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Market Cap
$349,570.6
Fully Diluted Valuation
$578,162.8
24 Hour Trading Vol
$0
Circulating Supply
43,681,422.0
Total Supply
44,050,155.0
Max Supply
72,245,700.0
Goldcoin Price
$0.008003
24h Range
$0.008000 - $0.008006
Percent Change 1h
0%
Percent Change 24h
0.01%
Percent Change 7d
6.28%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Goldcoin (GLC) is a cryptocurrency that aims to combine the stability and value retention qualities of gold with the innovative technology of blockchain. Launched in 2013, Goldcoin is designed to be a peer-to-peer digital currency that can be used for transactions and as a store of value. With a total supply capped at 21 million coins, similar to Bitcoin, Goldcoin is built on a decentralized network that leverages the proof-of-work consensus mechanism. The currency promotes fast transaction times, low fees, and a level of anonymity that appeals to users looking for a secure digital asset.
Goldcoin was founded by a team of cryptocurrency enthusiasts, but the primary figure behind its development is a pseudonymous person known as the "GoldCoin Team." The project was initially inspired by the desire to create a currency that mirrors the intrinsic value of gold while being easily accessible through blockchain technology. The specifics of the founding team have remained somewhat obscured, reflecting a common trend in the cryptocurrency sphere where many projects prioritize community-driven development and decentralized governance over individual recognition.
Goldcoin operates on a decentralized network, utilizing the proof-of-work consensus algorithm to secure transactions and maintain the integrity of the blockchain. Miners validate transactions by solving complex mathematical problems, which in turn ensures the security of the network. The blockchain records all transactions in a transparent and immutable ledger. GLC can be acquired through mining, trading on various exchanges, or through peer-to-peer transactions. Additionally, Goldcoin’s wallet allows users to send, receive, and store their coins securely while also enabling users to engage in staking to earn rewards.
Goldcoin employs the Scrypt hashing algorithm, which makes it ASIC-resistant, promoting a more equitable mining environment. This feature enables a broader range of participants to mine
Investing in Goldcoin (GLC) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Goldcoin: Once your account is funded, you can purchase Goldcoin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Goldcoin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Goldcoin (GLC) is currently trading at $0.008003 and exhibits good potential for future growth. Check the latest Goldcoin (GLC) price prediction.
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The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.
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