This article centers around a thorough assessment of CGPT coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is ChainGPT (CGPT) Coin?
ChainGuardian Token (CGT) is the native token of ChainGuardian, a blockchain-based gaming platform that allows players to earn rewards for their gameplay. The CGT token can be used in several ways on the platform, such as:
1.Game currency : CGT can be used as an in-game currency to purchase items or upgrades within certain games hosted on the ChainGuardian platform .
2Staking and governance : Holders of CGT tokens may also have the ability to participate in staking programs or vote on governance decisions related to the ChainGuardian ecosystem.
3. Rewards and incentives : Finally, playing games through ChainGuardian can allow users to earn additional CGT tokens as rewards or incentives for completing specific tasks or meeting certain milestones.
As with any cryptocurrency investment, it’s important for individuals interested in purchasing CGT tokens to do their own research and consider factors such as market demand and potential risks before investing any funds into this digital asset.
If you want to know more about the ChainGPTCoin(CGPT) coin , you can visit its website.
Projects:
ChainGuardian Token (CGT) has several projects and use cases, some of which include:
1Blockchain-based gaming platform : ChainGuardian is a blockchain-based gaming platform that allows players to earn rewards for their gameplay. The platform aims to create a more fair and transparent ecosystem for gamers by leveraging the security and immutability of blockchain technology.
2. In-game currency : CGT can be used as an in-game currency within certain games hosted on the ChainGuardian platform, allowing players to purchase items or upgrades with their earned tokens.
3. Staking and governance : Holders of CGT tokens may have the ability to participate in staking programs or vote on governance decisions related to the ChainGuardian ecosystem.
4. Rewards and incentives: Playing games through ChainGuardian can allow users to earn additional CGT tokens as rewards or incentives for completing specific tasks or meeting certain milestones.
5. NFT Marketplace : Recently, Chainguardians announced plans launch its own NFT marketplace where users will be able trade rare digital assets using cryptocurrencies including CGT token
It’s worth noting that these are just a few examples of potential use cases for the CGT token – as with any cryptocurrency project, there is no guarantee that these initiatives will be successful or widely adopted. As always, individuals interested in investing in cryptocurrencies should conduct thorough research before putting any funds into this digital asset
Factors affecting price:
There are several factors that can influence the price of a cryptocurrency. These include:
1Market demand : The most obvious factor is market demand – if more people want to buy a particular cryptocurrency than sell it, then the price will likely go up as buyers compete for limited supply.
2. Adoption and use cases : The adoption and use cases of a particular cryptocurrency can also have an impact on its value. For example, if more merchants begin accepting payments in a specific digital asset like Bitcoin or Ethereum , this increased utility could drive up demand for the token.
3. Network security and scalability : The security and scalability of a blockchain network underlying a digital asset may also play role in determining its value over time
4. Competition from other cryptocurrencies: Finally competition from other cryptocurrencies could also affect the prices of existing ones since investors might switch their funds over leading to decreased demand for one currency which ultimately affects its price negatively.
It’s important to keep in mind that these are just some examples of potential factors that could influence the value of any given cryptocurrency – investing always carries risk and no guarantees about future performance should be assumed based on past trends alone
Where can I buy ChainGPTCoin(CGPT)?
Exchange Pair Volume
ChainGPTCoin(CGPT) Baseline Assessment :
The market cap of the ChainGPTCoin(CGPT) coin is $ 85.667.018 and its circulating supply is 1.000.000.000 units. Its total supply is 100.000.000 units, with a fully diluted valuation of $ 96.311.943 .
What is the high price point for ChainGPTCoin (CGPT)?
ChainGPTCoin(CGPT) token highest price is $ 0.2958 recorded on Apr 29, 2023 . The current price is %-67.39 lower than the all-time high .
What is the low point of the price for ChainGPTCoin (CGPT)?
ChainGPTCoin(CGPT) token’s lowest price was $ 0.07253 on Jun 15 , 2023 .
ChainGPTCoin(CGPT) Technical Outlook:
The decline, which started at $ 0.1480 on March 17, 2023, has found support at $ 0.008285. With the recent purchases on the market, the GPT coin, which has risen to the upper band of the channel of $ 0.01326, must be carefully traded as long as the volume does not break the falling track and the fibo does not exceed the 0.618 level of $ 0.01825. Bulls will want to see closes above $0.01825 to be able to tell that the market structure has changed and the downtrend is over. Unless the upper band is broken volume, a pullback to $0.0050 can be expected. Fibo levels should be followed as resistance in possible rises.
Our sequential support points are $0.010330 and $0.0050 resistance points: $0.018254, $0.0272, $0.04060 , $0.06657 .
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .