Gnosis Price Hits $162.02 on Major Exchanges (GNO)

Gnosis (GNO) traded 4.2% lower against the dollar during the 24-hour period ending at 15:00 PM Eastern on August 9th. Gnosis has a market capitalization of $417.93 million and approximately $8.83 million worth of Gnosis was traded on exchanges in the last 24 hours. Over the last week, Gnosis has traded 2.9% higher against the dollar. One Gnosis coin can currently be purchased for about $162.02 or 0.00702656 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded down 3.7% against the dollar and now trades at $23,057.54 or 1.00000000 BTC.
  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00004340 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00004336 BTC.
  • Polygon (MATIC) traded down 4.1% against the dollar and now trades at $0.89 or 0.00003839 BTC.
  • Mammoth (MMT) traded down 0% against the dollar and now trades at $1.00 or 0.00004332 BTC.
  • yOUcash (YOUC) traded 0% higher against the dollar and now trades at $0.51 or 0.00002218 BTC.
  • Chainlink (LINK) traded up 1.7% against the dollar and now trades at $8.70 or 0.00037727 BTC.
  • FTX Token (FTT) traded down 6.1% against the dollar and now trades at $29.70 or 0.00128829 BTC.
  • Geegoopuzzle (GGP) traded 10.4% lower against the dollar and now trades at $14.79 or 0.00064153 BTC.

About Gnosis

GNO is a coin. Its launch date was April 18th, 2017. Gnosis’ total supply is 3,000,000 coins and its circulating supply is 2,579,588 coins. The official website for Gnosis is gnosis.io. The Reddit community for Gnosis is /r/gnosisPM and the currency’s Github account can be viewed here. Gnosis’ official Twitter account is @gnosisPM and its Facebook page is accessible here. Gnosis’ official message board is medium.com/gnosis-pm.

According to CryptoCompare, “

GnosisDAO builds decentralized infrastructure for the Ethereum ecosystem.

In late 2020, Gnosis announced plans to fully decentralize into a DAO (Decentralized Autonomous Organization). Today, the GnosisDAO treasury has effective control of over 150K ETH and 8 Million GNO tokens, with the GNO tokens vested over 8 years. 

A year later, in 2021, the xDai and GnosisDAO communities voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering. Gnosis Chain is the associated execution-layer EVM chain for stable transactions. It uses the xDai token and includes a wide-ranging group of projects and users.

The Gnosis mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity.

As a DAO, Gnosis uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem.

Gnosis Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, and Zodiac (standard and tooling for composable DAOs) are all products incubated by Gnosis. Their success is demonstrated by the recent spin-out of Cow Protocol and the formation of SafeDAO. By combining needs-driven development with deep technical expertise, Gnosis has built the decentralized infrastructure for the Ethereum ecosystem.

Buying and Selling Gnosis

It is usually not currently possible to purchase alternative cryptocurrencies such as Gnosis directly using U.S. dollars. Investors seeking to acquire Gnosis should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Gnosis using one of the exchanges listed above.

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