It’s true that Golem was a great disappointment for investors in 2019. GNT price went down from $0.066062 on January 1st 2019 to $0.031035 on December 31 2019. However, it is worth monitoring our Golem price prediction algorithm: Golem might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, GNT might be the coin to watch closely now.
The current Golem price is $0.063560, its circulating supply is 980 050 000 GNT. Our algorithm predicts that based on historical data Golem price will be at $0.090547 in 1 week and $0.097247 in 1 month. Our deep learning algorithm predicts the GNT price will be at $0.070213 in 6 months. Analysis of the cryptocurrency market shows that Golem price may reach $0.033627 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that GNT will stay around $0.030570 in 2021, $0.033627 in 2022, $0.036990 in 2023, $0.040689 in 2024 and $0.044757 in 2025.
While creating the Golem prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.070213 and lowest possible predicted price is $0.068852.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Golem has the potential to stay within "survivors" team. Our Golem short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Golem Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Golem forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Golem (GNT)?
The current price of Golem is $0.063560.
What is the current market capitalization of Golem (GNT)?
The current market capitalization of Golem is $62 292 194.
What will be the price of Golem (GNT) Tomorrow?
Our algorithm forecasts that the price of Golem will reach $0.061289 tomorrow.
In 1 year from now what will 1 Golem be worth?
As per the forecast and algorithmic analysis, the the price of 1 Golem will be around $0.030570.
Is it profitable to invest in Golem (GNT)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Golem (GNT) as a short term investment. Golem can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Golem be growing in the Future?
Golem is potentially one of the most profitable among digital coins.
How high can the Price of Golem go?
Our algorithm forecasts that the price of Golem will reach $0.044757 by 2023.
Is Golem (GNT) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Golem now.
Golem still finds itself in the downtrend, though it had a brief but strong price spike in the first days of December which took the price to $0.062. Luckily for me, I was at my trading desk at that moment and managed to sell half of my GNT holdings for a decent profit - I bought the coin when the price was around $0.049. I regret not selling it all because Golem is most likely to continue the trip to the downside.
The project behind Golem has very good fundamentals with its decentralized marketplace for computing power, and the coin has a small but sustainable market capitalization of $50 million-plus. So, I think that GNT will do fine in the near future, but no one should expect any fireworks from this coin. It has been tailored for one cryptocurrency exchange - CoinEX - that puts up good volumes, but otherwise, Golem is meant for the "buy & hold" strategy. It will show good gains at some point in the future, though this future might be quite distant.
I check in now and again to see how the GNT community is holding up. It seems like a ghost town to be honest. I don’t see the enthusiasm that everyone shared in early 2017 when GNT was first being talked about. It’s an interesting concept but I wonder if the bear market did permanent damage to how everyone in the crypto community views GNT and its team members. I mean who really believes that GNT will have the upper hand against Amazon in the next ten years? Amazon is just getting started with its cloud computing services, and it’s even entered the fray of blockchain, so I doubt we’ll ever see GNT as a actual competitor to Amazon. The best we can hope for is a partnership.
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