GO Crypto
| GO Crypto | USD 0 0.000016 0.33% |
Performance2 of 100
| Risk Of DevaluationLess than 43
|
GO is trading at 0.004919 as of the 18th of April 2024, a 0.33 percent up since the beginning of the trading day. GO has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for GO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
GO is peer-to-peer digital currency powered by the Blockchain technology. More on GO
Moving together with GO Crypto Coin
| 0.73 | BTC | Bitcoin | PairCorr |
| 0.76 | SOL | Solana | PairCorr |
| 0.69 | XRP | XRP | PairCorr |
| 0.68 | STETH | Staked Ether | PairCorr |
GO is an online market maker for P2P digital cash denominated as Cryptocurrency. GO has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as GO are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as GO are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
GO Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. GO's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding GO or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
GO is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. GoChain is a blockchain network founded in 2017 with a focus on solving the scaling problem while adopting an enterprise-oriented approach. The network uses the GO token for transaction fees, and the GOST protocol allows for secure cross-chain confirmations between the GoChain and Ethereum blockchains. This enables the transfer of ERC20 and GO20 tokens across the two networks. | |
| Symbol | GO |
| Rating | D+ |
| Technology Adoption Rating | D+ |
| Market Performance Rating | D- |
| Name | GO |
| Proof Type | PoW |
| Sponsored | false |
| Asset Whitepaper Url | View |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2018-05-16 |
| Full Name | GoChain (GO) |
| Asset Website Url | https://gochain.io/ |
| Asset Token Status | Finished |
| Block Number | 37.38 Million |
| Platform Type | blockchain |
| Coin Name | GoChain |
| Total Coins Mined | 1.26 Billion |
GO (GO) is traded on CRYPTO Exchanges. GO is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Nano-Cap' category with a current market capitalization of 53.05 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GO's market, we take the total number of its shares issued and multiply it by GO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
GO's Exchanges and Markets
GO Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. GO market risk premium is the additional return an investor will receive from holding GO long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GO's alpha and beta are two of the key measurements used to evaluate GO's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.64 | |||
| Semi Deviation | 7.01 | |||
| Standard Deviation | 7.87 | |||
| Variance | 61.93 |
GO Technical Analysis
When it comes to investing in cryptocurrency, such as GO, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of GO, which is currently traded at 0.004919, shows everything you need to know about GO market value. You don't have to consider the fundamental factors that affect a crypto asset, such as GO, to determine its price movements. However, the GO's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so GO's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project GO's future price trendTransformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. GO Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe GO price patterns.
GO Against Markets
Picking the right benchmark for GO crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GO crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GO is critical whether you are bullish or bearish towards GO at a given time. Please also check how GO's historical prices are related to one of the top price index indicators.
Be your own crypto manager
Our tools can tell you how much better you can do entering a position in GO without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
How to invest in GO
You need to understand the risk of getting into digital currencies such as GO before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in GO in four ways:Buy GO through an exchange
Get yourself a crypto wallet before embarking on your GO journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase GO. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.Purchase fractions of GO through an exchange
You don't have to buy a full token when starting out since GO is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.Trade GO through a broker
If you don't want to store your GO Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.Invest in GO through an exchange-traded fund (ETF)
You can also invest in GO through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.Investing Ideas
In addition to having GO in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the GO information on this page should be used as a complementary analysis to other GO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.