Gnosis Reaches Market Capitalization of $421.87 Million (GNO)

Gnosis (GNO) traded 2% higher against the dollar during the 1 day period ending at 15:00 PM E.T. on August 6th. Gnosis has a total market capitalization of $421.87 million and $4.57 million worth of Gnosis was traded on exchanges in the last 24 hours. During the last seven days, Gnosis has traded 0.6% lower against the dollar. One Gnosis coin can now be bought for approximately $163.54 or 0.00705304 BTC on major cryptocurrency exchanges.

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

  • BITCOIN ADDITIONAL (BTCA) traded up 1.2% against the dollar and now trades at $23,187.34 or 1.00000000 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00004313 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded up 0% against the dollar and now trades at $1.00 or 0.00004312 BTC.
  • Polygon (MATIC) traded 1.5% higher against the dollar and now trades at $0.92 or 0.00003957 BTC.
  • Mammoth (MMT) traded down 0.1% against the dollar and now trades at $0.84 or 0.00003622 BTC.
  • yOUcash (YOUC) traded 0% higher against the dollar and now trades at $0.51 or 0.00002205 BTC.
  • FTX Token (FTT) traded 2.1% higher against the dollar and now trades at $30.82 or 0.00132896 BTC.
  • Chainlink (LINK) traded 2.6% higher against the dollar and now trades at $7.84 or 0.00033827 BTC.
  • Geegoopuzzle (GGP) traded 4.2% higher against the dollar and now trades at $15.70 or 0.00067718 BTC.

About Gnosis

Gnosis is a coin. It launched on April 18th, 2017. Gnosis’ total supply is 3,000,000 coins and its circulating supply is 2,579,588 coins. 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 website is gnosis.io. 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.

Gnosis Coin Trading

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

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