Goldcoin (GLC) FAQ

Question 1

What determines the price movement of Goldcoin (GLC)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Goldcoin.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Goldcoin, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Goldcoin. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Goldcoin on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Goldcoin. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Goldcoin and the broader cryptocurrency market.

Question 2

What is the highest price of Goldcoin price in history?

Accepted Answer

Goldcoin achieved the all-time high of 0.773829 in 2021-04-14, and is currently trading at 0.00687877.

Question 3

What is the lowest price of Goldcoin price in history?

Accepted Answer

Goldcoin reached its all-time low of  0.00034059 on 2021-12-02.

Question 4

What is the current market cap of Goldcoin?

Accepted Answer

The current market cap of Goldcoin is  7886743.94457306, as 1146534037.999971 GLC is trading at the price of 0.00687877.

Question 5

How many Goldcoin are there in the market?

Accepted Answer

There are currently 1146534037.999971 GLC circulating in the market. These Goldcoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Goldcoin?

Accepted Answer

The maximum supply of GLC is 72245700 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Goldcoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Goldcoin is 7886702.98149771051567. The FDV is calculated taking the assumption that all supply of Goldcoin is circulation, multiplied by its current price of  0.00687877.

Question 8

What is the price prediction of Goldcoin ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Goldcoin price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Goldcoin a good investment?

Accepted Answer

Goldcoin offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Goldcoin and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Goldcoin.

Question 10

How to buy Goldcoin?

Accepted Answer

You can buy Goldcoin via Gate by following the steps on <0>how to buy GLC once you have funded your account.

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