Why is GoCryptoMe rising? GCME crypto’s trading volume up over 4,000%

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 Why is GoCryptoMe rising? GCME crypto’s trading volume up over 4,000%
Image source: © Jiraart1986 | Megapixl.com
Highlights:
  • GoCryptoMe (GCME) is an advanced DeFi protocol that runs on various blockchain ecosystems
  • The GCME crypto is available on the crypto exchange PancakeSwap (V2)
  • Its price surged over 218% in the last 12 months

Some investors keep a close watch on the crypto market, mainly due to the chance of higher returns with regards to digital assets. Amid the uncertainties and recent market downturn due to various factors and escalating tensions between Russia and Ukraine, the crypto market has remained volatile.

Meanwhile, at the time of drafting, the global crypto market surged 4.73% to US$2.12 trillion, while the volume for the last 24 hours jumped 65.21% to US$103.81 billion, according to data provided by Coinmarketcap.com.

One such crypto, GoCryptoMe (GCME) has gained traction in the market, going by the surge in its price.

Also Read: Why is Meta Ruffy (MR) crypto gaining attention?

What is GoCryptoMe (GCME) crypto?

GoCryptoMe (GCME) is an advanced DeFi protocol that runs on various blockchain ecosystems. It aims to better the process of executing crowdfunding through integrating the power of decentralized finance (DeFi) and digital currencies while eliminating the “strict and bias(ed)” firewalls of the centralized system.

Various fundraising opportunities through donations of fiat currencies have been witnessed through crowdfunding, but limitations or restrictions remain in centralized systems as they lag behind with regard to adopting new technologies, the company claims.

Also Read: What is Milo Inu (MILO) crypto and why is it rising?

GoCryptoMe, using blockchains like Binance Smart Chain (BEP-20), Ethereum (ERC-20), Avalanche (AVAX), Polygon (MATIC), etc. intends to eliminate centralization while improving transaction speeds and the overall crowdfunding process to avoid the claimed limitations of the conventional methods.

The GCME crypto is available on the crypto exchange PancakeSwap (V2).

Why is it rising?

There could be various reasons that may have triggered the recent rally of the GCME crypto. Meanwhile, the investors may have lauded the company's recent partnership announcement with Benzinga.

Also Read: Top blockchain stocks to explore: COIN, CME, RIOT, MARA & BITF

On March 25, GoCryptoMe announced that with Benzinga, it has made an official partnership. In addition to that, it has also launched its V1 platform and its promotion titled "Load Your Bags", where it offered 0% buy tax for the users on March 24.

These recent developments, along with its unique and innovative services may have helped gains in its price recently.

Also Read: What is Secret (SCRT) crypto?

GoCryptoMe (GCME) crypto price and performance                                                    Source: *Data provided by CoinMarketCap.com

Bottom line:

The GCME crypto was priced at US$0.101 at 4:21 am ET on March 28, up 5.83%, while its one-day volume skyrocketed 4,565.74% to US$1.20 million. It has a market capitalization of US$9.99 million, and its fully-diluted market cap is US$10.09 million.

The token's max and total supply are 100 million, and its self-reported circulating supply is 98.98 million. Its price surged 218.11% over the past 12 months.

Also Read: Why did Thorchain (RUNE) crypto gain 150% in one month?

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