Token of the Day : (Gnosis)
Today highlights the Token Gnosis, which in the last month has lost 32% of its value, up to $ 159
Since the beginning of May, Gnosis cryptocurrency has been listed, a platform that allows the creation of decentralized predictive markets, for sports, electoral results and any other event in which to anticipate.
On June 30 Gnosis scored its highest value at US $ 353, then started its steady decline.
In my opinion I see Gnosis as a high-risk investment, but with great potential in the short and medium term.
In the chart below you can see the interesting support that has been formed around the US $ 150, value that can be used for an opportunity purchase
The suggested strategy could be to buy at the current level of US $ 160, placing a stop loss at US $ 130, well below key support. The objectives to look for would be $ 180 and $ 200 respectively.
Gnosis ranks 41 in market capitalization, with a circulation of just over 1.1 million Tokens, and a total issuance of 10 million is expected.
Gnosis can be found under the abbreviation GNO.
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Great discussion point. I was about to post a similair thread. The crypto market: High risk high gains!. That doesn't mean that a gain is guaranteed though. There's simply no guarantee in anything in life and especially not in a high risk market. Does anyone know about: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. It's a great site that gives in depth research on every tradable cryto in the market.