What is GNY (GNY)? Secure & Scalable Blockchain

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Bittime  - The world of cryptocurrency continues to grow rapidly, with new projects appearing all the time. One project that is attracting attention is GNY (GNY), a blockchain platform designed to bridge the digital and physical worlds.

GNY offers a variety of products and features that appeal to dApps users and developers, including a secure and scalable blockchain, digital wallet, DEX, and marketplace.

What is GNY (GNY)?

GNY (GNY) is the native cryptocurrency of the GNY platform, a blockchain platform designed to bridge the digital and physical worlds. The GNY platform allows users to create, manage and trade digital assets in a secure and efficient manner.

GNY (GNY) Key Products & Features

• GNY Blockchain: A secure and scalable public blockchain designed to support a variety of decentralized applications (dApps).
• GNY Wallet: A digital wallet that allows users to store, send, and receive GNY and other digital assets.
• GNY DEX: Decentralized exchange (DEX) that allows users to trade digital assets peer-to-peer without intermediaries.
• GNY Marketplace: A marketplace for digital assets, including NFTs, security tokens, and utility tokens.

Also read: What is Solidus AI Tech (AITECH)? Integrating AI and Blockchain for the Future

What is GNY Token?

GNY token is the native utility token of the GNY platform. GNY tokens are used for:

• Pay transaction fees on GNY Blockchain.
• Participate in the governance of the GNY platform.
• Gain access to premium features and services on the GNY platform.

GNY Token Tokenomics

• Total Supply: 400,000,000 GNY
• Circulating Supply: 192,376,657 GNY
• Market Cap: $5,515,265 USD (as of February 27, 2024)

Also Read How to Buy Crypto:

GNY (GNY) Fundamental Analysis

• Technology: GNY Blockchain uses Proof-of-Stake (PoS) technology which is energy efficient and scalable.
• Team: The GNY team consists of experienced professionals in the fields of blockchain and financial technology.
• Community: GNY has a fast-growing community with over 100,000 members across various social media platforms.

Comparison of GNY (GNY) & Competitors

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GNY (GNY) Price Prediction 2024

Accurately predicting cryptocurrency prices is difficult due to the volatile and dynamic nature of the market.

However, based on historical data analysis, current market trends, and GNY project developments, here are some GNY (GNY) price predictions for 2024:

Optimistic Scenario

• If GNY succeeds in achieving its roadmap target and achieves widespread adoption, the price of GNY could reach IDR 4,000 - IDR 5,000 per GNY by the end of 2024.
• Factors that can encourage an increase in GNY prices include:
  • Launch of new products and features on the GNY platform
  • Increasing number of dApps users and developers on GNY
  • Strategic partnerships with other companies
  • Overall positive cryptocurrency market sentiment

Neutral Scenario

• If GNY only partially achieves its roadmap targets and market adoption is moderate, the GNY price could reach IDR 2,500 - IDR 3,500 per GNY by the end of 2024.
• Factors that can cause moderate GNY price movements include:
  • Intense competition in the cryptocurrency market
  • Regulatory uncertainty in various countries
  • Cryptocurrency market volatility

Pessimistic Scenario

• If GNY fails to achieve its roadmap target and experiences obstacles in its development, the price of GNY could fall to IDR 1,500 - IDR 2,000 per GNY by the end of 2024.
• Factors that can cause a decline in GNY prices include:
  • Failure to achieve roadmap targets
  • Intense competition from other blockchain platforms
  • Negative cryptocurrency market sentiment

It's important to remember

• These predictions are only estimates and cannot be used as a guarantee.

Conclusion

GNY (GNY) is a cryptocurrency that has great potential for growth in the future. The GNY platform offers a variety of products and features that appeal to dApps users and developers. GNY's experienced team and thriving community are also positive factors for GNY's (GNY) future.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.