#MarketTurbulence Alright! Let's continue then. I will provide you with a deeper analysis of GNO in terms of its technical aspects, fundamentals, and its uses in the ecosystem:
1️⃣ Fundamental analysis of Gnosis (GNO)
Purpose of the token:
GNO is not just a digital token, but a means of participating in the governance of the Gnosis platform. This means that its holders can vote on network decisions and protocol development.
Key features:
Decentralized governance via GnosisDAO
Participation in the security mechanism of the Beacon Chain
Support for DeFi projects within the ecosystem
Supply and trading:
Maximum supply: 3 million GNO
Current circulating supply: approximately 2.64 million GNO
Market capitalization: about 374 million dollars
2️⃣ Technical analysis
Current support level: ~136–140 dollars
Potential resistance levels: 222 dollars, 265 dollars
Future movement scenarios:
If the price maintains the support level: gradual rise towards 222–265 dollars
If it breaks the support level: it may decrease to ~85 dollars
Note: GNO is a volatile currency, so it is essential to monitor the market continuously before making any investment decisions.
3️⃣ Future predictions
Medium-term (2025): 222–360 dollars in a strong bullish scenario
Long-term (2030): 500–750 dollars if growth in the Gnosis ecosystem and DeFi continues in general
4️⃣ Practical uses
Works on the Beacon Chain: supports over 200,000 validators, with fast block time (~5 seconds)