GM and GN Coins: Volatility Expected In Next Few Weeks

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GMCOIN, a token launched in November, is built on the TRON blockchain. This token comes from GM Informatics and supports the company’s aim to popularize blockchain in businesses. It is the first company in the world to use a token for businesses to gain access to a decentralized economy. That means all workflows will run on automation backed by the blockchain technology.

GMCOIN is now trending in the crypto market and is increasing in value. It has passed its predicted resistance levels and has attracted the interest of many investor’s. 

Let’s explore more on what is yet to come. 

Recent Volatility

At the time of writing, GMCOIN is trading at $0.598563, with an increase of 3.8% in value in the past 24 hours, as per CoinGecko. The price increased several times during the previous day and went over the resistance level.

On November 14, GMCOIN was trading at $0.573559 at around 00:35 GMT. The price kept fluctuating on a small level for several hours. By 18:40 GMT, the price of GMCOIN stood at $0.579135. The trading volume at this time was $795,921.

This price of GMCOIN was able to cross all the predictions. It broke the resistance level and again surged in value in the early hours of November 15.

The trends show volatility of price and indicate more ups and downs. The token is still new, so it is not possible to rely on any historical data. We will have to keep our eyes on the price chart to see if the token breaks resistance levels again.

GM Crypto Prospects

GMCOIN’s current trading volume is $1,221,636 and it’s 24 hour high is $0.574157 . GMCOIN’s all-time high is $0.805062  and occurred on November 1. However, its all-time low was on November 5.

GMCOIN may perform well based on its growing popularity; it is now the sponsor of teams like Brazil in Fifa 22, available on XBOX and PS4. It is also joining hands with ProClubs E-Sport Leagues to boost the E-Sport industry. 

https://twitter.com/lessin/status/1457736507263836167?s=20
https://twitter.com/hyperion1339/status/1457760124479623170?s=20

GM token’s value is increasing by the day. During the first month of this year, GM was growing in popularity and seems to be gaining more popularity across exchanges by the day.

GN Crypto Prospects

The GN coin price at the moment is $0.00001184, which is 8.5% down on yesterday’s price. However, the price has risen and fallen multiple times over the last 24 hours. It also reached $0.00002586, which is way above the resistance levels.

The GN token was created to support people who missed out on GMCOIN. They can now purchase GN and make up for the loss. The token now seems to have potential and is slowly gaining popularity. 

Though the GM and the GN tokens may be volatile, both may display an upward trend in the near future. If all the predictions are near accurate, holding them for a while could have good returns in the long run. 

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Disclaimer: The views expressed in The Coin Times are solely those of the authors cited. It does not constitute The Coin Times recommendation to buy, sell, or hold any investment. Before making any financial decisions, it is recommended that you undertake your own research. Use the information supplied at your own risk. For additional information, please see the Disclaimer.

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