GoCoin is the native utility cryptocurrency of GoChain, a blockchain-based payment protocol that enables merchants to accept payments in Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE) at the checkout.
This article will take a deep dive into the GoChain network, helping you understand what it is and how it works. We shall also learn the use case of GoCoin (GO), make price predictions for the token going into 2030, and list exchanges where it can be traded, before determining whether it is a credible cryptocurrency investment.
So, let’s get started.
What is the GoChain (GO)?
GoChain is an open-source solution based on the Bitcoin network that functions as an international payment platform for merchants to accept cryptocurrencies like BTC, LTC, and DOGE as payment.
With innovative combinations and new marketing approaches, GoChain is expected to smoothen the online shopping experience and create new sources of passive income for all stakeholders.
How Does GoChain Work?
GoChain’s application interface programs (APIs) can be integrated into incorporated and unincorporated businesses in the US. The blockchain’s proprietary back-end system optimizes the exchange of cryptocurrencies into cash behind the scenes. Thereby reducing the volatility and security risks associated with crypto-fiat exchanges.
GoCoin’s payment processor can facilitate the settlement of payments within a timeframe of two days. Moreover, to integrate the payment protocol into their systems, merchants have to provide their government-issued photo ID and business license or social security card in case the business is unincorporated.
What is the GoCoin (GO)?
GO is the native cryptocurrency of the GoChain network. It aims to provide an alternative global currency based on BTC for shopping online. The utility token can be used to pay for services or products offered by vendors from sectors such as travel, hotels, beauty, sports, education, electronics, fashion, jewelry, automobiles, health products, etc.
GO leverages Binance Smart Chain (BSC) smart contracts to achieve low-cost and ultra-fast transactions.
GoCoin has an infinite supply of tokens, out of which, 1.258 billion GO are currently in circulation. The cryptocurrency has a market capitalization of $5.121 million and achieved a 24-hour trading volume of $171,932.
GoCoin (GO) Price Prediction: 2024, 2025- 2030
At the time of writing, GO is trading at $0.004034 – up 2.3% over the last 24 hours. Based on its current valuation, we have made projections on the minimum, average, and maximum expected prices at which GoCoin will change hands between 2024 and 2030.
YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
2024 | $0.00379 | $0.00444 | $0.00509 |
2025 | $0.0094 | $0.0097 | $0.0112 |
2026 | $0.0140 | $0.0144 | $0.0166 |
2027 | $0.0208 | $0.0213 | $0.0247 |
2028 | $0.0288 | $0.0298 | $0.0363 |
2029 | $0.0415 | $0.0429 | $0.0495 |
2030 | $0.0597 | $0.0618 | $0.0718 |
Where Can You Buy GoCoin (GO) From?
GoCoin (GO) can be purchased from the following cryptocurrency exchanges:
Is GoCoin (GO) a Credible Cryptocurrency Investment?
GoChain is an innovative cryptocurrency project that aims to streamline the online shopping experience using a global digital currency. GoCoin, as it is called, enables merchants from all over the world to accept payments from customers in Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE), which is then converted into their respective fiat currencies.
Currently, the blockchain based on the Bitcoin network is making use of its functionality in the US, with efforts to onboard businesses from other parts of the world in progress. The GO token is showcasing rather a mellow price performance going into 2030, indicating a lack of adoption among users.
All things considered, I would recommend GoChain’s GO cryptocurrency as an investment due to the solution it aims to provide for e-commerce. However, as is the case with every cryptocurrency, GO is also prone to extreme price fluctuations. Therefore, you must thoroughly research before making any investment decision regarding GoChain and GoCoin.
More Articles: Adventure Gold(AGLD) Price Prediction 2024-2030, Where To Buy, Is It A Good Investment?