptome token price prediction that indicated that the crypto could jump to reach $0.042547 at some point next year and $0.075726 in 2024. The site made a gocryptome price prediction for 2025 that the coin could trade at $0.12252 before it rose to $0.19824 in 2026. How seriously you take this particular set of forecasts will depend on whether, having made sure to do your own research, you believe that GCME can rise by more than 500% over the course of the next 12 months or so and by around 3,000% in the next four years.
Meanwhile, DigitalCoinPrice had a gocryptome crypto price prediction that outlined GCME could be worth $0.00741 this year, $0.0155 next year and $0.0213 the year after that. By 2025, the site said, the token could trade at $0.0273 that year and the next before hitting $0.0346 in 2027 and $0.0467 in 2028 before it could close the decade at around $0.0647. The site then went on to make a gocryptome price prediction for 2030 that suggested GCME could reach $0.0903 in 2030 before it went on to predict it could break the 10 cent barrier to stand at a $0.12 in 2031.
Finally, WalletInvestor offered a rather despondent gocryptome price prediction for 2023. It suggested the token was in for a rather tough time over the coming 12 months and that GCME could collapse to be worth a mere $0.000338 on 13 December next year.
When considering a GCME token price prediction, it’s important to keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or token’s price will be in a few hours, and even harder to give long-term estimates. As such, analysts and algorithm-based forecasters can and do get their predictions wrong.
If you are considering investing in cryptocurrency coins and tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns. And never trade with money that you cannot afford to lose.
FAQs
Is gocryptome a good investment?
It is hard to say. A lot will depend on how the market performs as a whole going forwards.
Remember, you should always carry out your own thorough research before making an investment into any coin or token. Even high market cap cryptocurrencies can be affected by bear markets. So investors should be prepared to make losses and never purchase more than they can afford to lose.
Will gocryptome go up or down?
No one can really tell for certain right now. Indeed, while CoinArbitrageBot was optimistic in its gocryptome price forecasts indicating it could achieve $0.042547 by 2023, WalletInvestor was more downbeat and bearish in its assessment of a future GCME suggesting it could only achieve $0.000338 in a years’ time. It is important to recognise that price predictions turn out to be wrong and that prices can, and do, go down as well as up.
In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether GCME is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. Keep in mind that past performance is no guarantee of future returns. And never invest money that you cannot afford to lose.
Should I invest in gocryptome?
Before you decide whether or not to invest in gocryptome, you will have to carry out your own research, not only on GCME but on other fundraising-related coins and tokens.
Ultimately, though, this is a question that you will have to answer for yourself. Before you do so, however, you will need to conduct your own research and never invest more money than you can afford to lose because prices can go down as well as up.
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